socalTECH
AUGUST 22, 2012
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. READ MORE>>.
socalTECH
JULY 26, 2012
El Segundo-based iRise , the developer of enterprise, application visualization and prototyping software, is targeting the government market with a new product, the company said this week.
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socalTECH
DECEMBER 17, 2010
El Segundo-based Internet Brands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. Internet Brands said that the firm will cease trading on the NASDAQ Global Select Market at close of the market today. JMI Equity also invested in Internet Brands as part of the sale.
socalTECH
NOVEMBER 13, 2013
Among the highest ranked in the annual program was OpenX Software , based in Pasadena, which had a 44,075% five year growth rate, which was ranked at number 5 in the nation, based on its fiscal revenue growth rate from 2008 to 2012.
socalTECH
SEPTEMBER 4, 2012
Westlake Village-based GlobalWide Media , a provider of online affiliate marketing, display marketing, search engine marketing, and other services, has acquired Canadian firm Neverblue Media Company and AKMG , the firm said last week. The deal was worth $40M in cash. GlobalWide Media is headed by Farshad Fardad. READ MORE>>.
socalTECH
AUGUST 11, 2014
El Segundo-based technology catalog retailer PCM said late last week that it has sold the land to its retail store in Santa Monica to the Regents of the University of California, for $20.2M. PCM has been increasingly shifting its business away from consumers and to the business supply market. READ MORE>>.
socalTECH
JULY 1, 2010
El Segundo-based imFORZA , an online Internet marketing agency, said today that it has been acquired and spun off from parent company The Design People. imFORZA provides search engine optimization, paid search advertising, social media marketing, and other related services.
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