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eBay Launches Local Shopping App In San Diego

socalTECH

eBay has launched a new, local buying and selling app called Close 5 this week in San Diego, aimed at helping users buy and sell products to other local users. The new app comes thanks to eBay''s recent acquisition of Rumgr, which was developing social selling apps very similar to Close 5. READ MORE>>.

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Lockerz Axes Plixi Team In San Diego

socalTECH

Lockerz , the Seattle-based social shopping and e-commerce site backed by Kleiner Perkins Caufield & Byers, has axed the company's San Diego office, in addition to laying off around 30 percent of its staff. READ MORE>>.

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Tesla Buys San Diego's Maxwell Technologies For Energy Storage Tech

socalTECH

Tesla Motors , the electric car-and-solar panel company led by Elon Musk, is acquiring San Diego-based technology developer Maxwell Technologies , in a deal worth approximately $218M, the companies announced on Monday. Maxwell's products include ultracapacitors, being applied to energy storage for the energy utility industry.

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Bose Develops Prototype “Sleepbuds” After Buying San Diego Startup

Xconomy

Bose , the privately held maker of headphones, loudspeakers, and other electronics for audiophiles, has acquired Hush, a San Diego startup founded by three undergraduate engineering students to develop “smart” noise-masking earbuds designed to help users sleep. Lee did not reveal.

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Mast Therapeutics Completes Acquisition of Aires Pharmaceuticals

socalTECH

San Diego-based Mast Therapeutics said yesterday that it has completed its acquisition of Aires Pharmaceuticals , the company developing treatments for pulmonary arterial hypertension. Aires'' primary product was AIR001, an intermittently nebulized formulation of nitrite used for reducing inflammation. READ MORE>>.

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Althea Technologies Acquisition Completes

socalTECH

San Diego-based biopharmaceuticals contract manufacturer Althea Technologies is now officially part of Japanese conglomerate Ajinomoto Co., the firms said late Thursday, as the acquisition of Althea completed. althea technologies biopharmaceutical contract manufacturing merger acquisition ajinomoto japanese international'

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Cytori Divests Product Line

socalTECH

San Diego-based biopharmaceuticals firm Cytori Therapeutics said yesterday that it is in a deal to divest pieces of the company, with Bimini Technologies and two affiliates, Puregraft Technologies and Kerastem Technologies. technologies bimini acquisition merger lifescience biotech cytori' READ MORE>>.

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