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San Jose-based networking giant Cisco said today that it has acquired Richards-Zeta Building Intelligence, a SantaBarbara firm which develops software used for managing building infrastructure. Financial terms of the acquisition were not disclosed. Cisco's Globalisation Centre East unit is based in Bangalore, India.
Add another, high dollar exit for a young startup in SantaBarbara, adding to the region's growing list of successful technology exits: Aurrion. Aurrion is a spinout of UC SantaBarbara, and develops technology being used to make high speed optical networking in a more cost effective manner. READ MORE>>.
Amid hand wringing about an IPO slowdown in 2015, there's one shining region which had a banner IPO and acquisition year last year: SantaBarbara. billion for that company, acquisition at Dun & Bradstreet Credibility Corp. billion for that company, acquisition at Dun & Bradstreet Credibility Corp.
An effort by Citrix Systems to sell itself to a buyer has a possibility of some major impact on Southern California, particularly at SantaBarbara-based Citrix Online. GoToMeeting, GoToAssist, GoToMyPC, and other related products are all run out of the SantaBarbara, Citrix Online business. READ MORE>>.
The acquisitionSantaBarbara-based Occam Networks has completed, according to buy Calix. Calix had announced the acquisition of Occam Networks in September. As part of the acquisition, Calix said that Thomas Pardun, formerly a board member at Occam Networks, joins its board, replacing Sprout Group's Robert Finzi.
SantaBarbara-based QAD, which develops software for the manufacturing sector, said Tuesday afternoon that it has completed its acquisition of Allocation Network GmbH. Financial terms of the acquisition were not announced. Allocation Network GmbH was based in Munich, Germany.
SantaBarbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. The company said that current CEO Anton Chilton will continue to lead the company, whcih will continue to maintain its headquarters in SantaBarbara.
SantaBarbara-based Eucalyptus announced Friday afternoon that the firm has snagged Marten Mickos, most recently the CEO of MySQL AB, as its new CEO. Mickos was CEO of MySQL for seven years, and headed up the firm until its acquisition by Sun Microsystems--for $1 billion--in 2008.
Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and SantaBarbara-based ELC Technologies , the development firm founded by Jonathan Siegel. Rahmat was CEO of Tom's Hardware, which he sold to BestofMedia in 2007. READ MORE>>.
Later today I’m presenting at the annual Rincon Ventures Summit in SantaBarbara. Both can hurt you in an acquisition. Startup Exits: A Primer from msuster. I thought you might like to see an advance copy of what I’m going to cover. I speak privately a lot about getting an exit at a startup. Often it does.
SantaBarbara-based Invoca, which develops call tracking and other customer tracking software, says it is on the path towards $100M in annual recurring revenue (ARR) by the end of its fiscal year. The company did not disclose its current revenues, but said it has seen "record growth" in the first half of FY21.
SantaBarbara-based Eucalpytus , the developer of open source software for managing private and hybrid clouds, has been acquired by HP , HP said Thursday afternoon. exit software packard hewlett acquisition merger cloud hybrid private eucalpytus' The company had raised at least $55.5M in funding. READ MORE>>.
SantaBarbara-based FastSpring , a firm which provides e-commerce services and payment processing for online software sellers, claims that the firm had 500% growth in its revenues in 2009. Engel did not disclose actual financials related to the firm. READ MORE>>.
SantaBarbara-based Yardi Systems said Wednesday afternoon that it has acquired PropertyShark , a real estate data website providing property reports, foreclosure listings, sales listings, and other data. Financial details of the acquisition were not disclosed. READ MORE>>.
The SantaBarbara-based online services arm of Citrix is expanding its suite of software, after Citrix said this morning that it is acquiring Podio , a developer of collaborative work software for business teams. Financial details of the acquisition were not disclosed by the companies. READ MORE>>.
SantaBarbara-based manufacturing and supply chain software maker QAD is now officially a private company again, after an acquisition by private equity investor Thoma Bravo. According to Thoma Bravo, the deal was worth approximately $2 billion in cash. The go-private deal was originally announced on June 28th.
SantaBarbara-based D2 Technologies , which develops embedded IP communications software, reports today that it has acquired Webia Technologies , a developer of products for the Google Android OS platform. D2 said the acquisition would deepend its industry expertise in embedded multimedia communications applications.
SantaBarbara-based Zuuka , the parent firm of the kids'' iOS storybook brand iStoryTime , has been acquired by New York-based Cupcake Digital. Financial terms of the acquisition were not disclosed. According to Cupcake, the acquisition will expands its entertainment license portfolio. READ MORE>>.
Our new customer acquisition has grown and our costs have plummeted. We are actually getting paid now to obtain customers, so our customer acquisition costs are now negative. A negative customer acquisition cost! SantaBarbara: the home of the clicks (and the calls) , Do your kids Google poo? Great posts.
SantaBarbara-based Mindflash.com , a provider of online training software for small businesses, said today that it has named Donna Wells as its new President and CEO. Mindflash said it has received funding from Investment Group of SantaBarbara (IGSB), although it did not disclose financial terms of that funding.
SantaBarbara-based Yardi Systems , a developer of real estate investment management and property management software, said late Tuesday that it has acquired RentGrow , a developer of resident screening services for the property management industry. Financial details of the acquisition were not disclosed. READ MORE>>.
SantaBarbara-based Evolus , a company producing clinical neurotoxins, has been acquired by private equity investor Strathspey Crown. Financial details of the acquisition were not disclosed. and a number of international markets with the acquisition. Evolus had been founded by veterans from Allergan. READ MORE>>.
SantaBarbara-based Yardi , the developer of real estate and property management software, has acquired Centershift , a developer of cloud-based software for the self-storage industry. Financial terms ofthe acquisition were not announced. Centershift was based in Salt Lake City, Utah, and had been founded in 2001. READ MORE>>.
SantaBarbara-based Yardi , a developer of real estate and property management software, said late last week that it has acquired DIY Real Estate Solutions , a developer of residential property management software. Yardi said DIY co-founders Don Katt, Steve Lloyd, and Alison Cavano join the firm with the acquisition.
SantaBarbara-based Yardi Systems said Wednesday that it has acquired VisualHOMES , a developer of software for managing public, low-income housing. Tags: yardi visualhomes merger acquisition software realestate real estate. Financial terms of the buy were not disclosed. VisualHOMES is based in Silver Spring, Maryland.
The SantaBarbara startup said the entry into the classified market allows users to shop for cars by type, make, model, year, mileage, and color. FindTheBest.com is one of the most closely watched SantaBarbara startups, in part due to O'Connor prior success (IPO, acquisition by Google for $3.1 READ MORE>>.
SantaBarbara-based Yardi , which develops real estate software, said last week that it has acquired Pierce-Eislen , a supplier of property and market research for the multifamily real estate industry. Financial terms of the acquisition were not announced. Pierce-Eislen was based in Scottsdale, Arizona. READ MORE>>.
One of SantaBarbara-based RightSignature , a provider of software-as-a-service, electronic signature services, has been acquired by software giant Adobe. Financial details of that acquisition were not disclosed. Adobe said Monday morning that it has acquired EchoSign , an electronic signature competitor of RightSignature.
PartnerCentric was based in Chestertown, MD, and was started in SantaBarbara. Tags: internet marketing affiliate acquisition merger partnercentric consulting schaaf.
Jonathan Siegel , who co-founded SantaBarbara-based startups RightScale, RightCart, and RightSignature, has scored an exit today, and has sold Exceptional Cloud Services , his latest cloud software startup, to cloud hosting provider RackSpace. Financial terms of the acquisition were not announced by the companies.
UK-based Coull , a developer of technology which lets publishers and advertisers tag video products within videos, has just signed Under Armour, as the firm's acquisition of SantaBarbara-based online media agency RevUpNet starts to pay dividends.
SantaBarbara-based Citrix Online said today that it has closed on its acquisition of Netviewer AG , the developer of business collaboration software-as-a-service. Citrix had originally announced the acquisition on December 17th. Financial terms of the deal were not disclosed.
SantaBarbara-based real estate software developer Yardi said Tuesday that it has acquired Enerliance , a developer of energy efficiency software. Financial terms of the acquisition were not disclosed. utility electric reponse demand efficiency energy software estate real acquisition merger enerliance yardi' READ MORE>>.
SantaBarbara-based RightSignature , which develops cloud-based, electronic signature software, has been acquired by Citrix , Citrix announced Monday. rightsignature citrix merger acquisition electronic signature software saas exit' Financial terms of the buy were not disclosed. RightSignature was founded by Daryl Bernstein.
SantaBarbara-based Channel Technologies Group , a manufacturer of piezoelectric ceramics, transducers, and other related products, said Friday that it has acquired H.C. Financial terms of the acquisition were not announced. Financial terms of the acquisition were not announced. Materials was based in Illinois.
SantaBarbara-based Resonant, Inc. , resonant semiconductor frontend filter rejection signal merger acquisition nasdaq resn suptech' the Superconductor Technologies spinout which is developing radio frequency filters for the mobile industry, has filed for an IPO, saying that it is looking to raise up to $14.0M READ MORE>>.
SantaBarbara-based cloud managmeent software developer RightScale is launching a brand new product for cloud cost forecasting, thanks to the acquisition of ShopForCloud , a Scotland company developing free cloud forecasting software, the firm announced Wednesday. Financial details of the acquisition were not disclosed.
SantaBarbara-based property management software provider Yardi has sold off a part of its Point2 real estate marketing operation, saying that it has sold its listing syndication service to Move, Inc. yardi point2 move realtor real estate merger acquisition divestment' Financial details of the buy were not disclosed.
SantaBarbara-based Yardi Systems , a developer of real estate management software, announced Monday afternoon that it has acquired Energy Billing Systems , a provider of utility management services to the multifamily housing industry. Financial details of the acquisition were not disclosed. READ MORE>>.
Based on a trio of recent, cloud technology acquisitions by major, Silicon Valley technology powerhouses, that would be Southern California. Three companies--all started in Southern California--have been picked up for their cloud technology over the last few months, including today''s acquisition of Pasadena-based Metacloud by Cisco Corp.;
SantaBarbara-based Citrix Online , the firm behind the popular GoToMeeting software, said today that it has acquired Paglo Labs , a developer of IT search and management tools, and launched its own IT management platform called GoToManage. Financial terms of the acquisition, which occurred earlier this year, was not disclosed.
SantaBarbara-based Novacoast , a provider of IT professional services and product development, said Monday that it has acquired Data Technique , a provider of IT services to the Midwest market. Financial terms of the acquisition were not disclosed.
The new system looks to be direct competition for SantaBarbara-based Sonos, and its own wireless, whole home audio systems. The new competition comes thanks to the acquisition of Los Angeles-based Phorus, the wireless home audio speaker firm headed by Dannie Lau.
SantaBarbara-based Be Green Packaging , a designer of sustainable, compostable, and recyclable packaging for the consumer packaged goods market, has been acquired by private equity investor Riverside Company. begreen packaging cleantech recyclable riverside merger acquisition ecofriendly recycle compost' READ MORE>>.
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