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Demand Media Buys E-Commerce Marketplace Society6 For $94M

socalTECH

Santa Monica-based Demand Media has acquired Society6 , an online e-commerce marketplace centered around artists, the company announced Monday afternoon, as part of an effort to expand its content and media platform. According to Demand Media, it paid $94M for Society6, including $75M in cash and approximately $19M in its common stock.

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Profligate Systems Engineering

SoCal Tech Calendar

Wednesday, February 29, 2012 -- Profligate Systems Engineering. The complexity of current and future engineering endeavors continues to increase non-linearly as we demand more and more integration of and inter-relationship between our devices and our data. Speaker: Dawn C.

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TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

He has raised more than $200 million on behalf of his companies and led more than 30 acquisitions. Pierce also led the acquisition of Xfire from Viacom. and negotiated the company’s successful acquisition by Logitech, Inc., On Demand). He continues to sit on the board of Sorenson Media.

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Good Times Ahead for VC-backed Tech Companies?

Both Sides of the Table

He thinks demand for IPOs (from buyers) remains high while supply is low because Sarbanes Oxley amongst other things has made less CEOs want to go public. More interestingly Montgomery expect the M&A market to grow to 600 in 2011 and 750 in 2012. Pure Digital to Cisco) but that even the 2nd largest will get much lover valuations.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

The top five tournaments for “StarCraft 2″ in the month of June 2012 had combined prize-pools of over $150,000. If you said 6 million (as of April 2012), you’d be close, because JustFab is growing by nearly to 500,000 members a month. In 2012, ShoeDazzle jumped from 3 to 13 million members. Brandon Beck – Riot Games.

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Surveying SoCal's M&A Landscape, with David Siemer

socalTECH

How about mergers and acquisitions? I think that the market was, however, hotter two years ago, when companies were buying more aggressively, and there was lots of pent-up demand. In 2012, half of all the M&A transactions were cross border, for the first time. That''s why the IPO markets coming back is so critical.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Sam also had a vision as early as 2012 about how MakeSpace would be a large employer of middle-income jobs: The company would hire employees rather than just have contractors and he would lead the effort to ensure they had opportunities for growth and benefits for their families. and we were met with weak demand, slow growth and high costs.

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