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Wilcon Buys Freedom Dark Fiber Networks

socalTECH

Los Angeles-based fiber optic and data center infrastructure provider Wilcon announced today that it has acquired dark fiber provider Freedom Dark Fiber Networks. Financial terms of the acquisition were not announced. Freedom Dark Fiber Networks is also based in Southern California, and is a provider of dark fiber in the region.

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United Online Sells StayFriends

socalTECH

Woodland Hills-based United Online has sold its StayFriends social networking site, to German company Stroer Content Group GmbH , the company said Thursday afternoon. United Online said it will receive 16.0 million euros ($18.3M US) for StayFriends. READ MORE>>.

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United Online Buys schoolFeed

socalTECH

Woodland Hills-based United Online said this morning that it has acquired schoolFeed , a startup developing a Facebook app which connects people via their high school graduating class. Financial terms of the deal were not disclosed. READ MORE>>.

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United Online Puts StayFriends On The Block

socalTECH

Woodland Hills-based United Online said Tuesday that it has hired an investment banker to sell its European social networking website, StayFriends.

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Interview with Ross Levinsohn, Velocity Interactive Group

socalTECH

This morning, Woodland Hills-based FatTail (www.fattail.com) announced a venture round from Velocity Interactive Group for its software for managing online advertising. Obviously, we were looking at all kinds of solutions to make the process of buying and selling easier, especially in the network which we had built.