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Qualcomm Gets Exit At Eero

socalTECH

San Diego-based Qualcomm has seen an exit at one of its Qualcomm Ventures portfolio companies, Wi-Fi mesh equipment maker Eero , which was acquired by Amazon on Monday. Financial terms of the acquisition were not announced. READ MORE>>.

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IPOs Slow In Q1, But SoCal Sees Some Activity

socalTECH

IPO of San Diego's Gossamer Bio , and two smaller IPOs that included Santa Monica's Super League Gaming ($25M raised) and San Diego-based Inmune Bio ($8.0M). Despite the slowdown, Southern California managed to produce three IPOs in the first three months of 2019, including the $317.0M

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Wilcon Buys Freedom Dark Fiber Networks

socalTECH

Financial terms of the acquisition were not announced. Wilcon said its network now connects Los Angeles, Burbank, Pasadena, Santa Monica, Woodland Hills, Thousand Oaks, Santa Clarita, Long Beach, Irvine, Riverside, Carlsbad and San Diego. READ MORE>>.

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Southern California IPO List Gets A Little Longer

socalTECH

The list of Southern California companies who have filed, have been rumored to file, or have successfully completed IPOs has gotten a little longer this morning, after Santa Monica-based Cornerstone OnDemand filed for an IPO. Tags: southern california initial public offering exit merger acquisition.

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SoCal Sees Summertime Surge In Exits

socalTECH

The exit activity has been far and wide across the region, ranging from Santa Barbara to San Diego, and providing stunning returns for a large list of venture and angel investors in those companies. Those exits--worth more than a collected $3.8 READ MORE>>.

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Southern California Linked IPOs Grow

socalTECH

In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.

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TakeLessons CEO Discusses Chromatik Buyout, Why it’s a Good Fit

Xconomy

San Diego-based TakeLessons set out nine years ago to create a Web-based platform that helped match music students with qualified instructors. Now TakeLessons has completed another acquisition, buying Chromatik, a Santa Monica, CA-based provider of digital sheet music.