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Southern California Leads In Green Businesses, Says Report

socalTECH

A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. billion invested in cleantech venture capital in the state since 2006.

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LSI Cuts Jobs In Southern California

socalTECH

LSI Corporation , a developer of data storage products, has cut a product line it had been developing in Southern California, resulting in the layoffs of employees in Irvine and Westlake Village, as well as Israel and Silicon Valley. Sources close to LSI confirmed the layoffs.

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Life Technologies Buys Navigenics

socalTECH

Carlsbad-based life sciences equipment maker Life Technologies announced late Monday that it has acquired Navigenics , a venture-backed genetics diagnostic testing firm and lab. Life Technologies said the acquisition is its first step in bulidling out its molecular diagnostics business. Navigenics was founded in 2006.

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Reflections on 2016: Louise Wannier, True Roses

socalTECH

All this holiday season, we have been sharing the reflections on 2016 from Southern California's technology ecosystem. Wannier is a longtime Southern California entrepreneur, having founded MyShape, Enfish, and co-founding Gemstar, the maker of VCR Plus. In 2006, Ms. Louise Wannier: Calendly.com.

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USC At Center Of Alleged Chinese Espionage Ring

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In some unwelcome news, the University of Southern California looks to be the center of an alleged Chinese spying ring, formed by three former graduate students from the school's electrical engineering school. in 2006; Zhang received his a masters in 2006. According to the U.S. Pang and Zhang both received their Ph.D.s

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Fulgent Genetics Files For IPO

socalTECH

Fulgent Genetics is developing genetic testing and laboratory testing technology, and is led by Ming Hsieh, who holds the majority shares in the company. Hsieh gave $35M to the University of Southern California in 2006, which renamed its Electrical Engineering Department as the USC Ming Hsieh Department of Electrical Engineering.

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Surveying SoCal's M&A Landscape, with David Siemer

socalTECH

That''s true of many Southern California ad-tech companies. For the more questionable ones, ones with less sustainable differentiation, this time it''s a little tougher than a couple of years ago, and certainly much more so than 2006 and 2007. The problem is diseconomy of scale. Their only option is an IPO.