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ReachLocal's Zorik Gordon On Daily Deals

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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?

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ReachLocal Grows Revenues By 47 Percent

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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. for the quarter.

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ReachLocal Up 15 Percent After IPO

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Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 Tags: reachlocal advertising small business exit merger acquisition. percent after its IPO Thursday, closing at $14.98, up $1.98. The firm sold 4,166,667 shares of stock at $13.00 during the day. percent to 2,204.01.

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DealOn Sued Over Group Buying Technology

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DealOn , the developer of white label group buying software which was acquired by Woodland Hills-based ReachLocal , has just been sued over patent infringement by group buying site Tippr. ReachLocal announced its acquisition of New York-based DealOn on February 15th. According to a court filing, KashLess, Inc.,

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LAVA Honors Richard Riordan, Local Technology Firms

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Other IPO finalists were RealD , ReachLocal , and Inphi. Finalists were CODA Automotive , Fisker Automotive , and Amonix. On the exit side, the Best IPO award went to Green Dot , the provider of pre-paid Mastercard and Visa cards. The Best M&A went to Wavestream , with only one other finalist, Integrien.

LAVA 166
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And Then There Were Three: RealD Hits Markets Today

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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 market acquisition 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.

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Southern California Firms Queue Up For The Public Market

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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. Tags: merger acquisition.