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PC Mall Buys Network Services Plus

socalTECH

Torrance-based PC Mall , the online retailer of PC products, said today that its subsidiary Sarcom has acquired substantially all of the assets of Network Services Plus, Inc (NSPI), a provider of hosted data center and managed IT services. The deal was worth $7.8M plus the extinguishment of debt worth approximately $1.3

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Flipswap Acquired By eRecyclingCorps

socalTECH

Torrance-based Flipswap , which operates a consumer electronics buyback program, has been acquired by Texas-based eRecyclingCorps , the firms said today. Financial term sof the acquisition were not disclosed. eReclycpingCorps said that it has also acquired FlipSwap's interest in interest in Flipswap Services, LLC.

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ISSC Acquired By Microchip Technology

socalTECH

ISSC Technologies Corporation , a Taiwanese Bluetooth technology developer which has operations in Torrance, California, has been acquired by semiconductor and microcontroller company Microchip Technology , the two announced today. microchip technology taiwan bluetooth semiconductor issc merger acquisition international' READ MORE>>.

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LiveOffice Acquired For $115M By Symantec

socalTECH

Torrance-based LiveOffice , the provider of online, cloud-based email archiving services led by Nick Mehta, has been acquired by Symantec , in a deal worth $115M. Symantec said the acquisition would extend its intelligence information governance offering. LiveOffice was venture backed by Summit Partners.

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Pictage Acquires ShootQ

socalTECH

Torrance-based Pictage , which operates an online service for professional photographers, said today that it has acquired ShootQ. Tags: pictage shootq merger acquisition photography photo saas. Financial terms of the buy were not disclosed. READ MORE>>.

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LiveOffice Claims Record Revenue

socalTECH

Torrance-based LiveOffice , a provider of hosted email archiving and related services, reported today that the privately held firm had "record-setting" revenues in Q2. No actual financials were disclosed by the company, however, the firm said it now has over 9,000 clients using its services. READ MORE>>.

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