GlaxoSmithKline and Google both exited the biotechnology developer through the $175m acquisition, which could eventually rise to $725m.

The healthcare management software provider, backed by UPMC and The Advisory Board, will raise the money in an upsized initial public offering.

Metacloud has raised $25m in just over a year, prior to Cisco announcing its intent to buy the cloud services company.

Cisco is set to acquire portfolio company Piston Cloud Computing, which also counts Swisscom as a backer, to boost its cloud services offering.

SoftBank and Qualcomm will both make partial exits through the offering, after the fitness tracker producer set the range for its IPO.

Digital media company Manatt has exited the word-based trend tracking app through an acquisition by News Distribution Network.

SoftBank paid $1.5bn for a 51% stake in the mobile gaming company in 2013 and now owns 73%, after buying additional shares from external investors.

Qualcomm and SingTel both exited the smart calendar app developer, which has been acquired by cloud computing company Salesforce for an undisclosed sum.

The internet company has acquired social network Path, which has a sizeable Indonesian user base, allowing Digital Garage and Bakrie to exit.