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Iberia Could Take On Hungarian Birds Under Low-Cost Wing

The low-cost wing of Spanish airline Iberia, Vueling, has shown interest in acquiring Malev, the Hungarian national carrier. Malev is [...]

Viennese PE Fund Lead Equities invests in German MCL-Group

Viennese firm Lead Equities has just invested in a 60-percent stake in German IT company MCL-Group. The majority-stake acquisition was [...]

Romanian tech start-up Summify is acquired by Twitter

Summify – a Romanian start up that uses social analytics data to create personalized news aggregation service for individual users, [...]

IT service provider EPAM Systems launches IPO

EPAM Systems, a global software development company with delivery centres across the Central and Eastern Europe region, announced the launch [...]

Sun Network Chief Joins Vyatta Board To Boost Cloud Business

Networking vendor Vyatta has recently added to its board of directors Sun Microsystems ex-Chief Networking Officer Geoffrey Baehr. The move [...]

Bulgarian telecom operator Vivacom being eyed for takeover

Four suitors, Telekom Austria, Turkcell of Turkey, Corporate Commercial Bank of Bulgaria and Icelandic businessman Thor Bjorgolfsson, are rumoured to [...]