Mobile gaming firm and Oxford spin-out NaturalMotion acquired by gaming platform Zynga for $527m.

Oxford secure payments spin-out OxCept switches gears towards peer-to-peer mobile payments.

Joerg Sievert, Managing Director of SAP Ventures European Advisors, is moving on, having accepted a position as Managing Director in a global fund, as yet unspecified.

Leeds spin-out Evocutis aims to remodel its business into either selling or licensing its LabSkin product after disappointing 2013.

The Royal Academy of Engineering announces plans to back eight UK university innovations with business potential.

Spain-based WiFi-sharing network Fon raises $14m in a venture round led by the venture capital unit of California-based microchip manufacturer Qualcomm. Other previous investors also took part in the round, including Google, Deutsche Telekom and ventures capital firms Index Ventures, Coral, Atomico.