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Page 380

Citrus Pay proves fruitful investment

Beenos and eContext are set to exit Citrus Pay in a $130m acquisition by Naspers subsidiary PayU Corporate, defying earlier reports valuing the deal at up to $180m.

Sep 14, 2016

Crispr plays it cool with IPO filing

Existing backer Bayer will invest $35m through a private placement alongside an initial public offering in which the gene editing company is initially looking to raise $90m.

Sep 13, 2016

Corporates to take leave of Sensity in Verizon acquisition

Simon Property, Cisco, General Electric and Acuity Brands are set to exit LED technology provider Sensity Systems, which will be bought by Verizon.

Sep 13, 2016

Soft Machines to be consumed by Intel

Intel has reportedly agreed to buy the semiconductor technology developer in a $250m deal that will provide exits to AMD, Samsung and GlobalFoundries.

Sep 12, 2016

Big deal: Allergan spots RetroSense for $60m

The acquisition of Wayne State University spinout RetroSense followed a licensing agreement with University of California, San Diego for another compound and may yet exceed $60m.

Sep 12, 2016
Sep 9, 2016

Allergen makes RetroSense in $60m acquisition

Santen Pharmaceutical and Nerveda RetroSense have exited eye disease treatment developer RetroSense, which had raised about $12m in funding.

Sep 7, 2016

IDG gets $20m partial exit from Lenskart

PremjiInvest has bought $20.4m of shares in the eyewear retailer from IDG Ventures India and invested a further $9.6m at a $270m valuation.

Sep 7, 2016

Bosch exits Movidius in Intel acquisition

Vision processing chipmaker Movidius, which had raised more than $86m from investors including Robert Bosch and Sunny Optical, has been acquired for an undisclosed sum.

Sep 7, 2016

RetroSense detects $60m acquisition

Allergan has acquired the Wayne State University spinout, backed by Santen Pharmaceutical and Nerveda, for an upfront payment of $60m with potential milestone payments in future.

Sep 7, 2016
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