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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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ACTIVE Network Loses CEO, Chairman

socalTECH

In a big leadership executive shuffle over at San Diego-based ACTIVE Network , the company announced today that its current CEO, Matthew Landa, has resigned, as has its Executive Chairman and Chairman of the board, David Alberga. Active Network is a provider of online sports registration and other related services. READ MORE>>.

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Snap Revenues Up, But Company Still Posting Big Losses

socalTECH

However, the company is still posting big losses, saying it had a net loss of $191.7M billion for the year, and a net loss of $1.25 Santa Monica-based Snap , the parent firm of Snapchat, reported its results on Tuesday afternoon, saying that its fourth quarter revenues were up 36 percent to a record, $390M. READ MORE>>.

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ACTIVE Network Signs Up Two YMCAs

socalTECH

San Diego-based sports activity registration and software provider ACTIVE Network reported two wins today at YMCA centers. ACTIVE Network said it has signed up the YMCA of the North Shore in Massachusetts and YMCA of the Brandywine Valley in Pennsylvania as customers for the company''s ACTIVE Net cloud platform.

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EVgo Completes SPAC Deal, Trading Now On Nasdaq

socalTECH

Los Angeles-based electric vehicle charging network operator EVgo says it has completed its business combination with Climate Change Crisis Real Impact I Acquisition Corporation. The special purpose acquisition company (SPAC) deal creates a new, publicly traded company called EVgo Inc.,

.Net 133
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Network Neutrality: The Debate Pros and Cons of Net Neutrality

SoCal Tech Calendar

Tuesday, April 6, 2010 -- CommNexus Presents: Network Neutrality: The Debate Pros and Cons of Net Neutrality. This year the FCC will be addressing one of the most important technology issues of our time, network neutrality or who controls and regulates what's sent on the Internet. Essentially, they want no rules.

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Active Network Files For IPO

socalTECH

San Diego-based Active Network has filed for an IPO, saying in its S-1 that it is looking to raise up to $150M. The firm's IPO is being underwritten by BofA Merrill Lynch, Citi, Allen & Company LLC, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity LLC, and WR Hambrecht+Co. The firm said it had a net loss of 37.8M

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