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Chatsworth-based Cal NetTechnology Group was acquired by ABRY Partners subsidiary Nexus Technologies Inc. Cal Net provides managed IT solutions and will now operate as a NexusTek entity. which does business as NexusTek) Aug.
Chatsworth-based Cal NetTechnology Group , a provider of IT support services, has acquired Orange County-based b> inhouseIT , according to Cal NetTechnology's investors, including Boathouse Capital and Olympic Valley Capital. Cal NetTechnology Group had quietly announced the deal to its customers at the end of July.
We are pleased to be supporting the continued development of Maestro as part of our ongoing investment in new technologies that provide artists with cutting-edge tools and solutions for growing their careers.
Los Angeles-based residential energy storage technology developer sonnen said on Thursday that it has partnered with home developer Pearl Homes to build a "net zero" community in Florida. The project will initially include 148 homes. Sonnen is backed by Shell. READ MORE>>.
Wednesday, October 26, 2016 -- Cal Net's OktoberTEK 2016. Cal NetTechnology Group's annual OktoberTEK event is our largest event of the year. This years event will be a business seminar and technology expo rolled into one. See www.oktobertek.com.
Despite a perpetual belief that the presence of both high tech companies and Hollywood should be spawning out hundreds of entertainment and technology related startups, it actually happens much less than one might think. What do industrial equipment and tooling have to do with Hollywood and technology?
San Diego-based Fallbrook Technologies , a developer of continuous variable transmissions aimed at the electric vehicle market, has filed for an IPO, saying Tuesday evening in a filing that it is looking to raise up to $50M in an offering. Fallbrook reported a net loss of $11.7M For 2008, the firm had a loss of $11.9M READ MORE>>.
Carlsbad-based life science equipment maker Life Technologies and Thermo Fisher Scientific said this morning that the two are in a definitive agreement, where Thermo Fisher will buy Life Technologies for $76.00 billion, plus the assumption of net worth around $2.2 in cash per share, or approximately $13.6 READ MORE>>.
The firm reported a net loss of $2.8M, compared with net income of $14.9M The firm's net income last year in Q3 was boosted by a one-time gain related to the acquisition of its Australian subsidiary. ReachLocal hit the markets in May, and most recently was ranked the fastest growing technology companies in the Deloitte Fast 500.
Tuesday, April 6, 2010 -- CommNexus Presents: Network Neutrality: The Debate Pros and Cons of Net Neutrality. This year the FCC will be addressing one of the most important technology issues of our time, network neutrality or who controls and regulates what's sent on the Internet.
Aliso Viejo-based semiconductor maker Microsemi is being acquired by fellow chip maker Microchip Technology , in a deal worth a massive, $8.35 billion after accounting for Microsemi's cash and investments, net of debt. billion, the two said on Thursday. According to the two, Microchip will pay $68.78
San Diego-based AmpliPhy Biosciences , a developer of therapies for treating drug-resistant bacterial infections using bacteriophage technology, said it raised $9.1M for the company in its IPO. The company trades as APHB on the NYSE Small Cap Market.
Santa Barbara-based RingRevenue , the pay-per-call services firm headed by Jason Spievak, has signed on a new customer today, Rex Direct Net. According to Rex Direct Net, it will offer pay-per-call services powered by RingRevenue's products. Financial details of the win were not nanounced.
But as we are ever more acutely aware, that very technology infrastructure is also a tool for scams, identity and financial theft, election fraud, and oppression. These are all subjects that will be examined at Net@50: The Roots and Future of the Internet , a unique two-part event to be held. Read more » Reprints | Share:
Given the state of technology and society, what are the best ways to curtail the spread of misinformation (among other challenges) and the harm it can bring? The event is called Net@50. How did the internet arise to change the world—and where is it heading? It takes place the.
Forbes has released its latest list of the world's top billionaires, showing that technology continues to build substantial fortunes in the world. billion in net worth. Others include Orange COunty's David Sun and John Tu , who made their fortune from memory maker Kingston Technology, were both ranked number 440 with $2.6
The company said the funding came from high net worth individuals, including cardiologists, physicians and successful technology entrepreneurs. Geneva Healthcare, which is led by Kai Worrell, says it has already been deploying its technology across hospitals in Southern California.
Beverly Hills-based RealD , which develops 3D technology used in projecting 3D movies, has filed for an IPO, saying in a filing Friday that it is looking to raise up to $200M on the NYSE. According to the filing, RealD had a net loss of $20.3M The firm is hoping to list on the exchange as RLD. The IPO is being underwritten by J.P.
The tool, which lets users analyzing the web traffic from their promotions, lets users click into a map of where users are interacting with their promotions, and get detailed demographics data--household income, education, net worth, neighborhood data, and more--at the street level.
Fab.com said the new funding round was led by Atomico, and also included Pinnacle Ventures, re-NetTechnology Partners, Mayfield Fund, DoCoMo, Menlo VEntures, Andreessen-Horowitz, and First Round Capital. Baroda has been an investor in Fab since its seed funding back in June of 2010.
Come celebrate milestones the internet has made over the past 50 years at a special event called Net@50 on July 16 in Cambridge, MA, organized by the World Frontiers Forum and Xconomy. And a gala dinner at Café ArtScience will honor the internet’s pioneers and bring together past, present, and future technology and business leaders.
Department of Energy said this week that it has awarded more than $76M in funding, for advanced energy-efficient building technology projects and the development of training programs for commercial building equipment technicians, building operators, and energy auditors.
Los Angeles-based RealD , the provider of 3D movie projection technology, has reported its quarterly results today, saying it had net revenues of $65.3M For the six months ending September 24th, the firm's first half fiscal 2011, the firm had net revenues of $129.8M, more than double the $64.2M in revenues. READ MORE>>.
That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management. The Basics The starting point — the 101 — is knowing the difference between gross burn and net burn.
the Sunnyvale-based semiconductor maker which has major operations in Westlake Village, has released its latest financials in an updated S-1 from the company, saying that it had had net income of $19.6M The firm had net income attributable to common stockholders of $2.2M. That compares to net income of $762K on revenues of $23.3M
As part of that transaction, Chambers Street said that the property is fully leased on a a net lease basis through January 2023. Chambers Street said that the South Bay area has a "significant" concentration of technology, engineering and design companies.
Newport Beach-based semiconductor firm Mindspeed Technologies announced today that it has sold of a portfolio of legacy patents, for $5.3M. Mindspeed said the patent sales puts the firm in its "strongest net cash position in over five years." Specific details on the sale and the buyer of the patents was not disclosed by the company.
Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media. READ MORE>>.
San Diego-based Arcturus Therapeutics , a developer of RNAi technology, said it has raised $5M in a Series A funding round. According to Arcturus, the funding came from multiple private capital,, high net worth investors from Canada, Japan, and the United States. Names of those capital sources were not announced.
It’s considered by most in the self-driving car industry a key piece of technology required to safely deploy robotaxis and other autonomous vehicles. Waymo will initially target robotics, security and agricultural technology. Lidar measures distance using laser light to generate highly accurate 3D maps of the world around the car.
Los Angeles-based RealD , the developer of 3D movie projection technology, released its results Thursday, saying its Q3 2011 revenues rose to $57.8M, up 91 percent from Q3 of of 2010, when it reported revenues of $30.2M. The firm had a net GAAP loss of $16.6M.
Los Angeles-based Phyn , which develops "smart home" technology to both monitor water usage and also help prevent major water damage, has inked a deal with an insurance company to offer up its technology to consumers. PURE Insurance provides its insurance to high net worth individuals and families.
Newport Beach-based semiconductor maker Mindspeed Technologies announced this morning that it has revised its second quarter 2013 outlook. The publicly held firm said it now expects total net product revenue to be approximately $35.1 to $35.5M, down from an earlier estimate of $38.4M.
Forbes Magazine has released a list of the top technology billionaires in the world , with six Southern California technology moguls listed. Topping the list at #15 was Elon Musk , who splits his time between Los Angeles and Silicon Valley, with a net worth of $13.9 billion in net worth. billion each. billion each.
Broadcom said it will pay approximately $313M, net of cash assumed, to acquire Provigent. Provigent was venture backed by Ascend Technology Ventures, Delta Ventures, Globespan Capital Partners, Lightspeed Ventures, Magnum Communications Fund, Pitango Venture Capital, Sequoia Capital, and Stata Venture Partners.
If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. Gross Profit (also called Gross Margin or sometimes “Net Revenue”). And assuming they both had the same net profit margins (profit / revenue) then the former company would be much better off at the end of the year.
Los Angeles-based digital advertising technology developer OpenX has launched a new service today, which it says will combine content optimization and ad monetization for publishers. The firm said that publishers can use the tool to figure out what is the most valuable content on their websites.
Los Angeles-based RealD , the developer of 3D projection technology which is waiting in the wings for an IPO, revealed its latest year's result in an updated S-1 filing with the SEC last night. According to RealD, it had gross revenues of $189.08M for the year ended March 26, with a net loss of $39.7 for the year.
If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Investors: Allen Morgan of Mayfield Fund, ff Asset Management, Bobby Yazdani, Nova Spivack of Lucid Ventures, Zelkova Ventures, Paige Craig, Tom McInerney, Michael Yavonditte of Quigo Technologies, Ofer Ronan.
The Next 10 report found that California accounted for 24 percent of total global investment in clean technology, with a total of $11.6 The report said that it found 177,000 new businesses established in California between 1995 and 2008, and 118,00 closed, for a net increase of 58,500 businesses in the region.
Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.
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