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Alorica Names Marketing Head

socalTECH

Irvine-based Alorica , a provider of outsource, business process outsourcing and "customer experience" outsourcing, named Colson Hillier as its new Chief Marketing Officer (CMO), the company said on Tuesday. Hillier will lead the company's global marketing and communications efforts, according to the company.

Marketing 113
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Teledyne Buys Bolt Technology

socalTECH

Thousand Oaks-based Teledyne Technologies said Wednesday afternoon that it has acquired Bolt Technology Corporation , a supplier of equipment for the offshore energy exploration market. According to Teledyne, it will pay approximately $171M for Bolt, or $22.00 per share cash for the publicly held company.

Offshore 138
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Effort To Punish China Might Hit LA Instead

socalTECH

Apparently, the little known provision in the national defense bill was inserted on behest of American electric bus manufacturers, who claim that BYD's buses would make it easier for China to spy on offshore Chinese nationals. BYD employs around 700 people in Lancaster. READ MORE>>.

Lancaster 113
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Thanks to our sponsors!

socalTECH

Binary Pulse Technology Marketing (www.binarypulse.com). Middle Market Investment Banking. Sponsoring socalTECH's Executive Moves section. Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County High Tech Report. Redpoint Ventures (www.redpoint.com). Silicon Valley Bank (www.svb.com).

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Direct Drive Systems Acquired for $120M

socalTECH

According to FMC, it will pay $120M for Direct Drive Systems, which makes components used for pumping natural gas pipelines, offshore platforms, and for the subsea processing market. Direct Drive is a spinout of Calnetix.

Cerritos 140
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How Gigmor Is Looking To Connect Musicians With Gigs, with David Baird

socalTECH

What markets are you in right now? We're pretty much in every major market, particularly in music strong communities, like Los Angeles, New york, Nashville, and Toronto. I think we've got an advantage, to kickstart this, and move faster than they were in the early days. The bulk of our users are in the U.S. and Canada. READ MORE>>.

Startup 150
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Interview with Adi Jaffe, All About Addiction

socalTECH

I asked him if he wouldn't mind sitting down with me, and he helped me develop the business model, and suggested that I work with some offshore developers on automating the system. To take us out of beta to full market readiness will take a few thousand dollars of development money. Thanks, and good luck! READ MORE>>.

UCLA 204