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CB Insights, Silicon Valley Bank, Others See Rise in NY Investments
João-Pierre S. Ruth Deals and venture capital investments in New York startups are on track to set a new five-year high, according to projections in a report released Thursday. Venture data firm CB...
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San Francisco’s Vista Equity Agrees to Pay $1B for Active Network
Bruce V. Bigelow San Francisco-based Vista Equity Partners, which is managing more than $7 billion in software-related investments, has been doing a lot of shopping in San Diego this year. After...
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IBM Grabs Push Notification Developer Xtify for Mobile Marketing Tech
João-Pierre S. Ruth Adding another tool to its already extensive belt, IBM announced Thursday that it’s acquired Xtify, a New York-based developer of mobile messaging software. Xtify’s software is...
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San Diego Life Sciences Roundup: IPOs, CareFusion, and More
Bruce V. Bigelow The IPO market continued to chill for life sciences companies, as generalist investors apparently lost their enthusiasm for the sector. Here are the details, along with the rest of...
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What Yahoo’s Marissa Mayer Did and Did Not Say in Her CES Keynote
João-Pierre S. Ruth Where is Yahoo going? Does the company have a killer plan to hush its critics? Those were the main questions I wanted CEO Marissa Mayer to answer in her first-ever keynote address...
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Sprinklr’s Social Marketing Rollup Now Includes Branderati
João-Pierre S. Ruth It is safe to say Mark Curtis was on a mission to team up his company, Branderati, with Sprinklr. In fact, he practically chased down Sprinklr’s CEO, Ragy Thomas, at this year’s...
View ArticleMitek Expands Mobile Fintech Role by Acquiring Dutch ID Firm
In a deal that targets emerging opportunities in the mobile fintech industry, San Diego’s Mitek Systems (NASDAQ: MITK) has acquired IDchecker, a global provider of identity and document authentication...
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New Motive Accelerator Targets Real Estate Startups in Dallas
Dallas has a new startup accelerator—this one to boost innovation in real estate. “If you look at the last few years of tech development and adoption, a lot of it is around the physical space and...
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Emida Buys San Diego-based Quippi and Its Gift Card Business
Emida, an Orange County company that specializes in serving the global prepayment industry, said today it is acquiring Quippi, a San Diego startup that offers pre-paid gift cards in Mexico as a no-fee...
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Chicago PE Firm GTCR Buying Telematics Specialist Lytx for $500M+
The Chicago private equity firm GTCR has agreed to pay more than $500 million in cash to acquire Lytx, the San Diego-based provider of dashboard video telematics and driver risk management services,...
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Vista Equity Makes Second Deal in Two Days With Ping Identity Buyout
If you were thinking about selling your company for a couple billion dollars, now might just be the time to try it. A day after Vista Equity Partners announced it would buy marketing automation...
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Impact Radius Acquires Online Ad Fraud Monitor Forensiq
A local advertising fraud detector got snapped up today by a West Coast adtech player. Santa Barbara, CA-based Impact Radius acquired New York-based Forensiq, whose software and data scientists work...
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Walmart Makes It Official, Acquires Jet.com for $3 Billion
After word leaked last night via Recode, Walmart officially announced Monday in an e-mailed statement that it has agreed to acquire Hoboken, NJ-based e-commerce site Jet.com for $3 billion cash, a...
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Lymber, Founded in Early 2016, Surprised by Mindbody’s Buyout Offer
Lymber was barely a year old when Mindbody (NASDAQ: MB) announced recently that it acquired the San Diego mobile app developer. Lymber, named as a 2017 Xconomy San Diego startup to watch, has...
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Zoetis Builds on Biologics Pipeline with $85M Nexvet Acquisition
Zoetis announced on Thursday that it is acquiring Ireland-based Nexvet Biopharma in an $85 million deal that will bring new biologic drug candidates to the global animal health company. Parsippany,...
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Ultragenyx Makes Competing Bid for Gene Therapy Biotech Dimension Tx
[Updated 9/19/17, 10:39 am. See below.] A bidding war has erupted for gene therapy developer Dimension Therapeutics. Ultragenyx Pharmaceutical (NASDAQ: RARE) announced Monday that it is ready to pay...
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Telkonet Brings on Roth Capital to Explore Sale or Other Deals
Telkonet, a small Milwaukee-area energy management and connected devices company, said this week it had hired the investment bank Roth Capital Partners “to explore strategic alternatives” with the goal...
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As Hedge Fund Presses Takeover Bid, Mitek CFO Rescinds Resignation
Elliott Management, a New York-based activist hedge fund, has had San Diego-based Mitek Systems in its crosshairs for months.In October, Elliott subsidiary ASG Technologies Group publicly “reaffirmed”...
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Truepic Acquires Image Forensics IP to Broaden Anti-Fraud Offering
Image authentication startup Truepic said Tuesday it has acquired the intellectual property and software behind San Jose-based Fourandsix Technologies—including Izitru, an image forensics technology...
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Eli Lilly Makes an $8B Cancer Genetics Bet with Loxo Acquisition
[Updated 1/7/19, 11 a.m. ET. See below.] Eli Lilly is set to acquire Loxo Oncology for approximately $8 billion—a deal that brings to the Indianapolis pharmaceutical giant a class of drugs that treat...
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