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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Fastly was founded to meet developers’ need for greater visibility and control.

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PacketFabric Acquires RSTOR

socalTECH

Culver City-based PacketFabric, a provider of optical network services for the enterprise market, said this morning that it has acquired RSTOR, a Saratoga, California-based cloud-based storage and data mobility products. Financial terms of the acquisition were not announced. PacketFabric is led by CEO Dave Ward.

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NantHealth Buys OpenNMS

socalTECH

Culver City-based personalized medicine and healthcare technology developer NantHealth announced this morning that it has acquired The OpenNMS Group , a developer of open source, network management software. Financial details of the acquisition were not announced. OpenNMS is based in Morrisville, NC. READ MORE>>.

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Maker Studios Acquired By Disney For $500M

socalTECH

Culver City-based YouTube network Maker Studios has been acquired by Burbank-based Walt Disney Company , in a deal worth $500M, plus up to $450M in performance earn out. Maker operates a network of YouTube content channels--over 55,000--which gets 5.5 Disney said Maker Studios will remain headquartered in Culver City.

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Zealot Networks Acquires AllScreen

socalTECH

Los Angeles-based Zealot Networks , the digital media company led by Danny Zappin, said last week that it has acquired Culver City-based AllScreen , a video syndication company. Financial terms of the buy were not disclosed. Zealot said the buy will help it with both distribution and technology.

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Purch Acquires ShopSavvy For Mobile Shopping Apps

socalTECH

Financial terms of the acquisition were not disclosed. Purch has offices in Culver City, thanks to its acquisition of Tom's Guide a few years ago , when Purch was known as Best Media Network. ShopSavvy develops a barcode scanning and mobile shopping app which highlights local sales for retailers.

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Purch Raises $135M To Grow Online Publishing Empire

socalTECH

Purch , the online publishing company with offices in Culver City that owns Tom's Guide, TopTenReviews, Laptop, and other online publications, has raised $135M in a Series C funding round. The company--until recently known as Tech Media Network--said the funding goes towards strategic acquisitions. READ MORE>>.