Online chat service and internet portal Daum Kakao has acquired the venture firm and plans to turn it into its corporate venturing arm.

Antibody developer XO1, backed by a Johnson & Johnson-backed fund, has been acquired by another Johnson & Johnson subsidiary, Janssen Parmaceuticals.

Hearst and Amazon both exited the revenue management company after it was acquired by AppNexus, which will integrate its technology into its own platform.

Pulmatrix, an inhaled drug developer that had raised $65m in venture funding, will be acquired by publicly-listed Ruthigen in an all-share deal.

Salesforce-backed internet of things company 2lemetry has been bought by online retailer Amazon for an undisclosed sum.

Online marketplace Lamido will be shut down and absorbed into e-commerce portal Lazada in a bid to consolidate Rocket Internet's Southeast Asian activities.

Novartis and Johnson & Johnson-backed Catalyst has signed an agreement to form a newly merged company with Targacept, and will retain a majority stake of 65%.

Stitch, the developer of an assistance app for salespeople, raised $3.25m in seed funding last year from investors including Google Ventures.

The newly merged company, Next Commerce, will cover nine countries across Asia Pacific and serve more than four million customers.

The Siemens-backed cybersecurity startup, founded in 2013, had reportedly raised about $2m in funding.