socalTECH

DECEMBER 3, 2020

San Diego-based TuSimple , which is developing camera and vision systems for use in self driving trucks, has reportedly raised $350M. VectoIQ is a public acquisition company (SPAC), which acquired self driving truck maker Nikola back in March in a reverse acquisition, where VectoIQ changed its stock symbol to NKLA.

San Diego 113

San Diego Acquisition Report Funding 113

socalTECH

JUNE 27, 2013

San Diego-based DriveCam is driving towards an IPO, and has hired a trio of investment banks to manage its IPO pricess, according to Reuters. Reuters reports that Morgan Stanley, Baclays PLC, and Credit Suisse AG have been hired to manage the company''s IPO, citing three sources familiar with the move. READ MORE>>.

Report 147

Report San Diego News Invest 147

socalTECH

JANUARY 12, 2011

San Diego-based BakBone Software , a developer of backup software, reported today that the firm has received both shareholder and court approval for its acquisition by Quest Software. Bakbone said 88 percent of the votes cast by shareholders were in favor of the acquisition. READ MORE>>.

Acquisition 124

Acquisition San Diego Software Report 124

socalTECH

JANUARY 9, 2017

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M in funding from Trinity Ventures back in March of 2015.

Artificial Inteligence 100

Artificial Inteligence Report San Diego Software 100

socalTECH

JULY 31, 2012

GoPro , the maker of the popular, wearable, waterproof, sports action cameras for consumers, is planning an IPO, says a report Tuesday afternoon from Reuters. The report-- citing sources near to the company --said that GoPro has hired JPMorgan Chase, Citigroup, and Barclays Plc to manage the offering.

Steamboat Ventures 164

Steamboat Ventures Report San Diego Southern California 164

socalTECH

SEPTEMBER 30, 2016

San Diego-based Qualcomm is in talks to acquire fellow semiconductor developer NXP Semiconductor , in a deal worth more than $30 billion, according to a report on Thursday. No details on the merger were announced by Qualcomm, however, the WSJ said a deal could be expected in the next two or three months.

Report 100

Report San Diego Develop Development 100

socalTECH

JANUARY 4, 2011

San Diego-based Qualcomm is in the midst of a $3.5 The report , citing two people with "direct knowledge of the talks" said the deal is expected to be announced as soon as Wednesday. The deal would be the largest ever acquisition for Qualcomm. READ MORE>>.

Report 150

Report San Diego Acquisition 150

socalTECH

JANUARY 25, 2017

San Diego-based Ad-Juster , a developer of automated reconciliation and reporting software for the digital ad market, was recently acquired by Chinese investor Innotech Capitals. Financial details of the acquisition were not announced. The acquisition was announced last week. READ MORE>>.

Capital 100

Capital San Diego Acquisition Report 100

socalTECH

MAY 19, 2014

The firm''s founder, Nicholas Woodman, is a graduate of UC San Diego, and came up with the idea for the company while surfing off of San Diego; the company''s investors also include Steamboat Ventures--the venture arm of Walt Disney--which looks to own something around 3 percent of the company. READ MORE>>.

Southern California 196

Southern California Steamboat Ventures SoCal San Diego 196

socalTECH

JUNE 5, 2015

San Diego-based Lumedyne Technologies , a developer of MEMs-based, inertial direction sensors, has quietly been acquired by Google , according to multiple reports. The deal reportedly happened in November, and was worth $85M. Neither Google nor Lumedyne Technologies have announced or acknowledged the deal.

Google 100

Google Report Technology San Diego 100

socalTECH

OCTOBER 27, 2010

San Diego-based Phenomix , adeveloper of diabetes drugs, has shut down, according to reports. The news of the shutdown was first reported by Xconomy. Tags: phenomix lifescience medical biopharma biopharmaceuticals merger acquisition exit shutdown employment jobs.

Report 124

Report San Diego News Acquisition 124

socalTECH

MARCH 18, 2011

San Diego-based Websense is reportedly considering a sale of the company, according to a report this week in the Wall Street Journal. The Journal reports Websense has hired investment banking firm Qatalyst Partners on the sale. According to the WSJ, the firm is looking to get around $1B for the company.

Report 145

Report Journal San Diego Sales 145

socalTECH

MARCH 21, 2019

A new report, issued this week by EY, says that the number of IPOs have dropped across both international markets and the US. The report--which examined IPOs in Q1--said that ongoing geopolitical uncertainties and trade issues continue to dampen investor enthusiasm for the public offerings.

Southern California 113

Southern California Activity SoCal San Diego 113

socalTECH

JANUARY 11, 2017

San Diego-based AnaptysBio , which is developing antibodies to treat inflammation, has named a new CFO. AnaptysBio announced this morning that it has appointed Dominic Piscitelli as its new Chief Financial Officer, to head up finance strategy and oversee accounting and SEC reporting. READ MORE>>.

San Diego 100

San Diego Acquisition Report Develop 100

socalTECH

MAY 6, 2014

Epicor Software , the supply chain management software company whose roots are in Orange County, has been put up for sale by private equity firm Apax Partners, according to reports Tuesday. Epicor still has operations through Southern California, including in Irvine, and San Diego. Apax paid $976M for Epicor back in 2011.

Equity 185

Equity Orange County Software Southern California 185

socalTECH

JUNE 19, 2012

Reports this morning say that San Diego-based ServiceNow is planning to start its IPO roadshow this week, as the firm looks to brave a post-Facebook-IPO market. According to reports , the firm expects to price its IPO as late June.

Report 145

Report Southern California San Diego Equity 145

socalTECH

SEPTEMBER 24, 2013

San Diego-based life sciences products company Sequenom reported late Monday that it has engaged Jefferies LLC as a financial advisor, to review potential "strategic alternatives" for its Genetic Analysis business segment. sequenom life sciences genetic testing analysis merger acquisition lifescience biotech' READ MORE>>.

San Diego 157

San Diego Acquisition Report Product 157

socalTECH

JANUARY 10, 2017

Los Angeles-based venture investment firm Moonshots Capital , which is led by Kelly Perdew, has seen a big exit via the acquisition of San Diego's Harvest.ai by Amazon Web Services. The deal, which has not yet been formally announced, was reportedly worth around $20M.

San Diego 100

San Diego Web Acquisition Los Angeles 100

socalTECH

AUGUST 22, 2013

San Diego-based Qualcomm has acquired Orb Networks , a developer of media streaming hardware for a range of mobile devices. Orb did not name the buyer, however, a report from GigaOm has identified Qualcomm as the buyer, and says the acquisition actually came in May. Financial details of the deal were not disclosed.

Networking 138

Networking San Diego Acquisition Media 138

socalTECH

NOVEMBER 29, 2016

San Diego-based Email Copilot , which develops visualization, monitoring, reporting, and analysis of email deliverability data, has been acquired by Return Path , a New York-based developer of email data software. Financial terms of the acquisition were not announced.

Email 100

Email Anthem San Diego Acquisition 100

socalTECH

OCTOBER 24, 2011

One of the portfolio firms of Los Angeles-based venture capital firm Rustic Canyon , Trion World Network , is reportedly prepping for an IPO, according to reports over the weekend. Rustic Canyon's investment in Trion World Network is managed by Nate Redmond; the firm also has part of its game studio in San Diego.

Rustic Canyon 140

Rustic Canyon Report San Diego Venture Capital 140

socalTECH

APRIL 10, 2013

San Diego-based Xpenser , a startup developing a cloud-based service to help prepare and submit expense reports for its users, has been acquired. Coupa Software is a provider of cloud-based, spending optimization software headquartered in San Francisco. READ MORE>>.

Software 193

Software San Diego Incubator Acquisition 193

socalTECH

FEBRUARY 11, 2010

San Diego- and Los Angeles-based video sharing site veoh Networks has filed for Chapter 7 bankruptcy, according to web site Mashable. Tags: veoh networks merger acquisition bankruptcy failure. Veoh had raised over $67.5M READ MORE>>.

Veoh 172

Veoh SoCalTech Report San Diego 172

socalTECH

DECEMBER 15, 2015

San Diego-based Cogent Road , a developer of software used by mortgage lenders for a wide range of credit report, valuation, and underwriting tools, has been acquired by Texas-based Chronos Solutions. Chronos Solutions said it will use the acquisition to bolster its suite of product for mortgage lenders. READ MORE>>.

San Diego 100

San Diego Acquisition Tool Report 100

Xconomy

AUGUST 11, 2020

San Diego-based Ligand (NASDAQ: LGND ) generates revenue from licensing deals and royalties paid by pharmaceutical companies that use technologies it develops or acquires for their own drug research. The company reported revenues of about $120.3 million in 2019.

San Diego 98

San Diego Technology Research Pricing 98

socalTECH

OCTOBER 20, 2016

San Diego-based Qualcomm is nearing a deal to buy NXP Semiconductors NV , according to Bloomberg, citing "people familiar with the process. Bloomberg said the deal is rumored to be worth between $110 to $120M in cash a share, or $34.7 Qualcomm has been rumored to be near a deal since the end of September. READ MORE>>.

San Diego 100

San Diego Report Acquisition 100

socalTECH

FEBRUARY 27, 2012

San Diego-based Entropic Communications reported this morning that it has been selected as the successful bidder to acquire the set-top-box assets of Trident Microsystems. As part of the acquisition, Entropic said it expects to make employment offers to approximately 375 Trident employees worldwide. READ MORE>>.

San Diego 150

San Diego Acquisition Report Marketing 150

socalTECH

AUGUST 10, 2016

San Diego-based Nervana Systems , a developer of artificial intelligence and "deep learning" technology, has been acquired by Intel , in a deal that is reportedly worth $350M. Nervana will continue to operate out of its headquarters in San Diego. Nervana was working on artificial intelligence software and hardware.

Artificial Inteligence 100

Artificial Inteligence San Diego Report Capital 100

socalTECH

AUGUST 2, 2013

San Diego-based sports and activity registration provider Active Network appears to be looking for a buyer, or maybe an outside investment, saying yesterday that it has created a committee to evaluate "strategic transactions". Active Network reported a net loss of $2.7M The disclosure came in Active Network''s quarterly results.

Activity 100

Activity Networking San Diego .Net 100

TechCrunch LA

MARCH 22, 2018

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

socalTECH

JULY 22, 2010

The San Diego News Network (SDNN), the local media venture run by Barbara Bry and Neil Senturia, appears to have ceased its publishing efforts, according to a note posted by the staff Wednesday. Tags: diego news network sdnn media content merger acquisition shutdown. SDNN was backed by angel investors. READ MORE>>.

Riverside 140

Riverside San Diego News Content 140

socalTECH

OCTOBER 24, 2018

San Francisco-based Cloudflare , which provides a service which helps web site and web application developers manage caching and access to their websites, protecting against cyberattacks, distributed denial of service (DDoS)--and which is backed by Qualcomm--is heading towards an IPO. Qualcomm is based in San Diego.

San Diego 113

San Diego Google Web Report 113

socalTECH

FEBRUARY 18, 2010

San Diego-based TriTech Software Systems , a developer of public safety and other software for law enforcement, fire and emergency management services agencies, said Thursday that it has entered into an agreement to acquire Ortivus North America , from Ortivus AB, including both its U.S. and Canadian subsidiaries.

Software 145

Software Technology San Diego Acquisition 145

socalTECH

SEPTEMBER 1, 2010

San Diego-based Active Network said this week that it has signed the Minneapolis Park and Recreation Board (MPRB) and Saint Paul Parks and Recreation, the two largest parks and recreation organizations in Minnesota, as a customer. The news comes as ventureWire reports that Active Network is serious about an IPO. READ MORE>>.

Activity 164

Activity Networking San Diego News 164

socalTECH

SEPTEMBER 7, 2010

San Diego-based Zogenix , a developer of needle-free, delivery systems for the treatment of acute migraines and cluster headaches, has filed for a $90M IPO. The company reported $7.5M Tags: zogenix merger acquisition lifescience migraine headache health. and Stifel Nicolaus Weisel. READ MORE>>.

San Diego 153

San Diego .Net Acquisition Report 153

Xconomy

OCTOBER 5, 2016

Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. deals (1,796 companies) during the third quarter that ended September 30, according to the inaugural “Venture Monitor” report released today.

Venture Capital 86

Venture Capital Activity Report Funding 86

socalTECH

NOVEMBER 10, 2009

A report from TechCrunch claims that San Diego-based Gizmo5 , the voice-over-IP startup founded by Michael Robertson, has been acquired by Google. The report follows an earlier rumor, also from TechCrunch, which said that Skype was buying Gizmo5. Tags: acquisition merger google gizmo5. READ MORE>>.

Google 133

Google IP San Diego Report 133