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Amazon Expands Tech Hub In San Diego

socalTECH

Online e-commerce giant Amazon announced this morning that it is expanding at its "tech hub" in San Diego, and plans to create 300 new high tech jobs at the location. The new San Diego office is led by General Manager Nate Wiger. Amazon said the new office will allow it to more than double its tech workforce in the area.

San Diego 100
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Adtile Launches Mobile VR Software

socalTECH

San Diego-based Adtile Technologies has launched a new software product, which the company says allows smartphone users to experience virtual reality without special goggles or hardware. According to Adtile, its new product allows native and web-based app users to "walk" through a digital space. Adtile is led by Nils Forsblom.

Mobile 100
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VizExplorer Gets Funding From Morgan Stanley

socalTECH

San Diego-based business intelligence software developer VizExplorer announced this morning that it has raised a round of strategic funding from Morgan Stanley Expansion Capital. The company's software is currently used primarily by casinos. Size of the new investment was not announced.

Funding 138
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Verimatrix Acquired By InsideSecure For $147M

socalTECH

San Diego-based Verimatrix , a developer of security software for video service providers, set top-box providers, and others, has been acquired by French company Inside Secure , according to Inside Secure. Inside Secure paid $138.1M in cash, plus up to $9.8M in escrow to cover potential post-closing adjustments and earnout.

San Diego 113
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DivX Acquired By Private Equity Group

socalTECH

San Diego-based DivX , the developer of digital video encoding and decoding technology has been acquired by private equity firms Parallax Capital Partners and StepStone Group , the companies said yesterday, in a deal worth $75M in cash plus earnout. DivX said that it was assisted int he deal by San Diego''s Karmel Capital.

Equity 147
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Tealium Ties With Splunk

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San Diego-based enterprise tag management software provider Tealium said this week that it has partnred with Splunk , a developer of IT log monitoring software. tealium enterprise software management splunk market reporting analysis' Financial details of the link between the companies was not disclosed.

San Diego 178
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Jam City is setting up a Toronto shop by buying Bingo Pop from Uken Games

TechCrunch LA

We look forward to working with the talented Jam City team in Toronto as we supercharge the live operations of Bingo Pop and develop innovative new titles and mobile entertainment experiences.” Jam City has offices in Los Angeles, San Francisco, San Diego, Bogota and Buenos Aires.