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eBay Launches Local Shopping App In San Diego

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eBay has launched a new, local buying and selling app called Close 5 this week in San Diego, aimed at helping users buy and sell products to other local users. The new app comes thanks to eBay''s recent acquisition of Rumgr, which was developing social selling apps very similar to Close 5. READ MORE>>.

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SoCal Investors Score With Klout Acquisition

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Klout''s investors include Silicon Beach angel investor Paige Craig; San Diego angel investor Howard Lindzon; Tom McInerney, a regular investor in Silicon Beach startups; and Greycroft Partners, which has a big presence in Southern California. klout litihium technologies merger acquisition influence social media paigecraig lindzon'

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ACTIVE Network In $1.05 Billion Acquisition Deal With Vista Equity Partners

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San Diego-based sports and activity registration service Active Network announced this morning that it has agreed to be acquired by private equity firm Vista Equity Partners , in a deal valued at approximately $1.05 active network merger acquisition sports vista equity partners buyout' READ MORE>>.

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San Diego's Express Logic Acquired By Microsoft

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San Diego-based Express Logic , a developer of real-time operating systems (RTOS) used heavily in industrial settings, has been acquired by Microsoft , in a bid to extend Microsoft's footprint into the real time OS arena. Financial details of the acquisition were not announced. billion deployments in devices. READ MORE>>.

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Zui Acquired By Saban Brands

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San Diego-based Zui , the kids friendly Internet portal which runs KidZui, has been acquired by Saban Brands , Saban said this morning. As a part of the acquisition, Saban said it will establish a new physical presence in San Diego, and add 12 employees to its organization.

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Tesla Buys San Diego's Maxwell Technologies For Energy Storage Tech

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Tesla Motors , the electric car-and-solar panel company led by Elon Musk, is acquiring San Diego-based technology developer Maxwell Technologies , in a deal worth approximately $218M, the companies announced on Monday. ACcording to the two, the merger agreement calls for Tesla to pay $4.75

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K1 Investment Management Sells San Diego's FMG Suite

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Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

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