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LinQuest Completes TMC Design Acquisition

socalTECH

Los Angeles-based LinQuest, a provider of space systems and related technology for the defense and intelligence market, said it has completed its acquisition of TMC Design Corporation, a provider of engineering, development, and integration company with expertise in electromagnetics, digital signal processing, and radio frequency communications.

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imFORZA Spins Out of The Design People

socalTECH

El Segundo-based imFORZA , an online Internet marketing agency, said today that it has been acquired and spun off from parent company The Design People. Financial terms of the acquisition were not disclosed. The firm said its is now owned and managed by Vinny La Barbera, who was previously President of imFORZA under The Design People.

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Oculus Buys Carbon Design

socalTECH

Irvine-based virtual reality technology developer Oculus VR --now owned by Facebook--said Tuesday that it has acquired the team behind Carbon Design , an industrial design and product engineering team. Financial details of the acquisition were not disclosed. Carbon Design''s project include the Xbox 360''s game controller.

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Teledyne Buys Remainder Of Ocean Design

socalTECH

has acquired the remaining portion of Ocean Design that the firm did not own. to acquire the remaining 11 percent of Ocean Design. Ocean Design is a Florida-based manufacturer of undersea, electrical and fiber-optic interconnect systems used in oil and gas production, oceanographic research, and military applications.

Design 140
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Platinum Equity Buys Quark, Eyes Acquisitions

socalTECH

Platinum did not disclose financial details of the buy, however, said that it is looking to expand Quark's product breadth and depth, plus create an acquisition strategy. Quark's software is used by publishers to help lay out the design of their pages; publish data in XML; automating publishing of page layout, and more.

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Cymer Acquisition By ASML Completes

socalTECH

San Diego-based laser light engine provider Cymer is now officially part of ASML , after the completion of ASML''s acquisition of Cymer Thursday. Cymer''s laser light sources are used in the semiconductor lithography area, used as part of the process of laying out designs on integrated cruits. The deal was worth $2.5 READ MORE>>.

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Kunlun Group Limited Completes Acquisition of Grindr

L.A. Business Journal

Hong Kong-based mobile gaming company Kunlun Group Limited has closed on its purchase of the remaining stake of Grindr LLC, a gay men’s dating app located in West Hollywood’s Pacific Design Center, the companies announced Monday.