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iSuppli Acquisition Completes

socalTECH

The acquisition of El Segundo-based iSuppli , worth $95M, has completed, according to acquiring firm IHS Inc. IHS said late Friday that the deal also included Screen Digest, a digital media and technology research company which was recently acquired by iSuppli. The acquisition had originally been announced on November 2nd.

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The Gores Group Buys Touchscreen Interface Company

socalTECH

Los Angeles-based The Gores Group , the private equity investment firm, reported this morning that it has completed its acquisition of touch screen technology provider TE Connectivity. The deal was worth $380M in cash. Elo Touch was based in Menlo Park, California. Gores said that Elo Touch Solutions had sales of $413M in fiscal 2011.

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Illumina Acquires GRAIL For $8 Billion

socalTECH

GRAIL is developing a multi-cancer screening test. GRAIL was spun out of Illumina in 2016 as a standalone company. Illumina and GRAIL said the acquisition is split between $3.5 billion in cash and $4.5 billion in shares of Illumina common stock. READ MORE>>.

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TutorMe Acquired By Zovio

socalTECH

Los Angeles-based TutorMe , a provider of online tutoring services, has been acquired by San Diego-based Zovio , the companies announced this morning. Financial terms of the acquisition were not announced. Zovio said the deal will expand the scope of the services it offers to higher education partners. READ MORE>>.

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Arianna Huffington’s Thrive Global is buying a startup that uses neuroscience to boost app usage

TechCrunch LA

Now, Thrive Global is adding a tech tool to its arsenal of cognitive behavioral therapies with the acquisition of the Los Angeles-based startup, Boundless Mind. Meet the tech company that wants to make you even more addicted to your phone. Meet the tech company that wants to make you even more addicted to your phone.

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Illumina Buys BlueGnome

socalTECH

San Diego-based Illumina , the developer of life sciences tools, said this morning that it has acquired BlueGnome , a UK-based provider of in-vitro fertilization and cytogenetics screening products. Financial terms of the acquisition were not announced. Illumina said that BlueGnome has become a wholly owned subsidiary of the company.

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HireRight Acquires UK Firm

socalTECH

Irvine-based HireRight , a provider of on-demand employment screening and drug screening services, announced today that it has acquired Powerchex Limited , a pre-employment screening firm based in the United Kingdom. Powerchex provides pre-empoyment screening to companies in the UK, and was founded in 2005.

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