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RelationEdge, Based In San Diego, Acquired By Rackspace

socalTECH

San Diego-based RelationEdge , a provider of Salesforce consulting and digital agency services, has been acquired by cloud service company Rackspace , Rackspace said on Thursday afternoon. Financial details of the acquisition were not announced. READ MORE>>.

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Zayo Buys Two San Diego Data Centers

socalTECH

Zayo Group Holdings , a provider of fiber connectivity and colocation services, announced this morning that it has acquired two, San Diego area data centers. Zayo said the buy adds more than 100,000 square feet of space and 2 megawatts (MW) of power capability, and will help bolsters its growth on the West Coast. READ MORE>>.

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K1 Investment Management Sells San Diego's FMG Suite

socalTECH

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. billion.

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K2 Insurance Services Buys Software Company Loss Run Pro

socalTECH

San Diego-based K2 Insurance Services, which owns a number of insurance services companies, said it has acquired software developer Loss Run Pro. Financial details of the acquisition were not announced. Loss Run Pro develops subscription-based software that helps request, track, and manage loss runs.

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Xavient Digital Plans To Hire 250 Across LA, San Diego

socalTECH

Simi Valley-based Xavient Digital , a provider of IT solutions and software services, said it is in a major hiring push in the region, and plans to hire 250 people in the next few months in Los Angeles, San Diego, as well as other locations across the US.

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Lockerz Axes Plixi Team In San Diego

socalTECH

Lockerz , the Seattle-based social shopping and e-commerce site backed by Kleiner Perkins Caufield & Byers, has axed the company's San Diego office, in addition to laying off around 30 percent of its staff.

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ServiceNow Buys San Diego Specialist in Customer Experience, Design

Xconomy

ServiceNow (NYSE: NOW ), the Santa Clara, CA-based giant that provides cloud-based IT services, is boosting its emphasis on human-centered design with its acquisition of Telepathy , a San Diego specialist in customer experience and design. Financial terms of the deal were not disclosed.