Zhu Linan, a member of the company's executive committee and a former executive vice-president, has replaced Liu as president.

A source inside Alcatel-Lucent said the Ventures unit had been closed earlier this year and Bart Shigemura, vice-president of Alcatel-Lucent Ventures, had left.

The enterprise cloud company backed by Salesforce and SAP's corporate venturing unit expands to Europe.

US-based online coupon and deal marketplace WhaleShark Media promotes Kelli Beougher to the role.

Katherine Noesen, vice-president of Flex New Ventures, had joined Flextronics in September.

Clarkson was previously a director at venture capital firm Draper Fisher Jurvetson managing its DFJ Global Network.

One of the co-founders of Russia-based technology company Mail.Ru starts the first global investment company focused on the robotics industry.