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Newegg Looks To Hire And Place Fry's Electronics Workers

socalTECH

According to Newegg, it has "dozens" of open positions at its City of Industry headquarters, and also that its in-house staffing agency, Newegg Staffing, is actively recruiting for outplacement roles at local businesses, including temporary, permanent and seasonal positions.

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Southern California Firms Queue Up For The Public Market

socalTECH

The long list of Southern California high tech companies lined up for the public markets just got a little longer this morning, with the addition of Inphi Corp. So far, two companies-- Woodland Hills-based ReachLocal , which completed its IPO in May, and Carlsbad-based Maxlinear , which hit the markets in March, have had successful IPOs.

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NewEgg Pulls IPO

socalTECH

City of Industry-based online electronics retailer NewEgg has pulled its IPO, the firm said in a filing with the SEC late Friday. In the filing, the firm said that it "determined not to proceed with the initial public offering" but did not give any explanation. NewEgg had filed for an IPO in September of 2009. READ MORE>>.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.