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Inktank Acquired For $175M By Red Hat

socalTECH

Los Angeles-based open source storage software developer Inktank , which is behind the Ceph distributed storage system, has been acquired by Red Hat , in a deal worth $175M in cash. Red Hat said it will use the acquisition to bolster its existing storage offerings. READ MORE>>.

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Day Software Acquired By Adobe

socalTECH

Day Software develops web content management and digital asset management tools. The firms did not say how the acquisition will affect Day's employees based in Newport Beach. Tags: software merger acquisition adobe management. READ MORE>>.

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Building Your MVP as a Non-Technical Founder

SoCal CTO

We end up using WordPress a lot as the marketing front-end of our web sites. someone asked specifically about this) Hiring a CTO for Your Startup Founder / Developer Gap I've spent a lot of time on the Startup Founder Developer Gap and knowing what you need in terms of a Startup CTO or Developer.

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Diversis Capital Backs SalesRabbit, Eyes Acquisitions

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. SalesRabbit offers up both native mobile and web-based software aimed at field sales organizations. The company is based in Utah. The company is based in Utah.

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Are Business Plans Still Necessary?

Both Sides of the Table

I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 There were tons of young entrepreneurs showing their latest Web 2.0 Unfortunately this was reinforced by the many conferences that rushed to espouse the benefits of Web 2.0 and the subsequent acquisition sprees of companies like Google, Yahoo!

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Cloud Takes Acquired By Technicolor

socalTECH

Cloud Takes founder Daryll Strauss has been hired by Technicolor as Vice President of Software Development. Cloud Takes'' software was used to manage digital assets, track project progress, and more, and ran on Amazon Web Services. READ MORE>>.

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RightScale co-founder Siegel Sells Exceptional.io To Rackspace

socalTECH

Jonathan Siegel , who co-founded Santa Barbara-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. READ MORE>>.