Maxim has agreed to pay $130m, excluding $34m of debt, for Austria-based SensorDynamics, which develops sensors for cars.

The Germany-based search engine company, already backed by bank venture arm Chancenkapital Biberach, has attracted another bank-backed corporate venture unit in LBBW.

The chief executive of Owlient, which makes horse riding games, thanked his backers at France Telecom venturing unit Innovacom for its support as a shareholder.

The company's corporate venturing unit invests in its second deal, ParkatmyHouse, after it was set up this year with up to $100m to invest.

Pelillo was previously at phone operator Orange-France Telecom Group, latterly as head of networks and advertising exchange, and internet services provider AOL.

Biolin Scientific, a Sweden based peer backed by private equity firm Ratos, has acquired the Sophion stake from NeuroSeach for an undisclosed amount.

The deal to acquire LiteOn Technology-backed Epyon Power follows ABB's purchase last year of US-based Ecotality to help it enter North America's electric vehicle charging market.

Keynectis has entered exclusive talks to acquire peer OpenTrust with both backed by Gemalto, a France-based digital security provider.