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Solarflare Acquired By Xilinx

socalTECH

Irvine-based Solarflare , a developer semiconductor used for high performance, low latency networking, has been acquired by San Jose-based Xilinx. Financial details of the acquisition were not anounced. According to Xilinx, the deal will help the company accelerate its "data center first" strategy.

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AwesomenessTV Acquires Big Frame

socalTECH

Los Angeles-based AwesomenessTV --which is now part of Dreamworks--has acquired Big Frame , another local YouTube network operator. AwesomenessTV''s acquisition by DreamWorks was one of the fastest and most profitable exits of a company ever in Southern California. The company had a $3.0M Series A funding back in 2012. READ MORE>>.

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Surf Air Acquires Rise, Backed By New Funding

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Financial terms of the acquisition were not announced by the companies. Surf Air said it would work over the next 90 days to transition the RISE brand and experience into Surf Air, and that it eventually plans to merge the two networks, although it did not give firm dates on that merged service. READ MORE>>.

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WaveStream Acquired By Gilat

socalTECH

San Dimas-based Wavestream , a venture backed provider of high power solid state amplifiers, has been acquired for approximately $130M by Gilat Satellite Networks Ltd. , Wavestream was venture backed by Anthem Ventures, Shea Ventures, and Triquint Semiconductor, along with Oak Investment Partners, ITU Ventures, and others. READ MORE>>.

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Intercasting Acquired By Good Technology

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San Diego-based Interacasting Corporation , a provider of mobile social networking software, has been acquired by Good Technology, the firms said this morning. Financial terms of the acquisition were not disclosed. Tags: telecom mobile acquisition merger technology good interacasting. READ MORE>>.

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Three Southern California Firms Building Blog Empires

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Here are three, Southern California blog networks which have quietly growing their network of properties: BUZZMEDIA. BUZZMEDIA has a network of music and entertainment news related blogs, including Buzznet, Celebuzz, Absolute Punk, GoFugYourself, JustJared, Stereogum, TheSuperficial, WWTDD, SocialiteLife, and Idolator.

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Buzznet Puts Focus On Celebrities

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Los Angeles-based Buzznet , the venture-backed operator of a network of entertainment-focused social media sites, is making the rounds with a new feature on its Celebuzz celebrity web site this week. The firm rolled out a "zoom" feature that allows users on the site to magnify celebrity photos on the site.

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