Two years after Telstra Ventures led a $43m series D round for Cumulus Networks, Nvidia has agreed to purchase the data centre networking technology provider.

The mobile payment terminal supplier booked $5.8m from its IPO and is now lining up an acquisition to expand its business.

Intel confirmed its acquisition of Moovit for $900m, following reports over the weekend that the corporate was looking to pay as much as $1bn for the transit app developer.

Kingsoft’s cloud services subsidiary has set its price range for an initial public offering in the US and will raise as much as $450m in proceeds if it floats at the higher end.

Two years after leading a $50m series D round for the urban mobility app developer, Intel is in the final stages of an acquisition of Moovit priced at approximately $1bn.

Creative Market, acquired by Autodesk in 2014 before being spun out three years later, has now been bought by its peer Dribbble for an undisclosed amount.

HealthpointCapital has acquired a majority stake IlluminOss, the orthopaedic implants supplier that raised $28m in a series C round backed by SR One eight years ago.

US-based cybersecurity software developer DivvyCloud agreed to be acquired by security analytics provider Rapid7 for $145m in a cash and shares transaction that will give an exit to mass media group Discovery Communications.

Discovery Communications will exit the cybersecurity automation platform developer in a $145m cash-and-share deal following $29m in venture funding.

The potential acquisition would reportedly value the HPE, Microsoft and Koch-backed cloud software provider below its most recent valuation but above $250m.