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Los Angeles Fast 500 Winners Announced

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The Los Angeles winners of the Deloitte Fast 500 ranking of fastest growing companies was announced last night at an event at Santa Monica's Shutters on the Beach, with 26 companies recognized in the overall 2011 Technology Fast 500, and three "Technology Rising Stars" recognized in the Los Angeles area.

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Key Information Systems Buys ISWest

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Woodland Hills-based Key Information Systems said Friday morning that it has acquired IT colocation and hosting company ISWest. ISWest is a provider of colocation, cloud services, and connectivity which has a major presence in Los Angeles, Ventura County, and beyond. Financial terms of the acquisition were not announced.

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REX Moves HQ To Texas

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Former Los Angeles-based online real estate startup REX has shifted its headquarters to Texas, after the move of its CEO to Austin, in a loss to Southern California's growing high tech startup community--although the company says it still has a team of 50 in Woodland Hills, and that it expects to continue to grow its team in that location.

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Gumiyo Launches Effort With Los Angeles Times

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Woodland Hills-based Gumiyo, which develops mobile marketing technology, said today that it has launched an effort with the Los Angeles Times to market classifieds, online automotive, and real estate advertising via mobile phones. Financial impact of the deal with the Los Angeles Times was not disclosed.

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Wilcon Buys Freedom Dark Fiber Networks

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Los Angeles-based fiber optic and data center infrastructure provider Wilcon announced today that it has acquired dark fiber provider Freedom Dark Fiber Networks. Financial terms of the acquisition were not announced. Freedom Dark Fiber Networks is also based in Southern California, and is a provider of dark fiber in the region.

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United Online Gets Unsolicited Acquisition Offer From B.Riley

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Woodland Hills-based United Online said this morning that it has received an unsolicited, takeover offer from Los Angeles-based B. In a letter to United Online's management, which was filed with the SEC, B. Riley said it now owns 7.9% of the outstanding shares of United Online, and is proposing to pay $12.50

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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. The company said it now has more than 100 employees. Music Reports is backed by ABRY Partners. READ MORE>>.