socalTECH

JUNE 8, 2017

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>>.

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Sales Technical Review San Diego Acquisition 113

Xconomy

JULY 1, 2016

. —In the pink slip department, Cambridge-based Infinity Pharmaceuticals (NASDAQ: INFI ) announced 100 layoffs , more than half its workforce, after it terminated its partnership with AbbVie (NYSE: NYSE ) around the cancer drug duvelisib. Analysts wondered if the Tesaro news would push Medivation’s acquisition price higher.

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Buzzfeed News Pricing IBM 59

socalTECH

SEPTEMBER 18, 2008

San Diego-based wireless broadband technology firm NextWave Wireless said today that it has scored a new, $100M debt financing for the firm's business, and made cuts in its staff, along with hiring an investment banker. The company said the restructuring included a reduction in workforce by over 20 percent.

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San Diego Invest Sales Funding 100