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Xencor Files For IPO

socalTECH

Monrovia, California-based biopharmaceuticals developer Xencor has filed for an IPO, saying in a filing this morning that it looking to raise up to $69.0M Xencor, which is led by Bassil Dahiyat, develops engineered monoclonal antibodies, which are being used to treat autoimmune and allergic diseases, cancer and other conditions.

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AeroVironment Lands $7.8M Order

socalTECH

Monrovia-based Aerovironment , the developer of unmanned aircraft systems, reported this morning that it has scored a new $7.8M Aerovironment's Raven is a handheld, 4-2 pound UAS used for reconnaissance, surveillance, and target acquisition. order from the U.S. Marine Corps. READ MORE>>.

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Green Dot Completes Loopt Buy

socalTECH

Monrovia-based Green Dot , the provider of prepaid debit card products, reports today that it has completed its acquisition of Mountain View-based mobile social networking developer Loopt. Green Dot had announced the acquisition in March. The deal was worth approximately $43M in cash. READ MORE>>.

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Xencor Sets IPO Pricing

socalTECH

Monrovia, California-based Xencor has set the initial offering price for its IPO, saying in a filing Thursday morning that it will offer up 10,700,000 shares of its common stock at $7.00 The company develops biopharmaceuticals technology. exit acquisition merger biopharmaceuticals biopharma xencor' and $16.00 and $16.00

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Green Dot Acquires Loopt

socalTECH

Monrovia, California-based Green Dot , the prepaid debit card provider headed by Steve Streit, said this morning that it has acquired Silicon Valley mobile social networking firm Loopt. in cash for Loopt, which will become its Silicon Valley hub for its mobile technology and product development team. Green Dot said it will pay $43.4M

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Xencor Prices IPO

socalTECH

Monrovia-based biopharmaceuticals developer Xencor said this morning that it has priced its IPO, at $5.50 xencor biopharma biopharmaceuticals merger acquisition exit lifescience' READ MORE>>. xencor biopharma biopharmaceuticals merger acquisition exit lifescience' READ MORE>>.

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AeroVironment Scores $8.4M Order

socalTECH

Monrovia-based AeroVironment , the developer of unmanned aerial vehicles, said Tuesday that it has scored a $8.4M AeroVironment's Raven is being used by the military for reconnaissance, surveillance and target acquisition. The order is part of a follow-on contract with the U.S. READ MORE>>.

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