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Websense, After Move From San Diego, In Acquisition Talks

socalTECH

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013.

San Diego 100
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BuyAutoParts.com Gets $18.6M In Private Equity Acquisition

socalTECH

San Diego-based online auto parts retailer BuyAutoParts.com has raised $18.6M BuyAutoParts.com had previously revealed it had around $34M in revenues in 2012, and had expected to have revenues of around $42M in 2013. capital venture equity private acquisition merger buyautoparts' READ MORE>>.

Equity 133
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EcoATM Parent Outerwall Acquired By Private Equity Investor

socalTECH

Outerwall , the parent company of San Diego's EcoATM , has agreed to a private equity buyout by Apollo Global Management , about five months after Outerwall launched an effort to find a buyer. EcoATM had laid of 107 people in San Diego, as it responded to those threats and was attempted to cut its costs.

Equity 100
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Omnitracs Moves To Texas

socalTECH

In an unsurprising--albeit, still painful--move, San Diego-based fleet management software developer Omnitracs is moving its headquarters, and a significant number of jobs, to Dallas, Texas. in an investment in Omnitracs to spur the move, which takes 450 jobs out of San Diego. Omnitracs was formerly part of Qualcomm.

San Diego 159
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Accriva Diagnostics Acquired By Werfen

socalTECH

San Diego-based Accriva Diagnostics , the Sorrento Valley developer of in-vitro blood testing equipment, has been acquired by Spanish company Werfen , via its subsidiary, Instrumentation Laboratory (IL). Financial details of the acquisition were not announced. The deal was announced last week. READ MORE>>.

San Diego 100
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Celgene-Seeded PharmAkea Sells Last Fibrotic Drug Candidate to Galecto

Xconomy

When a group of scientists from Amira Pharmaceuticals wanted to start a new biotech after the company’s 2011 acquisition by Bristol-Myers Squibb , Celgene provided seed funding. Eventually Celgene kicked in $35 million more for a research collaboration, an equity stake, and an exclusive option to acquire the startup, PharmAkea Therapeutics.

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LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

Xconomy

per share, for a total equity value of $302 million. LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. In 2013, when Sequenom reported a $107.4 LabCorp reported $8.5 It is expected to close by the end of the year.