ADVFN - Advanced Financial Network.
HOME» NASDAQ » M » MSFT Stock Price » MSFT Stock News

Microsoft Share News

 Microsoft (mm) Stock Price
MSFT Stock Price
 Microsoft (mm) Stock Chart
MSFT Stock Chart
 Microsoft (mm) Stock News
MSFT Stock News
 Microsoft (mm) Company Information
MSFT Company Information
 Microsoft (mm) Stock Trades
MSFT Stock Trades

AXA Private Equity Buys Stake in Arkadin; Second Deal in as Many Days

By Marietta Cauchi LONDON -(Dow Jones)- AXA Private Equity said Wednesday it has bought a 45% stake in virtual-conferencing provider Arkadin, the investment company's second deal in as many days. Financial details of the transaction weren't disclosed but it follows the exit of Arkadin's original investors including Apax Partners, Altamir Amboise, Innovation Capital and UFG-Siparexa. Arkadin has 1,000 employees in 29 countries and generated revenue of 159 million euros ($200.2 million) in 2011. A large part of its growth has been based on partnerships with leading telecom operators and global technology companies such as Microsoft Corp. (MSFT). The transaction comes just a day after AXA Private Equity bought a portfolio of 11 private equity fund investments from OMERS Private Equity, the private equity arm of Ontario Municipal Employees Retirement System. The portfolio comprised investments in buyout funds worth some $850 million in original commitments and including the related unfunded commitments. AXA Private Equity manages assets of $28 billion including funds of funds both primary and secondary, and direct funds. It has been an active buyer of assets over the last few years in particular capitalizing on the disposal of portfolios by large global banks looking to derisk and boost balance sheets. In June 2011 AXA Private Equity bought a $1.7 billion portfolio of private equity assets from Citigroup (C) and a $740 million private equity portfolio from Barclays PLC (BCS). Write to Marietta Cauchi at marietta.cauchi@dowjones.com

Stock News for Microsoft (MSFT)
DateTimeHeadline
04/29/201618:59:00The Digital Assistant Cortana Has a One-Track Mind: Microsoft
04/29/201618:47:00Statement of Changes in Beneficial Ownership (4)
04/29/201617:28:24Statement of Changes in Beneficial Ownership (4)
04/28/201618:00:00Pandora Media Loss Widens Despite Ad Sales Boost
04/28/201617:50:00Expedia's Loss Widens on Higher Spending
04/28/201616:50:00Amazon Reports Another Profit
04/28/201609:20:00Priceline CEO Resigns After Relationship With Employee
04/27/201603:02:00Currency Trading: Weak Dollar Gives Boost to U.S. Earnings...
04/26/201619:20:00Weak Dollar Gives a Lift to U.S. Earnings
04/26/201619:08:00Weak Dollar Gives a Lift to U.S. Earnings
04/26/201613:10:00S&P Strips Exxon of Triple-A Credit Rating
04/26/201612:40:00Exxon Stripped of AAA Rating by S&P
04/25/201618:40:00Microsoft's One-Handed Keyboard App is Only For iPhones
04/25/201612:21:00Microsoft extends openness and interoperability in industrial...
04/25/201604:30:00Global Stocks Lower as Earnings Season Picks Up Pace
04/25/201603:00:00Microsoft and Jabil collaborate to create quality assurance platform...
04/24/201609:00:00Microsoft and Rolls-Royce collaborate to offer advanced operational...
04/22/201618:43:00Microsoft, Google End Regulatory Disputes-- 2nd Update
04/22/201611:39:00Microsoft, Google End Regulatory Disputes--Update
04/22/201610:40:00Microsoft Withdraws Complaints to Regulators About Google

Microsoft and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad