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Newport Media Acquired By Atmel For $140M

socalTECH

Lake Forest-based Newport Media , which develops low power Wi-Fi and Bluetooth chipsets, has been acquired by Atmel , in a deal worth $140M in cash. According to Atmel, it will use the buy to strengthen its position in the Internet-of-Things (IoT) market. Atmel said that Newport Media had $43 million in annual revenue during 2013.

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Media Temple Parent GoDaddy Files For IPO

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GoDaddy , the parent company of Los Angeles premium website hosting service Media Temple , has filed for an IPO--in the process, showing that the company paid $94.48M in cash for Media Temple. Morgan, Citigroup, Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR Capital Markets, and Stifel. READ MORE>>.

Media 164
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Creativebug Acquired By Jo-Ann Stores

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Creativebug , the online educational video site for the arts and crafts market which was last owned by Otter Media , the joint venture between AT&T and The Chernin Group, has been acquired by Jo-Ann Stores , the arts and crafts retailer. Financial terms of the acquisition were not announced. READ MORE>>.

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Insights and Opinions: A Cynic Predicts IT and Media in 2011

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For today's Insights and Opinions section, where we share the thoughts and insights of local technology thought leaders, we have an article from Tony Greenberg , CEO of Ramprate on A Cynic's Prediction of IT and Media in 2011. Markets will stay irrational longer than companies stay solvent. Everything that's old will be new again.

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GoDaddy IPO Set For End Of March

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GoDaddy , the parent firm of LA''s Media Temple , is aiming at pricing its IPO on March 31st, according to documents circulating to investors as part of its IPO process. Media Temple has been a part of GoDaddy''s push into the small business market, since its acquisition in 2013. and $19.00 READ MORE>>.

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GoDaddy Selects NYSE For IPO Effort

socalTECH

The company has significant operations in Los Angeles, largely due to the company''s acquisition of Media Temple in 2013; GoDaddy''s recent push into the small business hosting market has come in part due to the talent and executive team from Media Temple. READ MORE>>.

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Why The Media Has Been Wrong About YouTube Networks

Both Sides of the Table

For much of 2013 I watched the press write articles about how the YouTube “MCNs” (multi-channel networks) were doomed and tried to square that with the data I was watching at the one I invested in, Maker Studios, who has had one hell of a year. This revenue share comes after the YouTube split. Except for 2 things: 1.