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Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

TechCrunch LA

Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. Archer Aviation reached an agreement in early February to merge with special purpose acquisition company Atlas Crest Investment Corp.,

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

It seems Los Angeles is becoming an enterprise software hotspot. LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4

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With its Greenlots acquisition, Shell is moving from gas stations to charging stations

TechCrunch LA

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots , a Los Angeles-based developer of electric vehicle charging and energy management technologies.

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PayPal Completes $4 Billion Acquisition Of Honey

socalTECH

San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online.

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Grindr sold by Chinese owner after US raised national security concerns

TechCrunch LA

based company, San Vicente Acquisition Partners. The app, originally developed in Los Angeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based That ownership was later scrutinized by a U.S.

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India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

TechCrunch LA

On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Vaish is already in talks with a handful of other startups and is open to more acquisitions, he said. For that, we need team and dedicated operation there. You can’t expand in the U.S.

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LinQuest Completes TMC Design Acquisition

socalTECH

Los Angeles-based LinQuest, a provider of space systems and related technology for the defense and intelligence market, said it has completed its acquisition of TMC Design Corporation, a provider of engineering, development, and integration company with expertise in electromagnetics, digital signal processing, and radio frequency communications.

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