socalTECH

JUNE 27, 2013

Reuters reports that Morgan Stanley, Baclays PLC, and Credit Suisse AG have been hired to manage the company''s IPO, citing three sources familiar with the move. DriveCam reported in February that it had just reached $100M in revenues in 2012. drivecam merger acquisition driver monitoring investment banking' READ MORE>>.

Report 147

Report San Diego News Invest 147

socalTECH

SEPTEMBER 28, 2010

According to a report today from Paidcontent.org, Santa Monica-based Rubicon Project , the online advertising firm founded by Frank Addante, is in talks with News Corp. The report cites sources close to the deal. Paidcontent reports that News Corp. Paidcontent reports that News Corp. READ MORE>>.

Report 154

Report Clearstone Santa Monica News 154

socalTECH

DECEMBER 16, 2016

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Citing "multiple sources" close to the company, Recode said Flipagram is still discussing financial terms with Toutiao, but no deal has been signed.

Flipagram 100

Flipagram Report News Los Angeles 100

Xconomy

JUNE 14, 2019

Is one of the bigger biopharma acquisitions of the year in trouble? As Reuters reports, Roche and Spark remain committed to the. This past week, antitrust regulators once again delayed Roche’s planned $4.8 billion buyout of gene therapy developer Spark Therapeutics (NASDAQ: ONCE ). Yet the deal has now been pushed back four times.

News 97

News Competition Acquisition Report 97

socalTECH

JUNE 28, 2011

Multiple reports today say that once lofty social networking site MySpace is now being set to be sold by News Corp. for as little as $20M to $30M. Irvine-based Internet advertising network Specific Media and Golden Gate Capital are among the rumored bidders for MySpace. READ MORE>>.

Report 187

Report Social Network News Advertising 187

socalTECH

OCTOBER 27, 2010

San Diego-based Phenomix , adeveloper of diabetes drugs, has shut down, according to reports. The news of the shutdown was first reported by Xconomy. Tags: phenomix lifescience medical biopharma biopharmaceuticals merger acquisition exit shutdown employment jobs.

Report 124

Report San Diego News Acquisition 124

socalTECH

AUGUST 21, 2013

Los Angeles-based YouTube network Maker Studios has agreed to buy Blip , according to reports today. Financial details of the acquisition have not been announced. News of the sale first came via AllthingsD. bliptv blip acquisition merger content network youtube studios maker' READ MORE>>.

News 168

News Acquisition Content Los Angeles 168

socalTECH

AUGUST 2, 2010

Reports this morning say that news magazine Newsweek apparently is being sold to Dr. Sidney Harman, the founder of Southern California's Harman International , which now owns the Harmon/Kardon, Infinity, JBL, and other audio equipment brands. The New York Times says the deal is all but complete and expected to be announced today.

Southern California 154

Southern California Report News Content 154

socalTECH

JUNE 12, 2014

Technology giant Google is reportedly looking to take a stake in Mojave, California-based space tourism and spaceship developer Virgin Galactic , according to a report Thursday evening. google virgin galactic merger acquisition rumor goog richard branson' READ MORE>>.

Google 157

Google News Report Acquisition 157

socalTECH

FEBRUARY 17, 2016

Los Angeles-based video streaming site Hulu has acquired Vhoto , a developer of computer vision and machine learning software, according to reports. News of the acquisition first came from GeekWire, a Seattle area news publication. Financial details of the deal were not announced. READ MORE>>.

Hulu 100

Hulu Artificial Inteligence News Acquisition 100

socalTECH

JUNE 9, 2011

A report today from AllthingsD says that an investor group, which includes Santa Monica-based Activision 's Bobby Kotick, is in the last legs of negotiating a deal to acquire MySpace , the beleaguered, once-high flying social network. to a bevy of buyers, with no deals yet inked. to a bevy of buyers, with no deals yet inked. READ MORE>>.

Activision 113

Activision Report Santa Monica Social Network 113

socalTECH

NOVEMBER 10, 2016

Los Angeles-based e-commerce fashion brand NastyGal has filed for bankruptcy, after failing to find additional funding-- even after news of a "cram down" round in October. Reports say that Amoruso also stepping down as Chairman of the company. READ MORE>>.

Commerce 216

Commerce News Los Angeles Report 216

socalTECH

APRIL 5, 2013

Usually, when a company is acquired, it''s great news for investors--and employees. The move was first reported by the U-T San Diego. Amylin Pharmaceuticals as a developer of diabetes drugs. READ MORE>>. amylin pharmaceuticals diego biotech lifescienec employee jobs layoff'

San Diego 153

San Diego Layoffs News Acquisition 153

socalTECH

APRIL 26, 2012

A report today from Bloomberg says that Providence Equity Partners , the private equity firm which owns part of Los Angeles-based Hulu , is selling its stake to the firm's other owners in a deal valuing the firm at about $2 billion. and News Corp. No details on the deal have been announced. Hulu's other owners are Walt Disney Co.,

Hulu 157

Hulu Equity Report News 157

socalTECH

OCTOBER 28, 2008

Los Angeles-based Internet Brands disclosed Tuesday as part of its earnings report that the firm has purchased two web sites, BensBargains.net, and GrooveJob.com. Separately, Internet Brands said it has secured a $35M revolving line of credit from Silicon Valley Bank, which it plans to use for acquisitions starting in mid-2009.

Internet Brands 100

Internet Brands Web Acquisition Sites 100

socalTECH

JULY 22, 2010

The San Diego News Network (SDNN), the local media venture run by Barbara Bry and Neil Senturia, appears to have ceased its publishing efforts, according to a note posted by the staff Wednesday. SDNN said a sister publication, the Southwest Riverside News Network continues to "grow, thrive, and prosper". READ MORE>>.

Riverside 140

Riverside San Diego News Content 140

TechCrunch LA

MARCH 22, 2018

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

Xconomy

MAY 8, 2017

Called Dell Technologies Capital, the investment arm plans to provide funding to about 20 startups this year, Scott Darling, president of group, told Bloomberg , which first reported the news this morning. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Venture Capital 77

Venture Capital Capital Technology News 77

socalTECH

JUNE 29, 2011

According to Specific Media, News Corporation will take a minority equity stake in Specific Media as part of the deal. The acquisition of MySpace has been rumored for months, as the site transitioned into a music- and celebrity-oriented site after failing to gain ground against Facebook.

Media 140

Media Social Network News Advertising 140

socalTECH

OCTOBER 27, 2010

According to Yahoo, Levinsohn reports directly to Yahoo CEO Carol Bartz, and will manage the company's media group, advertising sales, and partnerships for the Americas region. News of the hiring was first reported by AllThingsD. READ MORE>>.

Yahoo 178

Yahoo Media News Report 178

socalTECH

FEBRUARY 5, 2013

Viddy has lost its CEO, Brett O'Brien, in a shakeup that reported has to do with either not accepting (or not getting) an acquisition offer from Twitter.

Southern California 180

Southern California Press Mobile News 180

socalTECH

MAY 3, 2011

According to UberMedia, it has created new channels for The Hollywood Reporter, The Case Foundation, Twackle, University of Michigan Athletics and The National Wildlife Federation. The new channels are available from UberSocial and Twidroyd. No official statement on that acquisition has been announced. READ MORE>>.

Pasadena 174

Pasadena Hollywood News Content 174

socalTECH

OCTOBER 2, 2009

Irvine-based Local.com , which runs a local business search site and network, reported this morning that it was the victim of a bogus press release last night, claiming that the firm had been acquired by Microsoft. The false release came from site WiredPRNews.com and showed up on Google News. Local.com is publicly traded.

Press 140

Press News Acquisition Google 140

socalTECH

SEPTEMBER 1, 2010

The news comes as ventureWire reports that Active Network is serious about an IPO. Tags: active network merger acquisition sports. According to Active, the two organizations are using its software to manage and automate their daily operations. Financial details of the win were not disclosed. READ MORE>>.

Activity 164

Activity Networking San Diego News 164

socalTECH

AUGUST 27, 2012

Los Angeles-based BUZZMEDIA , the growing online music publisher, reported this morning that it has acquired four punk rock sites, which it will use to create a new punk music group called AbsoluteVoices. includes content such as videos, albums, news, and interviews. Financial terms of the buys were not announced.

Blogging 168

Blogging Buzznet Press News 168

socalTECH

MARCH 13, 2013

Things look to be going further downhill over at Anaheim-based Fisker Automotive today, as reports that co-founder (and namesake) Henrik Fisker has resigned from the designer of plug-in hybrid automobiles. The firm had set a deadline of the end of this month to find a buyer.

News 159

News Report Design Funding 159

socalTECH

JANUARY 2, 2020

What was the biggest news for you/your company this year? While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years.

Capital 100

Capital SoCal Southern California SaaS 100

socalTECH

FEBRUARY 24, 2009

Los Angeles-based Internet Brands announced its fourth quarter and fiscal 2008 results, reporting that--despite the recession--the firm saw an increase in its fourth quarter revenues of 8%, or $27.0M The firm also reported it had acquired GrooveJob.com, which it had previously announced back in October. versus $24.9M a year ago.

Internet Brands 124

Internet Brands Acquisition Web Sites 124

socalTECH

DECEMBER 26, 2018

What was the biggest news for your organization in 2018? Their report crystallized the opportunity and pathways to moving SoCal forward as one of the leading global innovation ecosystem. In my home we have a network of Alexas that provide news, information and music but have also become our de facto home intercom system.

Southern California 113

Southern California SoCal Pasadena Startup 113

socalTECH

APRIL 27, 2010

Los Angeles-based Mail.com Media Corporation (MMC), which operates the Mail.com email service and portal, as well as its own network of content-focused web sites, said today that it has acquired BGR.com , a mobile/gadget review and news site. BGR was formerly known as the Boy Genius Report. READ MORE>>.

Blogging 133

Blogging Content News Sites 133

socalTECH

DECEMBER 7, 2015

El Segundo-based children's tablet maker Fuhu has filed for Chapter 11 bankruptcy, in surprising news from what had been one of LA's fastest growing technology companies. The filing was made in the U.s. Bankruptcy Court in the District of Delaware. Fuhu is reportedly in a deal to be acquired by Mattel for $9.5M as a part of that filing.

El Segundo 100

El Segundo News Report Technology 100

socalTECH

JANUARY 19, 2011

Santa Monica-based The Wrap News , an online news site covering entertainment and media, said this week that it has acquire ItsontheGrid.com , an online, subscription service providing information on ongoing movie projects. TheWrap is headed by Sharon Waxman, a former New York Times reporter, and is venture backed by Maveron.

Santa Monica 147

Santa Monica News Entertainment Report 147

Xconomy

MARCH 22, 2019

One group of people in dire need of medical relief got good news this week. We reported on both those stories and a lot more, including clinical ups and downs and new fundings. Also this week: Reports from. The first drug for postpartum depression was approved. women giving birth. But at least it’s an option.

Help 59

Help News Report Funding 59

socalTECH

NOVEMBER 21, 2011

Guardian News & Media , the firm behind web publisher ContentNext , is in discussions with potential buyers about a possible sale, according to a report from the firm's own site, paidContent.

Sales 133

Sales Santa Monica News Blogging 133

TechCrunch LA

JANUARY 23, 2020

The news is significant because this is the first major music licensing deal signed by TikTok as part of its wider efforts in the music industry. A music streaming app, which TikTok has reportedly been gearing up to launch for some time , is one way that the company could help generate revenue.

Services 182

Services Los Angeles Media Marketing 182

socalTECH

JULY 20, 2011

Earlier this month, Los Angeles-based HitFix (www.hitfix.com) an online news site focused on entertainment, announced it had raised $2M in a funding round. We spoke with Jennifer about what HitFix is looking to do, her own background, and how HitFix is different from the many celebrity gossip and news sites out there.

News 173

News Entertainment Startup Bertelsmann 173

TechCrunch LA

OCTOBER 20, 2019

Back in 2018, the Department of Defense issued a ban on the acquisition and use of commercial drones, citing cybersecurity vulnerabilities. However, the rule isn’t set in stone, and many branches of the military continue to use DJI drones, according to a September Voice of America News report.

Los Angeles 157

Los Angeles Angel Training Startup 157