Remove 2016 Remove Acquisition Remove Sales
article thumbnail

Reflections on 2016: Jeb Spencer, TVC Capital

socalTECH

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. But before you think of moving out of SoCal, our 19th deal also closed in 2016, and this was a growth equity investment in Brentwood based Docupace Technologies. READ MORE>>.

Capital 113
article thumbnail

Inseego's Novatel Wireless Sales Saga Continues

socalTECH

San Diego-based Inseego , which develops telematics and fleet management products, gave an update to its sale of Novatel Wireless to Chinese company Jade Ocean Global Limited , a subsidiary of T.C.L. Industries Holdings (H.K.) Limited this morning, with more news of delays in getting the deal approved.

Sales 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Inseego Resets Effort To Gain Approval For MiFi Sale, Again

socalTECH

This is the second time the companies have pulled the move, after it encountered resistance to the planned sale of Novatel Wireless. The two announced a deal to sell Novatel Wireless to Jade Ocean in September of 2016, when Novatel Wireless renamed itself Inseego.

Sales 113
article thumbnail

Cohu Acquires Kita Manufacturing

socalTECH

Poway-based Cohu , which manufactures semiconductor test and inspection equipment, said today that it has completed its acquisition of Japanese company Kita Manufacturing Co. Cohu said Kita had 2016 sales of approximately $17M. The deal was worth $15M in cash, with up to $3M in earn out. READ MORE>>.

article thumbnail

Future Media Buys Oak & Jackal

socalTECH

Financial details of the acquisition were not announced. Future Media said the acquisition is its first foray into consumer sales. Oak & Jackal was originally launched and funded through an effort on Kickstarter , in June of 2016. The company also offers eyewear and wallets.

Media 100
article thumbnail

OneRoof Energy Sells Off Solar Project Assets

socalTECH

OneRoof Energy said it will initially received $19M, with an additional $42M being paid in additional tranches through September 2016. The company said the proceeds ofd the sale will go to repay amounts due under its current onstruction loan facility.

San Diego 124
article thumbnail

L Squared Sells Portfolio Company, Learners Edge

socalTECH

Financial details of the sale were not announced. L Squared Capital Partners had recapitalized Learners Edge in September of 2016; the private equity investors says it increased the company's revenues by more than 2.5x Learners Edge provides professional education products to teachers. since that time.

Company 113