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QAD Completes Allocation Network GmbH Acquisition

socalTECH

Santa Barbara-based QAD, which develops software for the manufacturing sector, said Tuesday afternoon that it has completed its acquisition of Allocation Network GmbH. Allocation Network GmbH was based in Munich, Germany. Financial terms of the acquisition were not announced.

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The First socalTECH 50: Where Are They Now?

socalTECH

Last year, we compiled our first list of the socalTECH 50 : our attempt to pick fifty people here in Southern California''s technology industry who represent some of the best of what the region has to offer, and which we though people ought to keep an eye on. award acquisition merger exit enterepeneur socaltech50' READ MORE>>.

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Jacobs Completes Federal Network Systems Acquisition

socalTECH

Pasadena-based Jacobs Engineering Group announced yesterday that it has completed its acquisition of Federal Network Systems (FNS), the Ashburn, Virginia systems integrator in the communications, information technology, and data security market. Financial terms of the buy were not announced. READ MORE>>.

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IntelliMedia Networks Acquires GlobalMLX

socalTECH

Los Angeles-based streaming media distribution and immersive training technology provider IntelliMedia Networks has acquired Canadian company GlobalMLX , the companies said this week. Financial terms of the acquisition were not announced. IntelliMedia Networks said the acquisition will help it extend its cloud-based training platform.

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Miven Venture Partners Gets IPO Exit At A10 Networks

socalTECH

Newport Beach-based Miven Venture Partners , the private investment arm of Linksys founder Victor Tsao, has scored an exit in one of its portfolio companies, A10 Networks , after that company''s successful IPO this morning. Miven had invested in A10 Networks way back in 2006, as part of a Series B funding round for the company.

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Fisker Makes Investment In European Charging Network

socalTECH

says it will be making a $10M investment in a European electric vehicle charging network operator, Allego B.V., as part of a special purpose acquisition company (SPAC) merger between Allego and Spartan Acquisition Corp. Los Angeles-based electric vehicle maker Fisker Inc. According to Fisker, it will invest $10M in the PIPE.

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Occam Networks Acquisition Completes

socalTECH

The acquisition Santa Barbara-based Occam Networks has completed, according to buy Calix. Calix had announced the acquisition of Occam Networks in September. As part of the acquisition, Calix said that Thomas Pardun, formerly a board member at Occam Networks, joins its board, replacing Sprout Group's Robert Finzi.