Xconomy

AUGUST 26, 2020

Acadia Pharmaceuticals has acquired Texas biotech CerSci Therapeutics, a privately held company with a clinical-stage molecule under evaluation as a potential therapy for post-surgical and nerve pain. The San Diego-based company splashed out $52.5 The San Diego-based company splashed out $52.5

San Diego 102

San Diego Acquisition Sales Develop 102

Xconomy

SEPTEMBER 19, 2016

Not long after ViaSat (NASDAQ: VSAT ) acquired San Diego-based LonoCloud in 2013 , former LonoCloud executives Tom Caldwell and Hossein Eslambolchi met for coffee at the Specialty’s Café and Bakery in University City. Webroot also plans to expand in San Diego, and Caldwell said he plans to stay on.

San Diego 40

San Diego Artificial Inteligence Universal City Chief Technology Officer 40

Xconomy

SEPTEMBER 15, 2016

The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County. Software startups made up nearly 63 percent (255 companies created) of all new high-tech ventures created in 2015, a trend fueled chiefly by software app development, according to the report.

San Diego 40

San Diego Report High Tech Study 40

Xconomy

MAY 20, 2019

Yet another new biotech company has been founded in San Diego by serial entrepreneur Mike Grey and other alumni of rare disease startup Lumena Pharmaceuticals. Grey, who was president and CEO of Lumuna from 2011 through its 2014 acquisition by Irish drugmaker Shire (now part of Japan’s Takeda Pharmaceutical.

San Diego 88

San Diego Acquisition Entrepreneur Startup 88

socalTECH

SEPTEMBER 20, 2010

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

Xconomy

DECEMBER 3, 2018

The acquisition, which is expected to close by the end of March 2019, continues San Diego-based ResMed’s (NYSE: RMD ) “connected healthcare” push that began about five years ago, as Xconomy chronicled last year. [ Updated 12/3/18, 3:30 pm, with CEO comments.

San Diego 93

San Diego Acquisition Capital Help 93

Xconomy

JANUARY 2, 2020

The deal foundered about 14 months after the companies first announced the plan to combine businesses. San Diego-based Illumina (NASDAQ: ILMN ), which has built its business around what’s known as short-read sequencing, argued the acquisition would accelerate innovation in the field.

San Diego 63

San Diego Acquisition Company Companies 63

Xconomy

JULY 3, 2019

Joseph Health, a Renton, WA-based organization that operates 51 hospitals and 829 clinics across five US states, announced its latest strategic, IT-focused acquisition last week. Providence St.

Acquisition 67

Acquisition Organization Networking Software 67

Xconomy

OCTOBER 10, 2018

Ligand Pharmaceuticals said Wednesday that its acquisition of U.K.-based million deal netted the San Diego company eight partner programs and a 70-person R&D team in Cambridge, England, plus about $32 million in cash after deal costs. based biotech Vernalis has closed.

San Diego 63

San Diego .Net Acquisition Platform 63

Xconomy

AUGUST 11, 2020

Ligand Pharmaceuticals plans to acquire recombinant protein therapeutics maker Pfenex for $438 million, the companies announced Monday. The larger company agreed to pay $12 per share for Pfenex (NYSE American: PFNX )—a 57 percent premium to its closing price Monday. The company reported revenues of about $120.3

San Diego 98

San Diego Technology Research Pricing 98

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

JANUARY 28, 2020

Two privately held biotechs on Tuesday announced plans for reverse mergers, transactions that provide a faster route to go public than a conventional IPO and also give struggling public companies a chance to recoup some value for their shareholders.

San Diego 63

San Diego Marketing Company Companies 63

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. Turn off the bedroom lights? How about contraception?

San Diego 110

San Diego Design Activity Company 110

Xconomy

NOVEMBER 5, 2018

San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday. Medical device maker ResMed has agreed to acquire Minnesota-based MatrixCare, which makes software for long-term care providers, for $750 million.

Software 89

Software Acquisition .Net Pricing 89

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

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

FEBRUARY 6, 2018

Walmart’s tech incubator in Silicon Valley, Store No 8, has acquired Spatialand , a virtual reality software firm, as its third portfolio company. Venice, CA-based Spatialand worked with Walmart on a project last year, an experience that led to the acquisition, according to the blog post. Read more » Reprints | Share:

Venice 64

Venice Incubator Blogging Commerce 64

Xconomy

FEBRUARY 26, 2020

About three years ago fledgling San Diego-based startup PvP Biologics announced a $35 million deal with Takeda Pharmaceutical that gave the Japan pharma giant rights to acquire the company down the line. That day is here.

San Diego 72

San Diego Study Develop Development 72

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. The company’s last VC round in early 2014 raised $7 million.

Venture Capital 59

Venture Capital Santa Monica San Diego Coach 59

Xconomy

NOVEMBER 30, 2018

Elliott Management, a New York-based activist hedge fund, has had San Diego-based Mitek Systems in its crosshairs for months. The prospective. Read more » Reprints | Share:

Press 60

Press San Diego Funding Technology 60

Xconomy

FEBRUARY 11, 2019

Francisco Partners, a San Francisco-based private equity firm, said Monday it has acquired Qualcomm Life, a subsidiary of the San Diego chipmaker that focuses on connecting medical devices to software applications installed at hospitals and other healthcare organizations.

San Diego 86

San Diego Equity Organization Software 86

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

JANUARY 24, 2019

DeskHub, one of San Diego’s oldest co-working companies, has about 500 members across two locations: a 23,000-square-foot space in Little Italy and about 15,000 square feet of space in Scottsdale, AZ. Cross Campus has a total of about 185,000 square feet across the Los Angeles area and about 2,500 members.

Company 72

Company Companies Los Angeles Report 72

Xconomy

OCTOBER 23, 2018

Joseph Limber became the CEO of the company. Limber previously held roles at Prometheus Pharmaceuticals in San Diego, which sold to Nestlé Health Science, and Gradalis, a Dallas-based life sciences startup. Genoptix specializes in hematology. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

San Diego 83

San Diego Capital Invest Startup 83

Xconomy

AUGUST 15, 2018

Best Buy is paying $800 million in cash for GreatCall, a San Diego-based healthtech company which private equity firm GTCR bought early last year. The company also sells gadgets, such as mobile devices with large screens and big buttons, wearables that can work with those devices, and emergency alert products.

San Diego 68

San Diego Screening Equity Mobile 68

Xconomy

JANUARY 13, 2020

The genetic testing company NeoGenomics has acquired Human Longevity’s Oncology Division, which provides next-generation sequencing services.

San Diego 63

San Diego Outsource Development Services Develop 63

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

MAY 8, 2018

Today, the San Diego software-as-a-service company says it has agreed to acquire the Chicago-based Savo Group , a Seismic competitor in a still-emerging field known as “sales enablement” software, and one of the first companies in the field.

Sales 70

Sales Software San Diego Web 70

Xconomy

DECEMBER 10, 2018

ASG Technologies, the Florida-based software company backed by activist hedge fund Elliott Management, has upped its offer for San Diego’s Mitek Systems to $11.50 26 letter the Florida-based software company made public Monday. per share from $10 apiece. That’s according to a Nov.

Pricing 43

Pricing Acquisition News Software 43

Xconomy

DECEMBER 5, 2016

Software AG, a German software giant with 4,300 employees, has acquired San Diego-based Zementis, a specialist in machine learning and data science. Financial terms of the deal were not disclosed, according to a statement Friday, after the acquisition closed last week.

Artificial Inteligence 40

Artificial Inteligence Software Tool San Diego 40

Xconomy

JUNE 7, 2017

See below. ] Dallas —Dallas-based aviation startup Rise has been acquired by Surf Air, a California airline membership company. Rise founder Nick Kennedy will remain with the company as president of the Texas region. Terms of the deal were not disclosed.

Company 75

Company Companies Networking Customer 75

Xconomy

JULY 7, 2016

Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today.

Sales 40

Sales San Diego .Net Report 40

Xconomy

OCTOBER 23, 2017

Things have been moving quickly in recent weeks for the San Diego RNA drug developer Arcturus Therapeutics. After initiating a reverse merger last month, Arcturus signed a research collaboration and worldwide licensing agreement with Janssen Pharmaceuticals, part of the Johnson & Johnson (NYSE: JNJ ) family of companies.

Arcturus 65

Arcturus San Diego Research Develop 65

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

MAY 17, 2018

San Antonio —Cloud computing giant Rackspace has acquired a company that helps other businesses implement and use the Salesforce software. The deal expands Rackspace’s focus on helping companies use software and computing services, including those of previous competitors.

Customer 54

Customer Custom Cloud Computing San Diego 54

Xconomy

FEBRUARY 4, 2019

Battery-technology business Maxwell Technologies has agreed to be acquired by Silicon Valley electric car company Tesla (NASDAQ: TSLA ) in an all-stock deal valued at about $218 million, the San Diego-based company announced Monday. Maxwell (NASDAQ: MXWL ) said Palo Alto, CA-based Tesla would buy its shares at $4.75

Technology 46

Technology San Diego Pricing News 46

Xconomy

MARCH 11, 2018

After learning that Proper Media , a San Diego specialist in programmatic digital advertising had acquired Spoutable, it took a couple weeks to catch up with Spoutable CEO Jon Belmonte and ask: What happened to Cursive Labs? As Belmonte explained in 2015, “In a venture studio, you’re building your own companies.

Media 55

Media San Diego Equity Advertising 55