IPO

Etsy, the online crafts marketplace and darling of the New York tech scene, raised $267 million in its IPO after selling 16.66 million shares at $16. Its initial market cap was $1.78 billion. Shares, which are trading on the Nasdaq, had reached $27.58 by market’s close on Friday.

Apigee, an API management service for the enterprise, expects to sell its shares for between $16 and $18, with the hope of raising over $90 million for an initial market capitalization of around $500 million. The ten year old San Jose, Calif.-based company filed with the SEC in the end of March and is backed by Norwest Venture Partners, In-Q-Tel, and Wellington Capital Management, among others. It reported over $60 million in losses last year.

Shopify, a Canadian e-commerce platform used primarily by small and medium sized businesses for their own online storefronts, has declared its intention to raise around $100 million through the filing of its F1. When it goes public, it will jointly trade on both the New York Stock Exchange and the Toronto Stock Exchange. Shopify reported a net loss of $22 million last year. Bessemer Venture Partners has a 30% pre-IPO stake in the company.

M&A

Nokia is paying $16.6 billion in stock, over a 30% premium, to acquire Alcatel-Lucent, its fellow telecom equipment manufacturer. The combined entity, which will be the second biggest in the industry behind Erricson, should rake in over $27 billion in revenue from operations in Asia, Europe, and North America. Nokia’s share price jumped over 3% after the deal was announced Wednesday.

Apple has acquired LinX Computational Imaging, an Israeli developer of miniature cameras used in tablets and smartphones. While neither side is commenting on the transaction beyond the fact that it did occur, The Wall Street Journal has reported the deal was worth $20 million.