Quikr, which is also raising cash at a $1.5bn valuation, is set to acquire the Google-backed property listings platform for about $160m in cash and stock.

MedImmune, Amgen and GlaxoSmithKline are all set to exit Adheron in a deal that could potentially rise to $580m if all milestones are met.

SAP-backed Sapphire Ventures will exit the ticketing technology platform through an acquisition that will expand music recommendation service Pandora's product offering.

The China-based local services and group buying companies had raised a combined $2.6bn from backers including Alibaba, Tencent, Xiaomi, Fosun and Wanda Group.

Cloud application technology provider Intalio had raised about $60m from investors including Sapphire Ventures, formerly part of enterprise software company SAP, and VMware.

Vodafone and MTI will exit cloud communications technology company Jibe, which had raised $9.1m, as Google agrees to buy it for an undisclosed sum.

Axel Springer took a 9% stake in the online media company in January and will own 97% after the closure of a deal that values it at $390m cash and debt-free.

Intel, Samsung and Entegris are set to exit semiconductor technology provider NexPlanar following an acquisition by Cabot Microelectronics.

William Morris Endeavor and IDG have exited AlphaDraft in an acquisition that will facilitate fantasy sports platform FanDuel's entry into the eSports market.