In November, SoftLayer expanded its incubator support program into Canada.

Biopharmaceutical firm Okairos is acquired by GlaxoSmithKline for $325m.

JouleX, which has had previous investment from Cisco, has been acquired by the computer network server company for $107m.

Capital18, the corporate venturing unit of India-based Media & Investments (Network18) has been on a very active exit path over the past 12 months, namely with its latest divestment in India-based digital media agency, Webchutney. Capital 18 has sold its 70% stake to the India unit of Japan-based advertising agency, Dentsu, for an undisclosed sum, which has reportedly made investors three times their investment.

Solera Network, the US-based network security analytics provider, sold to Blue Coat Systems.

Morgan Stanley-backed EKOS snapped up for $180m.

Biogen Idec-backed Portola Pharmaceuticals raises $122m on Nasdaq.

SAP and Time Warner-backed video advertising company files for IPO.

Elan is buying AOP Orphan Pharmaceuticals, which has a minority stake in Shield Therapeutics, a Switzerland-based specialty pharmaceutical company.