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Bitium Acquired By Google

socalTECH

Santa Monica-based Bitium , a developer of cloud identity and single sign-on software, has been acquired by Google , Google said on Tuesday afternoon. According to Google, the acquisition of Bitium will help it with its "Cloud Identity vision". Financial terms of the acquisition were not announced. READ MORE>>.

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DivShot Acquired By Google

socalTECH

Los Angeles-based Divshot , which had offered up hosting of static web pages for web developers, has been acquired by Google , and will join Gogole's Firebase software development team. The company was one of the companies in the Launchpad LA accelerator program in 2012. Financial terms of the buy were not disclosed.

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DreamHammer Launches Drone, Robot Control Software

socalTECH

In the second piece of aerial drone news to come out of Southern California today, Santa Monica-based software developer DreamHammer said it has launched a beta of its drone control software, aimed at controlling unmanned drones and robotics from multiple, different manufacturers in a single system. READ MORE>>.

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What Mattered in 2012: Howard Marks, StartEngine

socalTECH

2012 has been a remarkably interesting year in terms of developments in technology. Finally, Google. Google continues to shape our futures. Definitely Software as a Service (SAAS). We are going to see a real explosion in companies offering software for a subscription price. It was a big year for us. That's huge.

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles.

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WeWork Acquires Greycroft-Backed Teem

socalTECH

WeWork , the co-working space operator which has a significant presence across Southern California, with nineteen locations in the Los Angeles area plus a location in San Diego, has acquired Teem , a software startup backed by active LA venture investor Greycroft Ventures. Teem was founded in 2012, and had over 100 employees.

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

Tech Zulu Event

Google has acquired smart home appliance company, Nest Labs for $3.2 Google’s acquisition of Nest gives the the co-founders an early exit and resources to up their hardware game. Google EnergySense. Nest is not Google’s first hardware acquisition. ” Nest and Google are not new to each other.

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