Local.com is making a play in the ever-more-crowded group-buying space, purchasing iTwango, a startup that has developed a group-buying platform. The local search company says it will re-brand iTwango and distribute offers widely across Local.com as well as its network of local sites; it’s also planning on letting partners use…

Directory network Local.com has acquired Octane360, a domain-based local ad firm that aims its services at small businesses, domain portfolio owners, agencies and publishers. Under the terms of the deal, Irvine, CA.-based Local.com will pay Octane360 $5 million in cash and stock with an earnout of up to $5.9 million.…

Search engine company Local.com beat its guidance for its Q3 net loss, narrowing its shortfall to $1.7 million ($0.12 per share) from last year’s $9.3 million. Revenue was $10.2 million, which was below guidance, but represented an 82 percent increase from Q307. The company’s earnings come on the same day…