San Diego Business Journal

Qualcomm Ready to Buy If Market Creates Opportunity for More Mergers, Acquisitions

Leadership at Qualcomm Inc. expressed interest in further mergers and acquisitions as executives offered an extended program of briefings to financial analysts Feb. 11 at company headquarters.

FBI Honors Securing Our eCity With Director’s Community Leadership Award

The FBI has named Securing Our eCity, the San Diego nonprofit devoted to cybersecurity awareness, as a 2015 recipient of its Director’s Community Leadership Award.

Bandwidth Bonanza Big Part of ViaSat-3 Satellite Plan

Lots of Carlsbad news here, leading off with ViaSat Inc. offering some color on its ViaSat-3 satellite plan.

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New Exhaust Nozzle May Be Ticket For Quieter Landings

AVIATION: ‘Drag on Demand Technology’ Gets SBIR Grants

Parthiv Shah is on a mission that would gladden the hearts of Point Loma, North Park and Carlsbad residents — not to mention people all over the world who live under airport flight paths.

Raytheon's S.D. Projects Get $57.8 Million Boost from Navy

One of Raytheon Co.’s San Diego projects got a boost with a U.S. Navy contract modification announced on Feb. 10.

Navy Awards BAE Systems Contract Worth $52.1 Million

The U.S. Navy awarded BAE Systems San Diego Ship Repair a contract modification that could be worth as much as $52.1 million.

ViaSat Announces Joint Venture, Q3 Earnings

ViaSat Inc. offered new details on its ViaSat-3 satellite constellation on Feb. 9 while separately announcing a joint venture to deliver consumer Internet service in Europe with Paris-based Eutelsat Communications.

Mad Catz Reports Flat Earnings, to Cut Staff by One-Third

Videogame peripheral maker Mad Catz Interactive Inc. reported flat earnings for the third quarter and said it planned to restructure, cutting 37 percent of company staff.

Cubic Corp. Reports Q1 Net Loss of $5.4 Million

Cubic Corp. reported a net loss of $5.4 million on sales of $313.8 million in its first quarter, which ended Dec. 31.

Executive Team Replaced at Mad Catz Interactive

Mad Catz Interactive Inc. announced that its chairman, its chief executive officer and its chief counsel all resigned and have been replaced, effective immediately. The company offered no reason for the changes in a Feb. 8 announcement.

This Global Hawk Mission Not Clouded in Secrecy, Just Clouds

NASA plans to dispatch one of its high-altitude, unmanned Global Hawk aircraft to investigate El Niño weather patterns in the Pacific Ocean — and perhaps help the U.S. government fine-tune its weather forecasts.

Slashdot Media Acquired by BIZX for Undisclosed Price

BIZX LLC has acquired Slashdot Media from DHI Group Inc., the companies announced on Jan. 28. The acquisition included the web properties SourceForge.net and Slashdot.org. Financial terms of the deal were not disclosed. The transaction closed Jan. 27.

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Sam Reese Appointed CEO at Vistage Worldwide Inc.

Vistage Worldwide Inc. said it named Sam Reese as CEO. Reese succeeds Leon Shapiro, who will continue to serve on the Vistage board of directors.

Mr. Kashyap Goes to Washington After Fruitful Qualcomm Stint

The head of Qualcomm Inc.’s venture capital arm, Nagraj Kashyap, has left to join Microsoft Corp., the big Washington software company confirmed.

Qualcomm Looking To Get Strength Back

TECH: Co. ‘Executing,’ But Q2 Outlook Is Weak

Wireless technology specialist Qualcomm Inc. seemed to be its old self — under promising and over delivering — when it reported earnings for its recently ended first quarter on Jan. 27. Guidance for the current quarter, however, disappointed Wall Street and shares slumped after hours.

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Taking Hold

TECH: Phablet Fans Feel the Devices Deliver Best of Both Worlds

When Soyeon Park signed up for phone service on her new Samsung mobile device, she got something she hadn’t bargained for: a lot of good-natured teasing from her co-workers.

Qualcomm Says Q1 Net Income Down 24 Percent

A dispute between South Korea-based LG Electronics Inc. and San Diego’s Qualcomm Inc. is delaying $100 million of royalty revenue coming into Qualcomm, company officials said during an investor conference call Jan. 27.

Navy Completes North Island Maintenance Facility

The U.S. Navy celebrated completion of a 100,000-square-foot helicopter maintenance facility at Naval Air Station North Island on Jan. 21. RQ Construction was the prime contractor.

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General Dynamics NASSCO's Newest Vessel Leaves Shipyard

The Perla Del Caribe, the newest vessel to come out of the General Dynamics NASSCO shipyard, left San Diego on Jan. 26 for the Panama Canal and Jacksonville, Fla.

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Vicky Carlson Resigns as CEO of LEAD San Diego

Vicky Carlson announced on Jan. 25 that she plans to step down from the CEO’s job at LEAD San Diego in May.

Qualcomm Ventures Chief Reportedly Moves to Microsoft

The head of Qualcomm’s venture capital arm has apparently left to join Microsoft’s venture capital operation.

Northrop Grumman Gets One-Year, $8.2 Million Navy Contract

The U.S. Navy awarded Northrop Grumman Corp. a one-year, $8.2 million contract modification in support of the MQ-8 Fire Scout unmanned helicopter system, according to a Jan. 22 Pentagon announcement.

GA-ASI Awarded $34 Million Air Force Contract for Software

The U.S. Air Force placed a $34 million order for unmanned aircraft software with General Atomics Aeronautical Systems Inc., using research and development funds.

Qualcomm Reportedly in Talks With a Big Pharma Company About Joint Venture

Qualcomm Inc. is reportedly in talks with the U.K. pharmaceutical company GlaxoSmithKline PLC about a joint venture.

Qualcomm Inc. in Talks With a Big Pharma Company About Possible Joint Venture

Qualcomm Inc. is reportedly in talks with the U.K. pharmaceutical company GlaxoSmithKline PLC about a joint venture.

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John Dinius Made Permanent General Manager at Sycuan Casino

Sycuan Casino named John Dinius to its general manager post permanently, the organization announced on Jan. 21.

Great Green Fleet Gets Some Horsepower From Beef Tallow

Where’s the beef? Right now, a humble byproduct of meatpacking is powering U.S. Navy ships on a regular, seven-month deployment in the western Pacific Ocean.

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Solana Beach Company Is Making Waves Around the World

SPORT: Co. Brings Surf To Malls, Resorts, Opens New Sales Channel

Where can a person surf in 85-degree water and vote in the first-in-the-nation presidential primary? It really is New Hampshire.

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New Fingertip Scan Opens Up Possibilities, Closes Out Impostors

TECH: It Has Several Security Applications; Direct Touch Not Needed

Qualcomm Inc. has put ultrasound to work in a new way, to keep prying eyes out of smartphones and tablets.

Northrop Grumman Awarded $55.7 Million Air Force Contract

The U.S. Air Force awarded Northrop Grumman Corp. a one-year, $55.7 million contract modification to exercise an option on a project called BACN.

Software Provider Fragmob Secures Line of Credit

San Diego-based Fragmob said that it secured a line of credit with Santa Barbara-based Agility Capital and a banking relationship with Silicon Valley Bank.

Cybersecurity Firm iboss Names Five Senior Executives

San Diego-based iboss Cybersecurity announced five senior management hires to oversee sales and products, in the wake of taking in $35 million in series A funding. The business said it would like to grow globally.

France Buys Predator B From GA-ASI in Deal Worth $43.7 Million

France is buying its second MQ-9 Predator B system from Poway-based General Atomics Aeronautical Systems Inc., according to a Pentagon contract announcement.

Marines, Navy to Kick Off 'Green Fleet Week' Initiative

Secretary of the Navy Ray Mabus and Secretary of Agriculture Tom Vilsack will be in Coronado Jan. 20 as the U.S. Navy and U.S. Marine Corps kick off their ‘Great Green Fleet’ initiative.

Qualcomm Forms $280 Million Joint Venture with Chinese Province

Qualcomm Inc. has entered a joint venture with the Chinese province of Guizhou to design and sell advanced server chipsets in China.

MindTouch Inc. Raises $12M in Series A Round

MindTouch Inc. raised $12 million in a Series A round, company officials announced Jan. 14.

Novatel Restructures Its Deal for Acquisition of Feeney

San Diego-based Novatel Wireless Inc. restructured its deal to acquire Oregon-based Feeney Wireless, offering details in a Jan. 11 securities filing.

Jeffrey Henderson Named to Qualcomm Board of Directors

Making good on a pledge to activist shareholder Jana Partners, Qualcomm Inc. named Jeffrey W. Henderson to its board of directors on Jan. 12.

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Apple Doesn’t Want You to Hide Your Emotions, Buys Emotient

San Diego software writer Emotient is now part of Apple Inc. Word leaked out in early January that the Cupertino behemoth bought the local business for undisclosed terms.

Nanoparticles Are the ‘Special Forces’ of Problem Solving

TECH: Resilient Resources Employed For Variety of Missions

Nanoparticles don’t behave like the common person, place or thing that is visible to the naked eye.

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Cubic Acquisitions Boost Defense Side

DEFENSE: Co. Expects to Double C4ISR Sales in ’17

Cubic Corp. has been on an acquisition spree, snapping up three businesses including an Alabama company whose satellite dishes look like gigantic beach balls. The purchases, however, aren’t mindless. Nor are they fun and games.

Qualcomm Moves up to No. 4 for Number of Patents Issued in 2015

Qualcomm Inc. nabbed the No. 4 spot on IFI Claims’ ranking of top patent recipients for 2015, with 2,900 patents.

Qualcomm Inc., Japan-Based TDK Corp. to Form $3B Joint Venture

Qualcomm Inc. and Japan-based TDK Corp. have agreed to form a $3 billion joint venture to provide specialized electronics for mobile devices in a deal expected to close by 2017.

Qualcomm Declares Quarterly Dividend

Qualcomm Inc. declared a 48 cent per share quarterly cash dividend on Jan. 12.

Northrop Grumman Gets $8M Navy Contract Modification

The U.S. Navy awarded Northrop Grumman Corp. a one-year, $8 million contract modification, exercising an option for software sustainment services for one of its unmanned helicopter systems.

San Diego-Based Software Writer Emotient Acquired by Apple Inc.

Apple Inc. bought San Diego-based software writer Emotient, the Wall Street Journal reported on Jan. 7. Terms of the deal were not disclosed.

Oceanside-Based Industry Armament Acquires Predator Tactical

Oceanside-based Industry Armament said on Jan. 7 that it acquired Scottsdale, Ariz.-based firearm maker Predator Tactical for undisclosed terms.

Source Intelligence Gets $17.5 Million in Funding

Source Intelligence, a Carlsbad company that takes a particular interest in its clients’ supply chains, received $17.5 million in funding from Kayne Partners.

Airgain Inc. to Acquire the North American Assets of SkyCross Inc.

Carmel Valley-based antenna specialist Airgain Inc. said on Jan. 6 that it signed a definitive agreement to acquire the North American assets of SkyCross Inc.

Source Intelligence Gets $17.5M in Funding

Source Intelligence, a Carlsbad company that takes a particular interest in its clients’ supply chains, received $17.5 million in funding from Kayne Partners.

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