socalTECH

APRIL 17, 2013

A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.

Hulu 189

Hulu Report Company Companies 189

socalTECH

APRIL 6, 2018

Netflix --which has major operations in Los Angeles--is looking to acquired Los Angeles-based Regency Outdoor Advertising , according to a report on Friday. The report, from Reuters, says that Netflix has offered around $300M for Regency Outdoor. The report cited "people familiar with the matter." READ MORE>>.

Netflix 100

Netflix Report Company Companies 100

socalTECH

NOVEMBER 3, 2017

Venice-based Snap , the parent company of Snapchat , has reportedly acquired programmatic advertising startup Metamarkets , according to unconfirmed reports. Those reports place the transaction value of the buy at less than $100M. Neither Snap nor Metamarkets have yet announced any acquisition. READ MORE>>.

Report 113

Report Snapchat Venice Advertising 113

socalTECH

OCTOBER 12, 2020

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. Reuters cited "people familiar with the matter" for the report. READ MORE>>.

Report 113

Report Acquisition Los Angeles Sales 113

socalTECH

AUGUST 12, 2020

Venice, California-based Snap , the parent company of Snapchat , has reportedly been in talks with New York-based Dubsmash on an acquisition, according to The Information, which says that Facebook also has been talking with the TikTok competitor. The Information cited "a person familiar with the matter". READ MORE>>.

Report 113

Report Snapchat Venice Acquisition 113

socalTECH

JUNE 6, 2019

According to an unconfirmed report on Wednesday, Santa Monica-based on-demand scooter rental startup Bird is in the midst of talks to acquire another, on-demand scooter company, Scoot. According to the report, Scoot was last valued at around $71M, and had raised $47M in total funding. READ MORE>>.

Report 113

Report Santa Monica Demand Competition 113

socalTECH

MARCH 27, 2014

A number of Southern California angel investors, and one of its venture firms, have scored an exit over at social media influence measurement startup Klout , as the San Francsco company said Thursday that it is being acquired by Lithium Technologies. klout litihium technologies merger acquisition influence social media paigecraig lindzon'

Southern California 182

Southern California Acquisition SoCal Social Media 182

socalTECH

JULY 19, 2016

Venice-based Snapchat has confirmed its acquisition of Bitmoji, the developer of software which lets people create their own, personalized "emoji", which they can insert into Snapchat. The company--which announced the deal via a comic strip on Tuesday--said Bitmoji's team has joined Snapchat as part of the deal.

Snapchat 100

Snapchat Acquisition Venice Report 100

TechCrunch LA

MARCH 6, 2020

Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based based company, San Vicente Acquisition Partners. Last year, it was reported that while under Chinese ownership, Grindr allowed engineers in Beijing access to the personal data of millions of U.S.

Los Angeles 321

Los Angeles Software Review Acquisition Report 321

socalTECH

FEBRUARY 27, 2018

Santa Monica-based Ring is being acquired by e-commerce giant Amazon , according to a yet-unconfirmed report on Tuesday afternoon. Details of the acquisition, and confirmation of any acquisition, were not yet announced.

Report 113

Report Santa Monica Commerce Acquisition 113

socalTECH

AUGUST 22, 2013

That acquisition by JustFab of fellow fashion startup ShoeDazzle yesterday? The acquisition valued ShoeDazzle at only around $30M, a huge drop in the company''s value, compared with a $240M valuation back in 2011, according to Dow Jones. justfab shoedazzle merger acquisition fashion ecommerce subscription' funding round.

Acquisition 164

Acquisition Los Angeles Report Startup 164

socalTECH

FEBRUARY 9, 2021

Costa Mesa-based MeridianLink, a developer of loan origination, digital lending, and digital banking software, is in the midst of an IPO effort, according to a report. The report, from Reuters, said that MeridianLink is looking to go public via a SPAC, rather than a traditional IPO filing.

Report 113

Report Equity Software Invest 113

socalTECH

DECEMBER 28, 2016

the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. The acquisition was first reported by a local Israeli financial daily. Venice-based Snap, Inc. , The deal is reportedly worth between $30M and $40M. Cimaging Media develops augmented reality technology. Cimagine was founded in 2012.

Snapchat 113

Snapchat Media Report Venice 113

socalTECH

OCTOBER 26, 2016

Los Angeles-based MarketCast , a market research company providing research services to the global entertainment industry, has been acquired by Kohlberg & Company , according to reports. Financial terms of the acquisition were not disclosed.

Company 100

Company Companies Equity Research 100

Startup Professionals Musings

AUGUST 24, 2022

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Mr. Everhart distills his leadership insights from many decades in one of the largest business-to-business marketing agencies, working with companies across the country.

Customer 100

Customer Custom Acquisition Technical Review 100

socalTECH

NOVEMBER 20, 2012

A report this morning from AllThingsD says that Yahoo is on the prowl for companies, and has been looking at Maker Studios. The report comes after reports that Yahoo is considering an acquisition of TVGuide from Lionsgate, in a deal worth $20M.

Yahoo 204

Yahoo Report Acquisition Los Angeles 204

socalTECH

FEBRUARY 27, 2018

Santa Monica-based Ring is being acquired by e-commerce giant Amazon , according to yet-unconfirmed reports. Details of the acquisition, and confirmation of any acquisition, were not yet announced. The deal is reportedly worth around $1 billion. READ MORE>>.

Report 100

Report Santa Monica Commerce Acquisition 100

socalTECH

NOVEMBER 13, 2014

Los Angeles-based comedy website Funny or Die --started by Will Ferrell--is looking for a buyer, according to reports this week from Bloomberg. to help sell the company, according to the report, saying that the website is seeking $100 million to $300 million in the sale of the company. READ MORE>>.

Report 138

Report Hollywood Acquisition Content 138

socalTECH

NOVEMBER 7, 2016

The record-breaking, $2 billion acquisition of Irvine-based Vizio , which was announced in June , might be in doubt, according to a report today from Bloomberg. Bloomberg reports that the chairman of LeEco, Jia Yueting, said the company is "running out of cash" due to its pace of expansion. READ MORE>>.

Report 138

Report Acquisition Company Companies 138

socalTECH

FEBRUARY 22, 2017

Full details of the acquisition and buyer were not officially announced, however, MakieLab said that it has been acquired by a "a fantastic US media behemoth". MakieLab , the custom, 3D printed doll startup which had been part of Disney's second Disney Startup Accelerator program, has been acquired, reportedly by Disney itself.

Report 113

Report Burbank Customer Custom 113

Tech.Co

FEBRUARY 8, 2019

It’s the biggest podcast industry acquisition ever, and Spotify isn’t done. The company has stated that it plans to spend a total of $500 million on podcasting investments, meaning it still has a few hundred million to burn. That’s because the acquisitions make Spotify a publisher, as well as platform.

Acquisition 124

Acquisition Media News Platform 124

socalTECH

APRIL 8, 2015

Aliso Viiejo-based Microsemi reported this morning that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, for the company''s acquisition of Camarillo-based Vitesse Semiconductor. The regulatory hurdle means that U.S. per share, for Vitesse. per share, for Vitesse. READ MORE>>.

Acquisition 100

Acquisition Report Networking Marketing 100

socalTECH

AUGUST 23, 2017

Match Group , the parent company of dating app developer Tinder , reportedly was spurned by dating app developer Bumble , according to multiple reports on Wednesday morning. According to those reports, Bumble turned down a $450M acquisition offer from Match Group in the last two months.

Report 113

Report Acquisition Sites Develop 113

socalTECH

NOVEMBER 13, 2013

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

Snapchat 210

Snapchat Report Southern California Journal 210

socalTECH

OCTOBER 21, 2020

Los Angeles-based Quibi is shutting down and has hired a restructuring firm to help it wind down the company, with co-founder Jeffrey Katzenberg confirming to investors on Wednesday that the company will shut down, according to a report from the WSJ. Quibi has raised more than $1.75

Report 100

Report Content Los Angeles Mobile 100

socalTECH

APRIL 4, 2017

A report on Tuesday says that Chinese electronics giant LeEco is delaying its payroll for U.S. employees, as it faces a cash crunch at the company.

Report 113

Report Acquisition Company Companies 113

Both Sides of the Table

AUGUST 11, 2021

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. For these companies, it looks like a rosy picture. But if you ask anyone in the ecosystem of customer acquisition?—?founders, no surprise?—?that’s

Product 424

Product Platform Advertising Acquisition 424

socalTECH

MAY 17, 2013

The latest company considering a bid for Los Angeles-based video streaming site Hulu is El Segundo-based DirecTV , according to reports Friday afternoon. A report from Reuters says DirecTV is just one of a number of companies considering a bid for Hulu. The report cited a "source familiar with the situation."

Hulu 159

Hulu El Segundo Report Content 159

socalTECH

MARCH 27, 2019

The current, Chinese owners of gay and bisexual dating app developer Grindr is being pushed to divest the company, on concerns over national security, according to a report from Reuters. Grindr is owned by Beijing Kunlun Tech Co Ltd., which acquired Grindr in 2016.

Company 124

Company Companies Report Los Angeles 124

socalTECH

APRIL 3, 2017

A new report, issued by Silicon Valley Bank over the last week, has found that Southern California startups are far more focused on being acquired than on IPOs, and also on making profits, compared with most startups. The full report is posted online. READ MORE>>.

Southern California 100

Southern California Report Startup SoCal 100

socalTECH

MARCH 17, 2015

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. software cybersecurity security raytheon acquisition merger websense' READ MORE>>.

San Diego 100

San Diego Acquisition Equity Report 100

socalTECH

DECEMBER 17, 2014

Los Angeles- and New York-based video advertising company TrueX has been acquired by 21st Century Fox , according to a report from the WSJ this morning. The deal is reported to be worth $200M. truex socialvibe merger acquisition 21stcenturyfox advertising video interactive' READ MORE>>.

Report 138

Report Media Redpoint Advertising 138

socalTECH

AUGUST 1, 2014

Ian Rogers , the CEO of Beats Music , is set to head up iTUnes Radio , according to a report from the WSJ Friday afternoon. The WSJ, citing "people familiar with the matter" said that Rogers will run both Beats Music and iTunes Radio, now that the acquisition is complete. beats music apple merger acquisition rogers' READ MORE>>.

Report 168

Report Yahoo Acquisition Los Angeles 168

socalTECH

APRIL 26, 2021

Venice, California-based Snap, the parent company of Snapchat, has acquired 3D image acquisition company Pixel8earth. Pixel8earth develops a crowdsourced, 3D imagery acquisition service, which allows people to help build out a an open, 3D map of the world--mapping into 3D space. The deal was reportedly worth $7.6M.

Snapchat 113

Snapchat Venice Acquisition Report 113

socalTECH

MAY 28, 2019

A report today, from Reuters, says that the Chinese owner of Los Angeles-based gay dating app developer Grind , gave access to its Beijing-based engineers to the data of millions of Americans, despite U.S. orders to keep that data private.

Report 138

Report Los Angeles Angel Develop 138

socalTECH

NOVEMBER 16, 2020

Santa Monica-based on-demand, last mile transportation company Bird is considering going public via a Special Purpose Acquisiton Company (SPAC), according to a report from Bloomberg. It's unclear how far along the SPAC might be, however, Bloomberg said the discussions "are in an early stage".

Report 124

Report Santa Monica Los Angeles Demand 124

socalTECH

NOVEMBER 9, 2020

Los Angeles-based podcasting network Wondery appears to be attempting to sell itself for between $300M to $400M, according to multiple reports. It's unclear how far along those talks are--Bloomberg said its sources said "negotiations are ongoing" with companies such as Apple and Sony.

Report 113

Report News Los Angeles Networking 113