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Mission Debuts Managed Services, Cloud Consulting After Merger

socalTECH

The company--led by longtime cloud and hosting services veteran Simon Anderson--offers up managed services and consulting for cloud platforms like Amazon Web Services (AWS) and Microsoft Azure.

Services 133
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Science Launches Its Own SPAC

socalTECH

Santa Monica-based Science, the startup studio led by Mike Jones and Peter Pham, has launched its own Special Purpose Acquisition Company (SPAC), called Science Strategic Acquisition Corp. According to Science Strategic Acquisition Corp. Alpha (SSAA).

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.

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Inside Secure Becomes Verimatrix

socalTECH

Inside Secure paid $147M, mostly in cash, for Verimatrix as part of the acquisition deal in March. The combined companies develop everything from set-top boxes and security services for the telecom, entertainment, mobile and semiconductor industries. The company says it now has more than 400 employees.

San Diego 113
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Fox Mobile Group Sold By News Corp.

socalTECH

Beverly Hills- and Berlin, Germany-based Fox Mobile Group , which offers mobile content distribution and mobile entertainment products, has been sold to Jesta Group , Jesta said Wednesday. Jesta said Fox Mobile Group will become part of Jesta Mobile Holdings. Financial terms of the deal were not disclosed.

News 133
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Mail.com Buys Entertainment Blog

socalTECH

Los Angeles-based Mail.com Media Corporation , which operates the email service Mail.com, said today that it has acquired an entertainment focused blog, DeadlineHollywoodDaily.com. Tags: mail.com mail media merger acquisition deadlinehollywooddaily blog content email. Financial terms of the deal were not disclosed. READ MORE>>.

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Verimatrix Acquired By InsideSecure For $147M

socalTECH

San Diego-based Verimatrix , a developer of security software for video service providers, set top-box providers, and others, has been acquired by French company Inside Secure , according to Inside Secure. Inside Secure paid $138.1M in cash, plus up to $9.8M in escrow to cover potential post-closing adjustments and earnout.

San Diego 113