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Report: IPOs On Track For Best Year Since 2007, But Only One Q3 Area Tech IPO

socalTECH

A new report today, issued by E&Y, says that the global IPO market is on track to be the best year since 2007. The E&Y Global IPO trends report said it expects the total global IPO volume to reach 1,600 to 1,700 deals and a total of $190 billion in proceeds this year. READ MORE>>.

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Jam City Acquires Bingo Pop Mobile Game

L.A. Business Journal

Culver City–headquartered mobile game developer Jam City Inc. reported Nov. The news came less than two weeks after Jam City announced its strategic partnership agreement with the Walt Disney Co. 28 it acquired a new title from Uken Studios Inc., which does business as Uken Games.

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Silicon Beach Report Jan. 18: L.A. Among the Finalists for Amazon’s 2nd Headquarters

L.A. Business Journal

among the finalists for Amazon’s 2nd headquarters; Jam City develops ‘Harry Potter’ game; and Apple leases 128,000 square feet in Culver City.

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Sony Pictures Corporate Network Shut Down By Hacker

socalTECH

Operations over at Culver City-based Sony Pictures have apparently been completely shut down by a hacker, who apparently hacked into and disabled the company''s corporate network. According to reports, a hacker is apparently holding the company''s data hostage, giving the company a deadline of 11pm tonight to meet unspecified demands.

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Silicon Beach Report Jan 23: Esports One Raises $3 Million to Help Viewers Make Sense of E-sports Competitions

L.A. Business Journal

pitches Culver City Council on tunneling plan. Esports One raises $3 million to help viewers make sense of e-sports competitions; Snapchat to let users share content on other social networks; and Boring Co.

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NantHealth Gets Win In Florida

socalTECH

Culver City-based personalized medicine technology devleoper NantHealth reported a win this morning in Florida. NantHealth said that it has signed a licensing agreement with the state, which gives access to its GPS Cancer test. That test is used by oncologists to guide patient treatment strategy.

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Media Temple Parent GoDaddy Approaches IPO

socalTECH

The parent company of Culver City-based hosting service Media Temple -- GoDaddy --is getting closer to an IPO, based on reports Wednesday that the company has hired on several investment bankers for its public offering.