LA TECHNOLOGYRecent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
MediaAlpha, a three-year-old West Los Angeles company that provides a real-time ad bidding platform for the insurance industry, has received a majority investment from White Mountains Insurance Group in New Hampshire, the companies announced Tuesday. The amount of the investment and size of the stake were not disclosed.
The Walt Disney Co. has purchased Culver City YouTube network Maker Studios in a $500 million deal according to a statement released by the entertainment giant on Monday, confirming initial reports of the buyout last week.
Beverly Hills investment firm Winnick & Co. announced Monday it had acquired a majority stake in T+ink, a developer of interactive digital components for print ads through what’s known as conductive ink technology.
Glossi, an online magazine publishing platform headquartered in Santa Monica, announced plans to eliminate its desktop publishing service and launch a mobile-only version next month.
Ranker takes Yelp-like ratings beyond just hotels, restaurants.
List-making website Ranker hopes it rates the description “a Yelp for everything else.”
INVESTMENT: DPL taps South Korean money to back Israeli startups.
Trio gives birth to $50 million fund that will nurse Israeli life sciences startups with South Korean money.
TECHNOLOGY: NanoH2O bought for $200 million by South Korea’s LG Chem.
NanoH2O’s sea water desalinization process makes a splash with South Korea’s LG Chem.
Tech advertising platform Rubicon Project Inc. priced its initial public offering Thursday at $17 a share, valuing the company at more than $450 million.
National Technical Systems Inc. on Wednesday said it is acquiring the testing business of Wyle Laboratories Inc., which serves the nuclear, aerospace, and defense industries.
Fiber optic provider Wilcon has taken the next step in its roll-up of local telecom companies, consolidating and rebranding recently acquired firms IX2 and Freedom Telecommunications under its corporate umbrella.
Los Angeles YouTube network Machinima announced today Anthony Vinciquerra, former chairman and chief executive of Fox Networks Group, has joined its board of directors.
RadPad, a rental search app, announced today it had raised $1 million in convertible notes in a seed round led by Menlo Park’s Deep Fork Capital.
CrowdGather Inc., owner of a network of Internet discussion boards, is planning to sell assets as it seeks to stem ongoing losses and bolster its balance sheet as it seeks merger or acquisition targets.
Virtual Piggy Inc. announced Friday it signed a partnership with Europe Games Group to allow its roughly 15 million gamers to purchase in-app items via Virtual Piggy’s Oink payment system.
Los Angeles tech accelerators Launchpad LA and MuckerLab have landed on among the top 5 such organizations in the country, according to a new list released during this week’s South by Southwest festival in Austin, Texas.