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The coworking trend--which started in part in Southern California and its hightech 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>>.
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>>.
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
j2 Global--despite a low profile in the overall hightech 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'
By acquisitions, it seems. As an unintended side effect, those acquisitions have made Broadcom a major player in Israel's hightech 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?
The long list of Southern California hightech 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.
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 hightech products. ingram micro anovo computer electronics merger acquisition' READ MORE>>.
Ross Levinsohn , the publisher and CEO of the Los Angeles Times --and longtime, influential veteran of Southern California's hightech industry--is under investigation by the owner of the LA Times, Tronc, after an in-depth examination of Levinsohn's conduct by NPR during his time in the hightech industry. READ MORE>>.
Another day, another Southern California hightech company on the block: Newport Beach-based semiconductor developer Mindspeed said late Tuesday afternoon that it has retained Morgan Stanley & Co., mindspeed investment banker merger acquisition semiconductor electronics' READ MORE>>.
Without all of you, we wouldn't be able to keep you updated on Southern California's hightech news and companies. Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County HighTech Report. www.socalip.com) Focused on hightech's unique need - Pragmatic cost-effective IP.
The publicly listed company hit the public markets in late 2020 via a special purpose acquisition company (SPAC). The company has shown off a number of renderings of potential, hightech vehicles, but does not plan to bring any vehicles to market before Q4 of 2022.
Santa Monica-based augmented reality, air combat training technology developer Red 6 said on Thursday that it has added Dr. Will Roper, former Assistant Secretary of the Air Force for Acquisition, Technology and Logistics (AT&L).
The company--which is likely the most active acquirer of companies in Southern California's hightech economy--says it acquired FES IQ , a company in the digital media space, and Buffered VPN , a provider of cloud services based in Gibraltar. READ MORE>>.
San Luis Obispo-based Crystal Engineering , a developer of hightech, digital pressure calibrators and digital test gauges, has been acquired by Berwyn, Pa.-based based AMETEK. Financial terms of the buy were not disclosed.
Once again, we'd like to thanks to all of the sponsors and advertisers, who allow us to keep you updated on Southern California's hightech news and companies. Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County HighTech Report. They include: Sponsors. Helping entrepreneurs succeed.
Thanks to all of the sponsors and advertisers, who allow us to keep you updated on Southern California's hightech news and companies. source for executive talent -- serving emerging growth company clients in the high. tech, new media, entertainment and consumer industries. They include: Sponsors.
TWTFelipe and everybody like him who want to start high-tech, green tech or other scientific companies in the US should be encouraged to do so. They wanted to employ our entire team post acquisition. But it wasn’t meant to be. TWTFelipe moved to Montreal, Canada. But I have some. You can imagine the complexities.
Culver City-based Bestofmedia Group, publisher of gadget and electronics blog site Tom's Guide, has acquired Computing.net, a provider of hightech information and technical support. Financial terms of the acquisition were not disclosed.
CSM Software , and engineering and hightech services outsourcer whose founder and chairman is based in Westlake Village, has been acquired by Japanese company SOLIZE Group , acording to the companies. Financial details of the acquisition were not disclosed.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's hightech community. 12 major acquisitions this year putting it over 100 since 05. See more insights from the Southern California hightech community in our continued series this whole week!
Thanks to all of the sponsors and advertisers, who allow us to keep you updated on Southern California's hightech news and companies. www.socalip.com) Focused on hightech's unique need - Pragmatic cost-effective IP. They include: Sponsors. Redpoint Ventures (www.redpoint.com). Silicon Valley Bank (www.svb.com).
Thanks to all of the sponsors and advertisers, who allow us to keep you updated on Southern California's hightech news and companies. Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County HighTech Report. They include: Sponsors. Redpoint Ventures (www.redpoint.com). Technology.
They estimate that high-tech work contributes $108.3 What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies. They estimate that high-tech work contributes $108.3
Tekelec's former Southern California executives are well represented as advisors, investors, and executives at local hightech companies. The firm has since been in Morrisville, North Carolina. READ MORE>>.
Thanks to all of the sponsors and advertisers, who allow us to keep you updated on Southern California's hightech news and companies. www.socalip.com) Focused on hightech's unique need - Pragmatic cost-effective IP portfolio management - U.S. They include: Sponsors. Redpoint Ventures (www.redpoint.com).
Southern California's hightech news and companies. www.socalip.com) Focused on hightech's unique need - Pragmatic cost-effective IP. Litigation - IP Licenses and Agreements: distribution, development, joint venture - Intellectual property aspects of mergers and acquisitions. They include: Sponsors.
However, while most hightech, biotech, cleantech and sports companies have wonderful technologies, relatively few have good business models. Thursday, January 26, 2012 -- Realizing Value from Innovation. To translate innovation into real value, you need both great technology and a great business model. See [link] (more)
The bump in the IPO estimates, and if the IPO is successful, will result in a windfall for at least three, Southern California-linked investors and hightech executives. The firm said it will now offer 14,684,000 shares, estimated to price at between $10.00 and $12.00 per share, above the earlier, 13,684,000 shares of stock and $7.00
Thanks to all of the sponsors and advertisers, who allow us to keep you updated on Southern California's hightech news and companies. www.socalip.com) Focused on hightech's unique need - Pragmatic cost-effective IP portfolio management - U.S. They include: Sponsors. Redpoint Ventures (www.redpoint.com). Advertisers.
Vista Equity Partners the private equity firm which as been gobbling up San Diego hightech companies and moving them to Texas--has agreed to sell 80 percent of Websense to defense company Raytheon , the three said today. software security cybersecurity acquisition merger raytheon websense partners equity vista' READ MORE>>.
This acquisition resolved the surgical robotic IP landscape and allowed Intuitive to dominate the market. Most US high-tech companies begin the utility patent process by filing a provisional patent application. In addition, a BDC may have developed derivative IP that on a standalone basis infringes on the startup’s IP.
Snap, the parent company of Snapchat , is now the largest ever IPO to debut out of Southern California's hightech ecosystem. The early pop in its shares pushes the net worth of Eval Spiegel and Bobby Murphy to more than $5.0 billion each. READ MORE>>.
Venice, California-based Snapchat has begun discussing an IPO with bankers, but has yet to select an investment bank to lead the effort, according to a report on Wednesday. Snapchat reportedly is looking at an IPO towards the end of this year or in early 2017.
AOL --which has been one of the most active acquirers of Southern California technology startups in recent years--has been acquired itself, by Verizon , AOL and Verizon announced this morning. According to Verizon, it will pay $50 per share for AOL, in a deal worth approximately $4.4
EAT Club , a startup which provides delivery of food to employees of hightech and other companies, said today that they've acquired Farm Hill and its personal meal business. EAT Club, which is based in the Bay Area, says that Los Angeles is one of its two primary markets. Financial details of the buy were not announced.
In what looks to be an unprecedented surge in high profile, high value exits for hightech companies in Southern California, there have now been six big exits in the region over the last month worth over $100M. Those exits--worth more than a collected $3.8
Over the last couple of weeks, we''ve featured a number of reflections on the year from movers and shakers in the local hightech community. Disney''s acquisition of Maker Studios for $500M-$1B set the tone, and soon after, Facebook acquired Oculus for $2B, and Apple acquired Beats By Dre for $3B. This is just the start.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. In 2020, the pandemic radically changed the customer acquisition process for many consumer-facing industries. We'll be posting these throughout the next two weeks.
One of the most frequent questions from hightech startups is: where''s my exit? How about mergers and acquisitions? acquisition merger exits interview capital venture banking investment siemer david' Siemer & Associates runs its annual conference next week to delve into the same topics. READ MORE>>.
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