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VC Exits Down In 2011, Says Report

socalTECH

venture backed companies was down in 2011, according to Dow Jones VentureSource, which said today that it tallied a total of 522 mergers, acquisitions, buyouts, and IPOs during the year. billion, a 14 percent drop in deal activity versus 2010, although it was a 26 percent increase in capital raised compared to last year.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. According to the report, the biggest exit during 2011 was for Greent Dot , which provided liquidity of $2 billion for its pre-IPO investors, the highest of any exit since 2000. A new report released today tallies up $7.7

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Greycroft, Paige Craig Get Exit As Adobe Buys LiveFyre

socalTECH

Financial terms of the acquisition were not announced. Paige Craig--as well as a number of other angels--originally seeded LiveFyre back in 2010. Greycroft, which is very active in Los Angeles, took the lead on LiveFyre's Series B funding in 2011. READ MORE>>.

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Recargo Buys PlugInCars.com

socalTECH

Financial terms of the acquisition were not disclosed. PlugInCars.com was launched in 2010 by Brad Berman, and according to Recargo had an average of 70,000 unique monthly visitors in 2011.

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Gores Group Sells Lineage Power

socalTECH

The deal was announced today by buyer GE , which said the acquisition will "open the door" for the firm to deploy its technology in the power conversion space. GE said Lineage had revenues of approximately $450M in 2010, and that the deal values the firm at eight time enterprise value based on 2011 EBITDA.

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Google Wants to Disrupt Home Automation with $3.2 Billion Nest Acquisition

Tech Zulu Event

Google’s acquisition of Nest gives the the co-founders an early exit and resources to up their hardware game. Nest is not Google’s first hardware acquisition. Fadell and Rogers left Apple in 2010 to found Nest. Billion Nest Acquisition appeared first on TechZulu. Google EnergySense. Future of automation.

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ACG 101's Annual MandA Update

SoCal Tech Calendar

Total merger and acquisition deal volume in 2011 increased 24% from 2010, with over 16,000 transactions aggregating to $1.1 Multiples for middle market companies remained relatively strong in 2011, at an average of 8.2x Wednesday, April 4, 2012 -- ACG 101's Annual MandA Update. trillion in value.

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