Fri.Oct 18, 2019

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AECOM Sells Unit for $2.4 Billion

L.A. Business Journal

AECOM plans to sell its management services business to private equity firms for $2.4 billion.

Equity 183
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Ingram Micro Expands In Indianapolis

socalTECH

Irvine-based Ingram Micro , the IT services giant, said that its Ingram Micro Commerce & Lifecycle Services arm is opening up a second facility in Indianapolis, Indiana. According to the company, the new facility will be used for IT asset disposition (ITAD) for its customers, and is the fourth facility it now runs for disposal of IT assets; the other centers include an existing one in Indianapolis, plus one in Chandler, Arizona and Pine Brook, New Jersey.

Commerce 100
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Scaling up Business Growth Workshop

SoCal Tech Calendar

Thursday, October 24, 2019 -- Scaling up Business Growth Workshop. Take your leadership team and your business higher! Come to a Half-Day Bootcamp and Get the Tools to Scale Up Your Business using the proven Four Decisions Methodology and Rockefeller Habits. The timing is perfect for completion of 2019 and planning initiatives for 2020! All of the money collected will go to benefit the Santa Monica Chamber Foundation, and is a 501c3 contribution.

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Activision To Roll Out Battle Pass Model For Call Of Duty: Modern Warfare

socalTECH

Santa Monica-based game publisher Activision said Thursday that it is turning its content model away from "loot boxes" to the "battle pass" model, for its upcoming launch of Call of Duty: Modern Warfare. According to Activision, the new "Battle Pass" system replaces its previous "loot box" system to unlock features and items in the game. Loot boxes have been the target of legislation which say they are tantamount to gambling, because those loot boxes do not reveal exactly what in-game items are

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Growth Capital Conference

SoCal Tech Calendar

Thursday, October 24, 2019 -- Growth Capital Conference. Pitch to and Network with invvestors: Angels, VCs High Net Worths,Strategic Partners and 100 entrepreneurs needing capital. DEAL DISPLAYtm showcases growing firms needing capital and counsel.View products, videos, online demos.Hot Networking Breakfast at 7:00 AM sharp! See [link].

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Newegg Canada Hits 10 Years

socalTECH

Los Angeles-based online electronics e-commerce retailer Newegg has just hit ten years in the country of Canada, the company said this week, which the company said has been instrumental in its position in North America over the last decade. Newegg now reaches more than 80 countries. The company said it is offering up special pricing and deals on items in Canada as part of the anniversary.

NewEgg 100

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Video Interview: Nancy Soni, PathMatch

socalTECH

Our video interview today is with Nancy Soni , the founder and CEO of PathMatch (www.pathmatch.com), a Los Angeles startup that helps high school and college students connect to career paths that fit their personality, strengths, interests, goals, values, and location preferences. We talked with Nancy about the startup, as well as how she founded the company.

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M13 Raises $175M for Second Fund

L.A. Business Journal

Virgin Group Richard Branson invests in M13’s $175 million fund.

Funding 154
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6 New Organizational Lessons From Amazon and Alibaba

Startup Professionals Musings

In my current role as a business consultant, I still find that most companies, large and small, organize themselves wholly based on what goes on inside the company, rather than looking outside – at their networks, their partners, and the niche they wish to dominate. The result is a hierarchy and a static group of silos that doesn’t adapt to market changes and competitors.

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Knowable Universe Raises $3.75 Million Seed

L.A. Business Journal

Online learning startup Knowable Universe raised a $3.8 million seed round featuring participation from Upfront Ventures.

Startup 100
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Bio Roundup: Ichnos Emerges, Beyond CAR-T, BridgeBio Bails & More

Xconomy

New brand-name drugs typically grab the life science headlines. A venture capital firm will invest tens of millions to develop one and a pharmaceutical company hopes to recoup hundreds of millions by selling it. But a shortage of one particular chemotherapy is showing the crucial role generic drugs play in healthcare. This week, The New York Times reported on a shortage of vincristine, a generic chemotherapy used to treat pediatric cancers.

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Verishop Hits $30M Mark

L.A. Business Journal

Verishop, founded by former Snap exec Imran Khan, finalizes a $12.5 million pre-Series B raise.

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