Shopify has agreed to pay $450m in cash and shares for the warehouse technology developer, which had raised $46m from investors including iRobot.

ByteDance has revealed it bought online information portal Baike just two weeks after it bought a 22.2% stake in the company.

Stanford-StartX Fund is set to exit the IoT security platform developer in a $75m purchase by Palo Alto Networks.

Dell Technologies Capital is set to exit the IoT security platform developer in a $75m purchase by Palo Alto Networks.

Kabbage is set to buy data analytics platform developer Radius, which had raised at least $137m from investors including Comcast, American Express, Salesforce and BBVA.

Hewlett Packard Enterprise is set to exit software defined-storage provider Hedvig, which has been bought by Commvault following $52m of venture funding.

MobilityWare has acquired sweepstakes app developer Jump Ramp for an undisclosed sum, enabling SoftBank to exit.

Novartis, Medtronic and SinoPharm will exit the stem cell-based diabetes therapy developer in an acquisition by Vertex Pharmaceuticals.

Novartis, Medtronic and SinoPharm will exit the stem cell-based diabetes therapy developer in an acquisition by Vertex Pharmaceuticals.

Mahindra & Mahindra has agreed to buy a 55% stake in BCC-backed Meru Cabs for $14.5m, in a deal that could reach more than $28m in total.