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Fisker In Manufacturing Deal With Magna

socalTECH

Los Angeles-based electric vehicle designer Fisker Inc. According to Fisker, it expects Magna to manufacture the Ocean SUV at its European vehicle assembly facility, starting in Q4 of 2022. The deal values Fisker Automotive at approximately $3 billion.

Startup 100
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Support.com In Merger With Bitcoin Mining Company

socalTECH

Greenidge says it has a 106 MW natural gas plant, currently powering 19 MW of mining capacity, with a goal of reaching 85W by the end of 2022. Support.com went public back in 2004, and was one of Southern California's earlier venture-backed IPO successes.

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Semtech Sells Off Unit To Rambus

SoCal Tech Calendar

Camarillo-based analog and mixed signal semiconductor developer Semtech Corporation said on Monday that it has agreed to divest its Snowbush intellectual property (IP) business--which develops designs for high speed serial networking interfaces--to Rambus. in cash, along with a future royalty through 2022 based on sales.

IP 100