August, 2016

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Aurrion Acquired by Juniper Networks

socalTECH

Goleta-based Aurrion , a developer of networking semiconductor technology which was spun out of UC Santa Barbara, has been acquired by Juniper Networks , according to Juniper's blog. Financial terms of the acquisition were not disclosed.

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Startups Providing A Service Are Difficult To Scale

Startup Professionals Musings

Here are the additional success factors that are really key to a startup with a services offering: Get your service out of your head and down on paper. You don’t have enough hours in a day, or trained people, to succeed with lower margins in a services startup. Recruit only the best people, with the right base skills.

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Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning

Xconomy

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.

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Why Teenagers Make Great Entrepreneurs

Xconomy

It’s a question that often circulates in the business press and on tech blogs. Twenty-somethings also tend to have few external commitments, like a spouse, kids, or a mortgage, which makes startup life easier to manage. The Kauffman Foundation estimates that the average startup cost is approximately $30,000.

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UC San Diego Nobel Laureate Roger Tsien Dies at 64

Xconomy

Roger Tsien, a UC San Diego scientist who shared the 2008 Nobel Prize in chemistry for research that led to the development of fluorescent proteins used to illuminate tissue and track biological processes, has died, according to a statement from the university.

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Under New Owners, Petco’s Digital Strategy Emerges in Petnet Deal

Xconomy

Petco, the privately held pet supplies company based in San Diego, said today it led a $10 million Series A financing in Los Angeles-based Petnet, a three-year-old startup developing technology-enabled pet feeders and pet food delivery service. The startup does its R&D and design in Los Angeles.

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At “The Vine,” Developer Builds a Vertical Campus for Tech Startups

Xconomy

In downtown San Diego, a private real estate company best known for its master-planned communities in suburban Southern California has posed some existential questions for regional tech hubs looking to build their own startup ecosystems. Such campuses abound in Silicon Valley, in a sprawling, horizontal way. John “J.T.”

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