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Altadena-based Melanoma Diagnostics , a developer of technology for the diagnosis and prognosis of malignant melanoma using genetic markers, is in a deal to sell its technology to Myriad Genetics , a publicly traded provider of molecular diagnostics products.
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-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>>.
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>>.
Pasadena-based venture capital firm California Technology Ventures has scored an exit at one of its portfolio firms, selling cardiac catheter maker AngioScore , to medical device firm Spectranetics. California Technology Ventures has been an investor in AngioScore since at least 2004, as part of the company''s Series B funding.
A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. in funding in RayTracker a developer of solar tracking technology. RayTracker was also based in Pasadena, but was acquired in January by solar panel firm First Solar.
Irvine-based WebVisible announced today that it has acquired Pasadena-based Adapt Technologies, a developer of search engine marketing tools. Financial terms of the acquisition were not disclosed. in 2005.
Pasadena-based Guidance Software , which develops digital forensics and e-discovery software, said Tuesday afternoon that it has signed a definitive agreement to acquire CaseCentral , a developer of electronic discovery software. The acquisition brings the total number of employees at Guidance Software to nearly 500. in cash and $8.3M
According to one of Pasadena-based Metacloud ''s venture capital backers, the acquisition of the cloud services provider by Cisco on Wednesday was an "epic exit". The exit is also a huge win for technology insider Sean Moriarty, who was Chairman of the company; Metacloud was started by Sean Lynch, former Sr. READ MORE>>.
Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena TechnologyAcquisition Corp.,
Pasadena-based PostUp , the Internet advertising firm spawned out of Idealab, said Friday afternoon that it has acquired UberTwitter , developer of a Twitter client that runs on the BlackBerry Platform. As part of the acquisition, the firm said it has changed its named to Ubermedia. Financial terms of the deal were not disclosed.
Pasadena-based Jacobs Engineering Group said this morning that it has acquired the patent rights to a process for removing sulfuric acid from gases from Bayer AG. Financial terms of the technology buy were not announced.
which has most of its employees in Westlake Village; Los Angeles-based Gamefly ; City of Industry-based NewEgg ; San Diego-based Fallbrook Technologies ; and Thousand Oaks-basd Nexsan. Tags: southern california initial public offering exit merger acquisition.
Pasadena-based advertising technology firm OpenX has raised $22.5M The company said the new funds will go towards growth, financing acquisitions, and international expansion. That growth was driven by its real-time-bidding exchange, plus the acquisitions of two companies, LiftDNA and Jumptime. Global Investment, Inc.,
Based on a trio of recent, cloud technologyacquisitions by major, Silicon Valley technology powerhouses, that would be Southern California. the acquisition of Santa Barbara-based Eucalpytus by HP last week; and the acquisition earlier this year of Los Angeles-based Inktank by Red Hat. .;
Pasadena-based Jacobs Engineering Group announced today that it is in a definitive agreement to acquire information technology firm TechTeam Government Solutions, Inc. Tags: jacobs engineering group merger acquisition techteam government information technology consulting. The deal is worth $59.0M
Pasadena-based RayTracker , a developer of solar tracking technology which is backed by Idealab, has been acquired by solar power module giant First Solar. Financial terms of the acquisition were not announced. First Solar said that RayTracker's entire team will join its Engineering, Procurement and Construction (EPC) group.
Pasadena-based engineering firm Jacobs Engineering Group said Tuesday that it has acquired The Van Dyke Technology Group , a 180-person cybersecurity firm. Financial details of the acquisition were not announced. The Van Dyke Technology Group is based in Maryland, and provides its cybersecurity services for the U.S.
Pasadena-based Jacobs , the provider of professional technical services and construction and engineering services, said today that it has acquired Compass Technology Services , a provider of wireless telecommunications infrastructure design and construction services. Compass Technology Services is headquartered in Atlanta, Ga.,
Pasadena-based Vertical Management Systems , a developer of financial technology and software for managing fiduciary risk, fee transparency, and revenue reconciliation, has been acquired by NewSpring Holdings. Financial terms of the acquisition were not disclosed.
Still on tap for an IPO are Pasadena-based Green Dot , Pasadena-based Genmark Diagnostics , Westlake Village-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan.
Pasadena-based OpenX Technologies , the developer of Internet ad serving technology, announced this morning that it has acquired LiftDNA , a provider of yield optimization software for online publishers. Financial terms of the acquisition were not disclosed.
Pasadena-based Perfect Market , the Idealab-backed developer of programmatic advertising technology, has been acquired by New York-based Taboola. perfect market taboola merger acquisition content advertising optimization software idealab' Financial terms of the buy were not disclosed. READ MORE>>.
One of Southern California's very, very early technology pioneers, Gordon Marshall , whose name now graces the University of Southern California's Marshall School of Business , has passed away at the age of 95 in Pasadena. billion in sales before its acquisition by Avnet. Marshall Industries grew to $1.8 READ MORE>>.
in funding from the Pasadena Angels and other investors. Rockoco is applying semiconductor processing technology to create more brilliance and fire in diamonds, in essence "super" polishing the stones. Tags: acquisition merger semiconductor polish diamond startup spinout caltech rockoco helixis.
Pasadena-based Wallaby Financial , the developer of web and mobile apps to help consumers optimize their credit card spending, hsa been acquired by Bankrate. Bankrate said that it will combine wallaby''s product family and technology with its existing credit card distribution platform, including its CreditCards.com online credit marketplace.
Pasadena-based Jacobs Engineering Group said this morning that it has entered into a deal to acquire Federal Network Systems (FNS), a provider of system integration and communications, information technology, and data security, which is a subsidiary of Verizon Communications. Financial terms of the agreement were not disclosed.
Pasadena-based Strobe , a startup developing LIDAR systems for driverless cars, has been acquired by GM , GM said on Monday. Financial terms of the acquisition were not announced. said it would make Strobe a part of its Cruise Automation subsidiary, which is developing self driving technology.
Woodridge, Illinois-based Elevance Renewable Sciences , a developer of renewable chemicals technology which was spun off from Pasadena-based Materia , has filed for an IPO. The technology being used at both Materia and Elevance was originally developed at Caltech. The IPO is being underwritten by Morgan Stanley, J.P.
Pasadena-based online advertising technology provider OpenX has bolstered its board of directors, saying today that it has named Howard Hochhauser to its board. acquisition merger board executive hochhauser howard ancestry openx' READ MORE>>.
The ad serving and "creative optimization" businesses of Sizmek , the now-bankrupt developer of advertising technology which had a significant portion of its team in Los Angeles, has been acquired by Amazon , Amazon said on Friday. Financial details of the acquisition were not announced. READ MORE>>.
Irvine-based laser marketing technology developer TherMark Holdings has been acquired by Cleveland-based Ferro Corporation , in a deal worth $5.5M, the two said late Wednesday afternoon. TherMark develops laser marking technology used to permanently fuse marking materials to metals, ceramics, glass, and other surfaces. READ MORE>>.
Gevo , the biofuels technology startup spawned out of technology at Caltech and UCLA, has raised $107M in an IPO this morning. Gevo develops process technology which converts renewable feedstocks into isobutanol, which can be used for plastics and fuel. The stock was trading as high as $17.50 in morning trading. READ MORE>>.
Those firms include Pasadena-based Genmark Diagnostics , Westlake Village-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan. Tags: southern california merger acquisition gdot reald.
The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.
Pasadena-based Smartify (www.getsmartify.com)''s CEO, Carla Bourque , recently talked to us about the company''s online marketing platform, and how it differentiates itself from a lot of other competitors in the market. Carla Bourque: Smartify has been based in Pasadena for the past three and a half years. What is Smartify?
Pasadena-based Evolution Robotics , the Idealab robotics technology firm headed by Paolo Pirjanian, has been acquired by iRobot. iRobot said that it will pay $74M for Evolution Robotics, which is best known for its Mind automatic floor cleaning robots. READ MORE>>.
Pasadena-based Near, which provides marketing data about audiences to brands, has named technology veteran Gladys Kong as Chief Operating Officer (COO). Kong was previously the CEO of UberMedia, and had joined near after its acquisition of UberMedia. Near's CEO is Anil Mathews.
Pasadena-based eSolar , the solar thermal technology firm backed by Idealab, Google, and others, is being eyed as the next possible solar IPO in the pipe, according to GigaOm. Tags: esolar merger acquisition sharespost. Citing the Next Up! READ MORE>>.
Pasadena-based Embodied , a startup which says it is developing "life-like robots to revolutionize care and wellness for humans", announced Monday morning that it has raised $22M in a Series A funding round. READ MORE>>.
Rubicon Project , the online advertising technology firm headed by serial entrepreneur Frank Addante, looks like it may just be the next Southern California company to file for an IPO, based on a number of executive appointments made Tuesday.
We also added panels reflecting LA''s growing tech communities from the West Side to Pasadena, and topics including health tech and space tech, as these industries grow. Disney''s acquisition of Maker Studios for $500M-$1B set the tone, and soon after, Facebook acquired Oculus for $2B, and Apple acquired Beats By Dre for $3B.
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