SmartThings, the developer of an app for home automation, has been bought for $200m just over two years after it was founded.

Sumitomo-backed Alta has officially become the fourth solar product manufacturer to be acquired by Hanergy.

The firm sold its stakes in digital imaging technology developer Sopat and metrology analysis company Luphos.

Telstra had already invested $61m for a 23% stake but acquired the Google, Motorola Mobility and Itochu-backed online video service for another $270m.

E-commerce company Rakuten has acquired portfolio company Slice for an undisclosed amount to get access to data technology for analysis of its users.

Goethe University Frankfurt spin-out Butalco has been acquired by French yeast producer Lesaffre.

Softbank, Google and AOL all exited the music recommendation app after it was bought by online radio service Rhapsody for an undisclosed sum.

Santaris, which is developing drugs based around locked nucleic acid technology, has been bought for $450m, providing an exit to investors including Novo.

Taboola acquired the Comcast and Tribune-backed marketing software company in order to include advertisements alongside its current content discovery platform.

Bertelsmann's Asian corporate venturing fund has exited online education company Chuanke.com after it was bought by Baidu.