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Luma takes acquisition route to Newell

Amazon Alexa Fund and GV have exited wifi router developer Luma, which had raised $22m, in an acquisition reportedly sized at more than $10m.

Jan 16, 2018

Retailers compete for Boxed acquisition

American Express Ventures could exit bulk-buying e-commerce platform Boxed, which is considering acquisition offers of up to $500m.

Jan 15, 2018

Alibaba reportedly acquires $3bn of Ofo shares

Alibaba has bought $3bn of shares in Ofo from another existing backer, GSR Ventures, according to a relative of GSR's managing director.

Jan 15, 2018

Maoyan Weiying to promote $1bn IPO

The company, which holds the largest share of China's mobile ticket retail market, is backed by Tencent, Meituan-Dianping and Enlight Media.

Jan 15, 2018

Celgene provides Sanofi with $1.1bn Impact exit

Sanofi will exit cancer drug developer Impact Biomedicines in an acquistion by Celgene that consists of $1.1bn up front and potentially billions in milestone payments.

Jan 12, 2018

Dropbox files confidentially for IPO

The Salesforce Ventures-backed file storage service has some 500 million users and was valued at $10bn as of 2014.

Jan 12, 2018

Luxcel reaches conclusion with Agilent acquisition

Mocon has exited cellular testing services provider Luxcel Biosciences, seven years after it paud $3.6m for a 16.9% stake in the company.

Jan 11, 2018

Viacom identifies WhoSay for acquisition

Viacom has acquired online marketing agency WhoSay, allowing investors including Comcast, Tencent and Amazon to exit.

Jan 11, 2018
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