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Page 175

Citrus Pay proves fruitful investment

Beenos and eContext are set to exit Citrus Pay in a $130m acquisition by Naspers subsidiary PayU Corporate, defying earlier reports valuing the deal at up to $180m.

Sep 14, 2016

Ford pays $65m to win Chariot race

Ford Smart Mobility is set to acquire shuttle service Chariot, which had raised $3m from investors including Major League Baseball, for a reported $65m.

Sep 13, 2016

Corporates to take leave of Sensity in Verizon acquisition

Simon Property, Cisco, General Electric and Acuity Brands are set to exit LED technology provider Sensity Systems, which will be bought by Verizon.

Sep 13, 2016

Soft Machines to be consumed by Intel

Intel has reportedly agreed to buy the semiconductor technology developer in a $250m deal that will provide exits to AMD, Samsung and GlobalFoundries.

Sep 12, 2016

Big deal: Allergan spots RetroSense for $60m

The acquisition of Wayne State University spinout RetroSense followed a licensing agreement with University of California, San Diego for another compound and may yet exceed $60m.

Sep 12, 2016

Apollo Endosurgery finds its way to Lpath

Novo and others are set to reinvest in Apollo Endosurgery after it agreed to acquire Nasdaq-listed Lpath in a deal that will speed up its progress towards an initial public offering.

Sep 9, 2016

Allergen makes RetroSense in $60m acquisition

Santen Pharmaceutical and Nerveda RetroSense have exited eye disease treatment developer RetroSense, which had raised about $12m in funding.

Sep 7, 2016

Bosch exits Movidius in Intel acquisition

Vision processing chipmaker Movidius, which had raised more than $86m from investors including Robert Bosch and Sunny Optical, has been acquired for an undisclosed sum.

Sep 7, 2016

AXA lets go of EverContact

The insurer's AXA Strategic Ventures unit has exited email contacts tool developer EverContact through an acquisition by One More Company, in which it has also invested.

Sep 5, 2016

Rakuten buys online marketplace developer Fablic

Rakuten has acquired Fablic, the operator of a flea market app called Fril, providing an exit to Colopl and Cookpad, which backed a $9.2m series A round two years ago.

Sep 5, 2016
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