Fri.Apr 21, 2017

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Fiber-optics Company’s Sale a Crowning Moment

L.A. Business Journal

Crown Castle International Corp. agreed last week to acquire downtown telecommunications firm Wilcon Operations in a $600 million deal with private equity firm Pamlico Capital.

Sales 160
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Decoding The Secret To Success In Subscription Businesses: Georg Richter, OceanX

socalTECH

What's the secret to creating a profitable, successful, physical subscription based business--and to do that at the scale of large, consumer product goods (CPGs) companies? Georg Richter , CEO and founder of OceanX (www.oceanx.com), tells us how he's applying what he learned in many years of experience in direct selling, most recently as President and COO at Guthy Renker, to help large CPGs decode how to succeed in creating their own, physical subscription businesses. xWe spoke with a few compan

Startup 145
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Silicon Beach Report April 21: Snap Inc. Acquires GeoFilter Patent from Mobi for $7.7 Million

L.A. Business Journal

Snap Inc. acquires geofilter patent from Mobi for $7.7 Million, Hyperloop One’s Chief Marketing Officer Kimberly Salzer leaves for Ozobot, and CalTech, UCLA ranked top universities for technology transfer.

Patents 113
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Caltech, UCLA, UCSD Rank Highly On Tech Transfer Ranking

socalTECH

The California Insitute of Technology (Caltech), the University of California, Los Angeles (UCLA), and the University of San Diego (UCSD) have all ranked very highly on a new ranking of universities for their technology transfer efforts, issued by The Milken Insitute , the Santa Monica-based thinktank. Caltech was ranked number 9, UCLA was ranked 15, and UCSD was ranked number 20 in a ranking over over 200 universities in the United States for their efforts in developing basic research into new

UCSD 133
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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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Rocket Firm High on New Course in Business

L.A. Business Journal

Aerojet Rocketdyne may look to pad its rocket revenue by adding satellite launch services.

Course 154
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Gannett Co.'s ReachLocal Arm Acquires SweetIQ Analytics

socalTECH

Woodland Hills-based ReachLocal , the digital marketing service now owned by Gannett Co. , has acquired SweetIQ Analytics Corp. , a developer of software for location and reputation management. Financial terms of the acquisition were not announced. Gannett Co. said the acquisition will help it accelerate its product roadmap and expand the ReachLocal digital marketing suite of products.

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OpenX Names UX VP

socalTECH

Los Angeles-based OpenX , the programmatic advertising marketplace operator, said on Thursday that it has named Janice Rohn as its new Vice President of User Experience (UX). Rohn, who wil be based in Pasadena, will lead the company's User Experience (UX) team, according to the company. Rohn was most recently Vice President, User Experience at PubMatic, and also had served at AT&T, Experian, World Savings Bank, Siebel Systems, Sun Microsystems, as well as Stanford University and Apple.

OpenX 113
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Growth Capital Conference

SoCal Tech Calendar

Thursday, April 27, 2017 -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, online demos. Hot Networking Breakfast at 7:00 AM sharp!

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The Gores Group Sells Fotona

socalTECH

Los Angeles-based private equity investor The Gores Group announced very late Thursday evening that it has reached a definitive agreement to sell Fotona Holdings , a manufacturer of high performance lasers for the medical, dental, and aesthetic market, to AGIC Capital. Financial details of the sale were not announced. The Gores Group said it acquired Fotona in 2014, through its Small Capitalization Partners investment fund.

Equity 113
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Smart Entrepreneurs Favor People-Centric Leadership

Startup Professionals Musings

Every business needs repeatable processes to grow and thrive, but modern business processes need the right people to make them efficient and productive. In addition, today’s customers judge a company by perceived people relationships through social media, phone conversations, and sales experiences. The right people make productive processes, not the other way around.

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Bio Roundup: Spinraza Woes, Science March, Baseline Launch & More

Xconomy

Rumblings of a new Obamacare replacement surfaced this week, while scientists and their supporters prepared for Saturday’s—a.k.a. Earth Day’s—nationwide Marches for Science. Our own reporting focused this week on the fallout from high drug prices, with a look at the frustration of families whose children have had trouble gaining access to the first drug ever approved for the rare spinal muscular atrophy.

Study 49