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PPG Invests $15.5M In Burbank Research Center

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billion developer of paints, coatings and specialty materials based in Pittsburgh, says it has invested $15.5M in an upgrade of its Burbank research and technology center. PPG , a $15.4

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Disney Invests $15M In Kahoot, Maker Of Learning Games

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Burbank-based Disney has made a $15M investment in Norwegian educational and learning games developer Kahoot , Kahoot said Friday, in a deal which grows Disney's stake in the company. READ MORE>>.

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Steamboat Ventures Cuts US Investment Efforts

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In yet more attrition from Southern California's venture capital ranks, Burbank-based Steamboat Ventures , the venture capital arm of the Walt Disney Company, looks to have sharply pulled back on its U.S. investment efforts. According to the firm's website, it has trimmed its list of Managing Directors in the U.S. READ MORE>>.

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Jam City Raises $350M, Acquires Ludia For $165M

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Jam City said the new, $350M funding round was a combination of equity and debt, and included Netmarble, Kabam, and affiliates of funds managed by Fortress Investment Group. The games publisher had previously acquired Rainbow Star studio in Burbank, TinyCo in San Francisco, Uken Games in Toronto, and 231Play in Berlin.

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Report: Disney Will Not Bid On Twitter

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A report, published late Wednesday evening, says that Burbank-based Walt Disney Co. Salesforce.com has been named as the most probably buyer for Twitter, which appears to have been running an investment banking process in its attempt to find a buyer. Disney had been reported to be looking at Twitter in September. READ MORE>>.

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Steamboat Ventures Seeks New $100M Fund

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The investment firm--which once was located in Burbank--has shifted its operations to Hong Kong, and now looks to be focusing strongly on overseas rather than domestic investments. The last, Southern California investment by Steamboat looks to have been in Edgecast back in 2013. READ MORE>>.

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Poly Plant Project Invests In Memory Firm

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Burbank-based Poly Plant Project , a developer of semiconductor process technology for building polysilicon for producing solar cells and modules, has invested in a Silicon Valley firm, 4DS. 4Ds said that Poly Plant Project made the investment as part of a multi-million dollar equity investment.

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