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Page 416

News round up 17 August 2015

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Aug 14, 2015

Pure Storage looks to rack up $300m in IPO

The Samsung-backed flash storage company was valued at $3bn as of its last funding round, a $225m series F round closed last year.

Aug 14, 2015

Branch Metrics swoops on ClassOwl

Follett and Pearson exited the classroom communication app, which has been acquired by Branch Metrics for an undisclosed amount.

Aug 11, 2015

Samsung basks in Raydiance exit

Samsung led a $20m round for the laser producer in 2012, part of the $105m it raised before being bought by Coherent for less than $9m.

Aug 11, 2015

FortuneRock goes for IPO cookie

Biotechnology company FortuneRock is set to float on the National Equities Exchange and Quotations in China, giving Jinhua Pharmaceuticals an exit.

Aug 11, 2015

La Poste divests majority stake in Xange

La Poste will sell the 90% stake in Xange Private Equity it owns through its La Banque Postale division to Siparex, buying back a 20% share.

Aug 10, 2015

MorphoSys acquires portfolio company Lanthio

MorphoSys, which owned a 20% stake following Lanthio's 2012 series A round, paid $22.5m for the remainder of the drug developer's shares.

Aug 7, 2015

News round up 10 August 2015

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Aug 7, 2015

Delphi chauffeured to Ottomatika deal

Delphi Automotive acquires Carnegie Mellon University spinout Ottomatika for self-driving car software.

Aug 7, 2015
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