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Amgen Completes $13.4 Billion Acquisition Of Otezla

socalTECH

Thousand Oaks-based biotech giant Amgen said Thursday that it has successfully completed its acquisition of the worldwide rights to Otezla , from Celgene Corporation , in a deal that was worth $13.4 Amgen also said the deal will push its total revenues for 2019 into the range of $23.1 billion in anticipated future cash tax benefits.

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Reflections on 2019: Kelly Perdew, Moonshots Capital

socalTECH

The exit through acquisition by ReliaQuest is the first of what we expect will be many exits for our Fund 1 portfolio. For my partner, Craig Cummings, and I - 2019 was our first full year as Venture Capitalists! We also had our first exit for Moonshots Capital Fund 1 --Threatcare. Since 2010, $6.3B

Capital 100
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J2 Global Buys Four Companies In Q3 2019

socalTECH

Financial terms of those acquisition were not announced. J2 Global said that the financial impact of the acquisition to the company is "not expected to be material". J2 Global is an extremely active acquirer of companies--perhaps, the most acquisitive company in both the Internet services and Internet content.

Company 113
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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. Are there any technology innovations, gadgets/devices, software, that you found most interesting in 2019?

Capital 100
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Ad.net Buys IntentX

socalTECH

Financial details of the acquisition were not announced. IntentX was founded in 2019 by Mom Chan and Vamsu Putrevu. Los Angeles-based digital performance advertising firm Ad.net announced on Wednesday morning that it has acquired IntentX. Ad.net is backed by private equity investor Clarion Capital, and is led by CEO Jon Waterman.

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Boston A.I. Leaders Call for Focus on Diversity, Global Mindset in 2019

Xconomy

The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. software startups to reflect on the trends that defined the sector in 2018—and where things might be headed in 2019. It was an eventful year for the artificial intelligence industry. Meanwhile, A.I.

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Gaining Momentum

L.A. Business Journal

tech companies experienced a flurry of mergers and acquisitions in late 2019, and that momentum is expected to continue in the coming months.