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Intuit Chops 120 In Woodland Hills

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Financial software developer Intuit is cutting 120 employees in Woodland Hills, according to a state Worker Adjustment and Retraining Notification, part of a larger cut involving locatoins in Illinois, Virginia, and Arizona. The cuts apparently are slated for September 15th. READ MORE>>.

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FTD Files Chapter 11: Long, Complex Path Through SoCal's Tech Industry

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FTD also agreed to sell both its North American and Latin American businesses to private equity investor Nexus Capital Management , in a move that includes San Diego-based Proflowers. In long, complicated path that wound through Southern California's high tech industry, flower delivery network operator FTD has filed for Chapter 11 bankruptcy.

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Intuit Sells Intuit Financial Services For $1.025 Billion

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Financial software provider Intuit has sold its Intuit Financial Services business--which is based in Woodland Hills--to private equity firm Thoma Bravo. Intuit announced the deal on Monday, saying the cash transaction is worth approximately $1.025 billion.

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Music Reports Signs Omnifone

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Woodland Hills-based Music Reports , a provider of music royalty tracking and reporting services, said today that it has linked with cloud music provider Omnifone. Music Reports provides online tracking of music rights and royalties, and is backed by private equity firm ABRY Partners. READ MORE>>.

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Music Reports In Expansion

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Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices.

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Music Reports Ties With Rdio

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Woodland Hills-based Music Reports , the provider of music copyright, royalty accounting, and rights administration which is owned by private equity firm ABRY Partners, reported today that it is working with social music service Rdio.

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United Online Names Head Of FTD Unit

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Woodland Hills-based United Online said Tuesday that the firm has appointed Robert S. Apatoff joins the firm from private equity firm Patriach Partners, and has also served as president and CEO of Rand McNally * Company. Apatoff of the firm's FTD Group subsidiary. Apatoff has also served at The Allstate Corporation, Aetna, Inc.,