Cloud collaboration software provider Exostar was formed by BAE, Boeing, Lockheed Martin, Raytheon and Rolls-Royce before Merck & Co became a shareholder in 2014.

Bertelsmann Digital Media Investments has exited affiliate marketing service Skimlinks, which was purchased by Connexity for an undisclosed amount.

Cisco intends to purchase the network analytics software producer, which had raised more than $110m from investors including GV and Salesforce Ventures, for a reported $1bn.

Roche has purchased Stratos Group's DNA sequencing spinoff five years after its corporate venturing subsidiary contributed to a $30m series B round.

Swisscom Ventures has exited invoice financing services provider Advanon in an acquisition of undisclosed size by peer Creditgate24.

Sogou has exited online medical information provider Baikemy in an acquisition of undisclosed size by ByteDance, two years after reportedly investing.

The corporate-backed health management service raised the cash from Perceptive Advisors and has used $30m to buy musculoskeletal-focused Physera.

Edtech venture studio Entangled has been bought by Salesforce and Workday-backed Guild Education in an all-share deal sized above $80m.

GV and CAA Ventures have exited online GIF database Giphy in a reported $400m deal, sized at approximately $200m less than its valuation four years ago.

NetEase, SoftBank, Time Warner, Madison Square Garden, Dick Clark Productions, Citic Guoan, Founder Group and Comcast have all exited the VR viewing platform at a reduced valuation.