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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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J2 Global Acquires Two Companies

socalTECH

Los Angeles-based J2 Global , which owns a large portfolio of Internet services and publications, says it acquired two more companies during Q4 of 2019. Financial details of the two acquisition were not announced, and J2 GLobal said the financial impact of the two acquisition are not expected to be material to the company.

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Ross Levinsohn Accused Of Sexual Harassment

socalTECH

Ross Levinsohn , the publisher and CEO of the Los Angeles Times --and longtime, influential veteran of Southern California's high tech 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 high tech industry.

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j2 Global Launches $415M Hostile Bid for Carbonite

socalTECH

Los Angeles-based j2 Global has launched a hostile bid for online storage company Carbonite , and has offered $15.00 Los Angeles-based j2 Global has launched a hostile bid for online storage company Carbonite , and has offered $15.00 storage hostile cloud backup online carbonite acquisition merger global'

High Tech 174
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CSM Software Acquired By SOLIZE

socalTECH

CSM Software , and engineering and high tech 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. CSM Software's U.S. headquarters are in Michigan. READ MORE>>.

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EAT Club Buys Farm Hill

socalTECH

EAT Club , a startup which provides delivery of food to employees of high tech 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.

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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.