Raytheon Moves Headquarters From El Segundo
MAY 3, 2013
In what is not a surprise for Southern California''s shift away from the industry, defense contractor Raytheon said Thursday that it is shutting down its business headquarters locations in El Segundo, and moving its Space and Airborne Systems (SAS) business headquarters to McKinney, Texas. READ MORE>>.
ConsumerTrack Expands In El Segundo, Ramps Hiring
JANUARY 12, 2017
Los Angeles-based ConsumerTrack , the operator of GoBankingRates.com and other personal finance content and lead generation sites, said today that it is expanding its headquarters in El Segundo. ConsumerTrack says its customer include such companies Fidelity, Transunion, Chase Bank, and many other financial institutions. READ MORE>>.
Kite Pharma Opens New Facility In El Segundo
JUNE 21, 2016
Santa Monica-based biopharmaceuticals developer Kite Pharma has opened up a new, 43,500 square foot manufacturing facility in El Segundo, the company said today, to manufacture its cancer immunotherapy products. READ MORE>>.
International Rectifier To Close El Segundo Plant
AUGUST 22, 2012
El Segundo-based International Rectifier , a developer of analog and power ICs, said Wednesday that it is shutting its El Segundo, California fabrication facility, and laying off staff. The firm said the closure in El Segundo will save it approximately $10M a year when complete. READ MORE>>.
International Rectifier To Shut El Segundo Plant In March
NOVEMBER 2, 2012
El Segundo-based International Rectifier , a manufacturer of analog, digital, and mixed signal ICs, said it expects to close its El Segundo based fabrication facility by the end of March, 2013. International Rectifier had announced the move in August. IR is also downsizing its Newport, Wales fabrication facility.
Wpromote Buys Standing Dog For Digital Marketing Efforts
JULY 26, 2016
El Segundo-based digital marketing company Wpromote said on Tuesday that it has acquired online marketing agency Standing Dog , which provides search engine marketing, SEO, social media and paid media services. Financial terms of the acquisition were not disclosed. Standing Dog was founded in 2005, and was based in Texas. READ MORE>>.
AKMG Acquired By Canadian Firm
APRIL 8, 2011
El Segundo-based AKMG , a performance-based online advertising agency, has been acquired by Victoria, BC-based Neverblue. READ MORE>>.
Amazon.com Challenges SoCal's Automotive Sites With Amazon Vehicles
AUGUST 25, 2016
E-commerce giant Amazon has made a move into the automotive research area this morning, challenging such local automotive information providers like Santa Monica-based Edmunds.com , Irvine-based Autobytel , Santa Monica-based TrueCar , Irvine-based Kelley Blue Book , plus El Segundo-based CarDirect. READ MORE>>.
iRise Launches Loyalty Program
APRIL 17, 2013
The company said that users can qualify for the program by completing a two-day certification course, available both online and in-person. READ MORE>>.
NanoH2O Raises $14.8M
DECEMBER 15, 2011
fundraising effort, according to a regulatory filing from the firm. No details of the funding have been announced by the company yet. READ MORE>>.
Sixty-four Southern California Firms On Technology Fast 500
NOVEMBER 16, 2012
189% El Segundo Nick Hedges 397 Illumina, Inc. Flatley 412 NEOGOV 177% El Segundo Damir Davidovic 413 Maxwell Technologies, Inc.
Vantage Media Backers Disclosed For BrokersWeb Deal
NOVEMBER 3, 2011
Vantage Media had announced the deal in September, without any financing details. BIA said that Patriot Capital II, L.P., READ MORE>>.
Fuhu Files For Bankruptcy
DECEMBER 7, 2015
El Segundo-based children's tablet maker Fuhu has filed for Chapter 11 bankruptcy, in surprising news from what had been one of LA's fastest growing technology companies. The filing was made in the U.s. Bankruptcy Court in the District of Delaware. READ MORE>>. fuhu bankruptcy chapter11 chapter merger acquisition mattel
Vantage Media Launches Into Educational Marketplace
MARCH 21, 2012
Vantage Media said its new marketplace helps schools to reach prospective students, segmented by geography and area of study interest. READ MORE>>.
Zadspace Raises $3.2M
MARCH 25, 2011
El Segundo-based Zadspace , the developer of on-package advertising products, announced this week that it has raised $3.2M in a funding round.
AWR Expands In China
APRIL 11, 2011
The firm said the office, its third in Asia, will provide direct sales and support. AWR already has offices in Tokyo and Seoul. READ MORE>>.
TVC Gets Big Exit In Accordent
MARCH 23, 2011
The sale this morning of El Segundo-based Accordent Technologies was a big win for San Diego investment firm TVC Capital. TVC was the sold institutional investor in Accordent, which sold to Polycom for $50M. TVC invested $4M in Accordent in 2006--the only investment round the firm raised over its lifetime. READ MORE>>.
International Rectifier Completes CHiL Semiconductor Acquisition
MARCH 7, 2011
El Segundo-based International Rectifier said Monday afternoon that it has completed its acquisition of CHiL Semiconductor Corporation. The deal had been announced February 25th, and was worth $75M in cash. READ MORE>>. management power acquisition merger semiconductor chil rectifier international
Southern California Startups Raise $761.12M in Q2 2014
JULY 17, 2014
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. True Ventures and Redpoint Ventures both had 3 investments each.
Mattel Buys Nabi Maker Fuhu, Sproutling
FEBRUARY 1, 2016
Financial terms of the two acquisition were not announced. An earlier report said Mattel was paying only around $9.5M for Fuhu. READ MORE>>.
AdEngage Acquired By Technorati
OCTOBER 15, 2008
El Segundo-based AdEngage, an online advertising network, has been acquired by blog and Internet search site Technorati, Technorati said today. Financial terms of the deal were not disclosed. According to Technorati, it has acquired AdEngage to launch a new self-service advertising network for blogs and social media sites. READ MORE
iRise Adds iPad, Android Emulation To Prototyping Software
APRIL 18, 2012
El Segundo-based iRise , which develops enterprise prototyping software, used to help business users mock up visual software prototypes of applications, said Wednesday that it has added new support for iPads and Android phones. READ MORE>>. irise android ipad emulation software prototype mockup mobile
Accordent Acquired By Polycom
MARCH 23, 2011
El Segundo-based Accordent Technologies , which develops presentation and webcasting management software for the enterprise, has been acquired by Polycom , Polycom said today. The deal was worth $50M in cash. Polycom said it will use the acquisition to enhance its offerings. Accordent's 50 employees will remain in Southern California.
Mattel Partners With Stardoll
FEBRUARY 8, 2011
El Segundo-based toy maker Mattel has inked a licensing agreement with online fashion game maker Stardoll , Stardoll announced today.
Fuhu Tops Deloitte Fast 500 List
NOVEMBER 13, 2014
El Segundo-based Fuhu , the manufacturer of the popular children''s Nabi tablet PC, ranked number 2 nationally in the annual Deloitte Fast 500 list, one of fifty four companies--or over 10 percent--from Southern California. The list ranks companies by five year revenue growth. READ MORE>>.
Mattel Partners with Alibaba to Develop Toys for China
L.A. Business Journal
FEBRUARY 14, 2017
of El Segundo has partnered with Alibaba Group of Hangzhou, China to market and develop products for Chinese consumers Toy maker Mattel Inc.
Southern California Companies Have Healthy Showing In Deloitte Fast 500
NOVEMBER 13, 2013
Of those 500, there were at least 60 Southern California companies in the rankings. READ MORE>>.
iChange Acquired By Herbalife
APRIL 22, 2011
El Segundo-based iChange , the operator of an online community focused on lifestyle changes, weight loss, and nutrition, has been acquired by Herbalife , according to investor Momentum Venture Management. Financial terms of the deal were not disclosed. READ MORE>>.
Interview With Mike Mothner, Wpromote On Growth, Acquisitions
AUGUST 8, 2016
Last week El Segundo-based Wpromote acquired fellow marketing agency Standing Dog, in a deal which brings the company to 260 employees, and continues to grow the company. We are headquartered in El Segundo, where we have a beautiful campus, and now have those 70 people in Dallas, another ten in Chicago, and a handful in San Francisco.
International Rectifier Buys CHiL Semiconductor
FEBRUARY 25, 2011
El Segundo-based International Rectifier said Friday that it has acquired CHiL Semiconductor Corporation , a supplier of digital power management products, in a deal worth $75M in cash. IR said the buy will expand its technology position in the digital power market. READ MORE>>.
JustFab Embraces All Body Shapes, Sizes With New Collection
AUGUST 31, 2016
El Segundo-based fashion and e-commerce brand JustFab said this morning that it has made a major expansion of its collection, to provide fashions for every body type and extended sizes. READ MORE>>. justfab fashion women sizes body type ecommerce brand clothing
iRise Takes On Government Market
JULY 26, 2012
Pricing on the new software was not announced by the company. READ MORE>>. irise government application prototype visualization visual
Fetch Technologies Sold To Connotate
MARCH 6, 2012
El Segundo-based Fetch Technologies , the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. According to Connotate, former Fetch CEO Ryan Mullholland becomes President of the firm with the acquisition. READ MORE>>.
AWR Acquired By National Instruments
MAY 23, 2011
The deal was worth $58M, including $7M in cash on AWR's balance sheet, plus unspecified earnout. READ MORE>>.
How Kaleo Is Tackling Enterprise Knowledge Sharing
JUNE 30, 2016
Phil Hui-Bon-Hoa , the CEO of El Segundo-based Kaleo (www.kaleo.com), is a serial entrepreneur who has previously built and sold four companies, including one acquired by IFILM, and another by Sun Microsystems. The first I sold was across the street, in El Segundo, and sold for $42M. What is Kaleo? Thanks, and good luck!
JumpStartFund Takes On Crowdfunding, Advice For Research Startups
AUGUST 22, 2013
JumpStartFund , which is based in El Segundo, opened up its service this morning to help use the wisdom of the crowd to move ideas, patents, and research from individuals, federal research labs, universities, and research organizations to the market. The site combines the crowd-voting aspect with crowd-funding elements, as well.
Announcing The Socaltech 50: Southern California's Up-and-Comers
NOVEMBER 19, 2013
Adam Goldenberg , Intelligent Beauty/JustFab (El Segundo, fashion). Sophia Amoruso , NastyGal (LA, Downtown, fashion).
iRise Dangles $20K To Developers
JUNE 3, 2011
El Segundo-based iRise , the developer of enterprise application visualization software, said Thursday that it is launching a $20,000 Developer Contest. iRise said the contest will award $20,000 to developers who create custom widgets for the iRise software modeling environment. The deadline for the contest is July 31st. READ MORE>>.
iRise Rolls Out Free iOS App Prototyping Product
MAY 8, 2012
El Segundo-based iRise , the developer of enterprise visual prototyping tools, looks to be looking to broaden the use of its products, saying today that it has released a free version of its tool to allow users to prototype iPad and iPhone applications. READ MORE>>. simulation prototoype application iphone ipad irise
International Rectifier's Founder, Eric Lidow Passes Away
JANUARY 21, 2013
El Segundo-based International Rectifier , the developer of analog and mixed signal semiconductors, reports that its founder and former Chairman and CEO, Eric Lidow, has passed away. The firm said Lidow passed away on January 18th. Lidow and his father, Leon Lidow, founded International Rectifier in 1947. READ MORE>>.