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IPO Market Surpasses 2008, 2009, According to Report

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A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. PwC tallied up 154 IPOs completed this year so far, raising $37.5

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Machinima Lays Off Most Employees, Ceases Operations, Say Reports

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Machinima , which had been the poster child for Southern California's multi-channel-network (MCN) boom, has laid off most of its employees and ceased its operations , according to reports. in 2016, in a deal then reported as worth less than $100M. Machinima had been acquired by Warner Bros.

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Napster Going To Rhapsody, Says Report

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A report today says that Napster , the online music service now owned by Best Buy, is being sold to Rhapsody. Los Angeles-based Napster was acquired by Best Buy in September of 2008 in a deal which was worth net value of approximately $54M. READ MORE>>.

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Report Says Venture Capitalist Optimism On The Rise

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Venture capital investor optimism rose slight in Q4, according to a report released this morning from the University of San Francisco. The rise in confidence continues an overall trend for venture capitalists, who have steadily become more confident since around Q4 of 2008 and Q1 of 2009.

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Xpenser Acquired By Coupa Software

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San Diego-based Xpenser , a startup developing a cloud-based service to help prepare and submit expense reports for its users, has been acquired. The firm was founded in 2008. xpenser expense management software travel tande coupa merger acquisition evonexus' READ MORE>>.

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Ixia Reports Record Revenues, But Sees Loss

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Calabasas-based Ixia , a developer of network testing tools, reported its fourth quarter and 2009 year end results Thursday, saying that it lost $31.3M The firm said the revenues were an increase of 37% over 2008's Q4, and were up 21% over the $46.4M the firm reported in Q3. the firm reported in Q3. deferred tax assets.

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Report: Six Year Low For Venture-Backed Liquidity, Despite IPOs

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Dow Jones VentureSource is reporting today that Q2 of this year was "one of the worst" ever for venture capital backed firms, in terms of liquidity, since early 2003. billion in exits for the quarter, including both mergers and acquisitions and IPOs, down 57% from last year's numbers. According to Dow Jones, there was only $2.8

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