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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

When people talk today about buying food, alongside traditional grocery stores and other physical food markets, they increasingly talk about grocery delivery companies, restaurant delivery platforms, meal kit services and more that make or provide food to people by way of apps. ” I don’t doubt that he means it.

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SAIC Acquires CloudShield Technologies

socalTECH

San Diego-based SAIC said today that it is in a definitive agreement to acquired CloudShield Technologies , a provider of information security products. Terms of the acquisition were not disclosed. federal government and commercial markets. federal government and commercial markets.

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Novatel Wireless Buys Enfora

socalTECH

San Diego-based Novatel Wireless , the developer of wireless broadband modems for connecting PCs to cell phone networks, said today that it is in a definitive agreement to acuiqre Enfora , a developer of wireless, machine-to-machine (M2M) communications products. The deal is worth approximately $64.5M READ MORE>>.

San Diego 133
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Genoptix Acquired By Novartis For $470M

socalTECH

San Diego-based Genoptix , a publicly held provider of laboratory services to the hematology and oncology market, said this morning that it is in a definitive merger agreement to be acquired by Novartis. According to Genoptix, the deal is worht $25.00 on Friday.

San Diego 157
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Qualcomm Acquires Atheros For $3.1 Billion

socalTECH

San Diego-based Qualcomm said this morning that it is in a definitive agreement to buy Atheros Communications , in a deal worth $3.1 Qualcomm said it would pay $45 per share in cash for Atheros, in an effort to accelerate the expansion of its technologies and platforms beyond the cellular market. READ MORE>>.

San Diego 133
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Interview with Marc Averitt and Sharon Stevenson, Okapi Ventures

socalTECH

We were literally on the cusp of launching our prpoduct, and all of our work and money to date had gone into getting the innovative technology out of Caltech, exploring the marketplace, and making sure the product features matched with the demand of the market, which it clearly did. Is there a market? Sharon Stevenson: That's correct.

Startup 185
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Success, Santa Barbara Style: Patagonian Sexwax With A Side Order of UGGS

InfoChachkie

When you can live where you want to live and make money doing what you love to do, you are, by my definition, a screaming success. billion dollar acquisition by LinkedIn to Bessemer’s substantial investment in ProCore , AppFolio ’s recent IPO filing and Sonos ’ $130 million secondary, the Santa Barbara tech scene is unquestionably on fire.