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Belgium Telecom Company BICS to Buy TeleSign for $230 Million.

L.A. Business Journal

of Marina del Rey, a developer of user authentication software, announced on Tuesday that it had agreed to be acquired for $230 million in cash by telecommunications company BICS of Belgium. TeleSign Corp.

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textPlus Lands $18M, Buys Jarvus

socalTECH

In addition to the new funding, the company also said it has acquired Los Angeles-based Jarvus , which develops an app to people capture and share experiences, events and moments together. textPlus, which is based in Marina Del Rey, develops a combination of mobile apps and related services which allow users to text each other for free.

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Los Angeles Fast 500 Winners Announced

socalTECH

The highest ranking firms on the overall Technology Fast 500 from the area were Santa Barbara-based FastSpring , a developer of software e-commerce tools headed by Dan Engel , which was ranked at number 13 nationally with 17,468% revenue growth from 2006 to 2010.

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Cooking.com Powers Good Bite

socalTECH

Marina Del Rey-based Cooking.com , which operates its own and other online stores for cooking-focused brands and companies, reported today that it will be managing and building a new, online kitchenware store for recipe video web site Good Bite. Good Bite is a site owned by Los Angeles-based online video firm DECA.

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textPlus Names Machinima's Nanea Reeves As President

socalTECH

Marina del Rey-based mobile app developer textPlus , which develops apps that provides free texting and phone service, said late Tuesday morning that it has named Nanea Reeves as President of the company.

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Six Degree Games Gets $4.0M

socalTECH

Marina Del Rey-based Six Degree Games , the developer of online virtual worlds, recently raised $4.0M Six Degree Games is the developer of the virtual world Action AllStars. in new funding, according to regulatory and other sources. Details on the fundraising round--which closed in Q2--have not been announced.

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GOGII Raises $15M

socalTECH

Marina del Rey-based GOGII , the social messaging firm headed by former JAMDAT founders Scott Lahman, Austin Murray, and Zack Norman, announced this morning that it has raised an additional $15M in a third round of funding. The app runs on iPhone, iPod touch, iPad, and Android.

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