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San Diego's Express Logic Acquired By Microsoft

socalTECH

San Diego-based Express Logic , a developer of real-time operating systems (RTOS) used heavily in industrial settings, has been acquired by Microsoft , in a bid to extend Microsoft's footprint into the real time OS arena. Financial details of the acquisition were not announced. billion deployments in devices.

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Websense, After Move From San Diego, In Acquisition Talks

socalTECH

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013. READ MORE>>.

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eBay Launches Local Shopping App In San Diego

socalTECH

eBay has launched a new, local buying and selling app called Close 5 this week in San Diego, aimed at helping users buy and sell products to other local users. The new app comes thanks to eBay''s recent acquisition of Rumgr, which was developing social selling apps very similar to Close 5. READ MORE>>.

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K1 Investment Management Sells San Diego's FMG Suite

socalTECH

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

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Bose Develops Prototype “Sleepbuds” After Buying San Diego Startup

Xconomy

Bose , the privately held maker of headphones, loudspeakers, and other electronics for audiophiles, has acquired Hush, a San Diego startup founded by three undergraduate engineering students to develop “smart” noise-masking earbuds designed to help users sleep. Lee did not reveal.

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Amylin Pharmaceuticals To Shut San Diego Operations

socalTECH

However, it looks like the acquisition of San Diego''s Amylin Pharmaceuticals by Bristol-Myers Squibb is turning out not-so-great for employees in the location, after news that Bristol-Myers Squibb plans to close its San Diego operations , resulting in the loss of hundreds of jobs.

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Ascent Funding Targets Coding Bootcamps With Skills Fund Acquisition

socalTECH

San Diego-based Ascent Funding, a provider of student loans, says it is targeting the coding bootcamp market, with a new set of loans for those programs. Financial details of that acquisition were not given. The company said it is aiming to provde those loans to underserved students to give them access to higher education.