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.

University of Maryland's respiratory support device spinout Breethe has been picked up by Abiomed, which aims to expand treatment options for cardiogenic shock patients.

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.

Woodford has faced challenges in selling its shareholdings in spinouts including Oxford Nanopore and Immunocore, but has now lined up Acacia as a potential buyer.

Carnegie Mellon University call centre analytics software spinout Voci Technologies is to be acquired after raising $17.9m of equity and debt financing.

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.