socalTECH

JANUARY 24, 2013

Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers. 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. READ MORE>>.

THQ 153

THQ Sales Agoura Hills Agoura 153

socalTECH

JUNE 8, 2017

San Diego-based Inseego , the developer of the MiFi wireless hotspots, has aborted its plans to sell off its MiFi division to Chinese company TCL Industries Holdings (H.K.) Limited , and has embarked on a massive restructuring of the company. Inseego said it would immediately recommit to the Mi-Fi business. READ MORE>>.

Sales 113

Sales Technical Review San Diego Acquisition 113

Berkonomics

SEPTEMBER 24, 2015

There are only two types of companies -those which have achieved positive cash flow and those which have not. While it is easy to divide all companies into just these two groups, this simplification ignores whether management has made a conscious, strategic choice about their growth. By John Huston.

Layoffs 120

Layoffs Sales Acquisition Startup 120

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. The company also is now seeking a buyer. READ MORE>>.

Demand 100

Demand Sales Los Angeles Invest 100

socalTECH

DECEMBER 12, 2008

Autobytel said that the move affects approximately 40 employees at the company, and will save the company approximately $5.2M Coats has been named the company's President and CEO, replacing current CEO Jeff Riesenbach. in the fourth quarter for the layoffs, including severance for Riesenbach. annually in costs.

Layoffs 100

Layoffs Sales Invest Capital 100

socalTECH

DECEMBER 9, 2019

The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. According to a memo leaked from Wag's new CEO, Garrett Smallwood, the company is also laying of a number of employees as it looks to have a capital base that is "right-sized to the needs of our business and strategy". READ MORE>>.

Demand 100

Demand Los Angeles Sales Invest 100

Xconomy

JULY 1, 2016

There was plenty more biomedical news this week, from a downsized IPO to downsizing companies, while ugly sexual harassment details emerged in Seattle. percent of the nation’s cancer cases… two Texas IT companies are building a database with the Medicare records of 1 million cancer patients and will open it to public analysis.

Buzzfeed 59

Buzzfeed News Pricing IBM 59