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Report: ExpenseCloud Acquired By TriNet

socalTECH

Los Angeles-based expense management software and services developer ExpenseCloud , which was founded by Eric Sikola and Dan Fritcher, has been acquired by human resources provider Trinet , according to reports today. TriNet is a provider of outsource human resources services. Disclaimer: TriNet is a sponsor of socalTECH).

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CoreObjects Acquired By Indian Firm

socalTECH

Los Angeles-based CoreObjects Software , a provider of software development to both startups and other firms, has been acquired. Symphony Services said the buy expands its offerings in product development and embedded product development. The company said CoreObjects has 55 active client contracts in the US, Europe, and India.

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Molina Healthcare Buys Unisys Unit

socalTECH

The UniSys unit provides design, development, implementation, and business process outsourcing to state governments for Medicaid management. Molina reports that the UniSys HIM business has annual revenues of approximately $110M, and that it will hire approximately 900 employees of the HIM business at closing of the transaction.

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AeroVironment Gets $15.8M Order

socalTECH

Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, reported Friday that it has received a $15.8M The company said the order is part of a contract it says has a total projected value of over $65.8M. order for its Raven small unmanned aircraft systems. The firm said the order cam from the U.S.

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OneMind Connect, Make of ExpensAble, Acquired By Administaff

socalTECH

Irvine-based OneMind Connect , which develops the ExpensAble expense report management software, has been acquired, according to human resources outsourcing firm Administaff. ExpensAble is an expense report management software delivered both as installable desktop software and as software-as-a-service.

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Pharaoh Information Systems Acquired by Hyphen Solutions

socalTECH

Irvine-based Pharaoh Information Services , a developer of residential construction-related software, has been acquired by Hyphen Solutions , a developer of cloud-based construction management software. Financial terms of the acquisition were not disclosed. Hyphen Solutions is based in Texas. Pharaoh had been founded in 1985.

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AeroVironment Lands $7.8M Order

socalTECH

Monrovia-based Aerovironment , the developer of unmanned aircraft systems, reported this morning that it has scored a new $7.8M Aerovironment's Raven is a handheld, 4-2 pound UAS used for reconnaissance, surveillance, and target acquisition. order from the U.S. Marine Corps. READ MORE>>.

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