Monday, June 20, 2016
Dell Software Acquired By Private Equity Firms Francisco, Elliott
Dell Software, the unit of computer giant Dell which includes a sizeable chunk of employees in Aliso Viejo, has been acquired by private equity firms Francisco Partners, along with Elliott Management, the companies said this morning. Financial details of the acquisition were not disclosed. A chunk of Dell Software is the former Quest Software, which was based in Aliso Viejo and was acquired by Dell back in 2012. Dell Software still lists a significant number of open job and positions at its Alis (More info...)

posted on Monday, June 20, 2016(Full story)

Clearlake Capital Buys Vision Solutions
Santa Monica-based private equity investor Clearlake Capital has acquired Vision Solutions, a developer of data protection, high availability, and cloud migration software. Financial details of the acquisition were not announced. Clearlake executives Behdad Eghbali, Prashant Mehrotra and Paul Huber, along with advisors Keith Bradley and Lonne Jaffe have all joined Vision Solutions' board as part of the acquisition. Clearlake said it was advised by UBS Investment Bank, Evercore, and Foros in the (More info...)

posted on Monday, June 20, 2016(Full story)

SmartDrive Wins LA Metro
San Diego-based SmartDrive Systems, which develops video-based, fleet- driver-safety systems, reported today that it has been selected by the Los Angeles County Metropolitan Transportation Authority (L.A. Metro) for rollout on both its bus and rail fleets. Financial details of the win were not announced, however, SmartDrive said it will roll out across the LA Metro's entire entire fleet of 2,350 buses and 315 rail cars. SmartDrive has been piloting its offering on L.A. Metro's bus fleet since 20 (More info...)

posted on Monday, June 20, 2016(Full story)

Regulus Therapeutics Picks Up $30M In Debt Funding
La Jolla-based biopharmaceutical developer Regulus Therapeutics has raised $30M in a growth capital credit facility, from Oxford Finance, the company said this morning. According to Regulus, the proceeds from the loan will go towards working capital needs and advancement of its clinical and pre-clinical development pipeline. Terms of the loan and security agreement were not announced.

posted on Monday, June 20, 2016(Full story)

Vubiq Networks Names New CEO
Irvine-based wireless broadband hardware developer Vubiq Networks announced this morning that it has named John Dilworth as the company's new CEO. Dilworth replaces CEO Ed Snyder, who the company said has stepped down "in order to pursue other opportunities." Dilworth was previously VP of Business Development at the company. Vubiq Networks develops 60 Ghz, millimeter wave Gigabit Ethernet wireless equipment, which is being aimed at broadband wireless fiber extensions, wireless metropolitan area (More info...)

posted on Monday, June 20, 2016(Full story)

MGID Debuts New Anti Ad-Blocking Product
Santa Monica-based MGID, a provider of native advertising software and a native advertising network, said last week that it has launched a new, anti-ad blocking product. The company said its new technology allows publishers to trigger warnings and bypasses blocking attempts by software ad blockers. MGID's new product lets publishers set anti ad blocking features on ads, ranging from a notice asking users to disable their ad blockers in order to display free content; to blocking access to a site (More info...)

posted on Monday, June 20, 2016(Full story)

Amgen Names Operations VP
Thousand Oaks-based Amgen said Friday that it has named Esteban Santos as its new Executive Vice President, Operations. Santos has been at Amgen since 2007, and has been serving as Senior Vice President, Manufacturing, since 2013. The company said that Santos will head up Amgen's Operations organization, which is responsible for manufacturing, process development, quality, engineering and global supply chain. Santos replaces Madhavan (Madhu) Balachandran, who is retiring at the end of the year.

posted on Monday, June 20, 2016(Full story)

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