San Diego Business Journal


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Planned Hotels Would Be Boost for Oceanside

TOURISM: City Will Get Much Needed Meeting SpaceA $150 million resort development being planned in downtown Oceanside includes what would be that city’s first full-service hotel, as it seeks its share of a growing influx of North County coastal visitors and related economic benefits.

By Lou Hirsh September 5, 2014 3:06 p.m.   $$ Share

Court Ruling Against Utah Company Is Good News for Pathway Genomics

An appeals court has ruled against Salt Lake City-based Myriad Genetics Inc. regarding its gene sequencing patents used for breast and ovarian cancers. This ruling is not only good for defendant Ambry Genetics Corp., but for San Diego-based Pathway Genomics Corp., which has also been sued by Myriad.

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25 Local Supermarkets Are Among 146 Being Acquired by Haggen

Pacific Northwest grocery chain Haggen Inc. is acquiring 146 stores in five states, including 25 in San Diego County, as part of a government-required divestment brought about by the pending merger of Safeway and Albertsons, announced earlier this year.

Firms Ready to Bring Expertise, Energy to Serving Clients

Brenda Kasper and Lisa Frank, former partners at Paul, Plevin, Sullivan & Connaughton LLP, recently launched Kasper & Frank LLP. Kasper & Frank will specialize in providing practical, creative and cost-effective employment law advice and counseling to California and multistate employers.

Furlocity Successfully Completes $1.2 Million Private Offering

Furlocity, a pet accommodations website and online booking platform that allows pet owners to search, identify and book trusted pet boarding facility stays, veterinary services and pet-friendly hotels, announced Thursday the successful completion of an approximate $1.2 million private offering.

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AMN Healthcare to Acquire 3 Brands From OGH LLC

AMN Healthcare Services Inc., a San Diego-based health care staffing company, announced an agreement to acquire Onward Healthcare, Locum Leaders and Medefis from OGH LLC for $82.5 million.

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Imperial Beach Site of Planned Hotel Acquired for $5.5 Million

Imperial Beach Resort LLC has purchased an Imperial Beach parcel for $5.5 million, with plans to develop a 79-room boutique hotel, according to brokerage company Lee & Associates, which handled the transaction.

Teradata Corp. Completes Acquisition of RainStor

Teradata Corp., an Ohio-based public company with about 1,000 employees in Rancho Bernardo, said it completed the acquisition of RainStor, a business specializing in online big data archiving.

Three Investors Contribute $2 Million to EdgeWave Inc.

San Diego-based EdgeWave Inc., which makes cyber security software, said on Dec. 17 that three investors contributed $2 million more to the company’s series A funding round. EdgeWave is pulling together funds to expand the company.

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Red O Restaurant to Replace Donovan’s at UTC Office Campus

Red O, an upscale restaurant with Mexican-style cuisine led by celebrity chef Rick Bayless, plans a 2016 opening at Irvine Co.’s The Plaza office campus in University Towne Center.

Business Confidence Rose in November, Index Finds

A Business Outlook Index for San Diego, a measure of local business confidence prepared for the San Diego Regional Chamber of Commerce, increased 2 points in November over the prior month to 26.8, led by a hefty rise from businesses in the cyber security industry.

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City Approves Lease for Expansion of Sheraton Carlsbad Resort

The Carlsbad City Council has approved a ground lease agreement clearing the way for a 150-room expansion of the 250-room Sheraton Carlsbad Resort & Spa on city-owned property adjacent to the municipal golf course.

Sempra Energy's Directors Declare Quarterly Dividend

Sempra Energy, the holding company for San Diego Gas & Electric and other subsidiaries, said its board of directors declared a quarterly dividend of 66 cents per share of common stock.

Security Firm DB Networks Obtains $17 Million in Financing

DB Networks, a Carlsbad provider of cyber security for computer networks, said it obtained $17 million in new financing led by Grotech Ventures of Vienna, Va.

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Stath Karras Tapped to Lead USD’s Burnham-Moores Center

University of San Diego’s School of Business Administration has named Stath Karras as the new executive director of the school’s Burnham-Moores Center for Real Estate, effective Jan. 19.

Brandi Gill Brings Holiday Cheer to Veterans and Their Families

Veterans Village of San Diego is nationally recognized as an organization that successfully serves homeless veterans.