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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. ” TAE Technologies Michl Binderbauer standing next to the company’s novel fusion reactor. .”

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Source: Adaptec Shutting Down Lake Forest Site

socalTECH

Storage hardware developer Adaptec is shutting down its Lake Forest, Orange County site, according to sources close to the company. Adaptec moved into Lake Forest in August of 2008, when it acquired Aristos Logic , a developer of RAID chips and technology. At that time, Aristos had approximately 75 employees.

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New Incubator, Frost Venture Partners, Targets Big Data

socalTECH

Adding another group to the growing list of Southern California startup accelerators and incubators: a new, Orange County incubator, Frost Venture Partners , looks to be gearing up to tackle the "big data" market. Frost is well known for founding DATAllegro, which he successfully built and sold to Microsoft for $275M in 2008.

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SoCal Gets $739M In Venture Capital In Q2

socalTECH

According to the MoneyTree report, released last night, Orange County led fundraising, with $319.3M The report said that the investment level was the highest total in a single quarter since Q2 of 2008. Both of those fundings significantly boosted the totals for Orange County. raised for the quarter.

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AeA Winter Tech Mixer and Showcase

SoCal Tech Calendar

Tuesday, December 9, 2008 -- AeA Winter Tech Mixer and Showcase. Tis the Season to plug into Orange County and Inland Empire's largest high-tech community and meet prospective clients, partners, and network with the area's most innovative technology peers. Let's network and be merry! See [link] (more).

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Conexant's Decker Retires From Board Seat

socalTECH

Decker, who retired from Conexant in July of 2007, has been serving as a director since 2008, after stepping down from his Chairman role in 2008. Decker still sits on the boards of International Rectifier, mindspeed Technologies, and Pacific Mutual Holding Company, and also has been behind the development of Orange County's OCTANe.

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Southern California Leads In Green Businesses, Says Report

socalTECH

The Next 10 report found that California accounted for 24 percent of total global investment in clean technology, with a total of $11.6 In an assessment of the "green economy" jobs in California, the Next 10 report said that the Bay Area had 9,607 green jobs in 2008, compared with 9,370 green jobs in Los Angeles.