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Tuesday, October 21, 2008 -- OrangeCounty Private Equity - Alive and Thriving During Turbulent Times! OrangeCounty Venture Group. Hear from OrangeCounty's leading private equity players. See [link] (more).
A new company, J5 Infrastructure Partners , has launched in OrangeCounty, after the acquisition of two companies by private equity investor Ridgemont Equity Partners. Ridgemont said it purchase two, telecommunications infrastructure companies-- Coretel Inc.
Epicor did not announce any financial terms of the acquisition. Epicor is now headquartered in Dublin, California, after the company was acquired by private equity firm Apax Partners in early 2011, and combined with Activant Soultions; the company still has sizeable OrangeCounty operations.
billion acquisition deal. The acquisition of Quest is a significant part of bolstering Dell's software ambitions, with Dell saying that the acquisition will add 100,000 customers, 5,000 channel partners, 1,500 software sales and marketing experts, and 1,300 software developers to the Dell Software Group.
Epicor Software , the supply chain management software company whose roots are in OrangeCounty, has been put up for sale by private equity firm Apax Partners, according to reports Tuesday. epicor software merger acquisition private equity exit apax' billion, and has hired investment banking firm Jeffries to handle the sale.
The companies did not say how the acquisition will affect Questcor''s employment base in OrangeCounty. questcor mallinckrodt merger acquisition biotech biopharma lifescience pharmaceutical' Mallinckrodt will pay $30.00 in cash and 0.897 of its shares for each share of Questcor''s common stock. READ MORE>>.
Irvine-based Western Digital said Thursday that it has completed its acquisition of fellow, OrangeCounty technology company sTec. WD, which had announced it acquisition of sTec back in June, said that enterprise solid state disk drive developer sTec will become part of its subsidiary, HGST. READ MORE>>.
OrangeCounty-based e-DOCUPLUS , a provider of e-discovery services, has been acquired by Austin, Texas-based Flex Discovery. Flex Discovery announced the acquisition Thursday, but did not disclose any financial terms of the buy.
Irvine-based Quality Systems , which develops electronic health records and other related software, has acquired fellow OrangeCounty healthcare information technology company Mirth Corporation. According to Quality Systems, it will use the acquisition to enhance its current offerings. READ MORE>>.
Pham was a critical piece of the acquisition of Photobucket for $300M by Fox interactive Media. Pham--who first cut his entrepreneurial chops in OrangeCounty--had moved to Silicon Valley for his most recent roles; the new role at Science is his first in Southern California in awhile.
Broadcom , which has significant operations in OrangeCounty, said this morning that it has received approval of the company's proposed acquisition of CA Technologies , after the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The deal is worth $18.9 billion in cash.
Epicor Software , the developer of supply chain management software which has its roots and still has significant operations in OrangeCounty, is off the block, after its private equity investors did not see enough interest--or high enough prices--for the business. The news on that move came in May. Apax bought Epicor back in 2011.
Illumina said the acquisition actually occured on April 30th, with Helixis CEO Alex Dickinson becoming Senior Vice President PCR Solutions. The acquisition appears to be the first out of the portfolio of OrangeCounty-based venture firm Okapi Venture Capital. READ MORE>>.
SendGrid , which provides email delivery services for companies for their transactional emails, and which has a big OrangeCounty office, announced today that it has acquired email marketing automation startup Bizzy. Financial terms of the acquisition were not announced. READ MORE>>.
Broadcom , the semiconductor maker which has significant operations in OrangeCounty, issued a statement on Wednesday evening, saying that it has become aware of a "fradulent memo" purpoted to be signed by the U.S. Broadcom recently received antitrust approval on its acquisition deal, which is worth around $18.9 READ MORE>>.
Epicor , the enterprise software developer which has major operations in OrangeCounty, said this week that it has acquired a cloud-based developer of management and e-commerce software called ShopVisible. epicor shopvisible merger acquisition retail order saas software ecommerce' Financial terms of the buy were not disclosed.
OrangeCounty-based merchant processing software developer CurveNorth has been acquired by a New York firm, TransFirst , TransFirst said Wednesday. Financial terms of the asset acquisition were not announced. Financial terms of the asset acquisition were not announced. READ MORE>>.
Socialcast , a developer of enterprise social networking tools which had started in OrangeCounty but was later moved to San Francisco, has been acquired by VMware. Financial terms of the buy were not disclosed. Socialcast Baseline Ventures , Menlo Ventures , and True Ventures. Socialcast was previously known as Event Robot.
OrangeCounty-based DealPerk , the online daily deals site headed by Albert Ko, has been acquired by fellow daily deals site Screamin Daily Deals , based in San Juan Capistrano. Financial terms of the sale were not disclosed.
Online dining ordering service GrubHub has acquired Aliso Viejo-based Restaurants On The Run , the provider of restaurant delivery services which serves Los Angeles, San Francisco, OrangeCounty, San Diego, Houston, Seattle, Las Vegas and Tulsa Oklahoma. Financial terms of the buy were not disclosed. READ MORE>>.
Toba Capital--which has a presence in both OrangeCounty and San Francisco--has made investments in at least a dozen software startups in the last three or four months, making the venture capital firm one of Southern California's most active. READ MORE>>.
The company says it has 75 employees in OrangeCounty. double helix games amazon merger acquisition videogame content studio' Irvine-based Double Helix Games is in the midst of developing Killer Instinct for the Xbox One, and was formed via the merger of two other local videogame studios--Shiny Entertainment and The Collective.
The two did not say how the acquisition will affect Microsemi's large workforce in OrangeCounty. According to the two, Microchip will pay $68.78 per share in cash for Microsemi, in a deal which will have a total enterprise value of about $10.15 billion after accounting for Microsemi's cash and investments, net of debt.
Epicor , the enterprise software development firm which has significant operations in OrangeCounty, has been sold to private equity investor KKR , the company announced Tuesday morning. Financial terms of the sale were not announced. Epicor had been in the hands of another, private equity investors-- Apax Partners.
sTEC was originally part of OrangeCounty-based SimpleTech, before that firm split out its consumer facing hard drive, flash memory, and other businesses from its OEM and industrial flash business, back in 2007. western digital stec flash memory disk drive merger acquisition data storage' The deal is worth $6.85 READ MORE>>.
According to Zayo, which announced the acquisition of Latisys on January 14th, the deal adds eight new facilities--including that OC data center--to its zColo colocation arm. zayo merger acquisition latisys colocation hosting infrastructure orangecounty irvine' Latisys had set up its data center in Irvine in 2011.
Financial details of the acquisition were not announced by the companies. According to the two companies, the investment in APCT will go towards accelerating profitable growth at APCT, including for "bolt-on" acquisitions and expanding global production capabilities. READ MORE>>.
Impinj opened up its OrangeCounty offices in January of 2004; the firm was co-founded in May 2000 by Caltech professor Carver Mead , currently Gordon and Betty Moore Professor Emeritus of Engineering and Applied Science at Caltech. The firm said it is raising up to $100M on the markets.
zayo merger acquisition latisys colocation hosting infrastructure orangecounty irvine' Latisys has five data centers nationwide, with a big data center complex in Irvine on Van Karman with two separate data centers, totaling 138,000 square feet. Latisys has had operations in that location since 1994. READ MORE>>.
Broadcom , which has significant operations in OrangeCounty, has acquired the Enterprise Security business of Symantec , in a deal worth $10.7 billion acquisition. billion in cash. The two said the deal is expected to close before the end of the year. Broadcom is now headquartered in San Jose. READ MORE>>.
Networks In Motion's CFO is Gregg Marston, who was also CFO of Foundstone and Intek Global; he also is a board member of the OrangeCounty Venture Group. Tags: networksinmotion networks motion merger acquisition venture capital. The lesson: "In this business, as in life - timing is everything." READ MORE>>.
OrangeCounty-based heatmap software developer CrazyEgg has acquired Hello Bar , a developer of customizable, web toolbars which help encourage actions from web site visitors. Financial terms of the buy were not disclosed. According to TechCrunch, the buy included only the Hello Bar product, and not its team.
Anaheim-based Targus recently announced that it has acquired fellow OrangeCounty laptop case maker Sena Cases. Financial terms of the deal were not disclosed. Sena Cases becomes a wholly owned subsidiary of Targus. SEna is a maker of leather, luxury laptop, smartphone, and tablet cases. The buy had been announced on October 30th.
Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's OrangeCounty High Tech Report. and international patent and trademark procurement - IP Litigation - IP Licenses and Agreements: distribution, development, joint venture - Intellectual property aspects of mergers and acquisitions. Technology. Advertisers.
Financial terms of the acquisition were not announced. SIGMAnet was founded in 1990, and has more than 250 employees spread between OrangeCounty, Los Angeles, Inland Empire, San Diego, and San Jose. Converge One said the acquisition was backed by Clearlake Capital. READ MORE>>.
Epicor , the big enterprise software developer which has extensive operations in OrangeCounty, said Monday that it has completed its acquisition of ShopVisible , the developer of e-commerce and order management software. No financial details of the acquisition deal have been announced by either of the companies.
Financial terms of the acquisition were not announced. Brett Humphrey is CEO of Fairway Technologies, which also has offices in San Diego and OrangeCounty, as well as Austin, Texas. READ MORE>>.
Irvine-based Broadcom said this morning that it is offering to acquire another large, OrangeCounty electronics manufacturer, Emulex Corporation , for approximately $764M in cash. According to Broadcom, the hostile bid for Emulex came after the Emulex board of directors refused to meet with Broadcom about an acquisition in January.
Welltok''s CEO, Jeff Margolis, founded health management firm TriZetto in OrangeCounty, and later sold TriZetto to Apax Partners in a huge, $1.4 margolis jeff trizetto software enterprise healthy android iphone health acquisition merger mindbloom welltok' billion deal in 2008. READ MORE>>.
Impinj , the developer of RFID chips and products which has operations in OrangeCounty, saw a surge in its IPO this morning, and was trading around $17.24 The company was initially started by founders split between OrangeCounty and Seattle. in morning trading--up more than 23 percent from its $14.00 per share debut.
The Association for Corporate Growth OrangeCounty (ACG OC) will stage its annual ACG Cup event, a masters-level deal analysis competition designed to give top business school students real-world experience while networking with the county's top merger and acquisition (MandA) professionals. See [link] (more).
Chatsworth-based Cal Net Technology Group , a provider of IT support services, has acquired OrangeCounty-based b> inhouseIT , according to Cal Net Technology's investors, including Boathouse Capital and Olympic Valley Capital. Financial terms of the acquisition were not disclosed. Cal Net Technology's CEO is James Hwang.
Irvine-based Microsemi has made another acquisition, saying Monday that it has acquired Nexsem, another OrangeCounty-based semiconductor manufacturing firm. Tags: analog semiconductor nexsem acquisition merger microsemi. Microsemi did not disclose terms of the deal. READ MORE>>.
Carlsbad-based FMT Consultants announced on Thursday that it has acquired an OrangeCounty IT services provider, Red Sky Solutions. Financial details of the acquisition were not announced. Red Sky Solutions was founded in 2003 by Daryl Garcia and Dave Stone, and specifically focused on Salesforce implementation.
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