KKR invests $500 million in cloud storage firm Box

KKR invests $500 million in cloud storage firm Box

Box Inc said on Thursday private equity giant KKR & Co Inc will lead a $500 million investment in the cloud services provider and get a seat on its board, amid pressure from hedge fund Starboard Value LP. The investment will be executed through convertible...
ORBCOMM being acquired by private equity firm in $1.1B deal

ORBCOMM being acquired by private equity firm in $1.1B deal

ORBCOMM Inc., a global provider of Internet of Things solutions, today announced that it has entered into a definitive agreement to be acquired by GI Partners, a leading US-based investor in data infrastructure businesses, in an all-cash transaction that values...