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.

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Southern California SoCal Pasadena Startup 113

Xconomy

MAY 8, 2020

Alexion Pharmacueticals CEO Ludwig Hantson has made no secret that he wants to diversify his company’s drug portfolio and he has shown willingness to open the corporate checkbook to accomplish that goal.

Acquisition 68

Acquisition Sales Product San Diego 68

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. Lucier is also making a “substantial” investment in Corza, according to a statement from GTCR on Wednesday. billion Fund XII.

San Diego 62

San Diego Equity Invest Funding 62

Xconomy

OCTOBER 27, 2016

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. Just 10 percent of corporate investments were made to build new technological capabilities, the report says.

Venture Capital 40

Venture Capital Pricing Invest Report 40

Xconomy

MAY 8, 2017

Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Venture Capital 77

Venture Capital Capital Technology News 77

Xconomy

JANUARY 24, 2017

After taking over roughly six months ago, StockTwits CEO Ian Rosen made one of his first strategic moves with last week’s acquisition of SparkFin , a San Diego-based fintech app that provides novices with information on investing.

Social Media 28

Social Media San Diego Yahoo Google 28

Xconomy

AUGUST 8, 2016

It’s been less than a year since Needham, MA-based PTC (NASDAQ: PTC ) shelled out $65 million to acquire Vuforia, the augmented reality technology created by San Diego-based Qualcomm (NASDAQ: QCOM ). Vuforia’s headquarters has remained in San Diego, and Vuforia continues to operate four offices in Europe and Israel, Wright said.

San Diego 40

San Diego Mobile Examples .Net 40

Xconomy

MAY 31, 2016

Microsoft plans to invest more in early stage startup companies through a new corporate venture fund, headed by former Qualcomm executives. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes. That forms one end of the company’s spectrum of startup activities.

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Xconomy

JULY 26, 2018

Instead, San Diego-based Qualcomm said it plans to repurchase $30 billion of shareholder stock. The lack of approval from the Chinese government was not taken well in the U.S., with speculation that it was related to the escalating trade feud between the two countries.

San Diego 57

San Diego Commerce Web Blogging 57

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

MARCH 16, 2018

There’s never a dull moment these days at Building N, the San Diego headquarters of Qualcomm (NASDAQ: QCOM ), the wireless technology giant and the world’s biggest maker of the advanced components used in smartphones. [ Updated 3/16/18 3:30 pm. Updated with Qualcomm board announcement. ]

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San Diego Develop Development Technology 45

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. Yet despite relative plenty in the bio-venture community, pharma suffers from a shortage of drug candidates.

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Product Journal Venture Capital Demand 40

Xconomy

OCTOBER 5, 2016

VC firms invested $14.99 billion that was invested in 2,559 deals (2,545 companies) in the third quarter of 2015. Despite the slowdown in venture dollars and deal flow, 2016 is still on pace—with roughly $56 billion invested in 5,997 deals so far this year—to end the year with more than $70 billion invested nationwide.

Venture Capital 86

Venture Capital Activity Report Funding 86

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

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

FEBRUARY 28, 2018

The two biggest acquisitions were Whole Foods last year and Zappos in 2009, according to Statista.) The purchase was first reported by Geekwire, which cited a separate report from Reuters that the deal is valued at about $1 billion. That would make Amazon’s purchase of Ring the third largest in the Seattle e-commerce giant’s history.

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Santa Monica Commerce Report Acquisition 62

Xconomy

JULY 21, 2016

Shares have since eroded significantly, but Biogen has restructured and cut a number of jobs to support its risk-heavy investments, halting preclinical work in immunology and fibrosis. Biogen has been very deliberate in its dealmaking, reluctant to make a big splash with a large acquisition.

San Diego 40

San Diego Conference Pricing Acquisition 40

SoCal Delicious

AUGUST 28, 2012

Acquisition. Just this year, Q2 investments in SoCal and New England were virtually the same, with $838 million and $843 million invested respectively, according to PricewaterhouseCoopers MoneyTree Report. The San Diego-based company is one of 53 California companies ranked on the Fortune 500, 22 of which are SoCal companies.

Southern California 57

Southern California PHP Technical Review Orange County 57

Xconomy

APRIL 9, 2018

billion that VCs invested in the first quarter of 2017. billion that PitchBook counted in the first quarter was a third higher than the $21.3 billion that VCs deployed in the previous quarter and two-thirds more than the $16.9 The venture deal count, however, is another matter altogether. The 1,683 venture deals that.

Venture Capital 74

Venture Capital Funding Capital Report 74

Xconomy

MARCH 20, 2018

Mythic, based in both Redwood City, CA, and Austin, TX, is one of the upstart companies benefiting from a surge of investing in the chip-making field, where the growing computational demands due to the use of AI are creating an opening for young entrepreneurs with out-of-the-box ideas.

Artificial Inteligence 77

Artificial Inteligence Technical Review Venture Capital Software Review 77

Xconomy

DECEMBER 10, 2017

But car companies are fighting to keep pace by becoming more nimble and collaborative, investing in autonomous technology partnerships with companies both large and small. In fact, many. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Google 77

Google Artificial Inteligence Invest Technology 77

Xconomy

APRIL 4, 2018

The advent of big fundraising rounds for startup chip innovators—a class shunned by most venture capital firms only a few years ago—seems to mark a turnaround in recent VC attitudes about semiconductor investments.

Artificial Inteligence 69

Artificial Inteligence Venture Capital Class Capital 69

Xconomy

MAY 4, 2017

In a survey of 29 Silicon Valley venture capitalists in December, the VCs mulled whether President-elect Donald Trump would buoy up their investment prospects with lower corporate taxes and government regulations, or worsen conditions by heightening global political instability and raising the risk of a major military conflict or economic downturn.

Venture Capital 65

Venture Capital Invest Allegis Artificial Inteligence 65

Xconomy

JULY 1, 2016

AgTech Accelerator Aims to Sway Agriculture Investment Trends. Jeff Engel maps out New England’s cluster of cybersecurity companies—one of the region’s strengths (and a rich source of acquisition targets). Frank Vinluan reports from North Carolina on a new effort to boost agtech startups and university research.

Artificial Inteligence 40

Artificial Inteligence Layoffs Report Startup 40

Xconomy

MAY 24, 2019

Patients, doctors, family members, and drug-price watchdogs continued to wait for the expected approval of Zolgensma , a Novartis (NYSE: NVS ) gene therapy for the rare inherited disease spinal muscular atrophy. Originally developed at a children’s hospital in Ohio , Zolgensma will be a litmus test for the nascent field.

Pricing 86

Pricing Marketing Develop Development 86

Xconomy

AUGUST 30, 2019

You might be camping, barbecuing, or sleeping on Monday. It’s Labor Day, after all. But in Paris, this cardiologist will be in a conference center, walking an audience through a slide deck packed with Phase 3 data for a new cholesterol-lowering drug, inclisiran. Inclisiran’s owner, the Medicines Co.,

Slides 80

Slides Conference Venture Capital San Diego 80

Xconomy

OCTOBER 18, 2016

They are on more solid footing than they were, but there’s no such thing as solid footing in this industry,” says Rajeev Shah, a managing director at biotech investment firm RA Capital, which had been a Vertex investor but no longer is. Has Vertex has learned from its past missteps?

Startup 40

Startup Research Sales Organization 40

Xconomy

AUGUST 12, 2016

Celgene paid Acetylon $100 million in 2013 for an option to buy the company outright, but the deal recently expired without an acquisition, leaving Acetylon to chart a new course. . —Option-to-buy deals are by definition no guarantee, and an agreement between Boston-based Acetylon Pharmaceuticals and Celgene is the latest example.

Google 40

Google Technical Review News Research 40

Xconomy

JUNE 7, 2019

As the American Society of Clinical Oncology meeting wrapped up in Chicago, the annual BIO conference kicked off in Philadelphia, and a deep dive into diabetes begins today in San Francisco. Welcome to conference week. That’s not an official moniker, but is there any busier time on the biopharma calendar?

Conference 65

Conference Venture Capital San Diego Research 65

Xconomy

APRIL 6, 2018

Happy Friday, everyone. We’ll start this week with biotech deals, one featuring a couple of CAR-T heavyweights who have re-emerged after selling Kite Pharma for $12 billion.

Study 55

Study Pricing Conference Marketing 55

Xconomy

SEPTEMBER 29, 2016

The Partnership on AI , formally unveiled Wednesday, includes Amazon, Microsoft, Facebook, IBM, Google and its 2014 acquisition DeepMind. Each company is investing untold billions of dollars in developing AI technologies, betting on a future defined by computer systems that can perceive, reason, advise, and decide.

Artificial Inteligence 40

Artificial Inteligence Technical Review Technical Advisors Research 40

Xconomy

APRIL 20, 2018

The biggest news this week was in oncology, hands down. Merck showed that its immunotherapy pembrolizumab (Keytruda) might become a common option for many patients newly diagnosed with advanced lung cancer, but the bigger picture is that the field is moving fast.

Pricing 52

Pricing News Report Develop 52

Xconomy

JANUARY 26, 2018

The United States has a new Health and Human Services chief who is expected to weigh in on the country’s drug-pricing debate. But how Alex Azar, a former pharma executive at Eli Lilly (NYSE: LLY ), plans to throw his weight around remains to be seen.

Pricing 49

Pricing News Services San Diego 49

Xconomy

JULY 5, 2018

Boston Scientific is adding on to its heart rhythm management business again, this time with a deal to acquire atrial fibrillation device startup Cryterion Medical for $202 million. The cash payment covers the 65 percent of Cryterion that the Marlborough, MA, medical device giant does not already own.

Southern California 49

Southern California Startup San Diego Blogging 49

Xconomy

AUGUST 11, 2017

With President Trump holed up in New Jersey, rattling his saber at Kim Jong-un and Mitch McConnell and ignoring his own commission’s advice on the opioid crisis, there was still life sciences news from the nation’s capital.

Pricing 52

Pricing News Report Competition 52

Xconomy

MARCH 12, 2018

In a surprising statement late today from the White House, President Donald Trump unilaterally prohibited Broadcom’s proposed takeover of Qualcomm (NASDAQ: QCOM ), the world’s biggest maker of chips for smartphones.

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Pricing Report San Diego Company 45