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Platinum Equity's Quark Buys Mobile Publishing Firm

socalTECH

A firm owned by Los Angeles private equity firm Platinum Equity , desktop publishing tools maker Quark , has acquired a UK-based firm developing cloud-based, tablet and mobile publishing software. Financial terms of the acquisition were not disclosed. READ MORE>>.

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Meet Launchpad LA’s Graduating Startups

Tech Zulu Event

. · Divshot, a tool for web designers and developers, won a national pitch competition and one of it’s founders Michael Bleigh created a popular open source library now included in Ruby on Rails. Less Neglect helps companies reduce churn, upsell users, and increase customer acquisition rates.

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ServiceNow Files For IPO

socalTECH

San Diego-based ServiceNow , the developer of cloud-based, enteprise IT automation software, filed for an IPO Friday, saying that it is looking to raise up to $150M in an IPO on the NYSE. on revenues of $73.375M for the year ended December 31, 2011. ServiceNow said has applied to trade as NOW. The firm reported a net loss of $6.6M

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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

Huge news: Millions of PHP developers can now build mobile apps for iOS and Android — in PHP. Acquisition. Developers. While real estate and tourism continue to be strong economic drivers, there is also a thriving business climate developing life-changing technologies. billion for its endowment in 2011 alone.