ConsumerTrack Expands In El Segundo, Ramps Hiring

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Los Angeles-based ConsumerTrack , the operator of GoBankingRates.com and other personal finance content and lead generation sites, said today that it is expanding its headquarters in El Segundo. ConsumerTrack did not detail how large the new space is or where it is moving in El Segundo, but did say it expects to accelerating its hiring in 2017 to help support growth.

Cybersecurity Training Effort In El Segundo Aimed At Next Generation

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An all week, cybersecurity training effort being held this week in El Segundo--run by AT&T and the Air Force Association (AFA)--is educating teenagers on cybersecurity careers and skills, in hopes of building the next generation of cybersecurity efforts. The camps, part of the AFA's CyberPatriot National Youth Cyber Education Program , are ongoing at AT&T's offices in El Segundo all this week.

Raytheon Moves Headquarters From El Segundo

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In what is not a surprise for Southern California''s shift away from the industry, defense contractor Raytheon said Thursday that it is shutting down its business headquarters locations in El Segundo, and moving its Space and Airborne Systems (SAS) business headquarters to McKinney, Texas.

International Rectifier To Close El Segundo Plant

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El Segundo-based International Rectifier , a developer of analog and power ICs, said Wednesday that it is shutting its El Segundo, California fabrication facility, and laying off staff. The firm said the closure in El Segundo will save it approximately $10M a year when complete. semiconductor layoff jobs employment analog power segundo rectifier international

Kite Pharma Opens New Facility In El Segundo

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Santa Monica-based biopharmaceuticals developer Kite Pharma has opened up a new, 43,500 square foot manufacturing facility in El Segundo, the company said today, to manufacture its cancer immunotherapy products. According to Kite Pharma, the new facility will support production of its chimeric antigen receptor (CAR) and T-cell receptor (TCR) product candidates for clinical trials, along with commercial launch of its lead T-cell product candidate, KTE-C19.

Elon Musk: Tesla Was Born In A Fish Restaurant In El Segundo

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Tesla , the pioneering electric car maker founded by Elon Musk , was actually conceived over lunch at a fish restaurant in El Segundo, Musk said in an interview at SXSW this week. startup longla losangeles segundo spacex musk elon roadster teslaAccording to Musk, the company was created out of a conversation he had with J.B.

Daz Systems Acquired by Accenture

L.A. Business Journal

an Oracle Cloud service provider based in El Segundo Accenture announced Oct. 22 it acquired Daz Systems Inc.,

H1Z1 Pro League Shuts Down, Citing Funding Failures

L.A. Business Journal

Roughly two months after it was first reported that Patrick Soon-Shiong’s El Segundo e-sports arena was to house the H1Z1 Pro League, the League announced it will cease operations due to payment issues

Hopscotch Signs 40 Collegiate Programs for Sports App

L.A. Business Journal

Sports app developer Hopscotch of El Segundo announced on Monday that it signed up more than 40 athletic programs as customers last month

Silicon Beach Report Aug. 16: Tech Investor Sues AT&T Claiming ‘SIM Swap’ Scam

L.A. Business Journal

Cryptocurrency investor Michael Terpin sues AT&T over “SIM swap” scam; Cargomatic raises $35M in series B round; Boeing acquires El Segundo-based satellite and flight-plan maker

Internet Brands to Buy WebMD for $2.8 Billion

L.A. Business Journal

of El Segundo announced an agreement Monday to acquire online medical information company WebMD for $2.8 Internet Brands Inc. billion

Mattel Partners with Alibaba to Develop Toys for China

L.A. Business Journal

of El Segundo has partnered with Alibaba Group of Hangzhou, China to market and develop products for Chinese consumers Toy maker Mattel Inc.

Stamps.com Acquires MetaPack for $230 Million

L.A. Business Journal

El Segundo’s Stamps.com Inc. announced today a definitive agreement with United Kingdom supply chain management company MetaPack Ltd. to buy the company for approximately $230 million in cash

Education Software Startup GoGuardian Launches AI Platform

L.A. Business Journal

El Segundo-based education software startup GoGuardian has launched Admin 2.0, a platform that uses artificial intelligence to enhance students’ behaviors online, according to a statement

Velocify Acquired for $128 Million

L.A. Business Journal

31 that it signed an agreement to acquire El Segundo’s Velocify, a developer of sales process management software, for $128 million in cash Mortgage software developer Ellie Mae announced on Aug.

Cylance, CUJO AI Team on Cybersecurity Effort

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Irvine-based cybersecurity software developer Cylance and El Segundo-based devuce security software developer CUJO AI are in a partnership aimed at the connected home, the two said today. According to Cylance, the two are in a strategic alliance, aimed at network operators, which will combine the AI endpoint and network security products from the two companies, to offer up "end-to-end" protection for all connected devices in a home.

Beyond Meat Files For IPO

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El Segundo-based Beyond Meat , a venture-backed startup which makes vegetarian, plant-based burger patties and other meat alternatives, filed for an IPO last week, saying in a filing that it is looking to raised $100M in an IPO on the Nasdaq Global Market.

Recargo Acquired By Innogy

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El Segundo-based Recargo , the operator of PlugShare , an electric vehicle charging application, has been acquired by German energy giant innogy , via its US subsidiary, innogy eMobility US LLC. Financial terms of the acquisition were not announced. Recargo's PlugShare provides information on charging stations, including reviews, photos, and other information, all for EV drivers.

AKMG Acquired By Canadian Firm

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El Segundo-based AKMG , a performance-based online advertising agency, has been acquired by Victoria, BC-based Neverblue. According to Neverblue, it will continue to operate out of its El Segundo headquarters, headed by White, with Patton moving on to new entrepreneurial endeavors.

Basepaws Launches Cat DNA Testing Service

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El Segundo-based Basepaws , a new DNA testing startup, says it is launching a brand new service which will offer direct-to-consumer DNA testing for cats, providing owners with information about the ancestry and health and habits of their pet. The startup, led by founder and CEO Anna Skaya, says the purpose of its genetic testing is to help owners prevent disease and optimize nutrition for their cats. The company is formally launching its testing service at CES next week.

MB TRADING Acquired By TradeKing

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El Segundo-based MB TRADING , a provider of stocks, futures, options, and other trading tools and services, has been acquired in an asset deal by Florida-based TradeKing. The company said that it will continue to operate an office in El Segundo. Financial terms of the buy were not disclosed. According to TradeKing Group, it will acquire all of MB Trading's assets, as part of an effort to build a diversified financial services firm.

Toymaker Aims to Make Play for Chinese Market

L.A. Business Journal

El Segundo’s Mattel Inc. In a move that appears to follow in the footsteps of rival toymakers Lego Group and Hasbro Inc., partnered on Feb. 14 with Chinese e-retailer Alibaba Group to develop content centered on Mattel brands for Chinese consumers

Stamps.com Snags CTO From Mattel

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El Segundo-based online postage and shipping software developer Stamps.com said late Tuesday afternoon that it has named Jonathan Bourgoine as its new Chief Technology Officer. Bourgoine was most recently the VP and Chief Technology Officer of Mattel and, before that, was SVP of Operations at Youbet.com. Bourgoine replaces Stamp.com CTO Michael Biswas, who had been at the firm for the last 15 years. READ MORE>>.

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CUJO AI Gets Funding Injection

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El Segundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. Size of the investment, which was part of a larger Series B investment, was not announced. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company. KPN Ventures is based in Rotterdam, The Netherlands.

TS2 Holdings Acquires Three Companies, Including Neohire South, Hero.jobs

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TS2 Holdings' offices are in El Segundo, and the company is an arm of Japanese staffing giant Persol Group. Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs.

Jaanuu Snags $15M More For Medical Apparel

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El Segundo-based medical apparel brand Jaanuu --formed by former investment banker Shaan Sethi and his sister, Dr. Neela Sethi Young --has snagged $15M more in funding, the company said this week, bring the company's total raised to $25M. The funding was led by JMK Consumer Growth Partners, and also included existing investors, including the Nordstrom family, and new investor David Kessenich, Managing Partner and Co-Founder of healthcare private equity firm Excellere Partners.

SecureAuth Raises $200M

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El Segundo-based SecureAuth , a developer of identity management tools, has raised $200M in a funding round from private equity investor K1 Investment Management. K1 said the investment comes as part of a merger with Core Security , a provider of vulnerability discovery, identity governance and threat management software. K1 said the merger is pending regulatory approval from the U.S. Federal government. Core Security is based in Roswell, Georgia. READ MORE>>.

DIRECTV Acquired By AT&T

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El Segundo-based satellite TV operator DIRECTV and AT&T said Sunday afternoon that AT&T has agreed to acquire DIRECTV, in a deal worth approximately $67.1 According to the two, DIRECTV will continue to be based in El Segundo after the acquisition.

Millenium Space Systems Acquired By Boeing

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El Segundo-based Millenium Space Systems , a developer of small satellite systems, has been acquired by Boeing , Boeing said on Thursday. Financial details of the acquisition were not announced. Boeing said that Millennium Space Systems has approximately 260 employees. Millennium was founded in 2001, and was led by CEO Stan Dubyn. According to Boeing, Millennium Space Systems will become a subsidiary of the company, and will report to the company's Phantom Works division.

Stamps.com Completes $220M MetaPack Buy

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El Segundo-based Stamps.com said Wednesday afternoon that it has completed its $220M acquisition of UK-based MetaPack Ltd. , a provider of e-commerce shipping software. Stamps said it paid approximately $220M in fash, from its existing cash and investments, for MetaPack. The deal had originally been announced in July. According to Stamps.com, it plans to operate MetaPack as a wholly owned subsidiary, under its existing management team. MetaPack was founded in 1999.

Wpromote Brings Digital Marketing To Nonprofits, Charities

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Wpromote said it is specifically targeting its efforts at charities in or near its headquarters in El Segundo; charities can get more information on Wpromote's website. Los Angeles-based Wpromote , the provider of online marketing services led by Michael Mothner, said it is offering up a set of free workshops, courses, and discussions to nonprofits and charities.

Chef'D Gets $10M From Campbell's Soup For Meal Kits

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El Segundo-based Chef'D , which provides over 500 different meal kits for delivery to consumers, without a subscription, has raised $10M in a Series B funding, the company disclosed this week. The funding came from m Campbell's Soup Co. and FreshDirect. Chef'D send personalized recommendations on meals, based on a questionnaire and personal needs, and sends those ingredients pre-portioned in an insulated box to users for cooking at home. READ MORE>>.

Stamps.com Completes $55M ShippingEasy Buy

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El Segundo-based Stamps.com said late last week that it has completed its acquisition of ShippingEasy , a developer of web-based, shipping software for online retailers. The deal was worth $55M in cash, and had been announced in June. ShippingEasy had been one of Stamps.com's primary competitors in serving e-commerce providers. READ MORE>>. shippingeasy stamps merger acquisition software mailing postage

Swagbucks Hits $200M In Cash Back, Gift Cards To Members

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El Segundo-based online rewards site Swagbucks --which is owned by Prodege, the company run by Chuck Davis, the former CEO of Fandango and Shopzilla--said today that it has now paid out more than $200M in cash and gift cards to its members. The site provides reward points to consumers for shopping, searching the web, sharing their opinions, playing games, and more. Prodege also operates such sites as MyPoints.com and ShopAtHome.com. READ MORE>>.

Prodege Buys ShopAtHome.com

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El Segundo-based Prodege , the parent company of Swagbucks and MyPoints , announced Thursday morning that it has acquired cash-back shopping and coupon site ShopAtHome. Financial terms of the acquisition were not announced. ShopAtHome, which was headquartered in Greenwood Village, Colorado, was previously owned by Belcaro Group, Inc. Prodege is run by CEO Chuck Davis, who previously served as CEO of both Fandango and Shopzilla. READ MORE>>.