article thumbnail

Activist Investor Third Point Urges Amgen Split

socalTECH

Thousand Oaks-based biotech giant Amgen is a target of activist investor group Third Point , urging the company yesterday to split the company in two. amgen third point activist investors merger acquisition split private equity thirdpoint' READ MORE>>.

article thumbnail

Xirrus Acquired By Riverbed

socalTECH

Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed , to help bolster its SD WAN efforts, the two said on Wednesday. Financial terms of the acquisition were not announced. The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SunBrite TV Acquired By SnapAV

socalTECH

Thousand Oaks-based SunBrite TV , a manufacturer of large screen, HDTV screens specifically designed to be installed outdoors, next to pools, on patios, and elsewhere, has been acquired by SnapAV , which is owned by private equity investor General Atlantic. Financial terms of the acquisition were not disclosed.

article thumbnail

Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.