Search engine Google could land as much as 2.7 times return from its backing of US-based internet games company Zynga, as Google is set to own a 3.8% stake post-initial public offering. The IPO reportedly values the company at $7bn.

Remedy Health Media is acquiring the online health company, which has raised almost $60m from backers including Interactive Corp. and the Carlyle Group.

The pharmaceuticals company, which is backed by investors including corporate venturing funds from GlaxoSmithKline and AstraZeneca, has filed for an initial public offering which could raise up to $80m.

The India-based online education company, funded by Intel, has spun off two online properties and is searching for buyers.

Juniper Networks-backed content delivery company Cotendo is reportedly about to be acquired, with rival Akamai facing competition from AT&T and Juniper as potential buyers.

Microsoft has acquired the Verizon-backed video discovery technology company for a reported figure of almost $100m.

Energy management company Ecova has grown its customer base by acquiring its competitor, the Siemens-backed Prenova.

The research and development outsourcing company raised $96.5m from its initial public offering with corporate backer Symyx Technologies exiting and ATMI retaining its shares.