San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Fraden Corp. Develops Thermometer for Smartphones

Just in time to meet the Ebola outbreak demand for detecting fever, San Diego-based Fraden Corp. announced that it received a second U.S. patent for augmenting any smartphone with an instant non-contact infrared thermometer.

Port Selects Company to Negotiate on Chula Vista Bayfront Hotel Development

The board of Port Commissioners announced the selection of RIDA Development Corp. to enter negotiations to develop a destination resort and convention center on the Chula Vista Bayfront.

City Council OKs Community Planning Group for Barrio Logan

The San Diego City Council voted on Oct. 21 to recognize something that Barrio Logan has never had — an official community planning group.

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Edico Genome Announces Launch of Dragen Processor

Edico Genome Inc., a San Diego-based company that makes integrated circuits for processing genomic data, announced the broad commercial launch of its flagship Dragen processor.

County's Assessed Property Value Up 5.7 Percent

The total value of San Diego County’s assessed property for the 2014 fiscal year ended June 30 was $430.3 billion, up 5.7 percent from the prior year, according to the state Board of Equalization.

Poway Chamber to Host Expo, Mixer

The Poway Chamber of Commerce will host a business expo and mixer on Oct. 29.

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Pizza Port Brewing Co. Gets Nevada Distribution Deal

Pizza Port Brewing Co.’s craft beer will be distributed outside of Southern California for the first time, as Southern Wine & Spirits of Nevada, an alcoholic beverage distribution company, introduces it to the Las Vegas and Reno markets.

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Cox Doubles Speed on Internet Packages

Cox Communications, whose subsidiary Cox San Diego, provides cable and Internet services to about 500,000 households here, said it doubled the speeds of its two most popular Internet service packages without increasing the price.

Inflexus Buys Diego Homes Property Management Group

Inflexus Management, a San Diego property management firm, said it acquired Diego Homes Property Management Group, a local management firm focused mainly on single-family homes and small apartments, for an undisclosed price.

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Otonomy Names Yost Chief Commercial Officer

San Diego-based Otonomy Inc., a clinical-stage biopharmaceutical company, announced the appointment of Anthony Yost as chief commercial officer.

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Manchester Grand Hyatt to Open Marilyn Monroe Branded Spa

The Manchester Grand Hyatt San Diego plans to open a Marilyn Monroe Spas facility.

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Two Companies Get Clearance to Bid for Certain Defense Contracts

Two companies — Northrop Grumman Corp.’s Information Systems Sector and Computer Sciences Corp. — received indefinite-delivery, indefinite-quantity contracts letting them bid on software engineering work worth tens of millions of dollars.

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Envision Solar Reports High Level of Sales

Envision Solar International Inc., a San Diego maker and provider of solar energy systems, said it received multiple purchase orders for its solar products in less than 30 days that totaled more than $2 million.

Unanimous City Council Vote Puts Minimum Wage Issue on June 2016 Ballot

A phased-in minimum wage increase required of businesses located in the city of San Diego that would have raised the wage from $9 to $11.50 by 2017 will be put to a public vote on June 2016 following a unanimous 9-0 vote by the San Diego City Council.

Apricus Receives $10M in Financing to Pursue Licensing Deal

San Diego-based Apricus Biosciences Inc. announced that it has acquired $10 million in financing to purchase licensing from Finland-based Forendo Pharma to develop and commercialize an investigational treatment for urological conditions in men.

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Stone to Open Distribution Center in Vista

Stone Brewing Co., the Escondido juggernaut that recently struck deals to build breweries in both Virginia and Berlin, said it plans to open a distribution center for its national clients in Vista.

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Northrop Grumman Reports Successful Tests of Roadside-Bomb Jamming Device

Northrop Grumman Corp. said on Oct. 16 that its JCREW system — an electronic signal jammer designed to foil roadside bombs — made it through an extensive battery of tests at five Defense Department facilities in preparation for deployment in 2015.

StackIQ Receives $6 Million in Series B Funding

StackIQ, a Solana Beach software maker specializing in products to manage large infrastructures, said that it received $6 million in series B funding.

Albireo of New Jersey Buys Two Poway Companies

Electronic Control Systems and Green Total Solutions, both based in Poway, were acquired by Albireo Energy LLC of New Jersey for an undisclosed price.

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Epic Sciences Names Giske to CIO Position

Epic Sciences Inc. announced the appointment of Michael Giske as chief information officer.