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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. years to build their company before acquisition. The median price for a company increased to $71M during 2011. That's more than the $3.3

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ShoeDazzle Acquisition By JustFab? Not So Dazzling

socalTECH

That acquisition by JustFab of fellow fashion startup ShoeDazzle yesterday? The acquisition valued ShoeDazzle at only around $30M, a huge drop in the company''s value, compared with a $240M valuation back in 2011, according to Dow Jones. justfab shoedazzle merger acquisition fashion ecommerce subscription' funding round.

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Geni Acquisition Opens Up Service For Users

socalTECH

The acquisition today of Los Angeles-based family tree and genealogy site Geni has one big benefit: its users now have full access to the service, without having to pay for premium features. Geni.com also said that it will now let users download free family trees to their computer at no charge, and remove ads completely from the site.

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Centerfield Buys Business.com and Savings.com

socalTECH

Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. Financial details of the acquisition were not announced. The acquisition of Business.com is just the latest saga in the business and domain name; the.

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WD, Hitachi Storage Acquisition To Close Thursday

socalTECH

WD and Hitachi said the two have obtained all of the required, regulatory approvals for the acquisition of Viviti Technologies Ltd., The approvals have been a long time coming for the deal, which was originally announced in March of 2011. the holding company for Hitachi Global Storage Technologies. billion.

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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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Mergers and Acquisitions: A CEO Perspective

SoCal Tech Calendar

Thursday, September 27, 2012 -- Mergers and Acquisitions: A CEO Perspective. Please join us to hear firsthand from Mr. Goldfield as he shares his insight and personal reflection on TriNet's successful acquisitions. See [link] (more)