Success, Santa Barbara Style: Patagonian Sexwax With A Side Order of UGGS

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Six outstanding entrepreneurs have created this sweet flavor of success in one of the most beautiful places on earth – Santa Barbara, California. Santa Barbara has become a high-tech startup mecca, rivaling cities many times its size.

IPO Slowdown? Not For This Market: Santa Barbara

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Amid hand wringing about an IPO slowdown in 2015, there's one shining region which had a banner IPO and acquisition year last year: Santa Barbara. billion acquisition of lynda.com by LinkedIn last April, and three companies-- MindBody , Appfolio , and CytomX Therapeutics (founded out of UCSB)--all had their IPO on the NASDAQ in 2015. billion for that company, acquisition at Dun & Bradstreet Credibility Corp.

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Citrix Sale Effort To Impact Santa Barbara's Citrix Online

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An effort by Citrix Systems to sell itself to a buyer has a possibility of some major impact on Southern California, particularly at Santa Barbara-based Citrix Online. GoToMeeting, GoToAssist, GoToMyPC, and other related products are all run out of the Santa Barbara, Citrix Online business. citrix online santa barbara gotoassist gotomeeting expertcity merger acquisition private equity

Santa Barbara Gets Another $100M Plus Exit, At Aurrion

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Add another, high dollar exit for a young startup in Santa Barbara, adding to the region's growing list of successful technology exits: Aurrion. Aurrion is a spinout of UC Santa Barbara, and develops technology being used to make high speed optical networking in a more cost effective manner. Juniper had announced its acquisition of Aurrion earlier in the week, but had not disclosed how much it had paid for the small startup.

Citrix Sets January Date For GoTo Spinoff

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That business--headquartered in Santa Barbara--will become a separate subsidiary called GetGo , which will merge with a subsidairy of LogMeIn. Citrix develops GoToMeeting, GoToMyPC, GoToAssist, and other related products as part of that business, all of which were originally created by ExpertCity in Santa Barbara. Citrix hasn't provided updated numbers, but recently had around 600 employees in the Santa Barbara area working on its GoTo products.

Aurrion Acquired by Juniper Networks

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Goleta-based Aurrion , a developer of networking semiconductor technology which was spun out of UC Santa Barbara, has been acquired by Juniper Networks , according to Juniper's blog. Financial terms of the acquisition were not disclosed. aurrion juniper networks merger acquisition semiconductor electrooptics optics electronics ucsb spinout technology transfer

Sirigen Acquired By Becton, Dickinson

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Sirigen , a developer of fluorescent biomarkers used in flow cytometry, and which was started at the University of California, Santa Barbara, has been acquired by Becton, Dickinson and Co. sirigen becton dickinson merger acquisition biomarker exit ucsb

Metacloud, Eucalyptus, Inktank: SoCal Startups Now Powering The Cloud

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Based on a trio of recent, cloud technology acquisitions by major, Silicon Valley technology powerhouses, that would be Southern California. Three companies--all started in Southern California--have been picked up for their cloud technology over the last few months, including today''s acquisition of Pasadena-based Metacloud by Cisco Corp.; the acquisition of Santa Barbara-based Eucalpytus by HP last week; and the acquisition earlier this year of Los Angeles-based Inktank by Red Hat.

Citrix Moves Closer To Split Of GoTo Product Line

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Those products--most of which are developed in Santa Barbara--will be split out from Citrix in late 2016, according to the company. A large chunk of those products can trace their roots back to Santa Barbara's ExpertCity, which was acquired by December of 2003 and became Citrix Online. citrix online goto spinout expertcity merger acquisition

Ansible Acquired By Red Hat For Around $100M

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Santa Barbara-based Ansible > , a developer of IT automation software, has been acquireed by Red Hat , to help bolster Red Hat's management capabilities for hybrid and OpenStack clouds, and container-based services. ansible merger acquisition open source automation tools software

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Yardi Buys Software Firm

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Santa Barbara-based Yarsi , which develops software for property management, said Thursday afternoon that it has acquired ALMSA Corporation , a provider of software for the assisted living industry. yardi almsa merger acquisition electronic health records software lifescienceFinancial terms of the buy were not disclosed. ALMSA's software is used for electronic health record (EHR) and electronic medication administration in assisted living and long-term care communities.

Citrix Online Acquires Podio

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The Santa Barbara-based online services arm of Citrix is expanding its suite of software, after Citrix said this morning that it is acquiring Podio , a developer of collaborative work software for business teams. Financial details of the acquisition were not disclosed by the companies. Those products--GoToMeeting, GoToAssist, GoToWebinar, and other products--are all developed and managed out of Citrix Online Services in Santa Barbara.

D2 Technologies Buys Webia Technologies

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Santa Barbara-based D2 Technologies , which develops embedded IP communications software, reports today that it has acquired Webia Technologies , a developer of products for the Google Android OS platform. technologies voip software embedded android webia merger acquisition

DTS Launches Android Connected, Whole Home Audio System With Phorus Buy

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The new system looks to be direct competition for Santa Barbara-based Sonos, and its own wireless, whole home audio systems. The new competition comes thanks to the acquisition of Los Angeles-based Phorus, the wireless home audio speaker firm headed by Dannie Lau. phorus merger acquisition whole home audio sonos streaming music

This Startup Airline Lets You Fly Everyday / Any Day – For A Flat Fee

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As noted in Success, Santa Barbara Style , my definition of success includes living where you want to live and making money doing what you love. For many entrepreneurs in Santa Barbara, achieving such success would be much more difficult if it weren’t for the emergence of an innovative airline – Surf Air. If so, it seems there might eventually be consolidation – either a rollup or a series of acquisitions by a commercial carrier. Jeff Potter, CEO Surfair.

RightSignature's Competition Acquired By Adobe

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One of Santa Barbara-based RightSignature , a provider of software-as-a-service, electronic signature services, has been acquired by software giant Adobe. Financial details of that acquisition were not disclosed. rightsignature echosign adobe merger acquisition electronic signature saas softwareAdobe said Monday morning that it has acquired EchoSign , an electronic signature competitor of RightSignature. READ MORE>>.

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DFJ Frontier Gets Exit At ClearAccess

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Los Angeles- and Santa Barbara-based DFJ Frontier , the venture capital firm founded by David Cremin and Scott Lenet, has scored an exit at one of its portfolio firms, ClearAccess. frontier management telecom provider service cable network acquisition merger cisco clearaccessAccording to networking giant Cisco , it has acquired ClearAccess to bolster its network management capabilities for the service provider market. Financial details of the buy were not disclosed.

Yardi Acquires Insurance Firm

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Santa Barbara-based Yardi , which develops real estate investment management and property management software, said Tuesday afternoon that it has acquired Multifamily Insurance Group , a provider of renters insurance products. yardi merger acquisition real estate software property management insurance multifamily

Yardi Acquires German Software Company

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Santa Barbara-based real estate management software developer Yardi Systems has acquired a German company, iMS Immobilien Management Systeme GmbH , a developer of commercial property management software, the companies said very late last night. Financial terms ofthe acquisition were not disclosed. international german gmbh systeme management immobilien software estate real acquisition merger yardi

Evolus Acquired By Strathspey Crown

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Santa Barbara-based Evolus , a company producing clinical neurotoxins, has been acquired by private equity investor Strathspey Crown. Financial details of the acquisition were not disclosed. and a number of international markets with the acquisition. evolus merger acquisition biotech lifescience strathspey crown private equity

Entrepreneur Hack: This Remote Team Of 12 Generated $100M

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He then joined Picasa and was instrumental in its acquisition by Google. Dan shared his entrepreneurial insights with my UC Santa Barbara students, including the manner in which he built a virtual organization. A version of this article previously appeared Forbes.

Invested.in Buys MyNewFinancialAdvisor, Launches New Service

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Santa Monica-based crowdfunding site InvestedIn is announcing this morning that it has acquired Santa Barbara-based MyNewFinancialAdvisor , and is launching a new, invite-only site for premium investment opportunities. investedin merger acquisition mynewfinancialadvisor crowdfunding crowdsource

Channel Technologies Group Acquired By Private Equity Firm

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Santa Barbara-based Channel Technologies Group , a manufacturer and supplier of piezo-electric ceramics, transducers along with systems and services, has been acquired by private equity firm Blue Wolf Capital Partners. channel technologies group merger acquisition blue wolf ceramics transducers

Maximize Your Exit By Not Selling Your Company

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Although this is a somewhat unusual real estate transaction, it reflects a surprisingly common scenario in the business world of mergers and acquisitions, with one important distinction. A version of this article previously appeared in Forbes.

SoCal Sees Summertime Surge In Exits

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Irvine-based Vizio was sold for $2 billion to Chinese television maker LeEco; Santa Monica-based Dollar Shave Club was sold to Unilever for $1 billion; San Diego-based Nervana Systems sold for $350M to Intel; Agoura Hills-based TouchCommerce sold to Nuance for $215M; Santa Barbara-based Aurrion sold to Juniper Networks, for $165M, and West Hollywood-based Orbitera sold to Google for $100M.

Some Quick Thoughts on Exits for Technology Startups

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Later today I’m presenting at the annual Rincon Ventures Summit in Santa Barbara. Both can hurt you in an acquisition. Startup Exits: A Primer from msuster. I thought you might like to see an advance copy of what I’m going to cover.

Yardi Buys Another Service Provider

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Santa Barbara-based Yardi , which develops real estate and property management software, has acquired another firm, saying Thursday tht it has acquired the Multifamily Services Group (MSG) unit of ista North America. Financial terms of the acquisition were not disclosed. Yardi has been in an aggressive acquisition mode in the last few months, having purchase Lead Management Solutions in April, ALMSA Corporation in January, and Multifamily Insurance Group in August.

FindTheBest Takes On Car Classifieds

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The Santa Barbara startup said the entry into the classified market allows users to shop for cars by type, make, model, year, mileage, and color.

Coull Powers Under Armour As RevUpNet Buy Yields Gains

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UK-based Coull , a developer of technology which lets publishers and advertisers tag video products within videos, has just signed Under Armour, as the firm's acquisition of Santa Barbara-based online media agency RevUpNet starts to pay dividends. Coull quietly acquired RevUpNet, the firm co-founded by Santa Barbara entrepreneurs Ben Kibler and John Greathouse, for $2M in April. coull revupnet merger acquisition advertising video interactive

Citrix Completes Netviewer Buy

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Santa Barbara-based Citrix Online said today that it has closed on its acquisition of Netviewer AG , the developer of business collaboration software-as-a-service. Citrix had originally announced the acquisition on December 17th. citrix netviewer saas europe merger acquisition business softwareFinancial terms of the deal were not disclosed.

American Entrepreneurs – Be Happy You Are Not In Spain

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After studying at UC Santa Barbara''s entrepreneurial program , he returned to Spain, excited to start a venture and make a positive impact on his homeland. A version of this article previously appeared in Forbes.

AppFolio Files For IPO

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Appfolio--which is led by Brian Donahoo--is venture backed by Investment Group of Santa Barbara and BV Capital, along with such local angels as Andreas von Blottnitz and Klaus Schauser. blottnitz andreas schause klaus exit acquisition merger appfolioGoleta-based AppFolio has filed for an IPO, saying in a filing that it is hoping to raise up to $100M on the NASDAQ Global Market as APPF.

Citrix Buys Netviewer

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Santa Barbara-based Citrix Online said this morning that it is in a definitive agreement to acquired Netviewer AG , a developer of software-as-a-service tools for business collaboration. citrix online netviewer merger acquisition europe software saasFinancial terms of the deal were not disclosed. Netviewer is based in Europe. Citrix Online said the move will help accelerate its growth in Europe. The company said Netviewer has more than 18,000 customers using its products.