Tuesday, May 31, 2016
Platinum Equity Acquires Electro Rent For $323.4M
Beverlly Hills-based private equity investor Platinum Equity, and Van Nuys-based Electro Rent said Tuesday that the two are in a definitive agreement, where Platinum Equity will pay approximately $323.4M for Electro Rent. Platinum Equity said ti will pay $13.12 per share in cash for Electro Rent, which it says is a premium of 24.4 percent over the company's closing price on May 27th. The deal will take Electro Rent private. Electro Rent provides electronic test equipment rentals.

posted on Tuesday, May 31, 2016(Full story)

Qualcomm, Greylock Back Innovium On Networking Semiconductors
Two, Southern California investors--Qualcomm Ventures and Greylock Partners--have backed San Jose-based Innovium, on its efforts to develop semiconductors for the next generation, data center market, Innovium revealed this morning. Innovium said the funding included both undisclosed Series A and Series B funding rounds, both completed in 2015. The Series A came in the first quarter of 2015, from Walden Riverwood Ventures and Capricorn Investment Group, with participation from S-Cubed Capital and (More info...)

posted on Tuesday, May 31, 2016 (More)(Full story)

Insights: Five Essential Crowdfunding Success Tips
For today's Insights and Opinions article, we have Melinda Moore, author of How to Raise Money: The Ultimate Guide to Crowdfunding, who gives us some tips on crowdfunding.

Instead of getting VC funding, a lot of startups and creative projects turn to the masses or the public -- often through popular crowdfunding sites like Kickstarter, AngelList or StartEngine. But to get funded, you need to be able to harness crowdfunding in all the right ways. And now Title III of the Jobs Act allows (More info...)

posted on Tuesday, May 31, 2016(Full story)

Caltech Sues Apple, Broadcom, Avago Over Wi-Fi Patents
Pasadena-based Caltech has sued both Apple Computer and Broadcom over their use of technology used in Wi-Fi networking. According to the lawsuit, The California Institute of Technology v. Broadcom Limited et al, which was filed in the California Central District Court, the lawsuit covers technology used in Apple's iPhone line, starting with the iPhone 5, along with the iPad, MacBook Air, Apple Watch. The patents owned by Caltech are U.S. Patent's 7,116,710, 7,421,032, 7,916,781 and 8,284,833. C (More info...)

posted on Tuesday, May 31, 2016(Full story)

Levine Leichtman Acquires GL Education
Los Angeles-based private equity investor Levine Leichtman Capital Partners said this morning that it has acquired London-based GL Education, a provider of educational assessments in the United Kingdom and Europe. Financial terms of the acquisition were not announced. Levine Leichtman said that it is partnering with GL Education's existing management team to help further grow GL Education's business.

posted on Tuesday, May 31, 2016(Full story)

Infinite RF Holdings Acquired By Genstar Capital
Irvine-based Infinite RF Holdings, the parent company of Pasternack Enterprises and Fairview Microwave, has been acquired by private equity investor Genstar Capital. Financial terms of the acquisition were not disclosed. Infinite RF Holdings is a supplier of radio frequency (RF) technology components, serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, education/medical, and telecommunications markets. Infinite RF Holdings is led by President and CEO Ter (More info...)

posted on Tuesday, May 31, 2016(Full story)

Arecont Vision Ties With Viakoo
Los Angeles-based IP surveillance camera provider Arecont Vision said today that it has partnered with industrial Internet-of-Things (IoT) company Viakoo. According to the companies, Viakoo joined Arecont's Technology Partner Program. Viakoo is a provider of products used for monitoring physical security systems, using IP-based infrastructure. The two said the program includes sales, development, and support contacts between the two companies in order to better engage with end user customers an (More info...)

posted on Tuesday, May 31, 2016(Full story)

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Stradling, Attorneys At Law (http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
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