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Safeguard Scientifics Inc

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BUSINESS
July 7, 1998 | Bloomberg News
Safeguard Scientifics Inc., one of only a handful of publicly traded venture capital funds, agreed to acquire closely held Pac-West Telecomm Inc. for $115 million, so Pac-West can speed its growth. Pac-West is a competitive local telephone exchange carrier, or CLEC, with operations in California and Nevada. CLECs compete with the Baby Bell companies for local phone business. The company has a presence in all 11 of the local-access and transport areas in California.
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BUSINESS
July 7, 1998 | Bloomberg News
Safeguard Scientifics Inc., one of only a handful of publicly traded venture capital funds, agreed to acquire closely held Pac-West Telecomm Inc. for $115 million, so Pac-West can speed its growth. Pac-West is a competitive local telephone exchange carrier, or CLEC, with operations in California and Nevada. CLECs compete with the Baby Bell companies for local phone business. The company has a presence in all 11 of the local-access and transport areas in California.
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BUSINESS
October 3, 2000 | Dow Jones
ChromaVision Medical Systems Inc. in San Juan Capistrano said Monday it raised $12 million through private stock sales to Safeguard Scientifics Inc. unit and IncuVest LLC. ChromaVision said it issued 560,693 shares, which were purchased at $12.48 each. ChromaVision will use the funding to commercialize its automated cell-imaging system, which is used to detect, diagnose and treat cellular diseases. Safeguard Scientifics received 5 million of the newly issued shares.
BUSINESS
June 11, 1997 | (Bloomberg News)
ChromaVision Medical Systems Inc. said Tuesday it received clearance from the Food and Drug Administration to market its new microscopic scanner that screens blood for certain malignancies and infections such as chronic leukemia. The company hopes to gain clearance to market the device for detecting a number of other diseases, said Douglas Harrington, chief executive officer. He said the company could offer a noninvasive test for Down's syndrome.
BUSINESS
October 5, 1996 | JAMES F. PELTZ, TIMES STAFF WRITER
John Hancock Mutual Life Insurance Co. said Friday that it has agreed to sell its Sutro & Co. and Tucker Anthony Inc. stock-brokerage units to a group led by the firms' managers for $180 million. Sutro, headquartered in San Francisco, and Boston-based Tucker Anthony are respected but small, regional competitors in the securities industry, and Hancock said it's shedding the firms to focus on its core insurance lines.
BUSINESS
August 6, 2000
Mark S. Winkler has joined Tradebonds.com, a Newport Beach online bond broker, as chief information officer. He was previously a partner with Catalyst Capital, where he directed Internet and information technology operations, and served as chief technology officer for USAutoNews.com. Winkler was also executive vice president and chief information and technology officer for Shopping.com. * John D.
BUSINESS
August 14, 2007 | Meg James, Times Staff Writer
A month after winning an Academy Award for scientific achievement this year, the longtime president of Pacific Title & Art Studio, a Hollywood post-production house, was fired from his job. On Monday, Phillip Feiner sued his former employer, Safeguard Scientifics Inc., in Los Angeles County Superior Court for more than $15 million, claiming that he was pushed out after 30 years at the company in an illegal and particularly harsh manner.
BUSINESS
April 7, 2000 | Times Staff and Wire Reports
Tuesday's intraday market plunge seemed a distant memory Thursday as analysts and investors alike were in a bullish mood. Goldman Sachs & Co. came out with a "Super Seven" list of tech names it calls "core holdings" for a volatile market, and five of the stocks finished higher. The list features electronic commerce specialist First Data Corp. (ticker symbol: FDC), software developer Oracle Corp. (ORCL), electronic systems maker Teradyne Inc.
BUSINESS
May 31, 2004 | Josh Friedman, Times Staff Writer
Los Angeles-based buyout specialist Platinum Equity is continuing its acquisition spree. The company said Friday that it would acquire Dallas-based CompuCom Systems Inc., which helps companies run their computer systems, for $254 million, and German dye maker DyStar for an undisclosed amount. The acquisitions would significantly expand Platinum's global stable of businesses in technology and other sectors.
BUSINESS
March 7, 2000 | JESUS SANCHEZ, TIMES STAFF WRITER
It used to be that all a landlord would require from a prospective tenant was a security deposit and first and last month's rent. Now, a small but growing number of Southern California commercial landlords are asking some tenants to cough up one more item: stock. The soaring values of high-technology shares and splashy Internet stock offerings find some Los Angeles building owners acting like Silicon Valley venture capitalists.
BUSINESS
October 25, 1999 | ELIZABETH DOUGLASS, TIMES STAFF WRITER
Telecommunications is big on Wall Street of late. That's partly because a string of big-bucks mergers has showered telecom shareholders with huge gains. But it's also because investors have figured out that behind every successful "dot-com" company is a telecom firm supplying the connections among computers, phones and other gadgets that deliver the Internet. Several telecom companies have already tapped Wall Street's growing interest with successful stock offerings this year.
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