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PayPal Completes $4 Billion Acquisition Of Honey

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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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Early Southern California Technology Pioneer, Gordon Marshall, Passes Away

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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

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HauteLook Acquisition Completes

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Department store firm Nordstrom said this morning that it has completed its acquisition of Los Angeles-based private sales site HauteLook. Nordstrom announced its acquisition of HauteLook on February 17th. Nordstrom paid $180M in cash plus up to $90M in earn out for HauteLook, for a transaction worth $270M. READ MORE>>.

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Honey Acquired By PayPal For $4 Billion

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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>>.

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SoCal Sees Summertime Surge In Exits

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In what looks to be an unprecedented surge in high profile, high value exits for high tech companies in Southern California, there have now been six big exits in the region over the last month worth over $100M. Those exits--worth more than a collected $3.8

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Reflections on 2018: Rob Freelen, Silicon Valley Bank

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Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. SoCal tech and life science companies are scaling faster than at any point in history. The answer is profit. Prior to the L.A.

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THQ Details Buyers, Numbers After Fire Sale

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Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers. THQ detailed the sale Wednesday night, saying the company's estate will receive approximately $72M in total through the sales of its owned studios and games in development. READ MORE>>.

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