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Newegg Plans Boost In Holiday Hiring

socalTECH

Los Angeles-based online electronics retailer Newegg announced this morning that it is planning a larger than expected "hiring surge" for the upcoming holiday shopping season. Most of the positions are at its headquarters in the City of Industry. READ MORE>>.

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NZXT Gets $100M For Gaming PCs

socalTECH

City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. The funding came from private equity investor Franciso Partners.

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Chinese Drone Manufacturer Wingsland Sets Up Shop In LA

socalTECH

Wingsland Technology , a Chinese manufactuer of drones for the consumer market, announced on Wednesday that it has opened up its first international office, in Los Angeles. According to the company, the new office will help it service the growing U.S.

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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. The high level of IPO activity--if those firms manage to make it to market--would make this year one of the most active IPO years here since the dot com bust.

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NewEgg Launches Same Day Delivery In LA

socalTECH

City of Industry-based online retailer Newegg said Monday that it has begun testing same-day delivery in Los Angeles, allowing consumers to order electronics and other items from the company by 11 a.m., NewEgg said that it will start delivery in "select communities" in the Los Angeles metropolitan area.

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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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Southern California Linked IPOs Grow

socalTECH

The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.