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Moviepilot Goes Native, Bets On LA, US Market

socalTECH

The sale netted the company $20M, which it will use to fund its U.S. Moviepilot set up shop in LA in 2012 , due to the entertainment industry''s base here. moviepilot angeles merger acquisition webedia' The move puts the company''s focused squarely on its Los Angeles operations. READ MORE>>.

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THQ Seeks Buyer As Sales Slip

socalTECH

THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market. The announcement came as the firm announced net sales of $107.4M The firm said it hired Centerview Partners to help evaluate "strategic and financing alternatives".

THQ 147
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News Corp. In Repeat With Sale To Local Tech Firm

socalTECH

However, around December of 2010 the firm began a series of acquisitions -- of a number of data backup provider, other EFAX providers, email marketing firms, unified communications, and more, culminating with the buy of Ziff Davis in November of 2012. READ MORE>>.

News 159
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Power-One Acquired By ABB For $1 Billion

socalTECH

Both companies develop power conversion and related products for the solar power market. Power-One has nearly 3,300 people spread across China, Italy, the US and Slovakia; the firm had sales of approximately $1 billion in 2012. powerone merger acquisition power supply solar inverter cleantech photovoltaic' READ MORE>>.

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TechZulu Presents 2012 Startup Forecast | Featuring Science, Tech Coast Angels, Amplify, StartEngine, upStart.LA

Tech Zulu Event

TechZulu is excited to invite you to the 2012 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. We have a line up of amazing speakers who will share their insights and forecast for startup trends in 2012. He sits on several boards and is involved in the virtual worlds, gaming, mobile, media, and healthcare markets.

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Western Digital Gets Nod To Integrate HGST, Other China Subsidiaries

socalTECH

Western Digital had acquired HGST back in March of 2012, but as a condition of approving the acquisition, China had essentially handcuffed the company's involvement in day to day operations in HGST.

Commerce 100
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Rubicon Project Goes Mobile

socalTECH

Los Angeles-based Rubicon Project , the online advertising optimization firm headed by Frank Addante, has launched an offering for the mobile advertising market, the company said this morning. Rubicon said its new REVV for Mobile product helps publishers to sell mobile ad inventory, through both direct and indirect sales channels.

Mobile 124