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QAD Completes Allocation Network GmbH Acquisition

socalTECH

Santa Barbara-based QAD, which develops software for the manufacturing sector, said Tuesday afternoon that it has completed its acquisition of Allocation Network GmbH. Financial terms of the acquisition were not announced. Allocation Network GmbH was based in Munich, Germany. QAD is led by CEo Anton Chilton.

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CALIENT Acquired By Chunxing

socalTECH

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>>.

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Emergent Microgrid Acquired By Electriq Power

socalTECH

Santa Barbara-based Emergent Microgrid , a developer of community microgrids in Santa Barbara and Montecito, in an apparent acquisition deal with smart home battery manufacturer Electriq Power. Electriq Powersaid it will incorporate Emergent's software tools into its capabilities.

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Yardi Buys Another Service Provider

socalTECH

Santa Barbara-based Yardi , which develops real estate and property management software, has acquired another firm, saying Thursday tht it has acquired the Multifamily Services Group (MSG) unit of ista North America. Financial terms of the acquisition were not disclosed. The unit has employees in Alpharetta, Ga.,

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Yardi Buys WUN Systems For Coworking Software, Systems

socalTECH

Santa Barbara-based real estate management software developer Yardi has acquired WUN Systems , the developer of technology used to manage coworking and shared workspaces, the company said late Wednesday. Financial details of the acquisition were not announced. WUN Systems' CEO was Dale Hersowitz.

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Interview with Elizabeth Cholawsky, HG Data

socalTECH

For this morning's interview, we caught up with Elizabeth Cholawsky , the new CEO of Santa Barbara-based HG Data (www.hgdata.com), which develops software which helps marketers and salespeople understand the "technology stack" of their potential customers and prospects. So, I cam on board.

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Ansible Acquired By Red Hat For Around $100M

socalTECH

Santa Barbara-based Ansible > , a developer of IT automation software, has been acquireed by Red Hat , to help bolster Red Hat's management capabilities for hybrid and OpenStack clouds, and container-based services. Financial terms of the buy were not disclosed, however, reports say the deal was worth around $100M.