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Woodland Hills-based ReachLocal , the provider of online marketing services for small and medium sized businesses, said today that it has launched a new product called ReachCast. The firm said the product is a result of its acquisition of SMB:Live back in February. Pricing on the new offering was not disclosed.
Earlier this week, Woodland Hills-based ReachLocal (www.reachlocal.com), which helps small and medium sized businesses place online ads, announced a deal to buy daily deals site DealOn.com. So what is the strategy behind the acquisition, and how do you see this fitting into the daily deals area? We are extremely well positioned.
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's net income last year in Q3 was boosted by a one-time gain related to the acquisition of its Australian subsidiary. in revenues. to $291.5M.
Woodland Hills-based online local online marketing provider ReachLocal is bragging today that it has signed up 1,000 clients for its new ReachEdge marketing automation product. reachlocalmarketing automation customers leads software' The product had been launched in September of 2013. READ MORE>>.
Woodland Hills-based ReachLocal announced Friday that it has acquired SMB:LIVE , a developer of digital presence and reputation management products for the small and medium sized business market. Financial terms of the acquisition were not disclosed. READ MORE>>.
Woodland Hills-based ReachLocal said Tuesday afternoon that it is acquiring New York-based DealOn.com , a provider of daily deals. ReachLocal said it would pay approximately $10M for DealOn Media LLC, which offers up local deals businesses in 18 markets across the U.S., DealOn was founded in 2009. READ MORE>>.
Woodland Hills-based ReachLocal has updated its IPO pricing range, indicating this week in an updated S-1 that it expects the initial pricing of its IPO to be between $17.00 The firm is looking to IPO on the Nasdaq Global Market as RLOC. ReachLocal's IPO is being underwritten by J.P. and $19.00 in funds. READ MORE>>.
Woodland Hills-based ReachLocal , which operates an online marketing service targeted at local businesses, is announcing today that it has purchase the remaining interest in the firm's Australian joint venture partner, Netus Pty Ltd. No financial details of the acquisition were disclosed. READ MORE>>.
Woodland Hills-based ReachLocal , which helps run local, online marketing efforts for small and medium sized businesses, said today that it has acquired a divisio of a New Zealand company, the SME division of SureFire Search Limied. Financial terms of the acquisition deal were not announced. READ MORE>>.
Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 The firm's stock was up in its debut despite a down market for the day, with the NASDAQ down -4.11 Tags: reachlocal advertising small business exit merger acquisition. during the day. percent to 2,204.01.
Woodland Hills-based ReachLocal priced its IPO last night at $13.00 The firm, which will list on the Nasdaq Global Select Market as RLOC, said it sold 4,166,667 of its common shares in the offering. ReachLocal was venture backed by VantagePoint Venture Partners, Rho Ventures, Galleon Group, European Founders Fund, and others.
Woodland Hills-based ReachLocal , the digital marketing service now owned by Gannett Co. , Financial terms of the acquisition were not announced. said the acquisition will help it accelerate its product roadmap and expand the ReachLocal digital marketing suite of products. Gannett Co.
The long list of Southern California high tech companies lined up for the public markets just got a little longer this morning, with the addition of Inphi Corp. So far, two companies-- Woodland Hills-based ReachLocal , which completed its IPO in May, and Carlsbad-based Maxlinear , which hit the markets in March, have had successful IPOs.
The IPO this week of Santa Monica-based Demand Media has drawn widespread attention, with a number of articles yesterday talking about how the firm's market cap exceeded the New York Times Company after the IPO. In intraday trading Thursday, Green Dot (GDOT) had a market cap of approximately $2.68
RealD joins Woodland Hills-based ReachLocal and Carlsbad-based MaxLinear among the list of local firms with a successful IPO this year. Tags: financing public marketacquisition merger reald. RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M shares of its common stock.
Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.
Los Angeles-based Hulu , the online video streaming site, is apparently in efforts to file for an IPO, as a long line of Southern California firms heads towards the public markets. Tags: hulu merger acquisition exit media content hollywood video. No details of the potential IPO have been released. READ MORE>>.
Firms which have successfully reached the public markets include Pasadena's Green Dot , Beverly Hills-based RealD , Woodland Hills-based ReachLocal , Carlsbad-based MaxLinear , and Pasadena-based Genmark Diagnostics. Tags: southern california initial public offering exit merger acquisition.
The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.
In recent months, Woodland Hills-based ReachLocal and Carlsbad-based MaxLinear also have managed to reach the markets via an IPO, and there are at least seven other Southern California companies waiting in the wings for the public markets. Tags: southern california merger acquisition gdot reald.
Santa Monica-based Cornerstone OnDemand debuted on the markets Thursday in a strong showing, trading as high as $20.25 Cornerstone is trading on the NASDAQ Global Market as CSOD. MaxLinear, Green Dot, and ReachLocal. MaxLinear, Green Dot, and ReachLocal. after its IPO debut a $13.00 READ MORE>>.
Hyper-local, flash marketing platform connecting consumers with local business offers; super majority of offers are restaurant and personal services; competitor to Groupon. the funding and market coverage. If you want to run marketing campaigns you need to know who influences whom and in which product categories and geographies.
Inphi joins such firms as Green Dot , RealD , ReachLocal , and MaxLinear who have reached the markets so far this year. Tags: inphi iphi merger acquisition exit semiconductor. The firm is set to sell 6.8 million shares of its stock at between $10.00 and $12.00 per share, and has filed to trade on the NYSE as IPHI. READ MORE>>.
The filing of an IPO by Los Angeles-based Boingo Wireless on Friday seems to indicate the interest in public markets by venture-backed, Southern California firms has not abated. Firms which successfully reached the markets in the past year include Green Dot , RealD , Maxlinear , Inphi Corp. , and ReachLocal.
Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC. Zogenix, Green Dot, MaxLinear and ReachLocal. The IPO was underwritten by Goldman, Sachs & Co., Morgan Stnaley & Co., and Generation Partners. READ MORE>>.
Financial terms of the acquisition were not announced. Gordon and Kline previously founded ReachLocal. Porch said the acquisition will help it expand its end-to-end home services solutions. Porch, which is based in Seattle, said it will integrate the Serviz technology platform into its own site, Porch.com.
In a world awash with on-demand startups, Los Angeles-based Serviz (www.serviz.com) stands out--not because of the market segment it is tackling, but because it was founded by two, very experienced serial entrepreneurs-- Zorik Gordon and Michael Kline. Zorik Gordon: We incubated this at ReachLocal, and spun it out in February of last year.
Among the highest acquisition values were MySpace ($580M in 2005), Shopzilla ($560M in 2005), Rent.com ($430M in 2004), Lowermybills ($330M in 2005) and Sandpiper Networks ($630M in 1999). Tags: results investment exit california southern acquisition merger capital venture. IPO in 1996).
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