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Leaf Group Acquires Deny Designs

socalTECH

Santa Monica-based Leaf Group , which is led by Sean Moriarty, said on Thursday that it has acquired home decor brand Deny Designs. for Deny Designs, split between $6.7M Deny Designs was based in Denver, Colorado. Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. But if you ask anyone in the ecosystem of customer acquisition?—?founders, and you’ll hear the same thing: customer acquisition (CAC) is getting harder and more expensive.

Product 424
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Snap Quietly Buys 3D Game Engine Startup

socalTECH

Venice, California-based Snap , the parent firm of Snapchat , has quietly acquired a 3D gaming engine developer based in the UK, according to a report. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May. No details on the acquisition have been announced by either of the companies.

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Report: Keysight Technologies Planning Offer On Ixia

socalTECH

Terms of the potential bid were not announced, and the report says that Keysight Technologies is not the only bidder on Ixia. Ixia's testing hardware and software is used by network equipment manufacturers, network operators, and others for testing, design, network deployment, and other similar uses. READ MORE>>.

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MSC.Software Gets Approval On Acquisition

socalTECH

The long, drawn out bidding war for Santa Ana-based MSC.Software appears to be at a close today, as MSC reported that a majority of its shares have been voted to adopt the firm's latest merger offer from Maximus Holdings Inc. That bidding war boosted the firm's initial acquisition price from $7.63 and Maximus Inc., worth $8.40

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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

To put that into context; Affirm’s financial report in May projected it would process $8.04 While the company was profitable for its first 14 years of life, it has not been profitable the last two, according to Siemiatkowski, and that’s been by design. In the first quarter, Klarna notched $18.1 billion in volume compared to $9.9

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Google Wants to Disrupt Home Automation with $3.2 Billion Nest Acquisition

Tech Zulu Event

With over $100 million from its investors including Kleiner Perkins, Google Ventures, Shasta Ventures, and Lightspeed Venture Partners, among others, Nest is reported to have been on the verge of another $150 million raise in a Series D round and would have eventually gone public. Nest is not Google’s first hardware acquisition.

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