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Page 320

Amazon has Cloud9 over the moon

Atlassian-backed cloud collaboration software developer Cloud9 has been purchased by Amazon and will be absorbed into its Amazon Web Services product suite.

Jul 18, 2016

Flightcar makes crash landing at Mercedes-Benz

Airport-focused car sharing service Flightcar, which had raised $40m from backers including Priceline, Tencent, Comcast and SoftBank, has shut down and sold its technology to Mercedes-Benz.

Jul 18, 2016

UCar to lift itself on to public markets

Alibaba and Legend Holdings are set to exit the chauffeured lift service, spun out of auto rental company CAR in early 2015, through a flotation in China.

Jul 14, 2016

Yatra to go public in reverse merger

The India-based online travel booking platform, which had raised $125m from backers including Intel, IDG and Network18, will merge with a US-based special purpose vehicle.

Jul 14, 2016

Protagonist to perform flotation in $75m IPO

Corporates Johnson & Johnson, Eli Lilly and Pharmstandard jointly hold more than 45% of the IBD drug developer, which has raised $67m since 2006.

Jul 13, 2016

Wurldtech to beef up GE's cybersecurity capabilities

Siemens has exited internet-of-things cybersecurity technology producer Wurldtech through an acquisition by General Electric.

Jul 12, 2016

Yandex exits SalesPredict in eBay acquisition

Big data-equipped retail analysis technology developer SalesPredict will be absorbed into eBay in a deal that will allow series A investor Yandex to exit.

Jul 12, 2016

Line walks to $1.14bn IPO

Naver has successfully spun out its Japan-based messaging app subsidiary Line, pricing its shares at the top of their range in a US and Japan flotation.

Jul 11, 2016

Fewer but larger deals in Q2

Quarterly analysis: The is a snapshot of the data we have collected on investment activity over the past three months. To cross-check and double-check details of reported deals, we have contacted a large number of corporate investors around the world.

Jul 8, 2016

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