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QLogic Completes Ethernet Asset Buy From Broadcom, Chops Staff

socalTECH

Aliso Viejo-based network hardware developer QLogic said late Thursday that it has completed its acquisition of the 10/40/100Gb Ethernet controller assets from Broadcom , as well as cut staff as part of a restructuring effort related to the move. The acquisition deal had been announced in February. READ MORE>>.

Layoffs 149
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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

That keeps people from pushing themselves to develop the kind of new solutions that will permanently change the business for the better, versus short-term band-aids. Get outside the company regularly to get feedback on future customer needs, emerging technologies, and the views of influencers and experts in the field.

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Inseego Aborts MiFi Sale, Launches Major Restructuring

socalTECH

San Diego-based Inseego , the developer of the MiFi wireless hotspots, has aborted its plans to sell off its MiFi division to Chinese company TCL Industries Holdings (H.K.) Limited , and has embarked on a massive restructuring of the company. Inseego said it would immediately recommit to the Mi-Fi business. READ MORE>>.

Sales 113
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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. —The 2016 Nobel Prize for Physiology or Medicine went to Yoshinori Ohsumi of the Tokyo Institute of Technology. . —The U.S.

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Save Your Spin for Someone Who Cares

Both Sides of the Table

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Our call recovered and we spent the rest of the time talking about the development of their management team and their product. We plan to continue to use PR as an ongoing part of our customer acquisition strategy.&#.

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Turtle Beach Restructures HyperSound, Seeks Buyer

socalTECH

San Diego-based audio technology developer Turtle Beach said Monday that it is restructuring its HyperSound business, in a bid to lower the operating costs of that business. Turtle Beach is a developer of gaming headsets for the Xbox One, PlayStation 4, and other platforms. READ MORE>>.

San Diego 100
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Xconomy’s Top Innovation Stories of the Half Year

Xconomy

Jeff Buchanan goes deep with a special series on doctors-turned-entrepreneurs in health IT and other medical technologies. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. Jeff Engel maps out New England’s cluster of cybersecurity companies—one of the region’s strengths (and a rich source of acquisition targets).