socalTECH

JUNE 30, 2010

Streaming video technology firm Move Networks --which apparently moved to Irvine sometime over the last year from Utah after a management shakeout--is reportedly shutting down, and by some reports is now looking for a buyer. Tags: move networks merger acquisition shutdown sale video streaming. and Steamboat Ventures.

Sales 140

Sales Networking Steamboat Ventures Report 140

socalTECH

MAY 17, 2011

A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. The disclosure of the sale price came at a solar power conference, from the firm's former founder, who said the investors scored a multiple of 12.8 RayTracker was a spinout of Idealab's Energy Innovations.

Idealab 140

Idealab Report Acquisition Pasadena 140

socalTECH

NOVEMBER 13, 2014

Los Angeles-based comedy website Funny or Die --started by Will Ferrell--is looking for a buyer, according to reports this week from Bloomberg. to help sell the company, according to the report, saying that the website is seeking $100 million to $300 million in the sale of the company. READ MORE>>.

Report 138

Report Hollywood Acquisition Content 138

socalTECH

JUNE 21, 2011

A number of reports Tuesday afternoon says that Santa Monica-based streaming video site Hulu is up for sale. According to the Wall Street Journal, the firm was approached by an unsolicited offer to be acquired. Details on potential buyers has not be disclosed or uncovered. READ MORE>>.

Hulu 140

Hulu Sales Report Santa Monica 140

socalTECH

DECEMBER 6, 2021

Financial details of the sale were not announced. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. The company also funded the acquisition of four companies for Provation, including MD-Reports, ePreop, iProcedures and endoPRO.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

MAY 11, 2015

Bloomberg said that Grindr has hired investment banker Raine Group to advise the company on a sale. Los Angeles-based gay dating app and website developer Grindr is looking for a buyer, according to Bloomberg. Grindr was founded by Joel Simkhai. READ MORE>>.

Sales 100

Sales Web Development Report Los Angeles 100

socalTECH

APRIL 17, 2013

A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.

Hulu 189

Hulu Report Company Companies 189

socalTECH

JUNE 23, 2011

Further details on the potential sale of Los Angeles-based video streaming site Hulu continue to emerge, with the firm reportedly retaining investment bankers Morgan Stanley and Guggenheim Partners to represent it in a sale. The names of the bankers was uncovered by the Los Angeles Times, citing "people familiar with the matter".

Hulu 140

Hulu Sales Report Los Angeles 140

socalTECH

AUGUST 9, 2010

The sale had earlier been reported in April, but had not been confirmed by the firms involved. Qlipso is backed by Jerusalem Venture Partners, and is now operating a Los Angeles office after its acquisition of Veoh. Tags: qlipso veoh merger acquisition video sharing social. Financial terms of the deal were not disclosed.

Veoh 145

Veoh Acquisition Los Angeles Tool 145

socalTECH

MARCH 29, 2013

It looks like the sale of book review and community Goodreads was worth between $150M to $200M, according to a report form AllThingsD Friday, potentially making the acquisition one of the better returns on capital from a Southern California technology startup in recent years.

Report 203

Report Technical Review Southern California Santa Monica 203

socalTECH

DECEMBER 8, 2014

The report cited "sources familiar with the situation" in the move. Apparently, IAC has been shopping CollegeHumor.com around to companies due to the boom in online content activity, including the recent sales of Maker Studios, Fullscreen Media, BigFrame, and Stylehaul--all local Los Angeles multi-channel networks (MCNs). READ MORE>>.

Report 100

Report Los Angeles Acquisition Activity 100

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. Honey was founded in 2012 by George Ruan and Ryan Hudson.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

FEBRUARY 17, 2012

Pasadena-based Energy Innovations , the Idealab startup working on concentrating photovoltaic solar systems, is looking for a buyer, according to a report Friday. GreenTechMedia, an industry publication covering the green technology and solar industry, reports that Energy Innovations is in the midst of being acquired by a strategic investor.

Idealab 145

Idealab Report Sales Pasadena 145

socalTECH

JANUARY 13, 2017

The report cited "people familiar with the matter". The report said Rubicon Project is looking at strategic options for the company, including a sale of the company. READ MORE>>.

Report 100

Report Advertising Los Angeles Sales 100

socalTECH

MARCH 5, 2021

million shares of his stake in the firm, worth roughly $213M, according to reports. Palihapitiya has yet to comment on the sale. Virgin Galactic went public via a reverse merger, using a Special Purpose Acquisition Company (SPAC) in October of 2019, despite having yet to launch any tourists to space.

Report 113

Report Acquisition Sales Company 113

socalTECH

NOVEMBER 5, 2012

Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. The announcement came as the firm announced net sales of $107.4M The firm also reported a net loss of $21.0M. in revenues.

THQ 147

THQ Agoura Hills Sales Agoura 147

socalTECH

AUGUST 9, 2010

Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has integrated its service into Veoh.com, after its acquisition of substantially all of the assets of Veoh.com. The sale had earlier been reported in April. READ MORE>>.

Veoh 100

Veoh Acquisition Los Angeles Tool 100

socalTECH

NOVEMBER 4, 2009

San Diego-based Brickfish , a developer of social media and networking software being used by brands, reported today that it has hired on a Paul Botto, most recently Head of Analytics for the North American Sales Organization at Google, as its Vice President of Sales. Brickfish is venture backed by DCM, Draper Richards L.P.,

Google 140

Google Sales Social Media Draper 140

socalTECH

SEPTEMBER 15, 2017

Santa Monica-based Cornerstone OnDemand has hired investment banking firms Centerview Partners and Goldman Sachs, in a move that could result in either a sale of the company, or help in fighting off an activist investor, according to a report.

Cornerstone OnDemand 100

Cornerstone OnDemand Software Review Invest Report 100

socalTECH

NOVEMBER 21, 2011

Guardian News & Media , the firm behind web publisher ContentNext , is in discussions with potential buyers about a possible sale, according to a report from the firm's own site, paidContent. paidContent said that Guardian is working with Coady Diemar Partners on a possible sale. Names of potential buyers were not discussed.

Sales 133

Sales Santa Monica News Blogging 133

socalTECH

APRIL 7, 2010

operator of media site Qlipso , according to a report from VentureWire. Details on the sale have not been released. Tags: qlipso 2peer acquisition merger veoh. The assets of ill-fated online video site Veoh have reportedly been sold to 2Peer Ltd., Qlipso is headed by former Foundation 9 Entertainment co-founder Jon Goldman.

Veoh 145

Veoh Report Entertainment Sites 145

socalTECH

APRIL 29, 2015

Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The sale comes due to debt owed to TriplePoint Capital, according to the report. OUYA is led by Julie Ehrman. READ MORE>>.

Report 100

Report Santa Monica Sales Funding 100

socalTECH

MARCH 18, 2011

San Diego-based Websense is reportedly considering a sale of the company, according to a report this week in the Wall Street Journal. The Journal reports Websense has hired investment banking firm Qatalyst Partners on the sale. According to the WSJ, the firm is looking to get around $1B for the company. READ MORE>>.

Report 145

Report Journal San Diego Sales 145

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. Switch your focus from product development to sales. Isolate marketing from sales for maximum customer focus. Utilize mergers and acquisitions to accelerate growth.

Startup 151

Startup Course Sales Entrepreneur 151

socalTECH

JULY 12, 2012

Los Angeles-based videogame maker Activision Blizzard is on the block, with majority owner Vivendi looking to sell the video game business, according to reports this week. The article said that Time Warner, Microsoft, Chinese gaming firm Tencent, as well as a number of private equity firms have been approached about the sale.

Activision 157

Activision Report Equity Los Angeles 157

socalTECH

AUGUST 21, 2013

Los Angeles-based YouTube network Maker Studios has agreed to buy Blip , according to reports today. Financial details of the acquisition have not been announced. News of the sale first came via AllthingsD. bliptv blip acquisition merger content network youtube studios maker' READ MORE>>.

News 168

News Acquisition Content Los Angeles 168

socalTECH

MAY 6, 2014

Epicor Software , the supply chain management software company whose roots are in Orange County, has been put up for sale by private equity firm Apax Partners, according to reports Tuesday. billion, and has hired investment banking firm Jeffries to handle the sale. epicor software merger acquisition private equity exit apax'

Equity 185

Equity Orange County Software Southern California 185

socalTECH

NOVEMBER 17, 2008

Nexsan said that Michael McGuire has joined the firm, reporting to CEO Philip Black, and will be in charge of worldwide sales, marketing, and business development. McGuire joins the firm from Sun Microsystems, where he was Vice President, Americas Storage Sales. He has also served at StorageTek prior to its acquisition by Sun.

Sales 100

Sales Thousand Oaks Acquisition Report 100

socalTECH

JULY 9, 2019

Hedges served in that position until its recent acquisition by Ellie Mae. Hedges is a longtime Southern California technology veteran, who was most recently President and CEO of Velocify. Hedges also previously has served at Bain & Company, Accenture.com, and Ogilvy & Mather. READ MORE>>.

Draper 124

Draper Southern California Santa Monica Social Media 124

socalTECH

FEBRUARY 13, 2017

Financial terms of the acquisition were not disclosed. Pharaoh had been a supplier of software used for sales tracking and reporting, options ordering and purchasing, subcontractor bidding and contract creation, customer service and warranty control, construction scheduling, and other related tools.

Outsource Development 113

Outsource Development Acquisition Tool Software 113

socalTECH

MAY 15, 2014

Los Angeles-based online apparel and shoe company JustFab is eyeing a possible IPO, and also is in the midst of raising between $50 to $100M, according to a report. According to the report, from Re/Code, the company has hired Morgan Stanley as an advisor. JustFab is led by Adam Goldenberg, and is a spinout of Intelligent Beauty.

Invest 147

Invest Venture Capital Report Acquisition 147

socalTECH

JUNE 21, 2012

Aliso Viejo-based Gaikai , the venture-backed developer of videogame streaming services, is looking for buyers for the firm, in what is expected to be a sale worth more than $500M, according to reports today. The reports--from FORTUNE's Dan Primack--said that the firm has already hired bankers to help it with a possible sale.

Rustic Canyon 124

Rustic Canyon Report Sales Capital 124

socalTECH

DECEMBER 4, 2013

Financial details of the buy were not announced, however, the buy apparently was worth around $50M, according to various reports and sources. documents business acquisition merger intuit docstoc' Santa Monica-based Docstoc , which is led by Jason Nazar, has been acquired by Intuit, the companies said this morning. com), and others.

Rustic Canyon 239

Rustic Canyon Santa Monica Resource Acquisition 239

socalTECH

FEBRUARY 4, 2013

That deals loooks to be worth around $100M, based on reports from the WSJ. However, around December of 2010 the firm began a series of acquisitions -- of a number of data backup provider, other EFAX providers, email marketing firms, unified communications, and more, culminating with the buy of Ziff Davis in November of 2012.

News 159

News Southern California Sales Los Angeles 159

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. Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today. million net loss.

Sales 40

Sales San Diego .Net Report 40

Both Sides of the Table

NOVEMBER 16, 2014

Eventually you need a VP of Product to handle your product roadmap, a CTO for engineering leadership and VPs of sales, marketing & biz dev. Of if your VP Sales isn’t complaining about marketing she’s trying to get the function reporting to her. They review competitors offerings and analyst reports.

Entrepreneur 385

Entrepreneur CTO Hire Startup Sales 385

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. general manager ( Stefano Benatti ) — filled more orders in the first two months of 2020 than all its sales for 2019, according to Cevolini.

Technical Review 277

Technical Review Competition Demand Sales 277