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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

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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 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.

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Southern California IPO List Gets A Little Longer

socalTECH

The list of Southern California companies who have filed, have been rumored to file, or have successfully completed IPOs has gotten a little longer this morning, after Santa Monica-based Cornerstone OnDemand filed for an IPO. Other firms currently in registration include Santa Monica-based Demand Media ; San Diego-based Zogenix ; Inphi Corp.

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SoCal Racks Up Another Successful IPO

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In recent months, Woodland Hills-based ReachLocal and Carlsbad-based MaxLinear also have managed to reach the markets via an IPO, and there are at least seven other Southern California companies waiting in the wings for the public markets.

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ReachLocal Up 15 Percent After IPO

socalTECH

The firm's stock was up in its debut despite a down market for the day, with the NASDAQ down -4.11 percent to 2,204.01. Santa Monica-based Demand Media , the Internet content publishing run by Richard Rosenblatt, also is widely expected to be in the process of filing for an IPO.