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Devise Interactive Acquired By Vincit

socalTECH

Irvine-based Devise Interactive , an interactive agency providing web design and other services, said today that it has been acquired by Vincit , a publicly traded company based in Finland. Vincit provides UI/UX and software development services. Financial terms of the acquisition were not announced.

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Los Angeles Web Developer

SoCal CTO

Just the kind of person I like to meet. :) But I was a bit surprised when he emphasized how hard it had been for them to find a web developer in Los Angeles. My flippant comment was, “If you do a Google search for Los Angeles web developer, you’ll find a LOT of people and firms.” And he’s right there’s a big difference.

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fusionZONE Automotive Buys MotorWebs

socalTECH

Pacific Palisades-based fusionZONE Automotive , a developer of website software for automotive dealers, said Wednesday that it acquired MotorWebs , a web design company that specializes in creation and management of car dealership websites. Financial details of the acquisition were not announced.

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Another personal story: Timing is everything in a sale.

Berkonomics

Almost anyone who has sold a company has a story to tell about their good deal, the problems with the buyer, a last-minute change of terms, or more. I’ve been offered $15 million for my company and my partner is suing me for all I am worth. How the industry was growing around the company. The year was 1998. What can I do?”.

Sales 120
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CrownPeak Raises $1.75M in Series C

socalTECH

Los Angeles-based CrownPeak , a developer of web content management systems (CMS), has raised $1.75M in a Series C funding round, according to a regulatory filing by the firm today. CrownPeak, which is headed by Jim Howard, develops software used by companies to easily modify and maintain web sites, without requiring web designers.

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Lynda.com Expands In Southeast Asia

socalTECH

Lynda.com , the online video education site which offers up a large library of video tutorials in computer software, business skills, design, and other areas, is in a big expansion today, saying that it has started offering up its products in Southeast Asia. READ MORE>>.

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Lynda.com Snags New Enterprise GM From Salesforce.com

socalTECH

Carpinteria-based lynda.com , the online learning and education company backed by Accel Partners, Spectrum Equity, TPG Capital and Meritech Capital Partners, has bolstered its executive staff in the enterprise area, saying this morning that it has named Erik Nierenberg as General Manager of its Enterprise business. READ MORE>>.