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3Tera Acquisition Completes

socalTECH

CA announced Thursday that it has completed its acquisition of Irvine-based 3Tera , a developer of virtualization and cloud computing products. 3Tera's products are used to manage the deployment of both public and private cloud computing. READ MORE>>.

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Reliam Acquires G2 Tech, Plans Rebrand

L.A. Business Journal

South Bay-based cloud computing service provider Reliam announced May 23 the acquisition of Boston-based G2 Tech Group for an undisclosed sum.

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Solarflare Acquired By Xilinx

socalTECH

Financial details of the acquisition were not anounced. Solarflare's network interface cards are used in cloud computing, fintech, and other data center applications, where applications require low latency network access. According to Xilinx, the deal will help the company accelerate its "data center first" strategy.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 It seems Los Angeles is becoming an enterprise software hotspot. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

ELC is known for its cloud computing applications development, and Ruby On Rails development. As part of the acquisition, ELC founder Siegel joins venture capital firm Accel Partners in London, as a venture partner. Financial terms of the deal were not disclosed. According to ELC Technologies, Rahmat takes the helm of ELC.

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Ziff Davis Spins Out Consensus Cloud Solutions

socalTECH

Los Angeles-based Ziff Davis (which until recently was known as J2 Global) has spun out its cloud computing business, Consensus Cloud Solutions, into a new, publicly traded company. According to Consensus, it began trading on the Nasdaq under the symbol CCSI on Friday. Consensus is being led by CEO Scott Turicchi.

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DreamHost Raises $30M

socalTECH

Dreamhost offers up a wide range of web hosting services, including domain name registration, web hosting, Wordpress hosting, cloud computing, cloud storage, and other services. acquisition merger funding debt capital venture colocation hosting dreamhost' The company said the financing closed November 27th. READ MORE>>.