socalTECH

NOVEMBER 3, 2017

In a possible deal that would pull together two of Southern California's semiconductor giants, Broadcom is reportedly putting together a bid to acquire Qualcomm , in a deal worth more than $100 billion. According to a report from Bloomberg --quoting "people familiar with the matter"--Broadcom is planning on offering around $70.00 per share in cash and stock for Qualcomm.

Report 124

Report Southern California Networking Acquisition 124

SoCal Tech Calendar

NOVEMBER 3, 2017

Thursday, November 9, 2017 -- Silicon Beach Networking Mixer At WeWork in Playa Vista. Thursday, November 9th Starting at 6pm! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Make sure to bring your business cards and be ready to make awesome connections with people across all industries. We always have a great mix of people from Influencers to Startup CEO's and more.

Networking 100

Networking Startup Company Companies 100

socalTECH

NOVEMBER 3, 2017

Los Angeles- and Chicago-based IT consultantcy SDI Presence said on Thursday that it has acquired NexLevel Information Technology , an IT management firm based in Sacramento, but serving all of California. Financial terms of the deal were not disclosed. SDI said the deal will help it build out its local delivery capability throughout California. NexLevel was founded in 1999, and its clients include the California Highway Patrol, California Correctional Healthcare Services, City of San Diego, Cit

San Diego 124

San Diego Los Angeles Help Services 124

L.A. Business Journal

NOVEMBER 3, 2017

Snap acquired Metamarkets, Disney’s “Star Wars” augmented reality headset goes on sale and inside Hulu’s growing ad-sales research team.

Report 100

Report Research Sales 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

NOVEMBER 3, 2017

Venice-based Snap , the parent company of Snapchat , has reportedly acquired programmatic advertising startup Metamarkets , according to unconfirmed reports. Those reports place the transaction value of the buy at less than $100M. Metamarkets is based in San Francisco. Neither Snap nor Metamarkets have yet announced any acquisition. READ MORE>>.

Report 113

Report Snapchat Venice Advertising 113

Tech.Co

NOVEMBER 3, 2017

If you are starting to get a jump on your holiday list, we have some startups that have built some gadgets that could find its way into your life. Each week, TechCo features tech startups that can help streamline your daily life. This week in Startup Spotlight, we found a smart trashcan, full-size electric folding bike, biometric smart lock, and DIY STEM kits for all ages.

Startup 84

Startup Los Angeles Technology Help 84

Xconomy

NOVEMBER 3, 2017

Klotho Therapeutics , a virtual biotech developing a kidney disease treatment based on its proprietary engineered version of the human klotho enzyme, said Thursday it has raised $10 million in Series A financing from San Diego’s Thynk Capital. Thynk Capital founder and principal Jim Plante also is Klotho’s founder and CEO. Plante is a technology industry veteran in San Diego who has served as the CEO of Bel-Tronics, and as the founding CEO of SmartDrive Systems and Pathway Genomics.

San Diego 85

San Diego Study Capital Technology 85

socalTECH

NOVEMBER 3, 2017

San Diego-based fabless semiconductor startup Wiliot , which is developing Bluetooth chips which the company says do not require batteries, has raised $5M in a round of funding form Qualcomm Ventures and M Ventures, the strategic venture capital arm of Merck KGaA. The funding also included Grove Ventures Partners, Norwest Venture Partners and 83North Venture Capital.

Funding 113

Funding San Diego Venture Capital Capital 113

Tech.Co

NOVEMBER 3, 2017

If you are starting to get a jump on your holiday list, we have some startups that have built some gadgets that could find its way into your life. Each week, TechCo features tech startups that can help streamline your daily life. This week in Startup Spotlight, we found a smart trashcan, full-size electric folding bike, biometric smart lock, and DIY STEM kits for all ages.

Startup 70

Startup Statistics Design Customer 70

socalTECH

NOVEMBER 3, 2017

Think "Minecraft" meets "drone pilot", and what you get is AirCraft , a new augmented-reality app which lets drone pilots "build" a Minecraft-like world through flying their drones. DroneBase--the Los Angeles-based drone platform developer which is backed by Union Square Ventures, Upfront Ventures, Accel Partners, SV Angel and DJI--said its new AirCraft platform is designed to let either commercial or recreational pilots use their drone to "reate, edit, and share objects in the sky".

Design 113

Design Platform Los Angeles Software 113

Startup Professionals Musings

NOVEMBER 3, 2017

Ideas are a dime a dozen, but the inspiration to drive a great business is a lot harder to find. As a mentor to many aspiring entrepreneurs, I often get asked for next sure-fire idea. I have to tell them that anyone can find ideas, but only you as a person can find the passion to transform one into a successful business. That’s why investors talk about investing in the jockey, not the horse.

Ideas 54

Ideas Study Entrepreneur Customer 54

socalTECH

NOVEMBER 3, 2017

Orange, California-based sales data mapping software developer Geopointe said on Thursday that it has been acquired by The Ascent Group , a Detroit-based developer of cloud-based sales performance management software. Financial terms of the deal were not announced. Geopointe's software was used for mapping sales data from CRM tools. Geopointe's founder and CEO is Scott Hemmeter.

Sales 113

Sales Software Development Tool Software 113

Xconomy

NOVEMBER 3, 2017

The rising death toll from opioids has prompted policymakers to try various ways to take on the problem. President Trump’s opioid commission released its final report this week, calling for expansion of drug courts, better physician training, and penalties for insurers that don’t cover treatment. But the commission did not say how much its recommendations would cost , nor did it offer a way to pay for them.

News 49

News Training Report San Diego 49

socalTECH

NOVEMBER 3, 2017

San Diego-based Qualcomm has lobbed another lawsuit against Apple , as the two continue to battle it out over Qualcomm's royalties. According to the new lawsuit, which was filed on Wednesday, Qualcomm accused Apple for improperly sharing confidential documentation from the company with Intel, and also claims Apple refused a request to audit its handling of Qualcomm's software.

San Diego 113

San Diego Report Software Company 113

socalTECH

NOVEMBER 3, 2017

Los Angeles-based Puma Biotechnology said late Thursday that it has received $100M in a term loan funding, which came from Silicon Valley Bank and Oxford Finance. According to Puma, which is developing treatments for cancer, the loan is split into two funding tranches. An initial $50M tranche closed on October 31st, and will be use for general corporate purposes and commercialization of its NERLYNX compound; the remaining $50M is subject to achievement of certain milestones.

Los Angeles 113

Los Angeles Funding Angel Develop 113

socalTECH

NOVEMBER 3, 2017

In a further endorsement of how mainstream e-sports has become, the owners of the Los Angeles Rams and Denver Nuggets--Stan and Josh Kroenke--said officially on Thursday that they have created a brand new franchise as part of Blizzard Entertainment's Overwatch League: the LA Gladiators. According to the Kroenke's, the team will wear purple and white jerseys and have a roaring lion logo.

Entertainment 113

Entertainment Los Angeles Angel Capital 113