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AddToAny , the developer of WordPress and Drupal social sharing plug-ins which got its start at UC SanDiego, is back as an independent firm, according to the company''s founder, Pat Diven II. Financial details of the acquisition were not announced. READ MORE>>.
In a blog post , Brisco said that the firm decided to become a private firm again, because it would be a "good deal" for shareholders, and also said it could become "even more focused" on long-term growth. Tags: internet brands growth merger acquisition private. Internet Brands had gone public just three years ago. READ MORE>>.
That company was Syrrx, a private SanDiego-based biotech that used X-ray crystallography to help determine the structures of disease-related molecules so drugs could be designed to target them. In 2005, Japan’s big drug firm Takeda acquired a company in North America for the first time.
ServiceNow (NYSE: NOW ), the Santa Clara, CA-based giant that provides cloud-based IT services, is boosting its emphasis on human-centered design with its acquisition of Telepathy , a SanDiego specialist in customer experience and design. Financial terms of the deal were not disclosed.
Bose , the privately held maker of headphones, loudspeakers, and other electronics for audiophiles, has acquired Hush, a SanDiego startup founded by three undergraduate engineering students to develop “smart” noise-masking earbuds designed to help users sleep. Lee did not reveal.
SanDiego-based Websense said Tuesday that it has acquired Defensio, a provider of technology for dealing with spam on social networking and Web 2.0 Financial terms of the acquisition were not announced. Defensio's tools are used to stop comment spam in blogs. READ MORE>>.
SanDiego is one of two metropolitan areas in which ride-hailing giant Uber has reformatted its mobile app to make it simpler for users to rent an electric bicycle or scooter. Uber also facilitated e-scooter rentals from Lime, a mobility company in which Uber has invested and, at times, been rumored to be considering for acquisition.)
The acquisition of privately held HB Healthcare comes less than a year after the South Korean’s national healthcare system began offering reimbursement for sleep apnea diagnosis and ventilation devices for. —ResMed (NYSE: RMD ) acquired a South Korea-based medical equipment provider, the company said Friday.
The SanDiego-based genomics giant (NASDAQ: ILMN ) dominates the market when it comes to technology for sequencing, or “reading,” the genetic code. PacBio (NASDAQ: PACB ) is an attractive acquisition target because of its prowess with.
As Qualcomm (NASDAQ: QCOM ) prepares for its annual shareholders meeting Tuesday, March 6, its takeover battle with Broadcom (NASDAQ: BRCM ), has much of SanDiego pondering a question reminiscent of a Joni Mitchell song: “Oh, don’t it always seem to go, that you don’t know what you’ve got ’til it’s gone?”
Exact Sciences has gone from being a customer of Biomatrica, a SanDiego-based vendor of equipment for storing and preserving blood and saliva samples, to now being the company’s owner.
Nevertheless, Xconomy recently brought together some of SanDiego’s most prominent life sciences leaders to offer their vision for what the regional biotech cluster will be like in five years. They broadly agreed that SanDiego has proven itself as a great seedbed for life sciences startups. billion), CareFusion ($14.4
The SanDiego-based company splashed out $52.5 The SanDiego-based company splashed out $52.5 The acquisition adds a new element to the Acadia Pharmaceuticals (NASDAQ: ACAD ) pipeline, the centerpiece of which is pimavanserin (Nuplazid), the drug the. million on the buyout, a cash-and-stock deal—$47.2
billion acquisition of SanDiego’s Receptos. Celgene said Monday it has again sent the FDA an application for approval of ozanimod, an experimental multiple sclerosis drug it added to its pipeline in 2015 as part of its $7.2 The FDA’s response then came in the form of a “refusal to file” letter.
Yet another new biotech company has been founded in SanDiego 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.
The acquisition, which is expected to close by the end of March 2019, continues SanDiego-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.
Dayton, OH-based Teradata (NYSE: TDC ), which has roughly 1,000 employees at its Teradata Labs engineering unit in SanDiego, says today it has acquired StackIQ, a six-year-old startup near SanDiego that specializes in software used to automate datacenters in the cloud. Financial terms of the deal were not disclosed.
Not long after ViaSat (NASDAQ: VSAT ) acquired SanDiego-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 SanDiego, and Caldwell said he plans to stay on.
Two financial firms are betting on a nonprofit incubator program in SanDiego in hopes of identifying top talent and potential targets for investment or acquisition. Financial firms are facing competition from legacy players and disruptive fintech startups as technology continues to reshape the heavily regulated industry.
The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in SanDiego County. Innovation Companies in SanDiego (Courtesy Connect Innovation Report).
Advancing new forms of birth control is a central focus at Daré Bioscience (NASDAQ: DARE ), a SanDiego-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?
Eight years after SanDiego biotech Prometheus Laboratories was acquired by Nestlé Health Science , the diagnostic business has been sold again, this time to a little-known biotech called Precision IBD that plans to lay off approximately a quarter of Prometheus’s workforce.
SanDiego’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.
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.
SanDiego-based Ligand (NASDAQ: LGND ) generates revenue from licensing deals and royalties paid by pharmaceutical companies that use technologies it develops or acquires for their own drug research. Ligand Pharmaceuticals plans to acquire recombinant protein therapeutics maker Pfenex for $438 million, the companies announced Monday.
Under the deal terms announced after the market close Tuesday, SanDiego-based Zavante received an upfront payment of 8.2 Nabriva Therapeutics has acquired Zavante Therapeutics in a stock deal that brings to the antibiotics developer an FDA-ready drug. million Nabriva (NASDAQ: NBRV ) shares.
LendingPoint , an online provider of direct loans to consumers, has acquired LoanHero , the SanDiego 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.
Ligand Pharmaceuticals said Wednesday that its acquisition of U.K.-based million deal netted the SanDiego 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.
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.
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 SanDiego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.
TechCrunch ran my article yesterday as a guest post but I wanted to have a copy here for anybody who missed it and for future readers of this blog. I flew from SanDiego (where I was visiting for Thanksgiving) to New York to persuade investors to stick with us. My family went without me. I was on top of the world again.
SanDiego-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. billion proposal to acquire long-read capability by buying rival Pacific Biosciences ended Thursday following challenges from antitrust regulators.
Lymber was barely a year old when Mindbody (NASDAQ: MB ) announced recently that it acquired the SanDiego mobile app developer. Lymber, named as a 2017 Xconomy SanDiego startup to watch , has developed a technology platform that enables mobile users to book openings in fitness and wellness classes.
While much of the focus in using VR has been on gaming and entertainment, “virtual reality has the potential to reinvent the consumer experience—with an experience we call contextual commerce,” according to a Store No 8 blog post Monday by Katie Finnegan, Walmart’s vice president of incubation and principal and founder of Store No 8.
The software of Portfolium, a SanDiego 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.
Ad-Juster, a SanDiego 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.
Francisco Partners, a San Francisco-based private equity firm, said Monday it has acquired Qualcomm Life, a subsidiary of the SanDiego chipmaker that focuses on connecting medical devices to software applications installed at hospitals and other healthcare organizations.
Limber previously held roles at Prometheus Pharmaceuticals in SanDiego, which sold to Nestlé Health Science, and Gradalis, a Dallas-based life sciences startup. Joseph Limber became the CEO of the company. Genoptix specializes in hematology. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
SanDiego-based TakeLessons set out nine years ago to create a Web-based platform that helped match music students with qualified instructors. Now TakeLessons has completed another acquisition, buying Chromatik, a Santa Monica, CA-based provider of digital sheet music.
Carlsmed, a SanDiego-based medical technology company that’s developing personalized spinal implants, has merged with Precisive Surgical, a spine imaging system startup in Seattle.
With the Bio-IT World Conference opening today in Boston, SanDiego-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.
SanDiego regenerative medicine company Histogen announced an agreement to gain a Nasdaq listing through a merger with Conatus Pharmaceuticals (NASDAQ: CNAT ).
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:
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.
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