Engineering and 3D design product firm Ansys has bought Cambridge-founded Granta Design and will offer the company's materials information products to its customers.

The company has acquired the Mobile First Alliance-backed push notification technology developer for an undisclosed amount.

A raft of corporates are set to exit free online television streaming platform Pluto TV after Viacom agreed to buy it for $340m.

Eli Lilly-backed ophthalmic technology developer Avedro has filed for an $86.3m initial public offering having previously raised $220m in debt and equity financing.

Marketing technology firm CM Group has snapped up digital marketing software creator Sailthru, which had raised $48.5m from investors including defunct corporate unit AOL Ventures.

Aptus-backed neurodegenerative-focused company Alzheon has withdrawn its second attempt at initial public offering, less than year after cancelling its first bid.

Annual review: 2018

The astonishing development of the private capital markets for fast-growing companies in the past five years is easy to record but only when put against public markets does the transformation in liquidity become apparent.

Rob Lavine, News editor for Global Corporate Venturing, reviews the trends in venturing from 2018

The Novel-backed second-hand luxury goods marketplace, valued at $745m in its last round, has approached investment banks about underwriting an initial public offering this year.