Amgen will pay $425m in cash and up to $575m in performance fees for Biovex, which is testing vaccines for cancer and genital herpes.

Johan Feenstra, Liquavista's founder and new chief executive (CEO) of Liquavista, said: "The outright acquisition of Liquavista by the largest electronics company in the world [Samsung] is the fulfillment of a strategy dating back to the original spin-out and confirmation of the disruptive potential that our technology will have in the display market."

SAP Ventures Fund I will invest in software and software-enabled service companies globally and builds on the team's work since 1997.

News provider Wall Street Journal said Amazon valued Lovefilm at about $320m but the cost of acquisition was offset by its 42% holding.

Biotie will issue 161,448,371 shares to acquire Switzerland-based Synosia.

T-Venture has joined Creathor Venture, a local venture capital firm and Netbiscuits' first institutional backer, in the consortium providing money to help Netbiscuits expand into the US.

A consortium of investors led by the Russian state invests $700m in Plastic Logic as competition for innovative companies takes on geo-political overtures as countries try to emerge from the credit crunch or maintain economic growth rates.

T-Venture had originally provided seed money to Sones in 2009 and reinvested in its series A round.

Cambridge Enterprise, the University of Cambridge's commercialisation office, and UK government-backed investment group Carbon Trust join Rhodia in the consortium backing Eight19.

Motorola divided on January 4 into Mobility and Solutions to cover mobile phones and enterprises respectively and its corporate venturing unit has followed the two by splitting its portfolio and concentrating most of its teams back in the US.