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Los Angeles-based electronics e-commerce giant NewEgg said last week that it is opening up a new, retail location, called the Neweggg Hybrid Center , which will let customers demo technology and digital lifestyle products. The new, retail location is attached to NewEgg''s local warehouse in the City of Industry. READ MORE>>.
Electric bus maker Proterra announced this morning that it has raised $140M in an equity funding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in Los Angeles and elsewhere for its electric bus manufacturing.
City of Industry-based online electronics retailer NewEgg has pulled its IPO, the firm said in a filing with the SEC late Friday. In the filing, the firm said that it "determined not to proceed with the initial public offering" but did not give any explanation. NewEgg had filed for an IPO in September of 2009. READ MORE>>.
The Los Angeles Dodgers are announcing a deal today with Taiwanese PC maker MicroStar International --which has its U.S. headquarters in the City of Industry--which will include both branding of a Dodgers limited-edition PC netbook, plus usage of MSI's PCs throughout the Dodgers operation. area sports team.
In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.
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.
which has most of its employees in Westlake Village; Los Angeles-based Gamefly ; City of Industry-based NewEgg ; San Diego-based Fallbrook Technologies ; and Thousand Oaks-basd Nexsan. Other firms currently in registration include Santa Monica-based Demand Media ; San Diego-based Zogenix ; Inphi Corp.
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.
A promotional deal by City of Industry-based NewEgg briefly crippled Google Offers this morning, after Google offered $40 to spend at NewEgg for only $20. The offer--which rapidly sold out this morning--apparently caused lots of issues for prospective buyers, according to widespread Twitter messages.
City of Industry-based online retailer Newegg said Monday that it has begun testing same-day delivery in Los Angeles, allowing consumers to order electronics and other items from the company by 11 a.m., NewEgg said that it will start delivery in "select communities" in the Los Angeles metropolitan area.
With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M shares of its common stock.
Santa Monica-based Demand Media , the Internet content publishing run by Richard Rosenblatt, also is widely expected to be in the process of filing for an IPO.
Los Angeles-based online electronics retailer Newegg has kicked off its holiday promotions, saying that it will be offering up a number of "Black Friday" deals--including special set of deals available only in person at its City of Industry-based "Hybrid Center".
Wingsland Technology , a Chinese manufactuer of drones for the consumer market, announced on Wednesday that it has opened up its first international office, in Los Angeles. According to the company, the new office will help it service the growing U.S.
Those firms include Pasadena-based Genmark Diagnostics , Westlake Village-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan.
Los Angeles-based online electronics retailer NewEgg said this morning that it has tied with SquareTrade as an option on eligible product purchases on the site. NewEgg is based in the City of Industry. SquareTrade is a provider of electronics "protection plans", which extend a product's warranty. READ MORE>>.
City of Industry-based Newegg has pre-emptively issued a statement saying that it denies all of the claims filed by two former employees and a former consultant in a lawsuit filed Monday. The firm did not release details on the lawsuit, which was filed in the Los Angeles Superior Court. READ MORE>>.
City of Industry-based NewEgg , the Los Angeles area e-commerce firm, told its users today that it has added a new, same-day shipping option for customers who live near its three main distribution centers.
Los Angeles-based online electronics retailer Newegg announced this morning that it is planning a larger than expected "hiring surge" for the upcoming holiday shopping season. Most of the positions are at its headquarters in the City of Industry. READ MORE>>.
City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. The funding came from private equity investor Franciso Partners.
Los Angeles-based online electronics retailer Newegg and online product trade in provider Buybak announced this morning that it is launching a new, technology trade in initiative in the Los Angeles area, as part of Earth Day.
Los Angeles-based online electronic retailer Newegg said on Friday that it is looking to take advantage of the recent closure of Fry's Electronics, to both hire and place workers from the now defunct electronics chain.
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