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Shotgun Software Acquired By Autodesk

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Los Angeles-based Shotgun Software , a developer of cloud-based production tracking, review, and asset management software for the film, television and games industries, has been acquired by Autodesk , the two said Wednesday. Financial details of the acquisition were not disclosed. READ MORE>>.

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ServiceTitan Acquires Pointman

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Los Angeles-based ServiceTitan , which develops a cloud-based software platform used by residential and commercial service contractors to manage their businesses, has acquired Pointman , a New York-based company that develops software for contractors. Financial terms of the acquisition were not announced. READ MORE>>.

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Proximal Data Gets $2M For Caching Software

socalTECH

San Diego-based Proximal Data , which develops serve-side caching software for accelerating I/O access to virtualized machines, said this morning that it has raised $2M in a Series B round of funding. The firm's software works with virtualized servers to optimize access to storage to eliminate bottlenecks. The firm is led by Rory Bolt.

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Desktone Acquired By VMware

socalTECH

Desktone , the developer of virtual desktop software which had been founded by Los Angeles entrepreneur Eric Pulier, has been acquired by VMware. VMware announced the acquisition yesterday, but did not disclose financial details of the acquisition. desktone vmware eric pulier merger acquisition virtualization desktop'

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Slacker Acquired By LiveXLive

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Financial terms of the acquisition were not announced, however, an SEC filing indicates the deal was worth around $50M, split between $44M in cash and $6M in stock. Slacker was founded in 2006, and was venture backed by Austin Ventures, Centennial Ventures, Mission Ventures, Rho Ventures, and Sevin Rosen Funds. READ MORE>>.

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Intuit Sells Intuit Financial Services For $1.025 Billion

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Financial software provider Intuit has sold its Intuit Financial Services business--which is based in Woodland Hills--to private equity firm Thoma Bravo. Intuit had acquired Digital Insight back in 2006, for $1.35 intuit financial services merger acquisition finance software mobile banking' READ MORE>>.

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How TVC Aims At Acquisitions, Not IPOs, with Jeb Spencer

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We thought it might be interesting to talk with one of the fund's managing directors, Jeb Spencer about the fund's success in technology investments, plus how it managed to raise another fund in this kind of environment, plus its unique goal of getting companies to an acquisition--and not an IPO.