socalTECH

JULY 26, 2017

Pasadena-based forensics software maker Guidance Software has agreed to be acquired by OpenText , in a deal worth approximately $240M, Guidance said this morning. Guidance, which is best known for developing the EnCase forensic security software, said OpenText will pay $7.10 per share in cash for all of the company's outstanding shares. Guidance was advised by Morgan Stanley and Atlas Technology Group, along with Latham & Watkins, in the deal.

Software 153

Software Pasadena Technology Develop 153

L.A. Business Journal

JULY 26, 2017

National security concerns have forced Global Eagle Entertainment, an in-flight Wi-Fi service, to cancel a $416 million investment agreement with China’s Beijing Shareco Technologies to create a new joint venture for the Chinese market.

Entertainment 133

Entertainment Invest Services Marketing 133

socalTECH

JULY 26, 2017

Los Angeles-based online electronics retail Newegg said today that it has tied with non-profit charity No Kid Hungry , to support the group's efforts to help combat childhood hunger. According to Newegg, it will build awareness of No Kid Hungry's efforts within its base of customers, encouraging them to donate in increments of $1, $5, or $10, and match donations from its customers up to $75,000.

NewEgg 138

NewEgg Los Angeles Customer Custom 138

L.A. Business Journal

JULY 26, 2017

Global Eagle to cancel $416 million deal with Chinese firm over national security concerns, Guidance Software acquired for $240 million, and Elon Musk reveals car elevator at Boring Co. site.

Sites 100

Sites Report Software 100

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

socalTECH

JULY 26, 2017

Los Angeles-based FairClaims has raised $1.8M in a funding round, to go towards the startup's online dispute resolution services. According to the company, the funding came from Fika Ventures, Crosslink Capital and Greycroft. The funding came on top of an earlier, $285,000 in seed funding the company received from Brian Liu (co-founder of legalzoom), Mark Goldstein, and Mark Goines (NOLO, Intuit Turbotax).

Legalzoom 133

Legalzoom Seed Funding Los Angeles Funding 133

SoCal Tech Calendar

JULY 26, 2017

Tuesday, August 1, 2017 -- SIGGRAPH 2017. The annual SIGGRAPH conference is a five-day interdisciplinary educational experience in the latest computer graphics and interactive techniques, including a three-day commercial exhibition that attracts hundreds of companies from around the world. The conference also hosts the international SIGGRAPH Computer Animation Festival, showcasing works from the world's most innovative and accomplished digital film and video creators.

Conference 100

Conference Education Content Company 100

Xconomy

JULY 26, 2017

Genomics startups are increasing in number and quality, so much so that three-year-old Illumina Accelerator has expanded with its latest class to accommodate five of them. Xconomy got an early look at the specialty accelerator’s sixth cohort, which includes a company named for a butterfly and the accelerator’s first digital health startup. Illumina (NASDAQ: ILMN ), a San Diego-based company that was a pioneer in gene sequencing technology, founded the accelerator in 2014, along with Russian bill

Startup 79

Startup San Diego Class Capital 79

socalTECH

JULY 26, 2017

San Diego-based Qualcomm and Japanese electronics components maker Nichicon said on Tuesday that the two are in a new licensing agreement, which covers commercial wireless electric vehicle charging systems for plug-in-hybrid (PHEV) and electric vehicle (EV) systems. According to the two, Nichicon will incorporate Qualcomm's Halo WEVC technology in its product portfolio, and intends to develop, manufacture and supply WEVC systems based on Qualcomm Halo technology.

San Diego 124

San Diego Technology Product Develop 124

Startup Professionals Musings

JULY 26, 2017

Why do some people you know at work consistently get things done, while others never seem to finish anything? It’s certainly not all about intelligence, skills, and training. Some of the best-prepared people I know are the least productive, and they are quick to offer the excuse that they are idea people, perfectionists, or easily distracted. Most experts agree the real key is motivation.

Satisfaction 53

Satisfaction Startup Metrics Product 53

socalTECH

JULY 26, 2017

San Diego-based nonprofit EvoNexus has launched a new class of companies to its startup incubator, the group said on Tuesday, for both its San Diego and Irvine locations. According to EvoNexus, it has added 16 new companies to its portfolio of startups, split between both locations. The new San Diego companies include Accel Robotics (vision recognition), CB Therapeutics (biosynthesis of cannabinoids); DoWhop (peer to peer marketplace for activities); Elevada (data scrubbing software); GigaIO Net

Incubator 124

Incubator Class San Diego Software 124

StartUp Beat

JULY 26, 2017

Broadband access in the US has come under both scrutiny and criticism recently with a lack of competition being blamed for sub-par services. Rural US has been at the heart of the discussion, but cities aren’t doing much better with nearly two thirds of the population of Los Angeles living in an area with only one provider. BroadbandNow, a free-to-use website shines a light on possible alternatives for customers.

Software Review 40

Software Review Technical Review Competition Statistics 40

socalTECH

JULY 26, 2017

AT&T , which has been ramping up its efforts and presence in Los Angeles, both with technology and Hollywood, said this week that it has topped 500,000 subscribers on its over-the-top (OTT) streaming platform, DIRECTV NOW. The service--which is run out of AT&T's El Segundo offices--provides access to both live and on-demand television, delivered by high speed Internet and mobile broadband.

El Segundo 113

El Segundo Hollywood Demand Los Angeles 113

socalTECH

JULY 26, 2017

Los Angeles-based Global Eagle Entertainment , a developer of in-flight entertainment products and provider of broadband Internet services, has called off a $416M majority investment deal from Chinese company HNA Group , after the U.S. refused to approve the transaction. The two companies failed to gain approval from the Committee on Foreign Investment in the United States (CFIUS).

Entertainment 113

Entertainment Invest Southern California San Diego 113

socalTECH

JULY 26, 2017

TenOneTen Ventures , the Los Angeles venture capital firm founded by David Waxman and Gil Elbaz, is aiming to raise $50M in its second venture fund, according to a regulatory filing from the company filed this week. TenOneTen is an investor in such companies as AirMap, Joymode, Conversion Logic, Replicated, Ranker, and many other local Los Angeles area startups.

Funding 113

Funding Venture Capital Los Angeles Google 113

socalTECH

JULY 26, 2017

Carlsbad-based satellite broadband provider ViaSat has been selected by Northrop Grumman Australia , as part of a deal to create a new, satellite communications network for the Australian Defence Force (ADF), the company announced this morning. According to ViaSat, Northrop has selected the company as a key partner to deliver a next-generation satellite communications (SATCOM) network to the Australian Defence Force (ADF), as part of the ADF's Joint Project 2008 Phase 5B2.

Networking 113

Networking Company Companies 113