socalTECH
JUNE 8, 2015
If all goes well, San Luis Obispo-based Mindbody will be Southern California's newest IPO on June 19th, according to documents being circulated to potential investors in the startup's IPO. According to those investor materials, Mindbody is expected to price on Thursday, June 18th, and would debut if all goes well on the market as MB on Friday, June 19th.
Startup Professionals Musings
JUNE 8, 2015
Relationships are the key to survival and success for entrepreneurs, and first impressions usually turn into lasting impressions. As an advisor to many early-stage entrepreneurs, I caution them to always be prepared for that chance meeting with a famous investor, a potential partner or an industry guru. It’s not smart to believe that your passion and gift of gab will impress anyone.
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socalTECH
JUNE 8, 2015
Los Angeles-based XPRIZE has launched a new, multi-million dollar prize aimed at improving adult literacy, the company said this morning. The foundation said the new Adult Literacy XPRIZE challenges mobile app developers to create a mobile app, to help bring illiterate and low-literacy adults to basic literacy within 12 months. The prize, being funded by the Barbara Bush Foundation for Family Literacy and the Dollar General Literacy Foundation, is aimed at helping an estimated 36 million adults
socalTECH
JUNE 8, 2015
San Luis Obispo-based Mindbody , which provides software-as-a-service that helps spas, yoga, and other health and wellness businesses to manage their appointments and clients, has set its IPO trading range, indicating a move closer to an IPO. Mindbody said in a filing this morning that it now expects its IPO to debut at between $13.00 and $15.00 per share.
Advertiser: Aggregage
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
socalTECH
JUNE 8, 2015
Santa Monica-based TaskUs , the startup led by Bryce Maddock which is the secret weapon behind the rising tide of on-demand and Internet startups, has raised $15M in a funding round, the company disclosed today. The funding came from Phillipnes-based private equity investor Navegar. The startup outsources all kinds of of the back office tasks required by high tech companies like Savings.com, Expensify, Groupon, Uber, Tinder, and many others.
socalTECH
JUNE 8, 2015
Irvine-based Broadcom said today that it has licensed a new, near-field contact payment technology called MIFARE , which it says is used for contactless ticketing, transportation, and access applications. Broadcom said the licensing deal expands its NFC offerings, specifically in those areas.inancial details of the licensing deal were not announced.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
JUNE 8, 2015
Calabasas-based On Assignment , whih provides temporary professional staffing services, said Friday that it has acquired Creative Circle , in a deal worth up to $600M. On Assignment said it would pay $570M upfront for Creative Circle, and up to $30M in earnout based on operating performance during 2015. $540M of the initial acquisition price was cash, with the remainder in equity.
socalTECH
JUNE 8, 2015
Thousand Oaks-based Teledyne said Friday that it has acquired Belgiumm-based portable X-ray generator company Industrial Control Machines SA. Financial terms of the deal were not disclosed. Teledyne said that ICM is based in Liege, Belgium, and supplies portable X-ray generators used for non-destructive testing and on-site security screening. Teledyne said the business is complimentary to its existing CMOS based X-ray detectors.
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