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fusionZONE Automotive Buys MotorWebs

socalTECH

Pacific Palisades-based fusionZONE Automotive , a developer of website software for automotive dealers, said Wednesday that it acquired MotorWebs , a web design company that specializes in creation and management of car dealership websites. Financial details of the acquisition were not announced. MotorWebs was based in Seattle.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

says Mark Suster, a venture capitalist who started leasing in Pacific Palisades two years ago. After years of traveling to Los Angeles once every few months, Timothy Draper, founder and a managing director of Draper Fisher Jurvetson, says he now flies down to L.A. Unlike markets in many other areas of the U.S., Journal Community.