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Ixia Acquires Net Optics

socalTECH

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. ixia optics merger acquisition network testing equipment software' READ MORE>>.

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Media Temple Parent GoDaddy Files For IPO

socalTECH

The company reported a net loss of $131M for 2013, on revenues of $1.13 godaddy mediatemple merger acquisition exit hosting premium' 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>>.

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Demand Media Gets Second $100M+ Quarter

socalTECH

The company also reported net income of $0.7M for its quarter, which ended March 31, 2013. The company said the growth in revenues came from "strong growth" on its owned & operated content and media properties, plus its acquisition of Creativebug, the arts and crafts instruction site.

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ACTIVE Network Seeks Buyer

socalTECH

The company said it has received interest from outside parties in both investment in ACTIVE Network to acquisition of the company. Active Network reported a net loss of $2.7M for the three months ended June 30, 2013. activity registration ports results quarterly acquisition merger network active' on revenues of $132.3M

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

socalTECH

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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LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

Xconomy

LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. In 2013, when Sequenom reported a $107.4 million net loss, the company laid off 13 percent of its workforce as part of a series of cost-cutting measures. LabCorp reported $8.5

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Why The Media Has Been Wrong About YouTube Networks

Both Sides of the Table

For much of 2013 I watched the press write articles about how the YouTube “MCNs” (multi-channel networks) were doomed and tried to square that with the data I was watching at the one I invested in, Maker Studios, who has had one hell of a year. Selling at smaller retailers will net you fewer customers and higher margins.