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Xpenser Acquired By Coupa Software

socalTECH

According to Coupa Software , it will use the buy to expand its domain expertise and leadership in the area of expense management. The firm was founded in 2008. Coupa Software is a provider of cloud-based, spending optimization software headquartered in San Francisco. Financial details of the buy were not disclosed.

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MSC Software In Play

socalTECH

Newport Beach-based CAD/CAM software maker MSC Software is reportedly in play, with current private equity owners Elliott Associates and Symphony Technology Group potentially selling the company to CVC Capital Partners, according to a report. MSC Software went private back in 2008. MSC Software went private back in 2008.

Software 100
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CBRE Group Buys Data Center Technology Provider Romonet

socalTECH

Los Angeles-based commercial real estate services giant CBRE Group announced this morning that it has acquired UK-based Romonet Limited , a provider of software, technology, and consulting services for the large global data center market. Financial details of the acquisition were not announced.

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Demand Media Sells Pluck

socalTECH

Los Angeles-based Demand Media has sold its social media software arm, Pluck , to New York-based Sprinklr , the companies said Thursday. Pluck, which is based in Austin, was founded in 2003, and had been acquired by Demand Media in 2008 in a deal worth $56.3M. demand media pluck merger acquisition social software'

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

socalTECH

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.

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Microsoft’s $1.2 Billion Acquisition of Yammer Complete

Tech Zulu Event

According to the Jared Spataro Senior Director, Office Division, Microsoft in a blog post the firm had met all the requirements regarding the acquisition. He says,” all closing conditions for Microsoft’s acquisition of Yammer have been met, and the deal is completed”. Yammer was launched in 2008 and raised $142 million then.

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Welltok, Backed By Trio Of Socal Investors, Buys Mindbloom

socalTECH

billion deal in 2008. margolis jeff trizetto software enterprise healthy android iphone health acquisition merger mindbloom welltok' Welltok''s CEO, Jeff Margolis, founded health management firm TriZetto in Orange County, and later sold TriZetto to Apax Partners in a huge, $1.4 READ MORE>>.