The corporate-backed online marketplace is reportedly holding out for $1bn, having rejected an acquisition offer of between $550m and $900m.

Progress Software has acquired business app development platform Kinvey, which had raised almost $18m from backers including NTT Docomo Ventures and Verizon Ventures.

Apple has reportedly acquired SensoMotoric, a Free University of Berlin spinout.

The e-commerce firm will help luxury fashion marketplace Farfetch expand in China as part of a strategic partnership deal that took Farfetch's total funding to about $700m.

The US Federal Trade Commission has joined two US states to seek an injunction blocking the merger of Edinburgh spinout FanDuel with DraftKings.

The US Federal Trade Commission has joined two US states to seek an injunction blocking the merger of the corporate-backed daily fantasy sports companies.

TCR, a joint venture involving Imperial Innovations and UCL Business, has been acquired by Cell Medica, itself backed by Touchstone Innovations.

Recruit has acqured Ganske Verlagsgruppe and HP Autonomy-backed consumer feedback platform TrustYou for an undisclosed amount.