The Kraft-backed biotechnology company, which is developing treatments for neuromuscular disorders, has gone public just five months after a $40m series A round.

The internet company will convert its 15% stake in Alibaba, together with one of its legacy businesses, into an independently registered entity.

Microneedle patch developer Zosano secured the cash from strategic partner Eli Lilly concurrently to a $47.5m initial public offering.

StartX-backed Pixelapse is acquired by Dropbox with plans to integrate its collaboration platform.

Intel and Scientific Computing Associates are set to exit the statistics and analytics software provider through an acquisition by Microsoft.

Tech giant Apple acquires Imperial spin-out Semetric as the firm sets sights on Spotify.

Strathclyde gas analysis spin-out Cascade Technology acquired by US-based Emerson.

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Financial services firm Poalim has exited the connected device software provider after audio equipment producer Harman bought it in a cash and share deal.

Amazon has reportedly agreed to buy the ARM-backed semiconductor technology developer, which was still in stealth, to boost its Amazon Web Services division.