Venture-Backed Silver Peak Is Said to Explore $1 Billion Sale

Venture-Backed Silver Peak Is Said to Explore $1 Billion Sale

Silver Peak Systems Inc., a networking company backed by venture capital firms Greylock Partners and TCV, is exploring a potential sale that could value it around $1 billion, according to people familiar with the matter. The Santa Clara, California-based company is...
How SoftBank’s Vision Fund Lost its Vision

How SoftBank’s Vision Fund Lost its Vision

  SoftBank’s Vision Fund has been making the news recently, and not in a good way. The massive corporation – led by Masayoshi Son, Japan’s richest man, initially started as a software distribution platform in 1981, and over the course of 39 years, the company...
Virgin Atlantic Nears Deal for $500 Million Rescue

Virgin Atlantic Nears Deal for $500 Million Rescue

Virgin Atlantic Airways Ltd. is closing in on a 400 million-pound ($504 million) rescue led by Davidson Kempner Capital Management after the U.S. hedge fund offered more favorable terms than other potential backers, people familiar with the matter said. Davidson...