San Diego Business Journal


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

New York-Based NeuLion to Acquire DivX

DivX LLC, a San Diego maker of video compression software, said it signed a definitive agreement to be acquired by NeuLion Inc., a New York-based provider of live and on-demand content to Internet connected devices.

PocketDerm Raises $2.85 Million From Sale of Securities

San Diego-based PocketDerm LLC, a dermatology-targeted telehealth startup, has raised $2.85 million from the sale of securities, according to a recent regulatory filing with the Securities and Exchange Commission.

IFAN Announces $1 Million Private Placement

IFAN Financial Inc., a San Diego company that develops and distributes software to enable mobile payments, announced a sale of $1 million of its common stock and warrants in a private placement agreement with an investor.

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Technology Boosts Access, Improves Delivery for Health Care

Q&A: Jane Finley, Kaiser Permanente

Jane Finley is senior VP & executive director of Kaiser Permanente in San Diego. Finley began her career with Kaiser Permanente in 1984 and was based in Downey before moving to San Diego in the spring.

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Opportunity, Innovation and Competition Grow In Space Sector

TECH: Rule Change Should Open Up New Foreign Markets

A federal government flush with money, pushing ahead in the space race, ever eager to fund research and development.

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China Reportedly Wrapping Up Qualcomm Investigation; Hefty Fines Expected

The Chinese government is close to settling its antitrust investigation with Qualcomm Inc., according to the Reuters news service, citing a Dec. 26 statement to that effect from China’s National Development and Reform Commission.

Device-Maker BeneChill Inc. Seeks to Raise $14.6 Million

BeneChill Inc., a startup established in San Diego eight years ago to develop a rapid-chilling technology to treat patients suffering from heart attacks and brain injuries, intends to raise more than $14.6 million through an initial public offering.

Sphere 3D Corp. Enters Agreement With Microsoft

Sphere 3D Corp., which completed its acquisition of San Diego’s Overland Storage earlier this month, said it entered into a multi-year agreement with Microsoft Corp. allowing the pre-installation of Windows embedded server software in appliances using Sphere 3D’s Glassware 2.0 virtualization technology.

West Partners Completes Follow-On Investment in NoteVault

West Partners, the investment arm of the Gary & Mary West Family Office, completed a follow-on investment in NoteVault Inc., a San Diego provider of voice-to-text-based mobile reporting solutions for the engineering and construction industry.

Tapestry Solutions Receives $48.4 Million Contract

The U.S. Air Force announced that Tapestry Solutions Inc., the San Diego software maker, received a $48.4 million contract for Global Decision Support System application support services.

Achates Power Seems to Be On the Right Road for Growth

Achates Power Inc., the Sorrento Valley company working on a fuel-efficient diesel engine design, said early this month that it added a fifth-leading global manufacturer to its client list. A nondisclosure agreement prevents Achates from naming the client, a spokesman said.

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Port Leveraging Sea of Data in Its Green Technology Initiative

CLEAN-TECH: Its Administration Building Is Seen as a Potential Model

The Port of San Diego has teamed up with local trade group Cleantech San Diego and a slew of “Internet of Things” technology companies in hopes of being cleaner and greener — and saving some money along the way.

Connequity’s Platform Introduces Matchmaking for Networking

SOFTWARE: Company Uses Algorithm to Generate Warm Leads for Clients

Connequity, a newly launched online platform, hopes to take business networking to a new level.

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For ecoATM, Change Brings Opportunity

TECH: Acquisition Doesn’t Dampen Company’s Drive

When Outerwall Inc. acquired San Diego startup ecoATM last year, it promised to keep the operation here and grow it.

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Halozyme Therapeutics, Janssen Biotech Sign Agreement

Halozyme Therapeutics Inc., a San Diego-based biopharmaceutical company, will receive $15 million as an initial payment from Pennsylvania-based Janssen Biotech Inc. as part of a collaboration and license agreement to develop and commercialize products combining Halozyme’s technology with Janssen’s compounds.