Digital local advertising company YP acquires Intel-backed, location-based mobile advertising technology company Sense Networks.

Akamai Technologies, whose products help move content over the internet, has agreed to acquire Intel-backed cloud security company Prolexic Technologies for around $370m.

Telecommunications company Century Link buys Intel-backed cloud computing and storage firm Tier 3 to build out portfolio of cloud services for enterprises and to "anchor its new CenturyLink Cloud Development Center."

Intel has acquired e-textbook publisher Kno, a portfolio company of Intel Capital.

Ingram Micro aims to accelerate growth into $40 billion market for e-commerce fulfillment services, through acquisition of Shipwire, a logistics services company backed by eBay and Newell Rubbermaid.

Novartis Pharmaceuticals signs deal worth a possible $300m to acquire the lead drug asset of Sideris Pharmaceuticals for the treatment of transfusion-related iron overload; concurrently, Sideris raises $32m series A funding.

Pharmaceutical giant AstraZeneca writes $440m cheque for UCL spin-out Spirogen.