Ixia Completes Net Optics Acquisition

socalTECH

Calabasas-based Ixia said Thursday evening that it has completed its acquisition of Net Optics , which develops application and network visibility products. Ixia had announced the acquisition back in October. The acquisition was worth $190M in cash. ixia ixiacom optics application network visbility optical testing merger acquisition

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Cal Net Technology Group Acquires inhouseIT

socalTECH

Chatsworth-based Cal Net Technology Group , a provider of IT support services, has acquired Orange County-based b> inhouseIT , according to Cal Net Technology's investors, including Boathouse Capital and Olympic Valley Capital. Cal Net Technology Group had quietly announced the deal to its customers at the end of July. Financial terms of the acquisition were not disclosed. Cal Net Technology's CEO is James Hwang.

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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 said that net Optics had $49M in revenue in 2012, and had revenues of $42M for the first nine months of 2013. ixia optics merger acquisition network testing equipment software

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Net Data Centers Acquired By ANEXIO

socalTECH

Los Angeles-based datacenter operator Net Data Centers , which has two facilities in Los Angeles, has been acquired by another data center operator, Anexio. Financial terms of the asset acquisition deal were not announced. Net Data Centers had provided cloud and data center solutions for businesses, including many in the media and entertainment industry. data center netdatacenters datacenter anexio merger acquisition telecom colocation

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How to plan to make a successful acquisition

Berkonomics

One of my company CEO’s recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises.

AmpliPhi Biosciences Nets $9.1M From IPO

socalTECH

ampliphy biosciences merger acquisition biotech lifescience therapy bacterial infection bacteriophageSan Diego-based AmpliPhy Biosciences , a developer of therapies for treating drug-resistant bacterial infections using bacteriophage technology, said it raised $9.1M for the company in its IPO. The company trades as APHB on the NYSE Small Cap Market. The $9.1M

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A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives.

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Bluebeam Nets Local Angel Groups 20X Return

socalTECH

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. The Tech Coast Angels and the Pasadena Angels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.

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Broadcom Completes BroadLight Acquisition

socalTECH

Irvine-based Broadcom said late Thursday that it has completed its acquisition of BroadLight , the developer of networking and fiber access passive optical network (PON) processors. Broadcom said the deal was worth approximately $195M net of cash assumed.

ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million. ResMed, which brought in net income of $315.6

Demand Media Nets $77.2M From IPO

socalTECH

in net proceeds from the firm's IPO last week. demand media exit merger acquisitionSanta Monica-based Demand Media said this morning that it received approximately $77.2M The firm, which debuted on the NYSE as DMD, said it will use the new funding for investments in content, international expansion, working capital, product development, sales and marketing activities, general and administrative matters and capital expenditures.

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Cogent Sees Smooth Sailing For Acquisition

socalTECH

Pasadena-based Cogent , the developer of fingerprint and other biometrics devices, reported this morning that a Delaware court has denied a shareholder motion to block the acquisition of the firm by 3M. 3M said August 30th that it would pay $943M, or $430M net of cash, for Cogent.

Interview With Mike Mothner, Wpromote On Growth, Acquisitions

socalTECH

Mike Mothner: The business today, is we are a digital agency focused on customer acquisition and growth for businesses of all types. Mike Mothner: With the acquisition of Standing Dog, which technically closed today, that added about 75 people to bring us to 260 employees. We also have an office now in Houston as well as a result of the acquisition. It's not that we hit a plateau which we wanted to overcome with the acquisition; we've been continuing to grow organically.

Life Technologies Agrees On Acquisition Deal With Thermo Fisher Scientific

socalTECH

billion, plus the assumption of net worth around $2.2 life technologies merger acquisition thermo fisher scientific lifesciences Carlsbad-based life science equipment maker Life Technologies and Thermo Fisher Scientific said this morning that the two are in a definitive agreement, where Thermo Fisher will buy Life Technologies for $76.00 in cash per share, or approximately $13.6 billion. The deal comes after weeks of rumors of a buyout effort from multiple private equity firms.

Dot Hill Completes Cloverleaf Acquisition

socalTECH

Carlsbad-based Dot Hill Systems said today that it has completed its acquisition of Cloverleaf Communications , a developer of storage virtualization and management software. In the firm's 8-K filing describing the transaction, Dot Hill said the purchase price was reduced from earlier amounts due to negative net book value of Cloverleaf's balance sheet. Tags: hill data storage merger acquisition cloverleaf virtualization communications

Cogent In $943M Acquisition By 3M

socalTECH

per share, worth approximately $943M, or $430M net of cash acquired. Tags: cogent biometrics security merger acquisition Pasadena-based Cogent , the developer of fingerprint and other biometric readers, is being acquired by 3M , the two companies announced today. According to 3M and Cogent, 3M is acquiring Cogent for $10.50 The firms said the deal would help Cogent accelerate its growth and reach in the market.

Internet Brands 2009 Acquisition Total: $24.2M

socalTECH

in acquisitions, earnout, and holdbacks during 2009, as part of its 2009 fiscal results release. Internet Brands said it had net income of $4.3M Tags: internet brands merger acquisition consumer content publishing earnings Los Angeles-based Internet Brands revealed it spent $24.2M The firm--which just this morning said it bought seven consumer websites for its health and home verticals--also revealed that the most recent purchases announced today cost it $8.1M.

Super League Gaming Heads For IPO

socalTECH

The company--which hopes to list as SLGG on the Nasdaq Capital Company--said it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. super league gaming merger acquisition esports communitySanta Monica-based Super League Gaming , which operates its own e-sports competition site and community, is headed for the public markets, hoping to raise as much as $31.36M for the company, according to a regulatory filing by the firm.

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RA Medical Systems Files For $86.25M IPO

socalTECH

The reported a net loss of $17.765M on net revenues of $5.87M for its year ended December 31, 2017. excimer rmed laser exit lifescience dermatology cardiovascular acquisition merger systems medicalCarlsbad-based RA Medical Systems , which develops cardiovascular and dermatology catheters and excimer lasers, has filed for an IPO, saying that it is looking to raise up to $86.25M in an IPO on the New York Stock Exchange.

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ResMed Buys MatrixCare

socalTECH

MatrixCare is epxected to have pro forma net revenue of approximately $122M, and pro forma EBITDA of approximately $30M. lifescience health acquisition merger term long software healthcare matrixcare resmedSan Diego-based ResMed , a developer of software for the healthcare market, has acquired MatrixCare , a developer of long-term post-acute care software. According to ResMed, it will pay $750M for MatrixCare, which it will fund primarily through a credit facility.

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Super League Gaming Sees IPO, But Drops In Debut

socalTECH

The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. super league gaming merger acquisition esports communitySanta Monica-based Super League Gaming had its IPO on Tuesday, debuting at $11.00 in its initial trading, but falling more than 22 percent during the day to close down at $8.50 per share. The company now trades on the Nasdaq as SLGG.

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YP Holdings Acquired By Dex Media

socalTECH

Financial details of the acquisition were not announced, however, DexYP says the combined company will have pro forma net revenues of more than $2 billion in 2017. yellowpages local search directory merger acquisition media

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Alorica Completes $275M West Corporation Buy

socalTECH

Irvine-based business process outsourcing provider Alorica said Wednesday that it has completed its $275M acquisition of West Corporation. Alorica said the acquisition makes it the largest business process outsourcing provider in the U.S., with a net worth of $1.2 alorica merger acquisition west corporation outsourcing Alorica had originally announced the deal back in January.

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TubeMogul Acquired By Adobe For $540M

socalTECH

TubeMogul , a video advertising company which has offices in Los Angeles, has been acquired by Adobe in a deal worth $540M net of debt and cash. tubemogul adobe merger acquisition content streaming video advertisingAccording to Adobe, it will pay $14.00 per share for TubeMogul. TubeMogul is a provider of a video advertising platform, which lets users buy video ads on desktop, mobile, streaming devices, and TVs.

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Wazee Digital Acquired By Veritone

socalTECH

Wazee Digital had net revenues of over $19M in 2017, according to the companies. wazee digital veritone merger acquisition artificial intelligence video management licensing denver coloradoCosta Mesa-based Veritone said Monday that it has acquired Denver-based Wazee Digital , a provider of cloud-based video management and licensing services. Veritone is a developer of artificial intelligence software used to analyze audio, video and other data sources. Veritone said it paid $15.0M

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Microsemi Acquired By Microchip Technology For $8.35 Billion

socalTECH

billion after accounting for Microsemi's cash and investments, net of debt. The two did not say how the acquisition will affect Microsemi's large workforce in Orange County. microsemi microchip technology merger acquisition semiconductor chipAliso Viejo-based semiconductor maker Microsemi is being acquired by fellow chip maker Microchip Technology , in a deal worth a massive, $8.35 billion, the two said on Thursday. According to the two, Microchip will pay $68.78

AutoGenomics Files For IPO

socalTECH

AutoGenomics said it had net income of $459,000 on net revenues of $8.69M for the first six months of 2012. autogenomics merger acquisition biotech lifescience molecular diagnostics agmx

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Sonos Files For IPO

socalTECH

The company had a net loss of $14.2M electronics nasdaq exit acquisition merger speaker sono sonosSanta Barbara-based Sonos , which develops very easy to use, connected whole-home speaker systems, has filed for an IPO, saying in a filing on Friday that it is looking to raise up to $100M in an offering on the Nasdaq Global Select Market. The company has applied to list as SONO.

ResMed Acquires Brightree For $800M

socalTECH

ResMed said it will pay $800M in cash for ResMed, which had net sales of approximately $113M in 2015. resmed brightree merger acquisition healthcare software medical lifescience device

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Amgen Completes Onyx Pharmaceuticals Tender Offer

socalTECH

Thousand Oaks-based Amgen reported this morning that it has completed its tender offer for Onyx Pharmaceuticals , and now expects its acquisition to complete today. billion net of estimated cash at Onyx. onyx pharmaceuticals amgen merger acquisition biotech lifescience cancer Amgen said the deal is worth $9.7 Amgen is paying $125 per share in cash for publicly held Onyx Pharmaceuticals, a developer of biopharmaceuticals for treating cancer.

Vista Equity Sells Majority Of Websense To Raytheon

socalTECH

billion in net cash for majority ownership of a new company, to be made of those two parts. billion net of cash acquiired to acquire Websense. software security cybersecurity acquisition merger raytheon websense partners equity vista Vista Equity Partners the private equity firm which as been gobbling up San Diego high tech companies and moving them to Texas--has agreed to sell 80 percent of Websense to defense company Raytheon , the three said today.

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With Vernalis Buy, Ligand Adds to Portfolio, Establishes U.K. Presence

Xconomy

Ligand Pharmaceuticals said Wednesday that its acquisition of U.K.-based million deal netted the San Diego company eight partner programs and a 70-person R&D team in Cambridge, England, plus about $32 million in cash after deal costs.

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Alorica Completes $275M West Corporation Unit Buy

socalTECH

Irvine-based business process outsourcing provider Alorica said Wednesday that it has completed its $275M acquisition of the agent services business unit of West Corporation. Alorica said the acquisition makes it the largest business process outsourcing provider in the U.S., with a net worth of $1.2 outsourcing corporation west acquisition merger alorica

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Cohu Buys Spring Probe Company

socalTECH

net of cash acquired. cohu spring probe company kita manufacturing japan electronics merger acquisitionPoway-based Cohu said late Tuesday that it has agreed to acquire Kita Manufacturing Co LTD , a Japanese companies that develops products used in electronics manufacturing. Cohua said it would pay $15M in cash for Kita, funded out of its cash reserves and through assumption of operating debt of $2.6M The company said Kita had current year sales of estimated $17M.

What’s the minimum information to give your investors?

Berkonomics

Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuance, changes to the articles of incorporation and bylaws, and more. Every investor wants regular information from companies taking their money.

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