socalTECH

DECEMBER 26, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your organization in 2018? You'll be able to browse all of those contributions here. Happy Holidays!

Southern California 113

Southern California SoCal Pasadena Riverside 113

socalTECH

DECEMBER 6, 2021

Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. The company also funded the acquisition of four companies for Provation, including MD-Reports, ePreop, iProcedures and endoPRO. Financial details of the sale were not announced.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

AUGUST 10, 2021

Financial terms of the acquisition were not announced. According to Montrose Environmental Group, it will use the acquisition to offer further integrated services and data analytics. SensibleIoT was founded in 2018 by Charles Beach.

Acquisition 113

Acquisition Software Development Software Services 113

socalTECH

AUGUST 19, 2021

Financial details of the acquisition were not announced. Clearlake Capital has been very busy rolling up companies uner Symplr, with this acquisition the eighth by Symplr since Clearlake acquired the company in 2018; the acquisition is the thirteenth acquisition by Symplr in the past six years.

Santa Monica 113

Santa Monica Acquisition Equity Software Development 113

socalTECH

OCTOBER 16, 2018

According to j2 Global, the five acquisition were all made in the third quarter of 2018, and included PRIME Education , The Communicator Corporation , BestBlackFriday.com (certain assets), Downdetector , and DemandShore. Financial details of the acquisition were not announced by j2. READ MORE>>.

Company 138

Company Companies Southern California Education 138

socalTECH

FEBRUARY 10, 2021

The company's long history--it was founded in 1999--includes the acquisition of MySpace in 2011, a 60% acquisition by Time Inc. in 2018, and the acquisition of Adelphic in 2017. Viant is led by technology veteran Tim Vanderhook, who founded Viant with brothers Chris and Russ. in trading on its first day of trading.

Acquisition 113

Acquisition Advertising Pricing Software 113

socalTECH

JANUARY 28, 2022

Long Beach-based satellite launch provider Rocket Lab announced this week that it has been selected by NASA, as one of twelve companies to provide launch services for NASA's Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions. Rocket Lab did not say how much its portion of the $300M in launch contracts is worth.

Long Beach 113

Long Beach Class Education Acquisition 113

TechCrunch LA

FEBRUARY 19, 2020

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. Since launching the platform in 2018, startups from the Snap accelerator have gone on to acquisition (like Stop, Breathe, and Think, which was bought by Meredith Corp.)

Artificial Inteligence 331

Artificial Inteligence Social Network Los Angeles Snapchat 331

socalTECH

FEBRUARY 1, 2021

The company's long history--it was founded in 1999--includes the acquisition of MySpace in 2011, a 60% acquisition by Time Inc. in 2018, and the acquisition of Adelphic in 2017. Viant is led by technology veteran Tim Vanderhook, who founded Viant with brothers Chris and Russ.

Acquisition 113

Acquisition Class Advertising Media 113

socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

JUNE 4, 2019

Financial details of the acquisition were not announced by the companies. According to the two companies, the investment in APCT will go towards accelerating profitable growth at APCT, including for "bolt-on" acquisitions and expanding global production capabilities. READ MORE>>.

Equity 113

Equity Orange County Angel Southern California 113

socalTECH

JANUARY 3, 2020

billion merger and acquisition deal, where Illumina had sought to acquire Pacific Biosciences. The two had previously announced the merger and acquisition deal in November of 2018. San Diego-based life sciences equipment maker Illumina , and Pacific Biosciences of California have called off a $1.2

San Diego 100

San Diego Acquisition 100

socalTECH

SEPTEMBER 23, 2019

Financial terms of the acquisition were not announced. According to Heal, the acquisition will help it expand its services to New York City. Heal said that Doctors on Call averaged 42,000 house calls to seniors in NYC in 2018. Heal is led by co-founder and CEO Nick Desai.

Doc 113

Doc Acquisition Demand Services 113

socalTECH

MAY 8, 2018

Los Angeles-based j2 Global , the online services and publishing giant, reported on Monday that its Q1 2018 quarterly revenues grew to $280.6 According to j2 Global, it ended the quarter with approximately $400M in cash and investments, after spending around $100M for acquisition and its regular quarterly dividend. million, a 10.2

Southern California 162

Southern California Acquisition Los Angeles Activity 162

socalTECH

JANUARY 8, 2018

Financial details of the acquisition were not announced. Ring said it will use the acquisition to power its new Ring Beams product line, a line of security lights that communicate with Ring devices. Ring said the new products include spotlights, pathway lights, and deck lights, will be available in mid-2018. READ MORE>>.

Santa Monica 124

Santa Monica Acquisition Product Technology 124

socalTECH

APRIL 16, 2020

Financial terms of the acquisition were not announced. Hypixel Studios was founded in 2018, and was angel backed, including investors from Riot Games. Hypixel Studios is based in Derry-Londonderry, North Ireland. Hypixel Studios is still working on Hytale, and has said it plans to launch the title in 2021.

Riot Games 113

Riot Games Acquisition Los Angeles Angel 113

Xconomy

NOVEMBER 5, 2018

The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million. San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday.

Software 89

Software Acquisition .Net Pricing 89

socalTECH

MARCH 4, 2019

Financial details of the acquisition deal were not announced. According to Willdan, The Weidt Group had approximately $14M in revenues in 2018, and that it expects the acquisition to be accretive to its earnings in 2019.

Acquisition 113

Acquisition Software Development Services Software 113

socalTECH

NOVEMBER 4, 2019

Broadcom , which still has significant operations in Orange County, said this morning that it has completed its acquisition of the Enterprise Security business of Symantec Corporation , which had been announced in August. The deal was worth $10.7 billion in cash. READ MORE>>.

Symantec 100

Symantec Orange County Acquisition Activity 100

TechCrunch LA

MARCH 5, 2020

The Scoot Moped — an electric moped born out of Bird’s acquisition of Scoot — will launch in Austin five months after unveiling the shared micromobility vehicle. Bird first unveiled the Scoot Moped in October following its acquisition of Scoot. Initially the mopeds were piloted in Los Angeles, according to Bird.

Technical Review 237

Technical Review Framework Los Angeles Mobile 237

socalTECH

SEPTEMBER 15, 2020

The brand says it stopped shipping products in May of 2018, as a result of new GDPR program requirements; however, the acquisition by Go Global Retail--which acquired ModCloth from Walmart--allowed the company to resume those international shipments. According to ModCloth, the relaunch and global expansion comes due to new ownership.

Marketing 113

Marketing Commerce Los Angeles Acquisition 113

SoCal Tech Calendar

DECEMBER 3, 2018

Wednesday, December 5, 2018 -- Startups: The Year That Was and The Year That's Ahead. He will talk about some of the noteworthy funding deals, acquisitions, exits and trends of 2018, and talk about what might be in store for the future. Cal Lutheran Center for Entrepreneurship. Wednesday, December 5, 6 - 8 p.m.,

Thousand Oaks 100

Thousand Oaks Startup Acquisition Funding 100

socalTECH

AUGUST 4, 2017

Financial terms of the acquisition were not announced. Willdan said it expects the acquisition to add $10M in revenues in 2018. Anaheim-based Willdan Group said on Thursday afternoon that it has acquired Integral Analytics , a developer of data analytics software for the utility industry.

Acquisition 113

Acquisition Resource Software Develop 113

socalTECH

FEBRUARY 15, 2019

The deal to acquire Pulse occurred in May of 2018, and completed in December, according to the companies. Pulse Electronics did not say how the acquisition will affect its operations in San Diego.

San Diego 113

San Diego Acquisition Company Companies 113

socalTECH

APRIL 9, 2019

According to HyreCar, the insurance program is now being underwritten by The Hartford, as a result of the acquisition of Y-Risk in December of 2018. Financial details of that partnership were not announced. READ MORE>>.

Los Angeles 113

Los Angeles Acquisition Angel Marketing 113

socalTECH

MAY 11, 2020

According to Fair Stewart served as CEO of XOJet from 2013 to 2018, eventually steering the company through an acquisition by its parent company, Vista Global. Fair is reportedly in the midst of raising another round of funding to continue to grow its service.

Santa Monica 113

Santa Monica Acquisition Report Invest 113

SoCal Tech Calendar

JULY 13, 2018

Thursday, July 19, 2018 -- LAXTechRecruit. Lou Adler keynote, 35+ Talent Acquisition Leaders speaking and opening playbooks on Hiring, Employer Branding and Sourcing Automation Tools and Recruiter Outbound Marketing. All Day hands-on conference on Recruiting and Hiring Strategies. See [link] (more)

Conference 100

Conference Tool Acquisition Marketing 100

socalTECH

JULY 31, 2019

OnRobot , a manufacturer of grippers, force and torque sensors, and other products that are installed on the end of industrial robots, says it has set up a new office in Los Angeles, after its acquisition of another company, Perception Robotics. OnRobot and Perception Robotics merged in June of 2018. READ MORE>>.

Los Angeles 124

Los Angeles Culver City Angel Acquisition 124

socalTECH

APRIL 15, 2019

CalAmp said that Synovia had over $28M in software-as-a-service recurring revenue in calendar 2018, with approximately 30 percent EBITDA. CalAmp said the new acquisition, along with those prior acquisitions, is expected to boost its recurring SaaS revenues to over $30M a quarter by the second half of the current fiscal year.

SaaS 113

SaaS Acquisition Services Software 113

socalTECH

JULY 19, 2019

According to Vobile, it will open up a new office in Los Angeles as a result of the acquisition, with approximately 100 employees. Vobile said ZEFR's businesses produced over $40M in recurring, profitable revenue in 2018.

Fandango 127

Fandango Content Los Angeles Startup 127

socalTECH

AUGUST 26, 2019

Amgen said the acquisition will accelerate both its near- and long-term revenue growth. billion in sales in 2018. According to Amgen, the deal is part of Celgene's previously announced merger with Bristol-Myers Squibb Company. Otezla had $1.6 Amgen said it expects low double-digit sales growth for Otezla over the next five years.

Thousand Oaks 113

Thousand Oaks .Net Sales Acquisition 113

socalTECH

JUNE 21, 2018

a special purpose acquisition company created by The Gores Group. the company's 2018 pro forma Adjusted EBITDA of approximately $219 million. According to Platinum, the sale will create a new, publicly listed company, via a plan of merger with Gores Holdings II, Inc., The deal values Verra Mobility at 11.0x

Equity 124

Equity Mobile Acquisition Los Angeles 124

socalTECH

MAY 10, 2019

Financial details of the acquisition were not announced. The game was only just launched in November of 2018. Los Angeles-based mobile game publisher Scopely has acquired DIGIT Game Studios , the game development studio behind its hit mobile game, Star Trek Fleet Command , Scopely announced on Thursday.

Mobile 113

Mobile Acquisition Los Angeles Invest 113

socalTECH

NOVEMBER 7, 2017

Financial details of the acquisition were not announced. According to Vault CEO Randy Fernando, Vault will relaunch itself as Acorns Later sometime in early 2018. The company said its service will automatically "round up" spare change from everyday purchases and place them into retirement savings.

Acquisition 113

Acquisition Invest Help Services 113

socalTECH

MARCH 28, 2019

Kyriba says it had more than $110M in revenues in 2018, and 229 new clients; the company also recently annoucned the acquisition of FireApps, a developer of enterprise currency management software. READ MORE>>.

Equity 124

Equity Funding San Diego Acquisition 124

socalTECH

APRIL 15, 2019

AT&T had been a shareholder in Hulu for the past two years as a minority share owner, via its acquisition of Time Warner. The announcement of the deal between Hulu and AT&T were not a surprise; AT&T has reportedly been looking to sell its stake in Hulu since at least November of 2018. READ MORE>>.

Hulu 100

Hulu Acquisition Los Angeles Report 100

socalTECH

NOVEMBER 6, 2018

billion for its fiscal 2018, and an Adjusted EBITDA between $480 million and $505 million. The company is now sitting on approximately $386 million in cash and investments, saying it spent approximately $113M in the quarter for acquisitions and its regular quarterly dividend. The company says its expects revenues of between $1.2

Acquisition 113

Acquisition Los Angeles Content Services 113