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The First socalTECH 50: Where Are They Now?

socalTECH

Last year, we compiled our first list of the socalTECH 50 : our attempt to pick fifty people here in Southern California''s technology industry who represent some of the best of what the region has to offer, and which we though people ought to keep an eye on. award acquisition merger exit enterepeneur socaltech50' READ MORE>>.

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SignNow Acquired By Barracuda Networks

socalTECH

Newport Beach-based SignNow , a developer of mobile signature capture and document storage services, has been acquired by Barracuda Networks. Financial details of the acquisition were not disclosed. Barracuda Networks said the acquisition will help it strengthen its offerings in the cloud data storage market. READ MORE>>.

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Justin Timberlake Backs Myspace Acquisition

socalTECH

Irvine-based Specific Media , the Internet advertising network run by Tim Vanderhook, has released further details on the company's acquisition of Myspace , saying that Justin Timberlake is taking an ownership stake and major role in the acquisition.

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ACTIVE Network In $1.05 Billion Acquisition Deal With Vista Equity Partners

socalTECH

San Diego-based sports and activity registration service Active Network announced this morning that it has agreed to be acquired by private equity firm Vista Equity Partners , in a deal valued at approximately $1.05 Active Network said that Vista Equity Partners will pay $14.50 READ MORE>>.

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Jacobs Completes Federal Network Systems Acquisition

socalTECH

Pasadena-based Jacobs Engineering Group announced yesterday that it has completed its acquisition of Federal Network Systems (FNS), the Ashburn, Virginia systems integrator in the communications, information technology, and data security market. Financial terms of the buy were not announced. READ MORE>>.

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Miven Venture Partners Gets IPO Exit At A10 Networks

socalTECH

Newport Beach-based Miven Venture Partners , the private investment arm of Linksys founder Victor Tsao, has scored an exit in one of its portfolio companies, A10 Networks , after that company''s successful IPO this morning. Miven had invested in A10 Networks way back in 2006, as part of a Series B funding round for the company.

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QAD Completes Allocation Network GmbH Acquisition

socalTECH

Santa Barbara-based QAD, which develops software for the manufacturing sector, said Tuesday afternoon that it has completed its acquisition of Allocation Network GmbH. Allocation Network GmbH was based in Munich, Germany. Financial terms of the acquisition were not announced.