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Southern California's Top 10 Most Popular Tech Stories Of The Year

socalTECH

What was Southern California's technology community most interested in 2012? Exits Down in 2011 - One of the most popular stories to be read on the site--perhaps. SpaceX Plans Launch Site In Texas - In April, SpaceX announced plans to set up a launch. The Complete Guide To Southern California Accelerators and.

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TrueCar Jumps In IPO As Socal Tech Exits Continue

socalTECH

Santa Monica-based TrueCar , the online new car pricing and buying site, jumped in its IPO Friday morning, trading up 16 percent in early trading this morning. The company--the second technology company to have an IPO this year from Southern California--was trading around $10.47 per share late last night. READ MORE>>.

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NextSpace Expands Beyond California With New Funding, Chicago Acquisition

socalTECH

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California. READ MORE>>.

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Three Southern California Firms Building Blog Empires

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Here are three, Southern California blog networks which have quietly growing their network of properties: BUZZMEDIA. The firm has been squarely aimed at the content and blog world, with recent hires of editors from AOL's PopEater, and TMZ.com, to help build out its sites. www.buzzmedia.com). Let us know!

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HauteLook Acquisition Completes

socalTECH

Department store firm Nordstrom said this morning that it has completed its acquisition of Los Angeles-based private sales site HauteLook. Nordstrom announced its acquisition of HauteLook on February 17th. Nordstrom paid $180M in cash plus up to $90M in earn out for HauteLook, for a transaction worth $270M. READ MORE>>.

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Facebook IPO Hits Markets Today: Will It Spur SoCal IPO Activity?

socalTECH

As Mountain View-based social networking site Facebook hits the market today, in what is the largest tech initial public offering in history, one question is if it will spur what has, so far, been a lackluster IPO market for Southern California technology firms. In comparison, Facebook's IPO today will raise $18.4

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SoCal Investor Benefits From Fabrinet IPO

socalTECH

A little known Southern California venture capital investor is benefiting from the IPO of Silicon Valley-based Fabrinet today, after Fabrinet said it has priced its IPO and will list on the New York Stock Exchange. Shea web site. Tags: venture capital fabrinet merger acquisition. percent of the company.