Wearable sensor maker StretchSense, a University of Auckland spinout, has been purchased out of administration by an unnamed buyer.

Oxford spinout Semmle has been acquired by GitHub, a subsidiary of Microsoft, providing exits to investors including Accel that had supplied $31m in funding.

Stanford-StartX Fund is set to exit the IoT security platform developer in a $75m purchase by Palo Alto Networks.

Novartis, Medtronic and SinoPharm will exit the stem cell-based diabetes therapy developer in an acquisition by Vertex Pharmaceuticals.

Smart urban lighting management business Smartnodes has been picked up by Lacroix Group having spun out of University of Liège and UCLouvain in 2007.

Modis Therapeutics, a Columbia University spinout focused on a rare mitochondrial disease, has been bought by Zogenix in a deal potentially worth $400m.

Intrinsic, an IT security startup with serverless execution capabilities backed by Stanford-StartX Fund, has been bought by enterprise software publisher VMware.

Woodford Investment Management has reportedly reaped $24.1m on its 20% stake in University of Bristol's Ultrahaptics.

Doxly has become the first exit for the IU Philanthropic Venture Fund after its acquisition by Litera Microsystems.

SnapGene, a molecular biology documentation spinout of UChicago, has been acquired by scientific data analysis tool provider GraphPad Software.