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Nexsan Names Sales Head

socalTECH

Thousand Oaks-based Nexsan, a developer of storage hardware products, has appointed a new Chief Commercial Officer, the firm disclosed Monday. Nexsan said that Michael McGuire has joined the firm, reporting to CEO Philip Black, and will be in charge of worldwide sales, marketing, and business development.

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Teledyne Sells Printed Circuit Board Unit

socalTECH

Thousand Oaks-based Teledyne announced this morning that it is selling off its printed circuit board business, Teledyne PCT , to FTG Circuits. Teledyne PCT develops rigid-flex printed circuit boards and assemblies, used in the defense, aerospace, and oil and gas industries. The deal is worth $9.3M READ MORE>>.

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Amgen Buys Dezima For Up To $1.55 Billion

socalTECH

Thousand Oaks-based Amgen announced this morning that it is in a deal to acquire Netherlands-based Dezima Pharma B.V. , Dezima Pharma is a biotechnology company developing cholesterol-lowering drugs. billion in additional payments based on development and sales milestones for Dezima. in a deal worth up to $1.55

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Amgen Acquires Firm For $1 Billion

socalTECH

Thousand Oaks-based biotech giant Amgen said Monday afternoon that it is acquiring Biovex , a Woburn, Massachusetts-based developer of treatments for melanoma and head and neck cancer. BioVex develops OncoVEX, a novel oncolytic vaccine in Phase 3 clinical development. READ MORE>>.

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Teledyne Buys Canadian Firm

socalTECH

Thousand Oaks-based Teledyne Technologies announced this morning that it is acquiring Waterloo, Ontario-based DALSA Corporation , a developer of digital imaging and microelectromechanical systems (MEMS). Teledyne said DALSA had sales of CAD $201 million for the twelve months ended September 30, 2010. READ MORE>>.

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Amgen Sells Fremont Facility

socalTECH

Thousand Oaks-based Amgen said Tuesday afternoon along with Boehringer Ingelheim, that the firm has agreed to sell rights in and substantially all of the assets of its Fremont, Calfiornia development and manufacturing facility. Financial details of the sale were not announced. READ MORE>>.

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Teledyne Buys Instrumentation Firm

socalTECH

Thousand Oaks-based Teledyne Technologies said today that it has acquired Odom Hydrographic Systems, a Louisiana-based firm developing hydrographic survey instrumentation. Odom had sales of roughly $10.9M Tags: instrumentation merger teledyne equipment hydrographic odom acquisition hardware. READ MORE>>.