Ligand acquired a 37% share in the biopharmaceutical company, which is set to float on Nasdaq, issuing three million shares priced at $8.00 each.

The pharmaceutical company, which invested $45m in Quanticel in 2011, will pay $100m up front and up to $385m in milestone payments.

Oxford University Press bought the High-Tech Gruenderfonds-backed online language learning service for an undisclosed sum.

The SAP-backed IT infrastructure provider expects to float at a valuation of about $2.5bn, after raising more than $310m in venture funding.

Recruit-backed fitness class subscription service FitMob has been acquired by competitor ClassPass for an undisclosed sum.

The app development platform, backed by Accenture, Juniper Networks, Sapphire Ventures and Norwest Venture Partners, had raised more than $200m in VC funding.

Siemens-backed ViewRay has postponed a $64m initial public offering that would have been used to help commercialise its radiation therapy system.

Online food delivery platform is the first exit for the Munich academy of Telefonica's Wayra accelerator, which will be added to Rocket Internet's food portfolio.

Ontario Capital Growth Corporation gains $19m as Affinium Pharmaceuticals is acquired by Swiss biopharmaceutical Debiopharm International.

58.com has acquired local listings service Ganji in a $2.8bn deal that gave Nokia Growth Partners its largest ever exit.