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TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

socalTECH

Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. TeleSign will continue to be run by CEO Aled Miles.

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Provide Commerce Buys Personal Creations

socalTECH

San Diego-based Provide Commerce , the parent firm of ProFlowers, RedEnvelope, Cherry Moon, and other ecommerce operations, announced this morning that it has acquired personalized gifts company Personalized Creations. Provide Commerce is headed by Bill Strauss, and is now a wholly owned subsidiary of Liberty Media.

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Provide Commerce Buys Mobile Gifting Firm Sincerely

socalTECH

San Diego-based Provide Commerce , the company which owns such brands as ProFlowers, RedEnvelope, Gifts.com, and other e-commerce sites, announced this morning that it has purchase mobile gifting startup Sincerely, Inc. Financial terms of the acquisition were not disclosed. Sincerely had been based in San Francisco. READ MORE>>.

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CPO Commerce Acquired By United Stationers

socalTECH

Pasadena-based CPO Commerce , an e-commerce company focused on tools, equipment, outdoor and yard equipment, and other related products, has been acquired by United Stationers. United Stationers said the move would help bolster its e-commerce expertise. United Stationers said the move would help bolster its e-commerce expertise.

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Demand Media Buys E-Commerce Marketplace Society6 For $94M

socalTECH

Santa Monica-based Demand Media has acquired Society6 , an online e-commerce marketplace centered around artists, the company announced Monday afternoon, as part of an effort to expand its content and media platform. artist acquisition merger marketplace ecommerce society6 media demand' READ MORE>>.

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. But if you ask anyone in the ecosystem of customer acquisition?—?founders, and you’ll hear the same thing: customer acquisition (CAC) is getting harder and more expensive.

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Internet Brands 2009 Acquisition Total: $24.2M

socalTECH

in acquisitions, earnout, and holdbacks during 2009, as part of its 2009 fiscal results release. The firm's results were helped by increases in consumer Internet advertising revenue and licensing revenues, but hurt by a continuing weakness in its automotive e-commerce efforts. Los Angeles-based Internet Brands revealed it spent $24.2M