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HYFN Acquired By LIN TV

socalTECH

Hermosa Beach-based digital agency HYFN has been sold to public firm LIN TV , which owns a number of television stations as well as mobile products, the firms said Thursday. hyfn lintv merger acquisition media digital agency television content hollywood' READ MORE>>. Financial details of the buy were not disclosed.

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Cinq Music Finds Funding

socalTECH

Santa Monica-based Cinq Music ,  which helps music companies distribute their music digitally, through mobile, and physical channels, has raised a round of funding, according to GoDigital Media Group, the investor in the company. cinqmusic venture capital content hollywood streaming distribution godigital' READ MORE>>.

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Vertical Networks Acquired By Whistle

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Santa Monica-based Vertical Networks , a "mobile-first" content studio which was backed by Snap , has been acquired by New York-based entertainment and sports media company Whistle. Financial terms of the acquisition were not announced. Vertical Networks was founded by Elisabeth Murdoch.

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Jetpack Gives a Boost to Mobile and Rich Media Advertising

Tech Zulu Event

Advertising technology is hot with the rise of mobile, evidenced in part by Verizon’s merger with AOL valued at $4.4 billion, and on a much smaller scale, Undertone’s recent acquisition of mobile ad provider Sparkflow. Jetpack was founded in 2009 by digital media veterans Marc Brown, Chris Tragos and Kevin Woolery.

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DivX Acquired By Sonic Solutions

socalTECH

Sonic said the buy would help retailers, online services, Hollywood studios, and manufacturers of CE and mobile devices to distribute premium digital video content over the Internet. Tags: divx sonic solutions digital media codec encoding merger acquisition. According to the firms, Sonic would pay $3.75 in the deal.

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SoCalTech 100
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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Rumored to have turned down acquisition offers from Yahoo and Facebook. Geodelic develops free mobile applications to easily browse your surroundings (restaurants, banks, businesses, etc). Includes content mobile guides, ie. Hollywood Walk of Fame. Competitors: Google (Invite Media) , MediaMath , X+1. Foursquare.

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