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Idealab Sells Off Domain For $1M

socalTECH

A UK-based firm running an online price comparison shopping site said today that it has acquired the domain name Top10.com com from Pasadena-based Idealab , in a deal worth over $1M. com Media Ltd.--the Tags: idealab domain name top10 merger acquisition domainer. the deal was a combination of cash and equity.

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TweetUp Buys Twitter Client Twidroid

socalTECH

Pasadena-based TweetUp , the Twitter advertising startup out of Idealab, said today that it has acquired Twidroid , which develops its own Twitter client for Android phones. As part of the acquisition, TweetUp said it will rename Twidroid to Twidroyd, to minimize confusion with products from Lucas Films, which owns the trademark "droid".

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UberMedia Buys Mixx

socalTECH

Mixx operates an online site which allows users to find social content. Financial terms of the acquisition were not disclosed. UberMedia said the acquisition would add to its family of applications, which now include UberTwitter, Twidroyd, and Echofon. READ MORE>>.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. Tags: internet brands growth merger acquisition private. READ MORE>>.

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How Chippmunk Hopes To Use UX To Rise Above The Coupon Crowd

socalTECH

The online coupon search industry is very crowded, with dozens of sites, players large and small, and is a very confusing landscape for consumers. There''s a ton of coupon and deals sites. They do a Google search, and they''re presented with thousands of sites in the search results. Why are you different?

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Spotlight: LA Tech | One Year, Recap, and Thank You!

Tech Zulu Event

GumGum was founded in 2007 when a team of seasoned Internet entrepreneurs realized web site publishers were missing out on valuable revenue by not monetizing their image-based content. After its acquisition by Playdom, he was most recently head of the Acclaim studio and Sr. VP, Strategic Planning at Disney Interactive Media Group.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Rumored to have turned down acquisition offers from Yahoo and Facebook. Site launched in October and CEO stated ad impressions are increasing ~200% month; now at 15 billion impressions/day.

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