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American Industrial Systems Sells Majority Stake To Foxconn

socalTECH

Irvine-based American Industrial Systems , a provider of engineering services and products for the Interet-of-Things, oil and gas, industrial automation, and other markets, has sold a 60 percent stake of the company to Ennoconn. AIS was founded in 2005. Financial terms of the sale were not announced. READ MORE>>.

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Modesat Acquired By Xilinx

socalTECH

Modesat , a developer of wireless backhaul communications chips and products, which has its North American operations headquartered in San Diego, has been acquired by Xilinx , the two said today. Modesat was founded in 2005 in Estonia, and develops backhaul modem solutions for microwave, E-band and NLOS (non-line of sight) markets.

San Diego 140
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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.

Startup 124
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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). I first met Ethan in 2005. ” So Ethan went to work as a product manager at Google Video. Nice sweep! He was seeking $500k.

CTO Coach 359
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Interview with Quinn Curtis, BrightCloud

socalTECH

One of the questions we get most from entrepreneurs is how companies reach an exit event, and the thinking that goes into acquisitions. Quinn Curtis: We were around since 2005, we were incorporated and funded in 2006. What's the story behind the acquisition? Quinn, thanks for the time. You'd mentioned you had some investors?

San Diego 145
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REACH | Disruptive Technologies Impacting the Future of Gaming [Live]

Tech Zulu Event

Scot has 15+ years experience developing product integration and interactive campaigns for major sports, entertainment and consumer brands. He also leads mergers and acquisitions and ran the acquisitions of SGN, MindJolt and HallPass Media. From 1997 through 2005, Robin was a marketing executive and general manager at PepsiCo.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. We’re going to start aggressively spend money on marketing our product. (it is also the title of a fabulous book from Internet 1.0

Startup 383