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Cubic Buys GRIDSMART For $87M

socalTECH

San Diego-based Cubic Corporation said on Wednesday that it has acquired GRIDSMART Technologies , a developer of video tracking technology for the traffic management market. Cubic said GRIDMSART is expected to add $35M in sales and $8M in Adjusted EBITDA for the 2019 calendar year. The deal was worth $87M in cash.

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Norwest VC Eyes Waves of Change in A.I., Marketing, Cloud for 2019

Xconomy

All this is done while they guide startups through other external challenges such as fundraising droughts and overall market downturns. Palo Alto, CA-based Norwest weathers the uncertainties of technology and the economy with an investing strategy.

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Mark Levin Named Xconomy’s 2019 Lifetime Achievement Award Winner in Boston

Xconomy

We at Xconomy are excited to announce that we are honoring Mark Levin, co-founder and partner at Third Rock Ventures, with our 2019 Lifetime Achievement Award in Boston. The award recognizes Levin’s extensive contributions to the biotech industry and to the Boston life sciences ecosystem.

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Three Ways 5G Is More Than Just Fast Video Streaming

Xconomy

In 2019, we will finally see commercial deployment of the much-anticipated 5G (fifth-generation) wireless network. 5G, particularly when coupled with cloud computing and artificial intelligence (A.I.), 5G, particularly when coupled with cloud computing and artificial intelligence (A.I.),