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HireRight Acquires UK Firm

socalTECH

Irvine-based HireRight , a provider of on-demand employment screening and drug screening services, announced today that it has acquired Powerchex Limited , a pre-employment screening firm based in the United Kingdom. Powerchex provides pre-empoyment screening to companies in the UK, and was founded in 2005. READ MORE>>.

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How to Negotiate in a Business Acquisition

Tech Zulu Event

There are many factors to consider when your company is ready to embark upon an acquisition. However, it is also helpful to consider long term reach and the strategic impact that the acquisition can have on business overall. Here are the top three tips for getting what you want out of your company: 1. Have A Dedicated Team.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007. Tags: internet brands growth merger acquisition private. The firm's stock had held its own, having recovered so far from last year's market downturn. READ MORE>>.

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Interview with Ilya Pozin, Cofounder of Pluto TV

socalTECH

In January, Los Angeles-based Pluto TV (www.pluto.tv) was acquired by Viacom for $340M, one of the largest acquisition deals so far in the region this year. When I got to LA after I graduated from college in 2005, I pursued it full time, and we quickly grew that company to over $5M in revenues a year, without any kind of funding.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million).

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This Week in VC with Mo Koyfman of Spark Capital

Both Sides of the Table

Spark Capital is relatively new to VC (founded in 2005) yet has become one of the hottest new VCs having invested in Twitter, Tumblr, AdMeld, Boxee, KickApps and many more companies. New funding will be applied toward user acquisition and to expand into new product categories (gourmet food, wine and new services).

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I first met Ethan in 2005. RedBeacon went on to sell to HomeDepot in what was considered a very successful acquisition on all sides. But Ethan had left by the time of the acquisition. I was preparing to move back to the US from London after 11 years abroad. In the same year they won Business Insider’s Startup competition.

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