Southern California Linked IPOs Grow

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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. Other recent IPOs with Southern California roots include Inphi Corp.

NewEgg Pulls IPO

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City of Industry-based online electronics retailer NewEgg has pulled its IPO, the firm said in a filing with the SEC late Friday. NewEgg had filed for an IPO in September of 2009.

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NewEgg Takes On Amazon Prime

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City of Industry-based NewEgg , the unsung, billion dollar e-commerce giant which is among the largest online businesses in Southern California, is taking on Amazon Prime with a new program it launched this morning-- NewEgg Premier. The program looks to be a parallel to Amazon.com''s popular Amazon Prime service, which offers similar benefits albeit across a wider range of products.

SoCal Racks Up Another Successful IPO

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Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday. 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.

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. 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.

Port Logistics Group Buys Two SoCal Firms

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Venture funded Port Logistics Group, a new rollup focused on the transportation, logistics, and distribution industry, said today that it has acquired Rancho Dominguez-based Transport Express, and City of Industry-based 3rd Party Enterprise/Operon, two logistics providers based in Southern California. The firm--which launched itself today with a undisclosed amount of funding from Austin Ventures--did not disclose financial terms of the buys.

HP Settles With Two SoCal Firms Over Inkjet Imports

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Printer giant HP disclosed this morning that it has settled with two, Southern California importers of inkjet cartridges, as part of a larger investigation by the United States International Trade Commission (ITC) over importation and sale of HP 02-comatible inkjet ink cartridges. HP said that those two firms have agreed that HP's patents are valid, will cease and desist from selling HP 02 cartridges, and have paid the firm an undisclosed amount of money.

NewEgg Kicks Off Early Holiday Shopping Season

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NewEgg is based in the City of Industry, and quietly reached over $2 billion in sales, and is one of Southern California's biggest e-commerce retailers.

Tech Firm Ties With Dodgers

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headquarters in the City of Industry--which will include both branding of a Dodgers limited-edition PC netbook, plus usage of MSI's PCs throughout the Dodgers operation. Financial details of the deal are not being disclosed, however, MSI will be selling the Dodgers limited-edition PC and Netbook through retailer La Curacao, which operates departments stores in Southern California and Arizona.

NewEgg Loses CEO

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City of Industry-based Newegg , the online retailer of electronics, computer, and other items, said Monday afternoon that CEO and Director Tally Liu has departed the firm. The firm said that Foudner and Chairman Fred Chang resumes his role as CEO of Newegg, with S.C.

Newegg Sees Sales Record

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Another Southern California-based ecommerce retailer is reporting that it had record breaking sales over the weekend, the traditional kickoff to the holiday buying season.

And Then There Were Three: RealD Hits Markets Today

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With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. shares of its common stock. RealD joins Woodland Hills-based ReachLocal and Carlsbad-based MaxLinear among the list of local firms with a successful IPO this year.

ReachLocal Up 15 Percent After IPO

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The firm sold 4,166,667 shares of stock at $13.00 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. Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 percent after its IPO Thursday, closing at $14.98, up $1.98.

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

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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. The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar.