Siemens Novel Businesses has acquired the stake in automated robotics developer Magazino held by High-Tech Gruenderfonds.

Tsinghua Unigroup lays out potential $23bn bid for chip maker Micron in potentially the largest acquisition of a US company by a Chinese firm ever.

LVMH subsidiary Sephora has purchased cosmetics e-commerce company Luxola, for a reported $37m, providing exits to Gree and Transcosmos.

Siemens Novel Businesses has acquired the stake in automated robotics developer Magazino held by High-Tech Gruenderfonds.

Novartis-backed GenSight, which is developing eye disease treatments, raised almost $42m in its only publicly disclosed funding round.

Recruit Holdings has paid $40m to acquire learning quiz app provider Quipper, allowing education and publishing company Benesse to exit the company.

Stanford life sciences firm Oculeve receives $125m upfront from Allergan for its dry eye device.

The MedImmune-backed rare disease drug developer initially raised $60m when it went public on Nasdaq last week.

The business management software provider, which received early investment from Cisco and Berteslmann, had raised $57m in funding prior to the initial public offering.