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NextSpace Expands Beyond California With New Funding, Chicago Acquisition

socalTECH

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California. READ MORE>>.

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Vista Equity Sells Majority Of Websense To Raytheon

socalTECH

Vista Equity Partners the private equity firm which as been gobbling up San Diego high tech companies and moving them to Texas--has agreed to sell 80 percent of Websense to defense company Raytheon , the three said today. Vista Equity will also invest another $335M in the companies for a 19.7 READ MORE>>.

Equity 100
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Biotech Roundup: Deals Gone Wrong, Ethical Red Flags & Bay Goodbyes

Xconomy

But billions of dollars in acquisitions will be left by the side of the road. Merck also saw some expected fruits of its 2014 big-ticket acquisition of Cubist Pharmaceuticals wither away this week, as the Supreme Court wouldn’t reverse a decision that shaved years off the patent life of the top-selling antibiotic daptomyicin (Cubicin).

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Events.com: Creating A New Events Management Software Giant, with Gregg Parise

socalTECH

Gregg also spoke to us about how the move of Active Network out of San Diego-a huge dislocation for the local high tech communityactually benefited Events.com, by allowed it to quickly ramp up its employee base and offerings, particularly since one Event.com''s Chairman was a co-founder of Active. How are you funding all of this?

Software 100
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10 Reasons To Start A Company In An Economic Downturn

InfoChachkie

There has recently been a common theme among the entrepreneurs I have interviewed and the conferences I have attended: despite the relatively weak state of the world economy, now is a great time to create a high-tech startup. Money is plentiful for those who understand the simple laws which govern its acquisition.”.

Company 257
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Top 57 Online Startups Meets Technology Meets Product Posts for November 2010

SoCal CTO

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. The United States is now a debtor nation to China and that the bill is about to come due. It may be that all the doomsayers are right. But I don’t think so.