San Diego Business Journal

SD TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Navy Awards Cypher Analytics Five-Year, $28.8 Million Contract

The U.S. Navy awarded San Diego-based Cypher Analytics Inc. a contract that could be worth up to $28.8 million over five years.

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Edico Genome Secures Patent, Strengthens IP Position

Bioinformatics firm Edico Genome Corp. has landed its third foundational patent, the company announced Thursday. The patent further secures the company’s core technology, and may ease the minds of collaborators considering new applications for the tech.

TPT Global Tech Inc. Acquires Trucom Networks

Downtown San Diego-based TPT Global Tech Inc. said it acquired Trucom Networks, a competitive local exchange carrier in Arizona and Nevada. Terms of the deal were not disclosed.

Franklin Wireless Reports Q3 Net Sales of $14.1 Million

Franklin Wireless Corp. reported net income of $391,000 on net sales of $14.1 million during its third quarter, which ended March 31. The San Diego business filed its statement with securities regulators on May 16.

Abacus Data Systems Acquires Amicus Attorney

Abacus Data Systems Inc. announced on May 17 that it acquired Toronto-based Amicus Attorney, a practice management solution for lawyers. Financial terms of the transaction were not disclosed.

San Diego Ranks Third Nationally for Clean Tech Leadership

San Diego ranked third in a national clean tech leadership index released May 17 by Clean Edge Inc.

Irvine’s Synoptek Opens New San Diego Location

Synoptek, an Irvine-based IT managed services provider and cloud solutions firm, announced it is expanding its presence in San Diego and opening a new office.

Novatel Wireless Inc. Posts Q1 Net Loss of $11.9 Million

Novatel Wireless Inc. reported a net loss of $11.9 million on total net revenues of $66.9 million in its first quarter.

Report: Health Care Sector Remains Main Draw for VCs in First Quarter

Venture capital dipped slightly for San Diego companies, according to a first-quarter report from Cushman & Wakefield. The health care sectors, however, are still stealing the show.

IBM, UCLA Form Partnerships With S.D Firms

Two firms in San Diego County announced partnerships Thursday, one with tech giant IBM and the other with the University of California, Los Angeles.

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Drone Technology Gives Farmers A More Precise ‘Field of Vision’

SOFTWARE: Sensors Used to Identify Various Problems in Crops

Drones can’t deliver your supper — not in U.S. airspace — but they have already worked their way into the food chain.

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Appetite For Algae

ENERGY: Sapphire Pivots From Biofuels to Supplements

Sapphire Energy Inc., once a promising player in the biofuel industry, has officially dropped clean energy from its pipeline and shifted focus to the more profitable vitamin supplement market.

Vanguard Space Technologies Acquired By Albuquerque Company

Albuquerque, N.M.-based SolAero Technologies Corp. said May 11 that it has acquired Miramar-based Vanguard Space Technologies Inc., a builder of satellite components, for undisclosed terms. The seller was Enlightenment Capital.

Turtle Beach Corp.’s Headsets Drive Q1 Earnings

Turtle Beach Corp., a San Diego-based video game headset maker, reported net revenue of $24 million in the first quarter of 2016, up 22 percent from the same time last year, much of which the company attributes to headset sales.

Jean-Claude Kyrillos Appointed VP of Business Operations at Qualcomm Life

Qualcomm Life, a subsidiary of Qualcomm Inc., named Jean-Claude Kyrillos as vice president of business operations, the company announced May 10. Kyrillos will report to Rick Valencia, senior vice president and general manager of Qualcomm Life.