Co. Reported 34% Revenue Jump Year Over Year Despite COVID-19
Dexcom Inc. (NASDAQ:DXCM), which makes continuous glucose monitors, posted strong revenue and earnings for its fiscal second quarter for its continuous glucose monitors.
Acquires Three-Building Creekside Office Campus in Sorrento Valley
Longfellow Real Estate Partners has acquired a three-building Creekside office campus in Sorrento Valley as the Boston-based firm further expands its San Diego holdings with more purchases likely.
Nanome a virtual reality software company has entered into an agreement with Fujitsu.
Women's Venture Summit will host its seventh annual event virtual on Sept. 18-19.
HOSPITALITY: Maria Stipp Brings a ‘Meld of Skills’
Maria Stipp is no stranger to the executive suite. From 2015 till March of this year, she was CEO of Lagunitas Brewing Company, now owned by Heineken International and with revenue of $228 million in 2016. Now, Stipp has added a new title to her impressive resume. Effective Sept. 14, Stipp is the new CEO of Stone Brewing.
EMPLOYMENT: State Voters Mull Drivers’ Fate
The rules governing whether and how California businesses may use independent contractors changed Sept. 4 when Gov. Gavin Newsom signed legislation clarifying contractors’ roles. The evolving rules may change again.
ARCHITECTURE: AO Creates Science + Design Studio
An architectural firm with offices in Solana Beach is expanding with the acquisition of a Sunnyvale firm with a goal of making a foray into San Diego’s life science and high tech market.
Specific Defense Department Customer Was Not Disclosed
PROPERTY: $2B Project Will Be Game Changer for Midway District
The long-anticipated redevelopment of San Diego’s Midway District has started with the selection of a team led by Brookfield Properties to take over the 48-acre site of the San Diego sports area.
TECHNOLOGY: Deal Will Help Translation Co. Grow New Products
Systran, a leading provider of language translation software products, has been acquired by Korean institutional investors to further accelerate growth.
The deadline has been extended for Nonprofit Board Service Certification through a partnership of The Nonprofit Institute at the University of San Diego and United Way of San Diego County.
VENTURE CAPITAL: Network Invests in Promising Early Stage Companies
Tech Coast Angels’ San Diego network launched a new $4 million annual fund called ACE (Angel Capital Entrepreneur) 21 to invest in promising early-stage companies.
EDUCATION: Virtual Youth and School Group Programs Cater to Multiple Ages
Inspired by the success of its Virtual Summer Learning Adventure Camps, which served 1,361 students, Birch Aquarium at Scripps Institution of Oceanography at UC San Diego has launched a couple of new online education offerings catering to both teachers and parents.
TECHNOLOGY: Two Companies’ Systems Complement Each Other
SmartDrive Systems, which offers video safety and telematics technology to operators of big-rig trucks and transit vehicles, has agreed to be bought by Dallas-based Omnitracs LLC.
BD to Help Military’s COVID Fight by Providing Automated Medication Dispensing Cabinets
The following are selected defense contracts awarded to San Diego County companies in July and August.