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Ixia Acquires Net Optics

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Calabasas-based network testing equipment and software developer Ixia announced Tuesday that it is acquiring Net Optics , a developer of network and application analysis products. Ixia said it will pay $190M in cash for Net Optics.

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TechZulu Top 2013 SXSW Panel Picks & More

Tech Zulu Event

New and old interactive companies alike have been wrangling their online communities for panelpicker votes since mid-August when voting commenced for a coveted shot to win a chance to present their vision to a guaranteed crowd of A-List digital and tech influencers that will gather together in Austin, TX the week of March 8, 2013.

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Media Temple Parent GoDaddy Files For IPO

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The company reported a net loss of $131M for 2013, on revenues of $1.13 Morgan, Citigroup, Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR Capital Markets, and Stifel. Scottsdale, Arizona-based GoDaddy has not yet selected an exchange. READ MORE>>. godaddy mediatemple merger acquisition exit hosting premium'

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Snap's Big Winners: Spiegel, Murphy, Lasky, Benchmark, Lightspeed

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Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 Lasky joined Snapchat's board in 2013. Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. on Wednesday afternoon? billion in stock. READ MORE>>.

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Mindspeed Slashes Outlook

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Newport Beach-based semiconductor maker Mindspeed Technologies announced this morning that it has revised its second quarter 2013 outlook. The publicly held firm said it now expects total net product revenue to be approximately $35.1 to $35.5M, down from an earlier estimate of $38.4M.

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ACTIVE Network Loses CEO, Chairman

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At the same time, the company said it had "positive" 2013 first quarter results, releasing preliminary results of $106M in first quarter total net revnue, up 12%, with a net loss of $15.2M. Active Network is a provider of online sports registration and other related services. READ MORE>>.

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Activision Blizzard Sees Higher Than Expected Sales In Q1

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The company reported net revenues of $1.111 billion, compared with an earlier expectation of only $885M in sales. Despite the better than expected results, the sales were still down from the first quarter of 2013, when the company reported $1.32 billion in sales. READ MORE>>.