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Pasadena-based Cogent , the developer of fingerprint and other biometrics devices, reported this morning that a Delaware court has denied a shareholder motion to block the acquisition of the firm by 3M. Cogent said its board continues to "strongly endorse" the proposed acquisition of the company. READ MORE>>.
A report today says that Napster , the online music service now owned by Best Buy, is being sold to Rhapsody. Los Angeles-based Napster was acquired by Best Buy in September of 2008 in a deal which was worth net value of approximately $54M. READ MORE>>.
Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M The firm reported a net loss of $2.8M, compared with net income of $14.9M in revenues. for the quarter. to $291.5M.
Santa Monica-based Demand Media , the internet publishing firm headed by Richard Rosenblatt, reported its fourth quarter and fiscal 2010 results today, the first as a public company. The firm also reportednet income of $1.0M, versus $3.9M The firm reportednet loss of $5.3M in revenues from Q4 of 2009.
Thousand Oaks-based Amgen reported this morning that it has completed its tender offer for Onyx Pharmaceuticals , and now expects its acquisition to complete today. billion net of estimated cash at Onyx. onyx pharmaceuticals amgen merger acquisition biotech lifescience cancer' Amgen said the deal is worth $9.7
the maker of high-speed analog semiconductors, has updated its S-1, to reflect the firm's Q3 financials, saying that it had had net income of $3.58M on total revenues of $21.8M That compared with net income of $3.85M on revenues of $18.37M for the same quarter last year. Tags: inphi merger acquisition iphi semiconductor.
The firm reported its latest quarterly results Tuesday, reporting $100.6M The company also reportednet income of $0.7M The company said the growth in revenues came from "strong growth" on its owned & operated content and media properties, plus its acquisition of Creativebug, the arts and crafts instruction site.
Los Angeles-based Boingo Wireless , the operator of a network of Wi-Fi access points, has reported its first quarterly results as a public company. The firm reported a net loss of $329,000, versus a net loss of $127,000 for Q1 last year. Boingo said it had revenues of $21.0M, up from $18.5M for the first quarter of 2010.
Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. According to Internet Brands, it had net income of $4.6M in net income on revenues of $23.2M The total brings the amount spent on acquisitions in the first half of the year to $16.2M in revenues, up from $2.5M
The company reported a net loss of $131M for 2013, on revenues of $1.13 godaddy mediatemple merger acquisition exit hosting premium' Morgan, Citigroup, Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR Capital Markets, and Stifel. Scottsdale, Arizona-based GoDaddy has not yet selected an exchange. READ MORE>>.
The firm reportednet income of $37.16M on revenues of $234.8M Tags: green financial prepaid merger acquisition tech coast angels. Green Dot is venture backed by Sequoia Capital, TTP Fund, as well as a significant number of Tech Coast Angels. Green Dot is headed by Steven Streit.
According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M For the year ended December 31, 2009, the firm had a net loss of $21.9M For the six months ended June 30th, the firm reported that $66.2M Tags: demand media merger acquisition content richard rosenblatt public. READ MORE>>.
The company reported $7.5M in revenues for the six months ended June 30, 2010, with a net loss of $49.3M. Tags: zogenix merger acquisition lifescience migraine headache health. Zogenix said it is looking to list on the NASDAQ Global Market as ZGNX. READ MORE>>.
LegalZoom reportednet income of $12.1M The firm is venture backed by Polaris Venture Partners (35.1 percent ownership), Insitutional Venture Partners (14.7 percent), and Kleiner Perkins Caufield & Byers (6.4 on revenues of $156.0M for its year ended December 31, 2011. READ MORE>>.
As part of the public listing, Image Metrics reported it had revenues of $4.0M The firm said it had a net loss of $6.8M Tags: image metrics facial animation reverse merger icla acquisition. in its fiscal year ended September 30th, with $2.5M of that earned in the quarter ended December 31st. for fiscal 2009. READ MORE>>.
In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.
The firm reported it had net income of $1.4M on revenues of $65.715M for 2009, and net income of $5.67M on revenues of $59.0M The firm's IPO is being underwritten by Credit Suisse, Deutsche Bank Securities, Pacific Crest Securities, and William Blair & Company. for the nine months ended September 30, 2010.
According to RealD, it had gross revenues of $189.08M for the year ended March 26, with a net loss of $39.7 in gross revenues the firm reported for 2009. The firm reported that it now has 3,385 RealD-enabled domestic screens, and 1,936 international screens, for a total of 5,321 screens using its technology. for the year.
Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. The announcement came as the firm announced net sales of $107.4M The firm also reported a net loss of $21.0M. in revenues.
The provider of data storage equipment reported that it had net income of $0.5M in net income of $19.28M in revenues for the three months ended September 30, 2010. Year to year revenues were up from the $60.89M the firm reported for its year ended June 30, 2009. in revenues for the year ended June 30, 2010, and $1.7M
San Diego-based Active Network , the operator of sports registration and online community sites, said in a filing today that it had a net loss of $10.9M Revenues were up 15% from the quarter ending March 30, 2010, when the firm reported a net loss of $12.4M on revenues of $72.71M for the three months ended March 31, 2011.
Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuances, changes to the articles of incorporation and bylaws, and more. These could include the need for audited financials, monthly financial and narrative reporting and more.
If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Online advertising platform for local businesses; ReachLocal reported over $203 million in revenue for 2009, compared to around $146 million in 2008. Its net income for the 2009 period is $11.66 million loss in 2008.
The company said it has received interest from outside parties in both investment in ACTIVE Network to acquisition of the company. Active Network reported a net loss of $2.7M activity registration ports results quarterly acquisition merger network active' The disclosure came in Active Network''s quarterly results.
This type of funding is great for startup companies, refinancing existing loans, and financing for growth, mergers and acquisitions. Handling the reporting for such loans often require some amount of dedicated time. Email readers, continue here.] One example of asset-based finance would be purchase order financing.
Los Angeles-based Internet Brands reported its quarterly results Wednesday afternoon, reporting that it saw 50 million monthly unique visitors to the firm's websites in June, up 35 percent from 37 million uniques in June of last year. The firm said its net income for the second quarter was $2.5M. READ MORE>>.
The company reported 102M in net income on just over 2.0 billion in net revenues for the year 2020. .; V-TW Holdings, LLC; Innolux Corporation; and Foxconn Assembly Holding Corporation. VIZIO CEO William Wang owns 100% of the company's Class B shares.
The company reported a net loss of $31.02M in 2018 on revenues of $8.5M; the company's current revenue stream includes both license fees and grants. Inhibrx has applied to trade as INBX. The IPO is being underwritten by Evercore ISI, Barclays, Nomura, and Raymond James.
The firm reported a net loss of $11.1M Morgan, Goldman, Sachs & Co., Leerink Swann, and Lazard Capital Markets. Kythera is venture backed by Versant Ventures, ARCH Ventures, Prospect Venture Partners, JAFCO, Fidelity, among others. on license income of $12.98M in 2011. Kythera's products are used for fat reduction. READ MORE>>.
Simi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. The company reported a net loss of $1.2 According to Qualstar, it had a loss of $0.4
The company reportednet income of 86.0M Los Angeles-based ZipRecruiter, a provider of recruiting tools for companies, has filed for an IPO, saying it is looking to raise as much as $100M in a public offering. The company, led by founder and CEO Ian Siegel, plans to list on the New York Stock Exchange under the symbol ZIP.
The reported a net loss of $17.765M on net revenues of $5.87M for its year ended December 31, 2017. RA Medical Systems said it filed to trade under the symbol RMED. The IPO is being underwritten by Piper Jaffray, Cantor, SunTrust Robinson Humphrey, and Nomura. READ MORE>>.
Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M Leaf Group said it paid $12.0M for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado. on revenues of $27.238M. READ MORE>>.
The firm reported a net loss of $6.6M The firm's IPO is being underwritten by Morgan Stanley, Citigroup, Deutsche Bank Securities, Barclays, Credit SUisse, UBS Investment Bank, Pacific Crest Securities, and Wells Fargo Securities. ServiceNow is venture backed by JMI Equity and Sequoia Capital. READ MORE>>.
The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. Super League Gaming's IPO was underwritten by Northland Capital Markets, Lake Street, and National Securities Corporation. Super League Gaming is led by President and CEO Ann Hand. READ MORE>>.
Vizio reportednet income of $44.9M billion in net sales for 2014. Vizio's major owners are founder William Wang (54.7 percent of the company), along with Taiwanese companies AmTRAN Technology (20.4%), Q-Run Holdings (8.3%), and La Jolla-based V-TW Holdings (7.7%). READ MORE>>.
The firm reportednet income of $1 billion on revenues of $3.7 Will the filing of an IPO by Menlo Park-based Facebook unclock the pipeline of would-be Southern Calfornia IPOs? Facebook filed for its IPO Wednesday afternoon, saying that it is looking to raise up to $5 billion, in what is expected to be the biggest IPO since Google.
The company reportednet income of 86.0M Los Angeles-based ZipRecruiter, a provider of recruiting tools for companies, has filed for a direct listing on the NYSE, saying it is looking to raise as much as $100M in a public offering. on revenues of 418.14M for the year ended December 31, 2020.
NantHealth reported a net loss of $71.6M NantHealth said it intends to list on the NASDAQ Global Market as NH. The IPO is being underwritten by Jeffries, Cowen and Company, First Analysis Securities Co., in total revenues for 2015. The filing is the first IPO filing for a Southern California technology firm so far in 2016.
Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuance, changes to the articles of incorporation and bylaws, and more. This could include the need for audited financials, monthly financial and narrative reporting and more. But don’t worry.
The privately held company--which has not previously reported its revenue number publicly--said it doubled its revenue and tripled its profits in the last two years. The company also says it has been growing in terms of employees; the company said it had 110 net new hires in 2015, a 31 percent increase in its headcount.
Few people in the technology world are unfamiliar with the huge rise in the popularity of the photo sharing service Instagram, which was topped off by a $1 billion acquisition of that company by Facebook just a few weeks ago. If we do have a report that a post is not their own, we have a two strike policy. It's been a net win.
CapLinked, Cloud-based enterprise platform for deal management and investor reporting, Wednesday announced a new suite of enterprise features in a move to take transactions mobile. The new features launched include business tools for reporting, file management, discussions and first-of-its-kind functionality for managing deals on an iPad.
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