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AT&T To Spin Out DIRECTV

socalTECH

AT&T and private equity investor TPG Capital said on Thursday afternoon that the two plan to spin out a new company, which will include DIRECTV, AT&T TV, and U-verse, separating those operations into a new DIRECTV. According to the companies, the enterprise value for the new company is $16.25

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BridgeCo Adds $7.5M

socalTECH

El Segundo-based BridgeCo , a developer of semiconductors for the home entertainment market, announced Friday that it has raised $7.5M Long is at private equity firm Atlantic Bridge, and will join the firm's board as Chairman. Long is at private equity firm Atlantic Bridge, and will join the firm's board as Chairman.