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TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

socalTECH

Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. TeleSign will continue to be run by CEO Aled Miles.

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Rovi Plans To Sell CinemaNow

socalTECH

The long, turbulent history of the video-on-demand technology developed by former Marina Del Rey-based CinemaNow continues today, after current owner Rovi Corporation said Thursday afternoon that it plans to pursue a sale of its Rovi Entertainment Stores business--the remains of CinemaNow. READ MORE>>.

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Rumor: Cooking.com Slashes Staff, Seeks Buyer

socalTECH

Marina Del Rey-based Cooking.com is looking for a buyer, and has recently laid off at least sixteen staff, according to a reader tip. The anonymous tipster said that an interim management team is now seeing to sell the company after a severe layoff by its investors. READ MORE>>.

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Streetfire Merges With CarDomain

socalTECH

Marina Del Rey-based Streetfire , which operates an online user-generated site focused on car and motorcycle enthusiasts, said Wednesday that it has merged with fellow social networking site CarDomain. Tags: streetfire cardomain merger acquisition automotive motorcycle.

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Rovi Plans To Sell Former CinemaNow Technology

socalTECH

The long, turbulent history of the video-on-demand technology developed by former Marina Del Rey-based CinemaNow continues today, after current owner Rovi Corporation said Thursday afternoon that it plans to pursue a sale of its Rovi Entertainment Stores business--the remains of CinemaNow.

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Interview with Ryan Disraeli And Stacy Stubblefield, Telesign

socalTECH

For this morning's interview, we thought we'd catch up with two of the co-founders of Marina Del Rey-based Telesign (www.telesign.com), Ryan Disraeli and Stacy Stubblefield. We were really focused on customer acquisition. Telesign--which now has over 300 employees-- recently was acquired by BICS in a deal worth $230M.

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Frank Addantes FounderBlog: Startup 3.0: Internet advertising is good. No, it’s bad. Oh wait… it IS good!

Frank Addante

Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. 6 startups = 1 IPO, 2 acquisitions, 1 failure, millions in venture capital $, hundreds of employees in cities worldwide and the building of my latest venture, the Rubicon Project - one of the fastest growing advertising companies in history. Zondigo, Inc.