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Vcorp Services Acquired By Wolters Kluwer

socalTECH

Los Angeles- and New York-based Vcorp Services , the provider of business formation and other corporate legal services, has been acquired by Wolters Kluwer Governance, Risk & Compliance , a Netherlands-based provider of risk and compliance services. Financial details of the acquisition were not announced.

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TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

socalTECH

Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. TeleSign will continue to be run by CEO Aled Miles.

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. But if you ask anyone in the ecosystem of customer acquisition?—?founders, and you’ll hear the same thing: customer acquisition (CAC) is getting harder and more expensive.

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Viasat Completes Rignet Acquisition

socalTECH

Carlsbad-based satellite communications and equipment provider Viasat said Friday that it has completed its acquisition of Rignet, a provider of high speed communications services to the oil and gas and other similar industries. The deal was worth approximately $222M in stock.

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AeroVironment Completes $405M Arcturus UAV Acquisition

socalTECH

Simi Valley-based Aerovironment said yesterday that it has completed the $405M acquisition of Arcturus UAV, a designer and manufacturer of high performance, unmanned aircraft systems (UAS). The deal had originally been announced on January 13th.

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QAD Completes Allocation Network GmbH Acquisition

socalTECH

Santa Barbara-based QAD, which develops software for the manufacturing sector, said Tuesday afternoon that it has completed its acquisition of Allocation Network GmbH. Financial terms of the acquisition were not announced. Allocation Network GmbH was based in Munich, Germany. QAD is led by CEo Anton Chilton.

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Stamps.com Stockholders Approve Private Equity Acquisition

socalTECH

El Segundo-based Stamps.com, which provides e-commerce shipping and online postage services, said last week that its stockholders approved a merger with private equity investor Thoma Bravo. The company said the acquisition is expected to close this week. The deal calls for Stamps.com stockholders to receive $330.00 billion in cash.