IPO

SolarEdge Technologies, an Israeli distributes solar power solutions company, raised $126 million in its IPO. The company, trading under the symbol SEDG on the Nasdaq, counts Opus Capital, Genesis Partners, Walden International, Lightspeed Venture Partners, Norwest Venture Partners Vertex Venture Capital and ORR Partners among its shareholders. The company’s initial market cap stood at $685 million.

AGS Transact Technologies, an Indian touchpoint technology provider, is planning an IPO worth $216.6 million, according to Reuters. The company is partly owned by TPG Capital.

Apigee Corp., an API management company, has filed for a $86.25 million IPO. The company plans to trade on the Nasdaq under the ticker symbol APIC. In the past the company has raised over $170 million in venture capital for companies such as Norwest Venture Partners, Bay Partners, Third Point Partners and Wellington Management. For the six months ended January 31, the company reported a $27 million net loss.

Exits

Apple has bought FoundationDB, a database technology provider, and immediately shuttered the company. Apple acquired the company in order to use the technology for its own data, but infuriated developers by removing any trace of it on Github, the code repository.

Gravity4, a marketing operating system, has acquired Triggit Inc., a dynamic retargeting offering. The deal marks Gravity4’s seventh acquisition since it was launched in July last year. San Francisco-based Triggit has raised $18 million in VC funding from the likes of Foundry Group, Bay Partners, Spark Capital and North Atlantic Capital. “We are proud to announce our seventh acquisition and welcome Triggit to the Gravity4 family. This adds a unique offering to our product suite, allowing us to enter various additional verticals, including travel and e-commerce, and introduce native programmatic advertising to the marketplace. We are also thrilled to have one of the few direct seats on the Facebook Ad Exchange, and look forward in continuing our investment on one of the most powerful supply sources today, Facebook.” – said, Gurbaksh Chahal, Chairman and CEO of Gravity4.

Optimal Payments is to buy the maker of the Skrill e-wallet for $1.2 billion. Skrill is the biggest competitor to Optimal’s Neteller business, and reported a core profit of $89 million for the year ending September.