San Diego Business Journal

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Qualcomm Revenue Misses Analysts’ Mark; Co. Receives Wells Notice From Feds

Qualcomm Inc. reported net income of $1.96 billion on revenue of $6.37 billion in the company’s second quarter — short of the $6.48 billion predicted by analysts in a Reuters poll.

GroundMetrics Raises $2.73M in Funding Round

San Diego-based GroundMetrics Inc. — which offers technology services to the oil and gas industry — said that it raised $2.73 million in its series B funding round.

Local Call Center Company Changes Its Name

Intelicare Direct is the new name for Desert Call Connection, the Kearny Mesa-based business announced recently.

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Navy Names New Spawar Commander

The U.S. Navy has tapped Rear Adm. David H. Lewis to be the next commander of Spawar.

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AT&T Considering Ultra-Fast Internet Connectivity for San Diego Region

AT&T Inc. said it is considering putting high-speed Internet connectivity in San Diego and 20 other metro areas in the United States.

2 San Diego Businesses Are in the Hunt for Carrier-Drone Contract

The U.S. Navy recently offered contractors details on what it would like to see in its first production aircraft carrier-based drone.

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Active Network Plays Role in White House Easter Egg Roll

The Active Network handled the ticket lottery for the White House Easter Egg Roll.

SDSU Names New Dean of College of Business Administration

San Diego State University has named an academic from Illinois to be the dean of its business school.

Carlsbad Company Participates in White House Conference on Solar Energy

Carlsbad-based Everyday Energy took part in a White House conference on solar energy April 17.

SDSU Names New Dean of Business School

San Diego State University has named an academic from Illinois to be the dean of its business school.

Local Company Participates in White House Conference on Solar Energy

Carlsbad-based Everyday Energy took part in a White House conference on solar energy April 17.

IHive Aims to Take the Stings Out of the Internet of Things

Beehives are synonymous with activity, and the people running downtown San Diego’s CyberHive seem to be making big moves with several new projects.

Co. Aims to Break the Mold On Smartphone Customization

TECH: Foneclay Gives User Creative App Making Power

Isaac Eteminan wants Foneclay to be the next big thing in smartphones.

Winners & Losers

Tech: Qualcomm Continues to Grow Profitably, While Many Cos. In Sector Lag on the Bottom Line

Fiscal 2013 was not a year to expect a profit from one of the region’s publicly traded technology businesses — unless you held shares in Qualcomm Inc.

Region to Get Some Work on the F-35 Aircraft

Lockheed Martin Corp.’s latest contract on the F-35 Lightning II aircraft will bring work to San Diego.

Upcoming Symposium to Discuss Defense Technology

Defense contractors and U.S. Navy leaders will gather April 22-24 at the Hall of Champions in Balboa Park to talk shop, and talk about technology.

Two Local Companies to Compete for Airfield Work for Navy

The U.S. Navy needs a solid place to land its aircraft, and it has chosen two local contractors to make that possible.

San Diego Startup Week Set for June 17-21

StartUp San Diego has set June 17-21 for its second annual San Diego Startup Week.

Three Local Construction Cos. to Compete for Defense Work

Three local companies may have Army construction work in their futures.

Lakeside Construction Co. to Compete for Navy Contracts in Pacific Northwest

Marathon Construction Co., a small business based in Lakeside, took a step toward receiving U.S. Navy construction contracts for work in the Pacific Northwest.

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Harrah’s Project Adds 200 to Staff, Additional 80 Jobs Expected

Harrah’s Resort Southern California said it added 200 jobs with the completion of its ambitious construction project, and is up to 1,600 employees at its hotel and casino.

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Peregrine Semiconductor Targets China Telecom Market With Microchip

San Diego-based Peregrine Semiconductor Inc. announced on April 9 that it plans to introduce its UltraCMOS Global 1 microchip to the Chinese telecom market.

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Moroccan Air Force Training Deal Worth $5 Million for Cubic

Cubic Corp. said on April 11 that it received a contract worth more than $5 million to supply an aircraft training system to the Moroccan air force.

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Cubic Gets $5M Deal to Supply Moroccan Air Force With Training Equipment

Cubic Corp. said on April 11 that it received a contract worth more than $5 million to supply an aircraft training system to the Moroccan air force.

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Peregrine Semiconductor to Introduce Microchip in China Market

San Diego-based Peregrine Semiconductor Inc. announced on April 9 that it plans to introduce its UltraCMOS Global 1 microchip to the Chinese telecom market.

Navy Discovery Could Bring Sea Change to Fueling of Its Fleet

The U.S. Navy claims that it has produced a hydrocarbon fuel made from seawater. Scientists at the U.S. Naval Research Laboratory said they demonstrated the concept in mid-2013, using the fuel to fly a scale model airplane with a stock, two-stroke engine.

Alumnify Creates Collegial Connections for Alumni and Schools

TECH: Business Model Includes Annual Fees From Schools, Donation Feature

College taught A.J. Agrawal a fair amount, but the young tech CEO said he got quite an education after graduation, when he had to cold-call hundreds of colleges.

DivX’s New Owners Seek New Customers

TECH: Co. Targets China, Seeks to Increase Its Patents

Change seems to be a constant at DivX LLC, which got new owners this month.

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Turn of the Screw

Maritime: Marine Group Boat Works Is Thriving, But Uncertainty of Place Looms

Todd Roberts sits in the pilot house of a 114-foot U.S. Navy boat that his workers just built, and mentally charts his course with a mixture of excitement and apprehension.

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General Atomics ASI Gets $141.4M Air Force Deal

General Atomics Aeronautical Systems Inc. of Poway received a four-year, $141.4 million U.S. Air Force delivery order for work on the Block 50 ground control station for unmanned aircraft.

Five San Diego Construction Companies to Compete for Navy Task Orders

Five San Diego County construction companies stand to collectively gain up to $99 million in contracts over five years, following a decision by the U.S. Navy’s facilities command.

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Qualcomm Boosts Dividend 20 Percent

Semiconductor maker Qualcomm Inc. authorized an increased dividend as its stock flourishes.

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Airgain on the Move

Antenna technology firm Airgain Inc. has traded its North County space for a more centrally located headquarters.

Barrio Logan Zoning Issue to Remain on June Ballot After Lawsuit Fails

The legal effort to take a disputed Barrio Logan zoning plan off of the June ballot failed late last week, so voters living in San Diego city limits will still be asked to make a decision about the neighborhood’s future.

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Qualcomm Introduces New Snapdragon Prcoessors

Qualcomm Inc. unveiled new high-end processors for smartphones and tablets on April 7.

West Partners Invests in Carlsbad Tech Company NoteVault

West Partners said it recently closed an investment in NoteVault Inc., a Carlsbad-based technology company. The amount of the investment was not disclosed.

Biotech Startup Scores a Win at UCSD's TriNet Challenge

A startup company at work on a unique medical device — a photosynthetic scaffold technology that helps restore damaged or diseased tissue — won a university business competition and $6,000.

Will Proximity Beacons Breed Contempt From Saturated Users?

Proximity beacon technology, such as that produced by Qualcomm Inc., is ready for prime time.

New World of Mobile Advertising Spurs Business Unit Creation

Marketing: Digitaria Hoping Big on Mars Will Make Big Impact on Clients

Digitaria, a digital marketing and advertising agency based in San Diego’s East Village, is developing a business unit that will specialize in software applications for mobile devices.

Co. Gives Financial Professionals A Clear Picture of Clients’ Needs

SOFTWARE: Marketing Videos and Analytics Used To Determine Best Prospects

Kim Folsom has blended two areas she knows well — video marketing technology and financial education — to create a software platform for helping financial professionals gain small-business clients.

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Prima Ushers In a Home Cinema First

Entertainment: System Securely Delivers Debuting Films

The first company to deliver movies to home theaters in a high-quality format on the same night they premiere in neighborhood multiplexes isn’t in Los Angeles; it’s in Carlsbad.

West Partners Invests in Carlsbad Tech Company

West Partners said it recently closed an investment in NoteVault Inc., a Carlsbad-based technology company. The amount of the investment was not disclosed.

Biotech Startup Gets a Win at UCSD's TriNet Challenge

A startup company at work on a unique medical device — a photosynthetic scaffold technology that helps restore damaged or diseased tissue — won a university business competition and $6,000.

San Diego-based TVC Capital Invests Additional $2.5M in Software Co.

San Diego-based TVC Capital LLC has invested an additional $2.5 million in Denver software maker Levels Beyond, the companies said on April 3.

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Northrop Grumman Gets $43.8M Navy Deal for Unmanned Helicopters

The U.S. Navy said that it awarded a $43.8 million contract to Northrop Grumman Corp. for several unmanned helicopters and one ground control station.

Space Micro Doubling the Size of Its Design, Manufacturing Quarters

Space Micro Inc., which makes a variety of radiation-hardened electronics for satellites, said that it signed a five-year lease to expand its Mira Mesa facility.

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Qualcomm’s Sale of a Joint Venture Stake Reportedly Approved By Regulators in India

Telecommunications regulators in India approved Qualcomm Inc.’s sale of its stake in a wireless joint venture to Bharti Airtel Ltd., the Economic Times of India reported March 29.

Two Companies Agree to Buy San Diego-Based DivX for Up to $75M

Parallax Capital Partners and StepStone Group said on March 31 that they had inked a definitive agreement to buy DivX LLC, the San Diego-based video technology company, from Silicon Valley-based Rovi Corp. for up to $75 million.

CACI One of Three Companies Eligible to Bid on a Possible $71M in Government Contracts

CACI Inc., based in Virginia with offices in San Diego, is one of three companies receiving U.S. Navy electronics contracts that could be worth tens of millions of dollars.

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Cubic Corp. Gets $6.9 Million Air Force Contract

The U.S. Air Force said on March 28 that it awarded Cubic Corp. a one-year contract worth $6.9 million.

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