The multimedia transmission services company will become the Israeli division of Canada-based ATX Networks after it was acquired for $26m, granting an exit to the Mer Group.

Reports suggest Yozma, which is partly owned by Ofer Holdings, is set to make up to a 150x return on its investment in web services firm Conduit.

The Red Hat and eBay-backed mobile application infrastructure provider has become the third company to be acquired by mobile platform Appcelerator.

Investment bank Troika Dialog has divested its stake in online note taking company Evernote, garnering an exit ten times the size of its investment.

Pharmaceutical corporation Celgene has paid $350m upfront to acquire biopharma company Avila Therapeutics, with Novartis in line for an exit.

The social network continues its acquisition spree as it snaps up anti-malware service Dasient, landing an exit for Google Ventures