Remedent has sold a slice of its own stake in GlamSmile to IDG-Accel, which now holds 31% of the stock, in return for a $7m investment.

The commodities exchange, which counts Intel, Financial Technologies and several financial services firms among its backers, will float in the next two weeks.

The two firms are combining their efforts to construct a proactive customer service platform, with Microsoft taking an equity stake in the smaller company

The computer networking company is reported to be seeking an imminent exit from an undisclosed investments, just two weeks after it exited Netmagic

Saudia Aramco Energy Ventures's head pledges the Saudia Arabia-based energy company is looking to become "an integrated energy and chemicals company with greater energy efficiency and use of alternative energy."