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Melanoma Diagnostics Sells Genetic Marker Technology

socalTECH

Altadena-based Melanoma Diagnostics , a developer of technology for the diagnosis and prognosis of malignant melanoma using genetic markers, is in a deal to sell its technology to Myriad Genetics , a publicly traded provider of molecular diagnostics products.

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Heliogen to Go Public in $2 Billion SPAC Deal

L.A. Business Journal

Pasadena-based energy technology company Heliogen Inc. will go public through a merger with a special purpose acquisition company, or SPAC, in a deal that values the combined company at $2 billion.

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Jacobs Completes Federal Network Systems Acquisition

socalTECH

Pasadena-based Jacobs Engineering Group announced yesterday that it has completed its acquisition of Federal Network Systems (FNS), the Ashburn, Virginia systems integrator in the communications, information technology, and data security market. Financial terms of the buy were not announced. READ MORE>>.

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PayPal Completes $4 Billion Acquisition Of Honey

socalTECH

San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online. READ MORE>>.

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California Technology Ventures Gets Exit An AngioScore

socalTECH

Pasadena-based venture capital firm California Technology Ventures has scored an exit at one of its portfolio firms, selling cardiac catheter maker AngioScore , to medical device firm Spectranetics. California Technology Ventures has been an investor in AngioScore since at least 2004, as part of the company''s Series B funding.

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RayTracker Acquisition Worth $44.8M, Says Report

socalTECH

A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. in funding in RayTracker a developer of solar tracking technology. RayTracker was also based in Pasadena, but was acquired in January by solar panel firm First Solar.

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WebVisible Acquires Adapt Technologies

socalTECH

Irvine-based WebVisible announced today that it has acquired Pasadena-based Adapt Technologies, a developer of search engine marketing tools. Financial terms of the acquisition were not disclosed. in 2005.