socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

MARCH 1, 2017

A report in the New York Times on Tuesday says that Snap has been working on drone technology , to take overhead videos and photographs of its users. The NYT cited "three people briefed on the project" in its report, which comes on the eve of pricing on Snap's IPO. First, sunglasses. Next, a selfie drone?

Report 100

Report Technology Snapchat Pricing 100

socalTECH

SEPTEMBER 9, 2009

Santa Ana-based MSC.Software , a developer of simulation software, reported today that it has received a new offer to acquire the company from another private equity firm. According to MSC, the new offer is priced at $8.00 According to MSC, the new offer is priced at $8.00 per share in cash by Maximus Inc. READ MORE>>.

Acquisition 133

Acquisition Equity Pricing Software 133

socalTECH

JANUARY 3, 2012

venture backed companies was down in 2011, according to Dow Jones VentureSource, which said today that it tallied a total of 522 mergers, acquisitions, buyouts, and IPOs during the year. The report found that companies raised a median of $17M in venture financing before M&A or buyout, and took a median of 5.3

Venture Capital 173

Venture Capital Report Acquisition Pricing 173

socalTECH

NOVEMBER 27, 2012

SolarCity said Tuesday in a filing with the SEC that it is estimating its initial IPO price per share at between $13.00 The filing gives a strong indication that the firm is looking to meet a reported deadline of the end of a year for a public offering, on the NASDAQ Global Market. and $15.00.

Pricing 185

Pricing Southern California SpaceX Hawthorne 185

socalTECH

OCTOBER 9, 2009

The long, drawn out bidding war for Santa Ana-based MSC.Software appears to be at a close today, as MSC reported that a majority of its shares have been voted to adopt the firm's latest merger offer from Maximus Holdings Inc. That bidding war boosted the firm's initial acquisition price from $7.63 and Maximus Inc., worth $8.40

Acquisition 113

Acquisition Equity Design Pricing 113

socalTECH

JUNE 11, 2015

Los Angeles-based Android-based game console maker Ouya is nearing a sale of the company, most likely by game hardware maker Razer , according to reports.

Sales 100

Sales Report Pricing Los Angeles 100

socalTECH

AUGUST 23, 2011

Los Angeles-based matchmaking site eHarmony is approaching a redemption deadline from its last venture funding round, according to a report today from Reuters. However, it is apparently a rare event in the venture capital business to run into a redemption rights deadline, according to the report. READ MORE>>.

eHarmony 181

eHarmony Report Venture Capital Los Angeles 181

socalTECH

SEPTEMBER 7, 2016

Venice, California-based Snapchat has begun discussing an IPO with bankers, but has yet to select an investment bank to lead the effort, according to a report on Wednesday. Snapchat reportedly is looking at an IPO towards the end of this year or in early 2017. READ MORE>>.

Snapchat 100

Snapchat Temple City Report Glendale 100

L.A. Business Journal

OCTOBER 31, 2017

tunnel should be 17 miles long in one year, Telesign acquisition price rises to $335 million and SpaceX’s manufacturing model credited for new space age. Elon Musk says Boring Co.

Pricing 100

Pricing Acquisition Report 100

socalTECH

APRIL 4, 2014

TrueCar reported a loss of $22.6M TrueCar provides auto car buying technology, which powers a number of affiliate auto buying programs, and also offers up data on new car pricing and referrals to local car dealers. truecar merger acquisition exit nasdaq true automobile buying pricing' READ MORE>>. READ MORE>>.

Truecar 159

Truecar Anthem Santa Monica Pricing 159

Xconomy

JANUARY 11, 2019

[ Editor’s note: Ben Fidler and Sarah de Crescenzo coauthored this report.] It is here, and then it is gone. But by the time everyone staggers to the airport or back home to sleep in their own beds, the annual few days of the J.P.

Pricing 97

Pricing Conference Report Help 97

socalTECH

AUGUST 2, 2012

The long awaited IPO of Glendale-based LegalZoom apparently has been delayed , according to reports Thursday afternoon. LegalZoom had been expected to price this evening and start trading Friday. According to Reuters, citing an "underwriting source", LegalZoom has delayed the offering due to marketing conditions. READ MORE>>.

Legalzoom 133

Legalzoom Report Glendale Southern California 133

socalTECH

JUNE 19, 2012

Reports this morning say that San Diego-based ServiceNow is planning to start its IPO roadshow this week, as the firm looks to brave a post-Facebook-IPO market. According to reports , the firm expects to price its IPO as late June.

Report 145

Report Southern California San Diego Equity 145

socalTECH

JANUARY 6, 2014

The LABJ reports the acquisition price was "below $1 million". oversee crashworks crash city guides photo merger acquisition idealab' The company was founded by Erick Laubach, and was backed by Idealab, which had invested in the company back in February of last year. READ MORE>>.

Oversee.net 124

Oversee.net Guide Idealab Pasadena 124

TechCrunch LA

JUNE 10, 2021

To put that into context; Affirm’s financial report in May projected it would process $8.04 They can also do things like initiate refunds, track deliveries and get price-drop notifications. Other things the company plans to do with its new capital is focus on acquisitions, particularly acqui-hires, according to Siemiatkowski.

Los Angeles 266

Los Angeles Funding CIO Marketing 266

Xconomy

OCTOBER 27, 2016

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. The increase in dollars flowing to agtech comes despite commodity prices that are down 65 percent from their 2013 peak, the report says.

Venture Capital 40

Venture Capital Pricing Invest Report 40

socalTECH

FEBRUARY 26, 2014

TrueCar offers up a combined service which both provides end consumers with actual pricing data on automobiles, but also helps to connect those consumers with car dealers. TrueCar powers car buying programs for a number of membership organizations, including Consumer Reports, the AARP, AAA, USAA, and AARP. READ MORE>>.

Truecar 124

Truecar Santa Monica Acquisition Pricing 124

Startup Professionals Musings

AUGUST 21, 2021

That requires work and risk to comply with reporting requirements of the SEC, including the additional accounting and reporting processes. Utilize mergers and acquisitions to accelerate growth. As you might imagine, even with the proper planning, mergers and acquisitions are difficult to pull off.

Startup 151

Startup Course Sales Entrepreneur 151

TechCrunch LA

MARCH 22, 2018

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

socalTECH

MAY 25, 2011

The rumors came despite early--and incorrect--reports that TweetDeck had been acquired by Pasadena-based UberMedia , the Twitter client software firm headed by Idealab's Bill Gross. Financial terms of the deal were not disclosed, however, reports place the acquisition around $50M. READ MORE>>.

Idealab 154

Idealab Pasadena Report Software 154

socalTECH

OCTOBER 17, 2011

Irvine-based Local.com has scored a patent out of its acquisition of Krillion , in April, the firm reported this morning, after the U.S. Krillion's site offers up a product search service which show prices and availability of products in local stores based on a user's location. Spreen, Michael S. Robertson, Michael J.

Patents 174

Patents Pricing Acquisition Report 174

Xconomy

AUGUST 11, 2020

The larger company agreed to pay $12 per share for Pfenex (NYSE American: PFNX )—a 57 percent premium to its closing price Monday. The company reported revenues of about $120.3 million in 2019. In a prepared statement, Ligand CEO John Higgins called the Pfenex deal an “ideal strategic, business and cultural fit.”

San Diego 98

San Diego Technology Research Pricing 98

Xconomy

AUGUST 16, 2017

Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. As of Aug. 1, private equity firms in North America and Europe had secured $212.6

Equity 69

Equity Pricing Acquisition Report 69

Startup Professionals Musings

MAY 29, 2022

Last year was quite a year for IPOs, largely influenced by the significant rise in the number of special purpose acquisition companies (SPACs) who went public, despite almost uniformly negative returns. Public companies of any size must comply immediately with the full reporting requirements of the SEC.

Startup 98

Startup Report IBM IBM 98

Startup Professionals Musings

SEPTEMBER 14, 2022

A reverse merger is the acquisition of an already public company (usually a dormant shell) to avoid the Initial Public Offering (IPO) process and cost, to quickly get your startup on a public exchange for fund raising through visibility and selling stock. What price are you willing and ready to pay for funding? Marty Zwilling.

Funding 104

Funding Summary Entrepreneur Acquisition 104

Startup Professionals Musings

APRIL 28, 2021

I recommend a trial run with an experiment or MVP (minimum viable product), at full price and cost, before the big bang launch, risking your investment money and a major time commitment. Mergers and acquisitions also require new skills. Paul Allen was the technical visionary, Test the viability of your business parameters.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

TechCrunch LA

APRIL 9, 2020

From lockdown in her Northern Italy home, Cevolini shared perspective on the future of motorcycling, acquisition offers and plans to recharge her company when the COVID-19 crisis subsides. As more of the major gas motorcycle companies enter the EV market, Cevolini is open to a merger or acquisition, but only on her terms.

Technical Review 277

Technical Review Competition Demand Sales 277

socalTECH

FEBRUARY 10, 2012

Thousand Oaks-based Ceres has delayed its IPO, after lowering its IPO pricing estimates this week. According to industry reports , Ceres is delaying the offering until next week. Ceres had initially planned to price its IPO on Thursday. READ MORE>>.

Thousand Oaks 145

Thousand Oaks Pricing Report Acquisition 145

socalTECH

FEBRUARY 4, 2013

spends hundreds of millions of dollars on a media property, runs it for about seven years, and then decides to unload that same property for a fraction of the price it paid to a Southern California technology--not media--company. That deals loooks to be worth around $100M, based on reports from the WSJ. Well, could be. How about IGN ?

News 159

News Southern California Sales Los Angeles 159

socalTECH

JULY 9, 2015

Financial terms of the buy were not disclosed, but the price was reportedly around $100M. Los Angeles-based Zealot Networks , the startup led by Danny Zappin which connects creators and influencers with brands, has acquired viral content site ViralNova.

Networking 100

Networking Content Los Angeles Sites 100

Both Sides of the Table

SEPTEMBER 19, 2011

Equally, the streaming business has got to accelerate content acquisition, focus on customer retention, improve streaming technologies to make it better for users / worse for competitors, and they’ve got to continually improve the UI. So it wouldn’t be a surprise to see price increases in Qwikster in the future.

Netflix 329

Netflix Evite Pricing Hulu 329

socalTECH

AUGUST 13, 2012

For our Insights and Opinions section today, Megan Lisa Jones , an investment banking vet, comments on the travails of Facebook, and its stock price and life as a public company. Friday, down around 40 percent from its IPO price of not many weeks ago. It shouldnt be. Still, the stock closed at $21.81

Pricing 124

Pricing Report Google Invest 124

Startup Professionals Musings

DECEMBER 8, 2019

A reverse merger is the acquisition of an already public company (usually a dormant shell) to avoid the Initial Public Offering (IPO) process and cost, to quickly get your startup on a public exchange for fund raising through visibility and selling stock. What price are you willing and ready to pay for funding? Marty Zwilling.

Summary 121

Summary Startup Entrepreneur Funding 121

Xconomy

OCTOBER 5, 2018

But since then its stock price has fallen significantly, dropping below $1 per share multiple times in the past two years, which nearly got the listing booted from the Nasdaq exchange. subsidiary, Firmenich—which reported about $3.3 Through a U.S. per share, or.

Pricing 81

Pricing Report Sales Company 81

Xconomy

JULY 7, 2016

Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. As of the end of 2015, Pernix reported a headcount of 274. Those acquisitions helped Pernix reach $175.8 Last year, Pernix reported a $148.3

Sales 40

Sales San Diego .Net Report 40

Xconomy

AUGUST 11, 2017

The FDA reported that generic drug approvals are set to hit a record ; the agency under Commissioner Scott Gottlieb has moved this summer to increase generic competition and lower the nation’s high drug prices. Meanwhile, drug-price hawks can sharpen their talons on a report this week from The New York Times and ProPublica.

Pricing 52

Pricing News Report Competition 52