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Santa Barbara-based CALIENT , the developer of optical MEMs switching technology, has been acquired by Chinese company Suzhou Chunxing Precision Mechanical Co., Financial terms of the acquisition were not announced. the two said this morning. CALIENT said it will remain in Goleta. READ MORE>>.
Irvine-based aesthetic medical device developer Syneron Medical announced late Monday evening that it has become a private company, in a $400M go-private deal with Apax Partners. According to Syneron Medical, funds advised by Apax Partners paid $11.00 per share in cash for the company. The deal had originally announced on April 3rd.
The huge importance of this is that when you have a high-level of loyal customers you get repeat purchases that are significantly more profitable because you’re not spending new acquisition dollars acquiring them. companies that have to spend too heavily on customer acquisition). Get Physical!
With its announcement of a land acquisition in Las Vegas last month, the developer of a high-speed rail line between Las Vegas and Southern California now has land for two key stations.
Triller Network, the owner of the Triller social media app and several streaming businesses, announced April 14 that it had acquired live event and pay-per-view platform Fite and had reached an agreement to purchase software developer Truverse Inc., doing business as Amplify.ai.
and continues development of its full-body suit. but also those hospitals are introducing her to other hospitals which is the best form of customer acquisition. The funding gives the company fuel to grow as it expands into the U.S. Chayo plans to partner with up to 15 hospitals across the U.S. by the end of the year.
In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots , a Los Angeles-based developer of electric vehicle charging and energy management technologies.
San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online.
Axos Financial said the acquisition would be immaterial to its finances. Financial details of the all-cash transaction were not announced. WiseBanyon provides personal finance and investment management tools and its own technology platform, and was based in Las Vegas.
Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena Technology Acquisition Corp.,
The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur.
based company, San Vicente Acquisition Partners. The app, originally developed in Los Angeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based That ownership was later scrutinized by a U.S.
Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. According to QAD, its shareholders will receive $87.50 per share in cash from Thoma Bravo, in an all-cash transaction.
And n ow, even with the economy continuing to collapse, the company is on the prowl for new acquisitions and expects to spend tens of millions of dollars on new deals. The PlayerFM deal stands out as an example of what the company looks for in an acquisition target, said Ritter. ”
Many have seen the acquisition as an attempt to fight back against Shopify's rampant growth during the coronavirus pandemic. The Amazon/Selz Acquisition. It also offers a $599 per month “Do It For Me” option which will see Selz' own team of developers build a bespoke site to your specifications. Test Score. .
Coding bootcamps--which offer short term training on technical skills, such as software development--have become popular in recent years to gain practical experience in technical fields. Financial details of that acquisition were not given.
But if your goal is to develop an audience that can be monetized in other ways, I’ll repeat my argument “you need to fish in the pond where the fish are.” And here’s the thing … YouTube PAYS YOU to develop these audiences. ” I’ve given some specific advice on how to do this before.
Urban Movement Labs, launched in November 2019, is a public-private partnership involving local government and companies to develop, test and deploy transportation technologies. Archer Aviation reached an agreement in early February to merge with special purpose acquisition company Atlas Crest Investment Corp.,
Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs. Financial details of the acquisitions were not announced. TS2 Holdings is led by CEO Yoshii Iyadomi.
Los Angeles-based Seed Health, which is focused on microbial sciences, says it has acquired Auggi, a digital health company which develops artificial intelligence and machine learning software to track and analyze digestive health. Financial details of the acquisition were not announced.
SketchAR — this Lithuanian company is developing an AI-based mobile app for teaching drawing using augmented reality. Stipop — a Seoul-based sticker API developer with a library of over 100,000 stickers created by 5,000 artists. The latest cohort from Snap’s Yellow accelerator.
and Yorktown Partners LLC, and develops, constructs, and operates renewable power and storage projects for the commercial and industrial market. Convention Center--has been acquired by Colorado-based Catalyze, the companies said on Monday. Financial details of the deal were not announced. Catalyze is backed by EnCap Investments, L.P.
LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 Those cloud technologies presented new challenges for the kind of privileged access management technologies that Poghosyan had developed.
If you are on the lower complexity end, the key is defining small chunks of work that can be done quickly by a developer. Equity-Only CTO and Equity-Only Developers Technology Roles in Startups Want to Know the Difference Between a CTO and a VP Engineering? The "Questions" post is probably the most important.
Irvine-based NextGen Healthcare , a provider of software for the medical, behavioral and dental provider market, has acquired Medfusion , a developer of "patient experience" software, in a deal worth $43M in cash, the company announced this morning. NextGen Healthcare said it expects the acquisition to close in early December 2019.
Redland-based GIS software giant Esri announced on Friday morning that it has acquired ClearTerra , a developer of data extraction technology, from ClearShark, LLC. Financial details of the acquisition were not announced. According to Esri, it will use the technology acquisition to add those same features to its ArcGIS platform.
Santa Monica-based Tapatalk , which develops mobile community software apps used heavily by online forums, has acquired Panjo , a marketplace for gear for auto, sport, and hobby enthusiasts. Financial details of the acquisition were not announced. Tapatalk said the deal was for cash and stock.
Santa Barbara-based Invoca, which develops call tracking and other customer tracking software, says it is on the path towards $100M in annual recurring revenue (ARR) by the end of its fiscal year. The company did not disclose its current revenues, but said it has seen "record growth" in the first half of FY21.
Business Development - Biz Dev is hard. Customer Acquisition - I left customer acquisition for last intentionally. You’re a startup and every major company you meet is trying to size you up as to whether it’s worth their time striking a deal with you. ” You get the call. Ironic, of course. I promise.
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.
“the ecommerce company gained fauxmentum by raising artificially high amounts of venture capital and spent lavishly on customer acquisition despite long payback periods and questionable LTV” __. In the ecommerce arena I see some great companies spending heavily on customer acquisition. __. faux·men·tum.
Los Angeles-based cloud-based operations and document management software developer Docupace, which serves the wealth management industry, says it has acquired jaccomo, which develops a compliance, data integration, financial reporting, and advisor compensation accounting system. Financial details of the acquisition were not announced.
“Our team couldn’t be more excited about the opportunity to join Fastly to continue to drive forward security protections that empower developers. Fastly was founded to meet developers’ need for greater visibility and control.
San Diego-based Portfolium , a startup developing tools to allow students to showcase their achievements, projects, and other portfolio of academic work to potential employers, has been acquired by educational software provider Instructure , the two announced late Tuesday. Financial details of the acquisition were not announced.
The massive windfall won’t mean anything for Scopely’s strategy as the already wildly profitable business continues to grow both organically and through its acquisition strategy of major mobile gaming studios, according to co-chief executive, Walter Driver. billion, according to a person familiar with the financing.
Financial details of the acquisition were not announced. According to Esri, indoo.rs's headquarters in Vienna, Austria will serve as a new research and development center for the company. Redland-based geographical information systems (GIS) giant Esri announced today that it has acquired indoo.rs
Sales people (and website customer acquisition folks) all think in terms of funnels and yet non-sales professionals seldom do. It doesn’t matter if it’s recruiting, business development, shipping product, writing blog posts, networking … it’s all the same. Lots of people start, very few finish.
RedBeacon went on to sell to HomeDepot in what was considered a very successful acquisition on all sides. But Ethan had left by the time of the acquisition. Because I knew that Ethan was on to a powerful idea and one in which he had developed huge competence and domain knowledge in. Nice sweep!
Symplr, the enterprise healthcare software developer which is owned by Santa Monica-based private equity investor Clearlake Capital Group, has acquired SpinFusion, a developer of healthcare scheduling software. Financial details of the acquisition were not announced.
That includes the launch of its Los Angeles cloud region last year, as well as its acquisition of the Zync cloud renderer back in 2014. Google, of course, is interested in bringing these workloads to its cloud and it has made a concerted effort to bring the Hollywood studios to its Cloud Platform.
We have a large number of highly talented engineers and entrepreneurs now developing companies in our local market. AOL committed to keeping the team in LA after the acquisition and in building a deeper technology team in town. We know the perceptions you have of our market from our past.
The first rule: 10/40: One of my company CEOs recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises. This CEO states that he has made it work twice when acquiring companies, and that is enough for him to make it his rule for all future acquisitions.
San Diego-based green technology developer Nuuve , which is developing technology which allows electric vehicles to be used to help store power for the electrical grid, has gone public via a Special Purpose Acquisition Company (SPAC). which is listed on the NASDAQ as NBAC. The company's CEO is Gregory Poilasne.
Los Angeles-based wellness app developer Blue Fever, a startup which is backed by Amazon's Alexa Fund, said on Tuesday that it has acquired Trill Project, a developer of a social network built focused on self-care for teens. Financial terms of the acquisition were not announced.
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