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Shop.com Acquired By Market America

socalTECH

Shop.com , an online comparison shopping website with operations in Pasadena, has been acquired. announced the acquisition Wednesday, but did not reveal any financial terms. According to Market America, it will continue to maintain Shop.com's Pasadena offices, along with Shop.com's Monterey headquarters.

Marketing 269
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Cogent Sees Smooth Sailing For Acquisition

socalTECH

Pasadena-based Cogent , the developer of fingerprint and other biometrics devices, reported this morning that a Delaware court has denied a shareholder motion to block the acquisition of the firm by 3M. Cogent said its board continues to "strongly endorse" the proposed acquisition of the company. 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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Heliogen to Go Public in $2 Billion SPAC Deal

L.A. Business Journal

Pasadena-based energy technology company Heliogen Inc. will go public through a merger with a special purpose acquisition company, or SPAC, in a deal that values the combined company at $2 billion.

Pasadena 264
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Cogent In $943M Acquisition By 3M

socalTECH

Pasadena-based Cogent , the developer of fingerprint and other biometric readers, is being acquired by 3M , the two companies announced today. Tags: cogent biometrics security merger acquisition. According to 3M and Cogent, 3M is acquiring Cogent for $10.50 per share, worth approximately $943M, or $430M net of cash acquired.

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PayPal Completes $4 Billion Acquisition Of Honey

socalTECH

San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online. READ MORE>>.

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Bluebeam Software Acquired For $100M

socalTECH

Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. Bluebeam was a spun out of Alliance Spacesystems, and has received investments from both the Pasadena Angels and Tech Coast Angels. Bluebeam Software was led by Richard Lee. READ MORE>>.

Software 228