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The subsidiary follows acquisition of virtual stock trading startup

L.A. Business Journal

Beverly Hills-based LiveOne Inc., the owner of streaming services like Slacker Radio, LiveXLive and PodcastOne, is making a foray into the gaming business with a newly launched subsidiary called GamifyOne.

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LiveStream Acquired By Vimeo

socalTECH

Beverly Hills-based Livestream , a provider of online live video broadcasting tools, has been acquired by online video service Vimeo , Vimeo announced on Tuesday. Financial terms of the acquisition were not announced. Vimeo is owned by IAC. Livestream had raised around $14.7M and others. Livestream had raised around $14.7M

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Fair Technologies Pivots, Plans 2022 Relaunch

socalTECH

Beverly Hills-based Fair, which was most recently focused on letting people lease vehicles on as short as a month-to-month basis, said Tuesday that it has adopted a new strategy, and plans to change its name for an early 2022 relaunch. Fair said it expects to officially launch its services in "select markets" in Q1 of 2022.

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RealD Acquires MasterImage 3D

socalTECH

Beverly Hills-based 3D movie projection systems developer RealD said last week that it has acquired the assets of MasterImage 3D , including all of its intellectual property, technology, inventory, and accounts receivable. Financial details of the acquisition were not announced.

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Platinum Equity Bumps Offer For Electro Rent To $382M

socalTECH

Beverly Hills-based private equity investor Platinum Equity announced this morning that it has bumped its offer for Van Nuys-based Electro Rent to $15.50 According to Platinum Equity, the increased offer comes due to a receipt by Electro REnt of an unsolicited, third party acquisition proposal. per share offer. READ MORE>>.

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Aviron Capital Acquires Stake In Kino Industries

socalTECH

Beverly Hills-based Aviron Capital , a consortium of financiers with primary backing from by private equity investor BlackRock, said this morning that it has acquired a "substantial equity stake" in Kino Industries , the developer of an interactive movie technology called CtrlMovie.

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Slacker Acquired By LiveXLive

socalTECH

Financial terms of the acquisition were not announced, however, an SEC filing indicates the deal was worth around $50M, split between $44M in cash and $6M in stock. LiveXLive is based in Beverly Hills, and is led by CEO Robert Ellin. LiveXLive is a live music streaming service. READ MORE>>.