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AutoVitals Gets Private Equity Investment

socalTECH

Goleta-based AutoVitals , which develops software-as-a-service (SaaS) products for the automotive repair and maintenance software business, has raised a round of private equity, the company recently announced, from private equity investor Tritium Partners. Financial details of the private equity deal were not announced.

Equity 140
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Marlin Equity Partners Combines Sycamore Networks, Coriant

socalTECH

Los Angeles-based private equity investor Marlin Equity Partners is combining portfolio firms Sycamore Networks with Coriant , the company said this morning. Marlin Equity Partners said it will rename Sycamore Networks as Coriant America Inc. The new company will remain headquartered in Chelmsford, Mass.

Equity 147
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8 Keys To Starting A Venture With Minimal Equity Loss

Startup Professionals Musings

With one of the many new tools , and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services. Use your networking to get advice, but all jobs can be do-it-yourself. Use your equity for key executives and business partners.

Equity 139
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Marlin Equity Partners Completes Tellabs Acquisition

socalTECH

Los Angeles-based private equity company Marlin Equity Partners said this morning that it has completed its acquisition of Tellabs , which provides mobile backhaul, optical networking, and other related telecommunications products. Marlin Equity said that Tellabs will continue to be headquartered in Naperville, Illinois.

Equity 147
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Marlin Equity Plans Tellabs Unit Spinout

socalTECH

Los Angeles-based private equity investor Marlin Equity Partners said Wednesday that it is planning to spin out its Tellabs Access products as an independent business. Dagenais was previously CEO of Radisys Corporation, and also had served as CEO of Continuous Computing, Optical Solutions, and Convergent Networks.

Equity 138
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Marlin Equity Partners Buys Tellabs For $891M

socalTECH

Los Angeles-based private equity investor Marlin Equity Partners is acquiring Tellabs , a provider of mobile backhaul, optical networking, and other products for the telecommunications networking market, in a deal worth $891 million. According to Marlin Equity, it will pay $2.45 Tellabs was based in Chicago.

Equity 124
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Equity-Only CTO and Equity-Only Developers

SoCal CTO

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). He had a partially built product. And he was still in the process of raising additional capital, so it was equity only. There are cases where I will do equity-only deals.

CTO Hire 241