L.A. Business Journal

JANUARY 8, 2018

GoPro announced layoffs and cost-cutting as the camera and software company exits the drone business; video doorbell maker Ring has acquired light maker Mr. Beams; and the founder of dating app Grindr is stepping down following the company’s acquisition by a Hong Kong-based mobile gaming company.

Layoffs 170

Layoffs Acquisition Mobile Report 170

socalTECH

JANUARY 14, 2010

Calabasas-based Ixia , a developer of network testing tools and software, is reporting this morning that it has implemented a "cost reduction initiative" and cut 80 positions from the firm, in what it said was primarily an elimination of duplicate resources from the company's October acquisition of Agilent's N2X product line.

Layoffs 133

Layoffs Calabasas Resource Tool 133

TechCrunch LA

OCTOBER 19, 2019

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. Livingston had tweeted that Kik had signed a letter-of-intent with a “great company,” but that it was “not a done deal.”

Social Network 153

Social Network Los Angeles Social Media Blogging 153

socalTECH

MAY 23, 2012

In what is a huge blow to Silicon Beach, Santa Monica-based BetterWorks , the software-and-technology-meets-employee-perks startup run by Paige Craig, told its users today that it is sunsetting its site on May 31st. BetterWorks--and Paige Craig--have been one of the companies driving the growth in Santa Monica's Silicon Beach.

Santa Monica 275

Santa Monica Redpoint Email Activity 275

socalTECH

JANUARY 16, 2013

Lockerz , the Seattle-based social shopping and e-commerce site backed by Kleiner Perkins Caufield & Byers, has axed the company's San Diego office, in addition to laying off around 30 percent of its staff.

San Diego 164

San Diego Commerce Acquisition Sites 164

socalTECH

JANUARY 24, 2013

THQ detailed the sale Wednesday night, saying the company's estate will receive approximately $72M in total through the sales of its owned studios and games in development. Relic Studios goes to Sega Corporation for $26.6M; Volition and Metro: Last Light went to Koch Media GmbH for $22.3M READ MORE>>.

THQ 153

THQ Sales Agoura Hills Agoura 153

Xconomy

JULY 1, 2016

Andrea Davis looks at company programs trying to boost the Hoosier State’s talent pool—and get more college grads to stay in the area. No PhD, “No Fear”: Alice Zhang, 27, Aims Software at Neuro Diseases. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. If you read only a few of our stories this year, read these.

Artificial Inteligence 40

Artificial Inteligence Layoffs Report Startup 40