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Western Digital Reports Record Results

socalTECH

billion, and net income of $1.6 The publicly held company said that compares to a fiscal 2011 revenue of $9.5 billion and $726 million in net income. The company now has now amassed a huge, $3.2 billion for its fiscal 2012. billion in cash and cash equivalents, after generating $1.1

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Peregrine Semiconductor Updates IPO Filing

socalTECH

San Diego-based Peregrine Semiconductor , the developer of CMOS RF integrated circuits, updated its S-1 filings Friday, saying that it had a net loss of $1.0M for the three months ended March 26, 2011. That compares with net income of $1.0M Morgan, Needham & Company , Oppenheimer & Co., on revenues of $21.2M

.Net 153
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Somaxon Pharmaceuticals Acquired For $25M

socalTECH

According to the two companies, Pernix will acquire Somaxon in a stock-for-stock transaction worth a total of $25M in total equity. Somaxon had 12 months net sales of approximately $11.7M The company has been looking for a buyer since December of 2011, when it drastically cut its staff and said it had hired an investment banker.

San Diego 147
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Real Value of Customer Excellence

SoCal Tech Calendar

Tuesday, August 16, 2011 -- Real Value of Customer Excellence. Attend and learn: ·How your support staff can become your best sales representatives ·What is a net promoter score and how it can be utilized in your company ·To call-center or not to call-center? The customer is always rightwell, most times!

Customer 113
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Will Facebook's IPO Unbottle Southern California's Pipeline?

socalTECH

The firm reported net income of $1 billion on revenues of $3.7 billion in 2011 in its S-1, which is being underwritten by Morgan Stanley, J.P. BofA Merrill Lynch, Barclays Capital, and Allen & Company. Morgan, Goldman Sachs & Co., READ MORE>>.

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Raising Angel Capital

SoCal Tech Calendar

Wednesday, March 2, 2011 -- Raising Angel Capital. These groups are comprised of high net worth individuals who meet -- formally or informally -- to vet and discuss deals and learn about the best new business opportunities. Angel networks are the source of the majority of this funding. See [link] (more)

Capital 113
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Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding

InfoChachkie

I do not advocate that you perform unnatural acts in an attempt to make your company more advantageous to venture funding. LOCATION: I Wish They All Could Be California Companies. Despite the fact that we never moved, both companies were successful. all of which continue to thrive in Santa Barbara to this day.