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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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Report: Snapchat Turns Down $3 Billion Offer From Facebook

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In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

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Awesomeness.TV Among Fastest Exits, Best ROI Ever On Silicon Beach

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The acquisition of Awesomeness.TV The firm was only challenged by the recent acquisition of GoodReads, which has an estimated 100x return. analysis acquisition merger exit goodreads dreamworks hollywood content awesomeness' In an analysis stretching back to all of the exits logged in our data since 1996, Awesomeness.TV

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j2 Global Launches $415M Hostile Bid for Carbonite

socalTECH

j2 Global--despite a low profile in the overall high tech sector--has been a ravenous acquirer, and has accumulated a huge line of cloud-based services (fax, email, backup, cloud apps, and much more) from across the world, and is also the owner of Ziff Davis. storage hostile cloud backup online carbonite acquisition merger global'

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How Broadcom Taps Israel For Technology Growth, Innovation

socalTECH

By acquisitions, it seems. As an unintended side effect, those acquisitions have made Broadcom a major player in Israel's high tech industry , according to the article from ZDNet, where the firm has acquired 11 companies in the last four years. How is Irvine-based Broadcom continuing to grow its business?

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Southern California Firms Queue Up For The Public Market

socalTECH

The long list of Southern California high tech companies lined up for the public markets just got a little longer this morning, with the addition of Inphi Corp. The high level of IPO activity--if those firms manage to make it to market--would make this year one of the most active IPO years here since the dot com bust.

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Ingram Micro Buys ANOVO

socalTECH

Santa Ana-based computer and electronics distributor Ingram Micro said over the holiday weekend that it has made a binding ofer to acquire Paris, France-based ANOVO , a provider of reverse logistics and repair services for high tech products. ingram micro anovo computer electronics merger acquisition' READ MORE>>.

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