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Santa Barbara Gets Another $100M Plus Exit, At Aurrion

socalTECH

Add another, high dollar exit for a young startup in Santa Barbara, adding to the region's growing list of successful technology exits: Aurrion. Aurrion is a spinout of UC Santa Barbara, and develops technology being used to make high speed optical networking in a more cost effective manner. READ MORE>>.

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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. Financial terms of the acquisition were not announced. Allocation Network GmbH was based in Munich, Germany.

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QAD In $2 Billion Private Equity Acquisition

socalTECH

Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. The company said that current CEO Anton Chilton will continue to lead the company, whcih will continue to maintain its headquarters in Santa Barbara.

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IPO Slowdown? Not For This Market: Santa Barbara

socalTECH

Amid hand wringing about an IPO slowdown in 2015, there's one shining region which had a banner IPO and acquisition year last year: Santa Barbara. billion for that company, acquisition at Dun & Bradstreet Credibility Corp. billion for that company, acquisition at Dun & Bradstreet Credibility Corp.

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QAD Becomes Privately Held After Thoma Bravo Acquisition

socalTECH

Santa Barbara-based manufacturing and supply chain software maker QAD is now officially a private company again, after an acquisition by private equity investor Thoma Bravo. According to Thoma Bravo, the deal was worth approximately $2 billion in cash. The go-private deal was originally announced on June 28th.

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Citrix Sale Effort To Impact Santa Barbara's Citrix Online

socalTECH

An effort by Citrix Systems to sell itself to a buyer has a possibility of some major impact on Southern California, particularly at Santa Barbara-based Citrix Online. GoToMeeting, GoToAssist, GoToMyPC, and other related products are all run out of the Santa Barbara, Citrix Online business. READ MORE>>.

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Success, Santa Barbara Style: Patagonian Sexwax With A Side Order of UGGS

InfoChachkie

Six outstanding entrepreneurs have created this sweet flavor of success in one of the most beautiful places on earth – Santa Barbara, California. Santa Barbara has become a high-tech startup mecca, rivaling cities many times its size. From Lynda.com ’s recent $1.5 Share and Enjoy.