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Omnitracs Acquires XRS Corporation

socalTECH

San Diego-based Omnitracs , the developer of fleet management products and services for the transportation and logistics market, said this morning that it has agreed to acquire XRS Corporation , a fellow developer of fleet optimization software. per share for XRS, which is majority owned by Trident Capital and Technology Crossover Ventures.

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GRP Portfolio Firm Qualys Files For IPO

socalTECH

One of the portfolio companies of Los Angeles-based venture capital firm GRP Partners has filed for an IPO, according to a filing with the SEC late Friday. percent of Qualys before the IPO; the firm's other co-investor in the company, Trident Capital, owns 27.41 GRP Partners owns around 10.94 GRP Partners owns around 10.94