L.A. Business Journal

OCTOBER 4, 2021

Software company to develop new tool allowing companies to upsell during customer service interactions.

Custom 182

Custom Customer Services Tool 182

socalTECH

OCTOBER 4, 2021

El Segundo-based Stamps.com, which provides e-commerce shipping and online postage services, said last week that its stockholders approved a merger with private equity investor Thoma Bravo. The deal calls for Stamps.com stockholders to receive $330.00 per shar in cash for each share of Stamps.com common stock they own. The company said the acquisition is expected to close this week.

El Segundo 113

El Segundo Acquisition Equity Commerce 113

L.A. Business Journal

OCTOBER 4, 2021

In 2014, Igor Vaks knew the creator economy was going to boom — and he wanted to be a part of it.

147

147

socalTECH

OCTOBER 4, 2021

Culver City-based PacketFabric, a provider of optical network services for the enterprise market, said this morning that it has acquired RSTOR, a Saratoga, California-based cloud-based storage and data mobility products. Financial terms of the acquisition were not announced. PacketFabric is led by CEO Dave Ward. PacketFabric's network services are used to connect colocation facilities, cloud providers, and enterprises.

Culver City 113

Culver City Networking Acquisition Mobile 113

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

L.A. Business Journal

OCTOBER 4, 2021

Los Angeles aerospace companies won big in the latest round of Space Force contracts.

SpaceX 130

SpaceX Los Angeles Angel Company 130

socalTECH

OCTOBER 4, 2021

San Diego-based Qualcomm and New York investor SSW Partners said this morning that they are acquiring Veoneer, a developer of advanced driving systems that is based in Stockholm. The two said they will pay $37.00 per share in cash for Veoneer, giving the transaction a total equity value of $4.5 billion. According to the companies, the deal comes as a result of Veoneer terminating a prior acquisition agreement with Magna International.

San Diego 113

San Diego Equity Acquisition Capital 113

socalTECH

OCTOBER 4, 2021

Irvine-based electric vehicle maker Rivian is planning to raise up to $100M in an IPO, according to the company's S-1 filing. Rivian said on Friday that it has applied to list on the Nasdaq Global Select Market as RIVN. Rivian's IPO is being underwritten by Morgan Stanley, Goldman Sachs & Co. LLC, J.P. Morgan, Barclays, Deutsche Bank Securities, Allen & Company LLC, BofA Securities, Mizuho Securities, Wells Fargo Securities, Nomura, Piper Sandler, RBC Capital Markets, Baird, Wedbush Securities,

Pricing 113

Pricing Capital Marketing Invest 113

L.A. Business Journal

OCTOBER 4, 2021

PacketFabric will not retain RSTOR’s Saratoga headquarters.

Company 130

Company Companies Networking 130