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indie Semiconductor Acquires TeraXion

socalTECH

Aliso Viejo-based indie Semiconductor, a developer of semiconductors for the automotive industry, says it has signed a definitive agreement to acquired TeraXion, a designer and manufacturer of photonic components. According to indie, the acquisition will help it in the rapidly growing LiDAR market.

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Hiring Developers Before Product/Market Fit?

SoCal CTO

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. These companies are very early-stage and definitely have not shown product/market fit. The startup founder is definitely not ready to hire a CTO. Far from it. They are very early.

CTO Hire 205
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QAD Acquiring German Company, Allocation Network GmbH

socalTECH

Santa Barbara-based QAD , which develops enterprise software used in the manufacturing sector, says it is in a definitive agreement to acquire a German company, Allocation Network GmbH , which provides strategic sourcing and supplier management.

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MSC.Software Gets $360M Acquisition Offer

socalTECH

Santa Ana-based MSC.Software , a developer of simulation and design software, has received a $360M acquisition offer from a group of private equity investors. the two have entered into a definitive agreement to acquire all of MSC. Tags: software simulation merger acquisition buyout private equity. READ MORE>>.

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Blacksmith Medicines Merges With Forge Therapeutics

socalTECH

San Diego-based Blacksmith Medicines and Forge Therapeutics said Monday that the two companies are in a definitive merger agreement. According to the two, they will focus on the development of medicines targeting a large class of proteins called metalloenzymes, with initial focus on oncology and infection.

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Guidance Software Acquires CaseCentral

socalTECH

Pasadena-based Guidance Software , which develops digital forensics and e-discovery software, said Tuesday afternoon that it has signed a definitive agreement to acquire CaseCentral , a developer of electronic discovery software. The acquisition brings the total number of employees at Guidance Software to nearly 500.

Software 202
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Ixia Buys BreakingPoint Systems

socalTECH

Calabasas-based Ixia , the developer of network testing equipment and software, announced this morning that it is in a definitive agreement to acquire BreakingPoint Systems , a developer of security testing tools. The deal is worth $160M in cash. Ixia said that BreakingPoint had revenues of $33.5M

Calabasas 215