The acquisition is expected to close in the first quarter of 2019.
Qualcomm Inc.'s busy week included reports of a potential settlement with Apple, Paul Jacobs' hopes to take the company private, and a new $100M AI fund.
Silvergate Bank, a San Diego-based bank with a focus on digital currencies, is looking to go public. Parent company Silvergate Capital filed with the Securities and Exchange Commission on Nov. 16 to raise $50 million through an initial public offering.
A little bit of extra space will allow San Diego law firm Procopio to expand its incubator for tech startups.
The Rancho Bernardo Community Foundation, an affiliate of The San Diego Foundation, awarded $83,000 to 20 programs that benefit Rancho Bernardo at the group’s 30th Annual Thanksgiving Luncheon.
Cubic Corp. priced a follow-on offering of 3.3 million shares of common stock at $60 per share, announcing the move late Nov. 28. Cubic plans to use proceeds to pay for its acquisition of Trafficware.
MaxLinear Inc., a fabless semiconductor company based in Carlsbad, increased the size of its board and named two new directors, Daniel Artusi and Carolyn Beaver.
Qualcomm plans to invest $100 million into artificial intelligence startups, focusing on companies withe edge AI capabilities.
Seismic hired John McCauley, the former director of finance for ServiceNow, as its first CFO.
Cubic Corp. announced on Nov. 26 that it plans to make a follow-on offering of 3.3 million shares of common stock, partially to pay for its October acquisition of Trafficware.
In celebration of its 25th anniversary, the Challenged Athletes Foundation announced it raised $3.2 million during a two week period in October 2018 as a result of three signature fundraising events: The Million Dollar Challenge Bike Ride, Aspen Medical Products San Diego Triathlon Challenge and YMCA of San Diego County Tour de Cove.
Finding funding is tough. The challenge can be especially daunting as a startup seeking its first investor to write a check. Four San Diego founders shared their advice for landing that first deal.
Years of steady growth carried Certona from its beginnings as a tech startup in small warehouse space to one of San Diego’s top software companies.
Silvergate Bank's parent company, Silvergate Capital, filed for a $50 million IPO on Friday.
Chris Hughes, who recently served as president and CEO, will assume the role of Executive Director.