San Diego Business Journal


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

Airgain Inc. IPO Closes at $8.30 Per Share on 2nd Day

Shares in Airgain Inc. closed up almost 4 percent at $8.30 on Aug. 15 — their second day of trading following the company’s $12 million initial public offering.

Broadcom Ltd. Notifies State EDD it Plans 50 Permanent Layoffs

Chipmaker Broadcom Ltd. plans to lay off as many as 50 employees in San Diego, according to information released Aug. 10 by the state Employment Development Department.

Many Galaxy Note 7s to Use Qualcomm’s Snapdragon 820

Samsung is using a Qualcomm Inc. chip — the San Diego company’s flagship Snapdragon 820 processor — in many versions of its Galaxy Note 7 handset, which goes on the market Aug. 19. Selling for slightly less than $1,000, the device has a 5.7-inch “phablet” display, a stylus and an intriguing security feature: an iris scanner. That’s right, for your eye. No iris is the same, so you can use the biometric marker to unlock the phone or make mobile payments.

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Hotels Get In-Room Help Saving Energy

POWER: Co.’s System Adjusts Environment in Empty Rooms

Hotels waste a lot of energy when they heat and cool the booked — yet empty — rooms of travelers. And those sky-high utility bills end up taking a sizable chunk from the hotel’s bottom line.

Qualcomm Software Patches to Fix Flaw May Take Time to Install

More than 900 million Android smartphones and tablets equipped with Qualcomm chips and software have security flaws that could give a hacker root access to the device — that is, complete control of it.

Illumina Strikes Deal With Oregon-Based Tech Firm FlowJo

Medtech giant Illumina Inc. announced a partnership with Oregon-based tech firm FlowJo LLC to develop and co-market software for analyzing single-cell, next-generation sequencing data.

Revenue Up, Net Income Down in Q1 for ViaSat

Revenue rose 5 percent but net income dipped for ViaSat Inc. when the electronics and communications company reported first-quarter earnings on Aug. 9.

Startup Nervana Systems Acquired by Intel Corp.

Intel Corp. has agreed to acquire San Diego-based Nervana Systems, the semiconductor giant announced Tuesday.

Turtle Beach Corp. Reports Q2 Net Loss of $42.6 Million

Turtle Beach Corp., which makes gaming headsets and other headphones, revealed a second quarter net loss on Aug. 8, as well as plans to explore strategic options with its HyperSound line.

Qualcomm Signs Patent License Agreement With Another Chinese Firm

Qualcomm Inc. announced on Aug. 7 that it signed a patent license agreement with Vivo Communication Technology Co. Ltd. of China. The news came one week after Qualcomm (Nasdaq: QCOM) announced a pact with a second Chinese company, GuangDong OPPO Mobile Telecommunications Corp. Ltd.

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Carlsbad-based Software Company Names Stelling CEO

Carlsbad-based Enviance named Amy Stelling as its CEO.

Tapestry Solutions Names Wright President

Tapestry Solutions Inc., a unit of the Boeing Co., has promoted Robin Wright to president, effective Aug. 6.

Novatel Wireless Inc. Cuts Net Loss, Grows Revenues in Q2

Novatel Wireless Inc., which is recasting itself as a specialist in the Internet of Things, cut its net loss to $2.7 million, or 5 cents per share, and grew its total net revenues to $62.8 million in its second quarter, which ended June 30.

Renovate America Acquires CakeSystems for Undisclosed Price

Renovate America, the largest provider of clean energy financing for an initiative called PACE, announced Wednesday that it had acquired CakeSystems, a Portland-based software provider for home energy modeling.

StatRad Receives $13 Million Equity Investment

Medical imaging software developer StatRad said Tuesday it has received a $13 million equity investment from an undisclosed institutional partner active in health care information technology.