Xconomy

APRIL 17, 2017

San Diego-based TakeLessons set out nine years ago to create a Web-based platform that helped match music students with qualified instructors. Since then, TakeLessons has raised a total of $20 million in venture capital, and expanded into new markets and services.

Venture Capital 59

Venture Capital San Diego Santa Monica Coach 59

Xconomy

OCTOBER 5, 2017

Ad-Juster, a San Diego adtech startup acquired earlier this year by the investment arm of China’s Innotech International Group, Wednesday named local software entrepreneur Dennis Clerke as CEO. He succeeds Ad-Juster founder and president Mike Lewis, who has left the company.

San Diego 52

San Diego Equity Advertising Acquisition 52

Xconomy

SEPTEMBER 25, 2020

In biotech, you can go home again. Four years ago, Illumina spun out cancer diagnostics startup Grail. This week, the gene sequencing giant announced it is acquiring Grail in an $8 billion cash and stock deal. Grail set out with the goal of developing a diagnostic test that detects cancer from the genetic snippets tumors shed into the blood.

Acquisition 85

Acquisition Ideas Startup Technology 85

Xconomy

JANUARY 11, 2018

LendingPoint , an online provider of direct loans to consumers, has acquired LoanHero , the San Diego fintech with technology that enables merchants to extend instant financing to consumers at the point of sale. Financial terms of the buyout were not disclosed in an announcement Thursday.

Sales 68

Sales San Diego Acquisition Software 68

Xconomy

NOVEMBER 14, 2019

Advancing new forms of birth control is a central focus at Daré Bioscience (NASDAQ: DARE ), a San Diego-based biopharma company that’s built a pipeline of experimental devices and treatments tailored for women’s health. Order groceries? Turn off the bedroom lights? How about contraception?

San Diego 110

San Diego Design Activity Company 110

Xconomy

MAY 15, 2018

With the Bio-IT World Conference opening today in Boston, San Diego-based Illumina (NASDAQ: [[ticker:ILMN) said it has acquired Edico Genome, a five-year-old startup with technology to accelerate the readout of next-generation sequencing data. Illumina withheld terms of the deal in a statement released this morning.

San Diego 75

San Diego Conference Software Capital 75

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

Southern California 113

Southern California SoCal Pasadena Startup 113

Xconomy

DECEMBER 18, 2018

The semiconductor company, founded in 2001, is based in Carlsbad, CA, a San Diego suburb. Cisco, the San Jose, CA-based tech giant (NASDAQ: CSCO ), said Tuesday that Luxtera’s advanced chips will help it offer its customers faster and better network service performance.

San Diego 49

San Diego CalTech Acquisition Design 49

Xconomy

JULY 31, 2020

This week the neuroscience drug developer reached a deal to merge with publicly traded Arya Sciences Acquisition Corp II. Bain Capital and Pfizer (NYSE: PFE ) launched it in 2018 with neuroscience compounds from the pharma giant’s labs. Cerevel is young, but it’s pretty far along.

Pricing 72

Pricing Acquisition Capital Marketing 72

Xconomy

JULY 10, 2019

More than a third of the companies that went public in the first half of this year were backed by venture capital. That, plus robust merger and acquisition activity, set a record for venture-backed exit value—$165.2

Venture Capital 86

Venture Capital Invest Startup Activity 86

Xconomy

FEBRUARY 20, 2019

The software of Portfolium, a San Diego startup that hosts online portfolios for students trying to showcase their achievements to potential employers, is set to join the portfolio of Utah educational software company Instructure. Instructure (NYSE: INST ) has agreed to acquire privately held Portfolium.

Software 87

Software San Diego Startup Education 87

Xconomy

AUGUST 10, 2016

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out. In the 2-1/2 years since it was founded, Nervana raised roughly $25 million. (In

Artificial Inteligence 40

Artificial Inteligence San Diego Framework Venture Capital 40

Xconomy

JUNE 11, 2018

Intel sealed its commitment to become a player in the burgeoning autonomous vehicle industry when it bought computer vision company Mobileye for more than $15 billion in 2017.

Mobile 101

Mobile Capital Technology Venture Capital 101

Xconomy

DECEMBER 26, 2018

The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. It was an eventful year for the artificial intelligence industry. Meanwhile, A.I. developers continued to grapple with issues around transparency, trust, and ethics.

Artificial Inteligence 94

Artificial Inteligence Venture Capital Research Acquisition 94

Xconomy

MARCH 20, 2019

A Chicago-based private equity firm has tapped the former head of NuVasive and finance chief of GreatCall to start a new healthcare company in San Diego. The company, Corza Health, is headed by Greg Lucier, most recently CEO at NuVasive, and backed by the PE firm, GTCR, with money from its $5.25 billion Fund XII.

San Diego 62

San Diego Equity Invest Funding 62

Xconomy

AUGUST 11, 2020

Under the terms of the acquisition agreement, Stevenage, UK-based KaNDy could earn up to $450 million more in milestone payments as the drug approaches. KaNDy’s small molecule drug, NT-814, is in development as a treatment for common symptoms of menopause, such as night sweats and hot flashes. Read more » Reprints | Share:

Startup 120

Startup Acquisition Develop Development 120

Xconomy

JUNE 3, 2016

Thousands of others will head to San Francisco for BIO, which has a distinct international flavor. But billions of dollars in acquisitions will be left by the side of the road. Bad FDA news for Teva Pharmaceutical and AstraZeneca also threw outsized acquisitions into question. Teva nabbed deutetrabenazine in its $3.2

San Diego 62

San Diego Patents Acquisition News 62

Xconomy

JUNE 23, 2016

San Francisco-based Webpass has spent the past 13 years working to bring ultra-fast wireless Internet access to homes (primarily large apartment complexes) and businesses around the country. Barr wrote in a blog post announcing the tie-up. The terms of the deal, which Barr wrote is expected to close this summer, weren’t disclosed.

Google 45

Google San Diego Resource Blogging 45

Xconomy

SEPTEMBER 18, 2020

Gilead Sciences CEO Daniel O’Day has spoken openly about acquisitions as a way to build up the company’s drug pipeline. The $21 billion Immunomedics acquisition brings to Gilead a cancer drug that many analysts project will become a blockbuster seller. This week, it made its biggest buy yet.

Class 67

Class Acquisition LAVA San Diego 67

Xconomy

AUGUST 30, 2016

Petco, the privately held pet supplies company based in San Diego, said today it led a $10 million Series A financing in Los Angeles-based Petnet, a three-year-old startup developing technology-enabled pet feeders and pet food delivery service. The deal also reflects Petco’s expanding interests in technology following the company’s $4.6-billion

San Diego 52

San Diego Los Angeles Mobile Equity 52

Xconomy

SEPTEMBER 11, 2019

GlaxoSmithKline is acquiring a startup it helped launch in 2013 as part of an alliance with life sciences venture capital firm Avalon Ventures. Financial terms of the acquisition were. Sitari was the first of eight companies spun up through the partnership between the Southern California investment outfit and British pharma company.

Avalon 56

Avalon Invest Southern California Develop 56

Xconomy

MARCH 20, 2017

Japan’s Murata Manufacturing has acquired Arctic Sand Technologies of Burlington, MA, and plans to combine Arctic Sand’s low-power semiconductor technology with its San Diego-based subsidiary, Peregrine Semiconductor. The purchase price was $68 million, according to a Peregrine spokeswoman.

San Diego 63

San Diego Mobile Pricing Technology 63

Xconomy

AUGUST 16, 2016

An obvious place to look for help is the venture community—Bruce Booth of Atlas Ventures pointed out in a recent blog that venture capital is doing well, and is positioned to do even better in the future. Losses in over-capitalized “vintage years” over the last two decades have left institutional investors (e.g.

Product 40

Product Journal Venture Capital Demand 40

Xconomy

JANUARY 18, 2018

San Diego and San Francisco. There were a few notable absences from the list, released early today. Detroit, MI, which had high expectations as a competitor, was left out, as was Madison, WI, and most of California. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

San Diego 52

San Diego Software Development Web Incubator 52

Xconomy

SEPTEMBER 7, 2016

San Diego-based Retrophin said that its drug, sparsentan, outperformed another drug sometimes used to manage a rare kidney disease, called focal segmental glomerulosclerosis (FSGS), in a Phase 2 clinical trial. He licensed the drug from San Diego-based Ligand Pharmaceuticals (NASDAQ: LGND ) in March 2012. to $30 apiece.

San Diego 40

San Diego Pricing Study Journal 40

Xconomy

AUGUST 16, 2017

Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. As of Aug. 1, private equity firms in North America and Europe had secured $212.6

Equity 69

Equity Pricing Acquisition Report 69

Xconomy

OCTOBER 16, 2016

After raising $30 million, San Diego-based Certona said it is moving to accelerate its product development, expand its sales and marketing team, and improve its client services as an e-commerce technology vendor. We’ve been fairly capital-efficient in this fast-growth e-commerce space,” Sheik said. “It

Artificial Inteligence 40

Artificial Inteligence Commerce San Diego Web 40

Xconomy

MAY 31, 2016

The new Microsoft Ventures will seek investments that fall outside the commercial deals that the company has done more frequently in the past, writes Nagraj Kashyap, corporate vice president of Microsoft Ventures, in a blog post announcing the new effort. That forms one end of the company’s spectrum of startup activities. Peggy Johnson.

Funding 62

Funding Artificial Inteligence Cloud Computing Writing 62

Xconomy

MAY 21, 2018

billion acquisition of the Israeli specialist in autonomous navigation technology. Defining just what constitutes “safe driving” for self-driving cars was the primary focus of a presentation Shashua delivered earlier this month at the Intel Capital Global Summit. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Acquisition 49

Acquisition Capital Technology San Diego 49

Xconomy

JUNE 14, 2019

Is one of the bigger biopharma acquisitions of the year in trouble? This past week, antitrust regulators once again delayed Roche’s planned $4.8 billion buyout of gene therapy developer Spark Therapeutics (NASDAQ: ONCE ).

News 97

News Competition Acquisition Report 97

Xconomy

MARCH 6, 2020

Acquisitions would help meet that ambitious goal, and this week Gilead announced one of them: a nearly $5 billion deal for cancer immunotherapy developer Forty Seven. Last month, Gilead Sciences CEO Daniel O’Day announced plans to introduce 10 “transformative medicines” over the next 10 years.

Acquisition 84

Acquisition Help Develop Development 84

Xconomy

JANUARY 7, 2020

When a group of scientists from Amira Pharmaceuticals wanted to start a new biotech after the company’s 2011 acquisition by Bristol-Myers Squibb , Celgene provided seed funding. Eventually Celgene kicked in $35 million more for a research collaboration, an equity stake, and an exclusive option to acquire the startup, PharmAkea Therapeutics.

Seed Funding 63

Seed Funding Equity Research Acquisition 63

Xconomy

DECEMBER 27, 2018

It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. 2018 was a year of ups and downs for the business and technology community. Venture funding remained strong, but more money went to fewer (and later-stage) companies overall.

Artificial Inteligence 98

Artificial Inteligence Acquisition Technology Funding 98

Xconomy

OCTOBER 5, 2016

Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. Venture capital firms also are having no trouble raising funds. VC firms invested $14.99 billion in 1,810 U.S.

Venture Capital 86

Venture Capital Activity Report Funding 86

Xconomy

NOVEMBER 22, 2019

Bristol-Myers Squibb this week completed its acquisition of Celgene, a $74 billion deal that creates a pharmaceutical juggernaut. And all it took was the largest asset sale ever required by federal antitrust regulators.

Acquisition 69

Acquisition Sales San Diego Company 69

Xconomy

DECEMBER 20, 2019

The Federal Trade Commission made two major life sciences calls this week, dropping the hammer on one acquisition proposal that would have. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

News 52

News Acquisition San Diego Company 52

Xconomy

JULY 3, 2019

The potential acquisition, which was first reported Tuesday by Bloomberg citing anonymous sources, represents Broadcom’s continued (NASDAQ: AVGO ) interest in broadening its business beyond semiconductors.

Symantec 48

Symantec Report Acquisition Software 48