Mon.Jul 19, 2021

Scopely Invests $50 Million in European Gaming Studios

L.A. Business Journal

Culver City-based mobile gaming company Scopely Inc. invested a combined $50 million in three boutique European game studios, the company announced July 19

Halo Technology Buys ARIA Technologies And Solid Optics

socalTECH

Irvine-based Halo Technology Group, a manufacturer of fiber optic transceivers and high speed cabling, said last week that it acquired two companies, Aria Technologies and Solid Optics. halo technology merger acquisitio aria technologies solid optics hardware networking

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General Motors Invests $71 Million to Launch Pasadena Campus

L.A. Business Journal

Detroit-based General Motors Co. will invest more than $71 million in a 149,000 square-foot campus in Pasadena, the automotive giant announced July 13

HyperX Renews Sponsorship With Female Gaming, Esports Streamer Valkyrae

socalTECH

Fountain Valley-based HyperX says it has renewed an existing sponsorship deal it has with Valkyrae, a female gaming streamer. Rachell "Valkyrae" Hofstetter will serve as a brand ambassador and HyperX Hero. Financial details of the sponsorship renewal were not announced. Valkyrae apparently has been full time streamer since 2016, and is on Twitch and YouTube. HyperX has a number of sponsorships with athletes, e-sports celebrities, gaming streamers, and others.

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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.

Stamps.com to Be Acquired for $7 Billion

L.A. Business Journal

El Segundo-based ecommerce postage company Stamps.com Inc. will be acquired by Thoma Bravo, a Chicago-based private equity firm, for $6.6 billion in cash, the companies announced July 9

Kite Sells Facility In MD To BioNTech

socalTECH

Santa Monica-based Kite, which is now owned by Gilean Company, says it has sold its R&D and manufacturing facility in Gaithersburg, MD, to. kite pharmaceuticals biontech manufacturing biotech lifescience

Faraday Future Launches App For Future Car Buyers

socalTECH

Los Angeles-based Faraday Future, the developer of electric vehicles, said it has launhed a new app, which it says it will eventually let users control the vehicle systems of its upcoming vehicles. In the meantime, the app allows users to configure and reserve the company's upcoming, first vehicle, the FF 91. The company said the app runs on both iOS and Android.