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Vertical Networks Acquired By Whistle

socalTECH

Santa Monica-based Vertical Networks , a "mobile-first" content studio which was backed by Snap , has been acquired by New York-based entertainment and sports media company Whistle. Financial terms of the acquisition were not announced. Vertical Networks was founded by Elisabeth Murdoch. READ MORE>>.

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The Mobile Majority Buys Qualcomm Spinoff Gimbal

socalTECH

Santa Monica-based The Mobile Majority , the mobile advertising technology developer led by Rob Emrich, says it has acquired Gimbal , the Qualcomm spinout focused on mobile engagement and location intelligence in the retail market. Financial details of the acquisition were not announced. READ MORE>>.

Mobile 100
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Cornerstone OnDemand Bolsters Board

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of cloud-based, enterprise talent and employee management software, said today that it has named a new member of its board of directors. Cavanaugh had served in his position at Concur since 1999 until its acquisition by SAP in 2014. READ MORE>>.

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Rightside Acquired By Donuts Inc. For $213M

socalTECH

the domain name spinoff of Santa Monica-based Demand Media, the company announced on Wednesday. Rightside spun out of Demand Media back in 2014. Donuts Inc. , the global, top level domain (gTLD) registrar and domain owner has Rightside Group Ltd. , The deal is worth approximately $213M, or $10.60 per share in cash.

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TakeLessons CEO Discusses Chromatik Buyout, Why it’s a Good Fit

Xconomy

The company’s last VC round in early 2014 raised $7 million. Now TakeLessons has completed another acquisition, buying Chromatik, a Santa Monica, CA-based provider of digital sheet music.

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Demand Media Sees Steep Drop In Content Revenues, Cuts Staff

socalTECH

Santa Monica-based Demand Media is continuing to see a steep drop in revenues from its content and media efforts, reporting Thursday afternoon that it had $15.9M in the same quarter in 2014. in revenues from its Content & Media segments, compared with $33.6M

Demand 100
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Silicon Beach Fest Approaches! #SBF

Tech Zulu Event

Silicon Beach Fest is LA’s original festival celebrating LA tech, entertainment & startups with panels, keynotes, workshops, mixers, and more in Santa Monica. Several large acquisitions have included Oculus being acquired by Facebook for $2B, Maker Studios acquisition by Disney for more than $500M, and more.