Remove Acquisition Remove Definition Remove Sales Remove San Diego
article thumbnail

Qualcomm Completes Omnitracs Sale; Omnitracs Buys Roadnet

socalTECH

San Diego-based Qualcomm said late Monday that it has completed its sale of OMnitracs , the company''s GPS fleet management software and products division, to private equity firm Vista Equity Partners. Financial details of the Roadnet Technologies acquisition were not announced. READ MORE>>.

Sales 138
article thumbnail

Inseego Resets Effort To Gain Approval For MiFi Sale, Again

socalTECH

San Diego-based Inseego --the company once known as Novatel Wireless --along with Jade Ocean Global Limited , which is a subsidiary of T.C.L. The firms said that the withdrawal, and immediate re-filing, of its request, is intended to provide additional time to provide a "definitive mitigation agreement" for approval from CFIUS.

Sales 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. It has made some 15 acquisitions in the last two years, including Boston Organics and EJ Food Distributor this year.

article thumbnail

Wireless Info Tech Acquired By Chinese Firm

socalTECH

San Diego-based Wireless Info Tech Ltd., According to VanceInfo Technologies, it has entered into a definitive agreement to acquire Wireless Info Tech, in a deal worth $1.08M in cash plus stock. VanceInfo said that Wireless Info Tech had sales of approximately $3M for the eight months ending August 31st.

Offshore 100
article thumbnail

Startup M&A: Why a Letter of Intent Deserves Your Full Attention

Xconomy

If buyers and sellers don’t have a meeting of the minds early on in the game, it’s possible that, deeper into negotiations, the proposed terms in the definitive agreement could derail weeks of work, wasting everyone’s time and energy. — The structure : Will the deal be an asset sale? A stock sale?

Startup 57
article thumbnail

Success, Santa Barbara Style: Patagonian Sexwax With A Side Order of UGGS

InfoChachkie

When you can live where you want to live and make money doing what you love to do, you are, by my definition, a screaming success. billion dollar acquisition by LinkedIn to Bessemer’s substantial investment in ProCore , AppFolio ’s recent IPO filing and Sonos ’ $130 million secondary, the Santa Barbara tech scene is unquestionably on fire.