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Business News on February 23, 2014


CAMAC Energy Closes Allied Energy Acquisition
CAMAC Energy Inc. (NYSE MKT: CAK) (JSE: CME) ("CAMAC Energy" or the "Company") announced today that it has closed the acquisition of the remaining economic interests that it did not already own in the production sharing contract covering Oil Mining Leases 120 and 121 (the "OMLs") offshore Nigeria, which include the currently producing Oyo Field, from Allied Energy Plc ("Allied"). MarketWire

Glympse Partners With ChatON to Provide Location Technology to 180 Million Users Around the Globe
Glympse, the world's leading location sharing app and technology provider, has teamed with ChatON, the top global mobile communication service offered by Samsung, to provide temporary location sharing to the app's nearly 180 million users in more than 200 countries MarketWire

Virtual Instruments Launches Managed Service Offering in Australia
Virtual Instruments, the leader in Infrastructure Performance Management for physical, virtual and cloud computing environments, today announced the launch of a new offering for the Australian marketplace MarketWire

Element Provides Fifth Consecutive Financing Campaign With Next Generation BK(R) Kitchen at BURGER KING(R) Restaurants
Element Financial (formerly CoActiv) will provide BURGER KING® franchisees throughout North America with new financing options for Next Generation Kitchen (NGK) equipment purchases and installations. Element's program simplifies the process for franchisees to acquire the NGK, which greatly increases productivity, reduces waste and improves food quality MarketWire

Tizen App Challenge Announces Winners of $4+ Million in Prizes
Mobile World Congress 2014 -- The Tizen App Challenge today announced the winners of the Tizen App Challenge at Mobile World Congress 2014. A total of $4.04 million is being awarded to 54 entrants in 9 categories, as well as the top 10 ranked HTML5 apps. MarketWire

Ericsson Radio Dot System chosen by Softbank Mobile for indoor performance boost trial
GlobeNewswire

Vodafone takes lead with Ericsson Radio Dot System
GlobeNewswire

Retail Cloud Software Company eCommera Secures $41 Million to Embark on Global Mission to Reconfigure Retail
LONDON, UNITED KINGDOM --(Marketwired - February 23, 2014) - eCommera, a global software-as-a-service (SaaS) and big data company that was formed to help retailers profit from the move to omni-channel commerce, has announced a $41 million Series C funding round -- one of the largest raises in its category. MarketWire

NUS MBA Students Clinch Championship With 'Buy' Call on NOL in NUS Asian Stock Pitch Competition
Invest in Neptune Orient Lines Limited (NOL), recommends the winning team of the National University of Singapore (NUS) Business School's fifth Asian Stock Pitch Competition. MarketWire

eXelate Expands in Israel, Following Year of Company Milestones Including 50 Percent Growth
eXelate, the leading smart data and analytics engine powering smarter digital marketing decisions, today announced plans for additional hires in its Israel office, following a year of stellar accomplishments and major milestones MarketWire

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