socalTECH

NOVEMBER 13, 2013

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

Snapchat 210

Snapchat Report Southern California Journal 210

socalTECH

MAY 30, 2017

Venice, California-based Snap , the parent company of Snapchat , recently acquired neighboring Venice-based drone technology developer Ctrl Me Robotics , according to reports over the weekend. The deal was reportely worth less than $1M. Ctrl Me Robotics was founded by Simon Saito Nielsen. READ MORE>>.

Report 124

Report Venice Snapchat Technology 124

socalTECH

DECEMBER 20, 2016

Venice-based Snap , the parent firm of Snapchat, has acquired San Francisco-based ad technology developer Flite , according to reports this morning. According to recode, the acquisition is an "acquihire", and Snap is using the buy to help bring in new ad technology talent, rather than any software developed by Flite.

Report 100

Report Venice Snapchat Software Development 100

socalTECH

NOVEMBER 23, 2020

Venice, California-based Snap , the parent company of Snapchat has reported acquired Voisey , the developer of an app which lets users overlay their voice on top of existing music tracks.

Snapchat 113

Snapchat Venice Acquisition Report 113

socalTECH

FEBRUARY 24, 2020

Venice, California-based Snap has acquired the assets of ill-fated augmented reality (AR) hardware developer Daqri , according to a report today. Financial details of the asset acquisition were not announced. According to Protocol, the acquisition was of "certain Daqri assets" and around two dozen employees.

Venice 124

Venice Acquisition Startup Report 124

socalTECH

OCTOBER 6, 2016

Venice-based instant messaging company Snap Inc. otherwise known as SnapChat , is aiming at a March IPO, according to a report on Thursday afternoon. The WSJ reports that the company is looking to hit the market as early as March , in a deal which would value the company at $25 billion.

Snapchat 157

Snapchat Report Venice Invest 157

socalTECH

AUGUST 3, 2017

A report on Thursday said that Google offered to buy Venice, California-based Snap , the parent company of Snapchat , in a deal worth $30 billion. The report , from the Business Insider, cited "three people" including people "inside and close to the company" for the information.

Google 124

Google Report Snapchat Venice 124

socalTECH

NOVEMBER 15, 2016

A report on Tuesday afternoon from Reuters says that Venice, California-based social communications and networking app developer Snapchat has filed its paperwork for its IPO. No terms or details on that IPO have been yet announced by the company, which has been rumored to be working on an IPO for months. READ MORE>>.

Snapchat 100

Snapchat Report Venice Networking 100

socalTECH

AUGUST 2, 2017

Venice, California-based Snap is reportedly looking to buy Chinese drone maker Zero Zero Robotics , the maker of the "Hover" selfie drone. According to The Information, Snap is looking to pay between $150M and $200M for Zero Zero Robotics. The deal apparently was denied by Zero Zero Robotics' CEO Meng Qui Wang. READ MORE>>.

Report 113

Report Venice Snapchat Acquisition 113

socalTECH

MARCH 26, 2018

Venice, California-based Snap , the parent firm of Snapchat , has quietly acquired a 3D gaming engine developer based in the UK, according to a report. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May. No details on the acquisition have been announced by either of the companies.

Snapchat 138

Snapchat Venice Startup Report 138

socalTECH

JUNE 22, 2017

Venice, California-based Snap Inc. , the parent company of Snapchat , has acquired social app startup Zenly , in a deal reportedly worth $250M to $350M in cash and stock. Zenly is the developer of a social, location sharing app which lets you track where your friends are at any time.

Snapchat 113

Snapchat Report Venice Services 113

socalTECH

JANUARY 16, 2017

A report on Monday says that Evan Spiegel and Bobby Murphy, the founders of Venice-based Snap Inc. , The report cited "people familiar with the matter" in the yet-to-be-filed IPO, which is among the most anticipated in Southern California's history. via an IPO which will offer less powerful voting shares to investors.

Snapchat 100

Snapchat Report Southern California Venice 100

socalTECH

OCTOBER 26, 2016

Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. The report cites "people familiar with the matter" for the information.

Snapchat 100

Snapchat Report Venice Capital 100

socalTECH

OCTOBER 12, 2016

Venice-based Snapchat has selected two investments banks--Morgan Stanley and Goldman Sachs--to lead the company's much anticipated IPO, according to a report from Reuters Wednesday afternoon. The report--citing "a source familiar with the situation"--said the IPO would value Snapchat at $25 billion.

Snapchat 100

Snapchat Report Venice Invest 100

socalTECH

JANUARY 31, 2017

The highly anticipated IPO filing for Venice, California-based Snap Inc. , the parent company of Snapchat is now expected as early as this week, as reports say the company has selected the New York Stock Exchange (NYSE) for its listing. The company's IPO is rumored to value the company at more than $25 billion. READ MORE>>.

Snapchat 100

Snapchat Report Venice Company 100

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.

Snapchat 100

Snapchat Temple City Report Ventura 100

socalTECH

SEPTEMBER 15, 2015

Venice, California-based instant messaging app developer Snapchat launched a new feature, "Lenses" Tuesday, allowing users to overlay cute selfie filters and overlays on snaps. Financial terms of the acquisition were not announced, but the deal has been reported to be worth around $150M. Looksery was based in San Francisco.

Snapchat 100

Snapchat Venice Screening Tool 100

socalTECH

JANUARY 10, 2017

Venice, California-based Snap, Inc. , the parent company of Snapchat , said on Tuesday that it has not established a new international headquarters in London--despite media reports. The company said it has "one HQ, in Venice", and the changes in London simply involved billing advertising revenue in the UK through a UK entity.

Venice 100

Venice Snapchat Advertising Report 100

socalTECH

JUNE 5, 2017

Venice, California-based Snap Inc. , Financial details of the deal were not announced, but a report said Snap paid more than $200M for the startup. the parent firm of Snapchat , has acquired, location-based information startup Placed , according to Placed. Financial terms of the buy were not disclosed. Placed was based in Seattle.

Snapchat 113

Snapchat Venice Report Startup 113

socalTECH

SEPTEMBER 8, 2016

Southern California's tech industry appears to be seeing a bit of a mini IPO boom, with the latest IPO being San Diego's Airgain, which had its IPO on August 21st; another IPO filing, by Temple City-based Fulgent Genetics earlier this week; and a report that Venice-based Snapchat is out hiring an IPO banker. READ MORE>>.

Southern California 100

Southern California Temple City SoCal Ventura 100

socalTECH

FEBRUARY 2, 2017

Among the massive trove of information in Venice, California-based Snap Inc. 's Snap reported revenues of $404.48M in revenues for the year ended 2016, and total costs and expenses of $924.86M--much of that due to the huge increase in staffing for the company.

Santa Monica 100

Santa Monica Southern California Venice Technical Review 100

socalTECH

FEBRUARY 26, 2016

Venice-based Snapchat might be the darling of the technology startup scene, but there are at least three, privately held startups--and maybe, more--in Southern California who recently passed $100M in revenues, according to a look through recent announcements.

Snapchat 100

Snapchat Southern California OpenX SoCal 100

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others. What was the biggest news for your organization in 2018?

Southern California 113

Southern California SoCal Pasadena Startup 113

Both Sides of the Table

OCTOBER 8, 2014

This method was perfected by Gil Elbaz and his team at Applied Semantics in LA and in what some have called “ the most important acquisition ever made by Google ” they acquired the company for $102 million before Google had even IPO’d.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

SoCal Delicious

OCTOBER 8, 2012

If youre buying a luxury home or just like looking at them, check out this live chat from reporter Lauren Schuker Blum and WSJ.com real estate editor Matthew Strozier. Venices median home price in the first eight months of 2012 broke the $1 million barrier, rising to $1,012,000 from $899,000 in the first eight months of 2011.

Los Angeles 44

Los Angeles Software Review Technical Review Journal 44