San Diego Life Sciences Roundup: ResMed, Alexandria GradLabs & More

Xconomy

Spring has sprung, and it’s shaping up to be another busy season for San Diego’s life sciences community. The acquisition of privately held HB Healthcare comes less than a year after the South Korean’s national healthcare system began offering reimbursement for sleep apnea diagnosis and ventilation devices for.

Tesla Buys San Diego's Maxwell Technologies For Energy Storage Tech

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Tesla Motors , the electric car-and-solar panel company led by Elon Musk, is acquiring San Diego-based technology developer Maxwell Technologies , in a deal worth approximately $218M, the companies announced on Monday. cleantech acquisition merger musk elon storage energy technologies maxwell motors tesla

San Diego’s DeskHub Snapped Up by Co-Working Company Cross Campus

Xconomy

DeskHub, one of San Diego’s oldest co-working companies, has about 500 members across two locations: a 23,000-square-foot space in Little Italy and about 15,000 square feet of space in Scottsdale, AZ.

Viracta, Neurelis & More: The Latest in San Diego Biotech

Xconomy

Even as all eyes were on the American Society of Hematology (ASH) conference in downtown San Diego this week, other biotech companies were staying busy. Let’s get caught up with the latest life sciences news in San Diego. The San Diego biotech is developing therapies for cancers related to the Epstein-Barr virus.

Exact Sciences Acquires San Diego Lab Equipment Supplier Biomatrica

Xconomy

Exact Sciences has gone from being a customer of Biomatrica, a San Diego-based vendor of equipment for storing and preserving blood and saliva samples, to now being the company’s owner.

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.

ServiceNow Buys San Diego Specialist in Customer Experience, Design

Xconomy

ServiceNow (NYSE: NOW ), the Santa Clara, CA-based giant that provides cloud-based IT services, is boosting its emphasis on human-centered design with its acquisition of Telepathy , a San Diego specialist in customer experience and design. Read more » Reprints | Share: National blog main National top stories San Diego San Diego blog main San Diego top stories San Francisco blog main buyouts C.J.

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

San Diego’s innovation clusters continued to grow in 2015, as local startups, funding deals, and job growth extended an economic growth spurt that began in 2013. Innovation Companies in San Diego (Courtesy Connect Innovation Report).

Websense, After Move From San Diego, In Acquisition Talks

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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. Vista Equity moved Websense--and more than 470 jobs from San Diego--to Austin, Texas last year, in a high profile loss for San Diego''s technology industry.

RelationEdge, Based In San Diego, Acquired By Rackspace

socalTECH

San Diego-based RelationEdge , a provider of Salesforce consulting and digital agency services, has been acquired by cloud service company Rackspace , Rackspace said on Thursday afternoon. Financial details of the acquisition were not announced. Rackspace said the acquisition will help it broaden its application services portfolio, including adding implementation and managed services for SaaS applications RelationEdge was founded in 2013, and now has 125 employees.

Xavient Digital Plans To Hire 250 Across LA, San Diego

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Simi Valley-based Xavient Digital , a provider of IT solutions and software services, said it is in a major hiring push in the region, and plans to hire 250 people in the next few months in Los Angeles, San Diego, as well as other locations across the US. Xavient Digital said the hiring comes as a result of its acquisition by customer service provider TELUS International. xavient information systems telus merger acquisition hiring jobs employment services

Colorado’s Webroot Buys CyberFlow Analytics, Expands in San Diego

Xconomy

Not long after ViaSat (NASDAQ: VSAT ) acquired San Diego-based LonoCloud in 2013 , former LonoCloud executives Tom Caldwell and Hossein Eslambolchi met for coffee at the Specialty’s Café and Bakery in University City. Webroot also plans to expand in San Diego, and Caldwell said he plans to stay on. San Diego represents a major growth area for Webroot. The San Diego office is going to become one of Webroot’s centers of analytic software, Nye added.

Teradata Acquires San Diego’s StackIQ to Strengthen Cloud Business

Xconomy

Dayton, OH-based Teradata (NYSE: TDC ), which has roughly 1,000 employees at its Teradata Labs engineering unit in San Diego, says today it has acquired StackIQ, a six-year-old startup near San Diego that specializes in software used to automate datacenters in the cloud. But reading between the lines, the acquisition has Oliver Ratzesberger’s fingerprints all over it.

A Need for Speed: Illumina Acquires San Diego’s Edico Genome

Xconomy

With the Bio-IT World Conference opening today in Boston, San Diego-based Illumina (NASDAQ: [[ticker:ILMN) said it has acquired Edico Genome, a five-year-old startup with technology to accelerate the readout of next-generation sequencing data.

eBay Launches Local Shopping App In San Diego

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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. eBay said the app offers up user profiles and is a safer option to traditional, anonymous classifieds. The free app runs on iPhone and Android.

Amylin Pharmaceuticals To Shut San Diego Operations

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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. The move was first reported by the U-T San Diego. amylin pharmaceuticals diego biotech lifescienec employee jobs layoff

Lockerz Axes Plixi Team In San Diego

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Lockerz , the Seattle-based social shopping and e-commerce site backed by Kleiner Perkins Caufield & Byers, has axed the company's San Diego office, in addition to laying off around 30 percent of its staff. Lockerz' San Diego team came from the January, 2011 acquisition of Plixi, which was formerly known as TweetPhoto, which developed software and services which allowed Twitter users to share photos.

San Diego Life Sciences 2022: Photos and Takeaways

Xconomy

Nevertheless, Xconomy recently brought together some of San Diego’s most prominent life sciences leaders to offer their vision for what the regional biotech cluster will be like in five years. They broadly agreed that San Diego has proven itself as a great seedbed for life sciences startups. View the Slideshow Making predictions can be a tricky business.

San Diego Faces Its Future as a Tech Hub Without Qualcomm as Anchor

Xconomy

As Qualcomm (NASDAQ: QCOM ) prepares for its annual shareholders meeting Tuesday, March 6, its takeover battle with Broadcom (NASDAQ: BRCM ), has much of San Diego pondering a question reminiscent of a Joni Mitchell song: “Oh, don’t it always seem to go, that you don’t know what you’ve got ’til it’s gone?”

San Diego's TriTech Rolled Up Into Superion By Vista Equity, Bain Capital

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San Diego-based software developer TriTech , a developer of public safety software for 911 dispatching, crime mapping, emergency medical services, and other related areas, has been rolled into single company with another two companies, Superion and Aptean. tritech merger acquisition superion public safety software private equity vista bain

Lasergen, With Office In San Diego, Acquired By Agilent For $105M

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Lasergen , a startup developing technology for the DNA sequencing market--and which has an office in San Diego--has been acquired by Agilent Technologies for $105M, the two said late Tuesday. Lasergen was founded in 2002, and had its headquarters in Houston, with another location in San Diego: the company has 45 employees. lifescience biotech sequencing acquisition merger agilent diego lasergen

Report: San Diego News Network Seeks Buyer

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A report last night from the San Diego Union Tribune says that San Diego News Network (SDNN), the local news effort run by entrepreneurs Neil Senturia and Barbara Bry, is looking for a buyer. According to the San Diego Union Tribune, SDNN has let go of some of its staff, but is still updating the site. SDNN is run by former executives of the San Diego Union Tribune. Tags: diego news network media content merger acquisition

ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday. Medical device maker ResMed has agreed to acquire Minnesota-based MatrixCare, which makes software for long-term care providers, for $750 million.

Under New Ownership, San Diego’s Ad-Juster Names Dennis Clerke CEO

Xconomy

Ad-Juster, a San Diego adtech startup acquired earlier this year by the investment arm of China’s Innotech International Group, Wednesday named local software entrepreneur Dennis Clerke as CEO. Clerke (a San Diego Xconomist) was previously the CEO of Sunnyvale, CA-based NetSeer, an adtech acquired in February by Inuvo (NYSE: INUV , an advertising technology and digital publishing company based in Little Rock, AR.

Topera, Started in San Diego, Acquired By Abbott For $250M Plus

socalTECH

Topera, until recently, was based in San Diego, but apparently moved to San Mateo in the last year or so. Topera was venture backed by New Enterprise Associates (NEA), which led a $25M Series C financing for the company back in April of 2013, when the company was still based in San Diego. topera abbott life sciences lifescience biotech merger acquisition cardiac atrial fibrillation

Boeing Buys San Diego Software Services Firm

socalTECH

Tapestry Solutions, a San Diego-based provider of services and software for tracking equipment and spare parts for the U.S. Financial terms of the acquisition were not disclosed. Boeing said that the acquisition will accelerate the growth of the company's service and support business. Tapestry Solutions has 350 employees, with the majority located in San Diego, and approximately 150 deployed worldwide, including in Iraq

Qualcomm Sells Medical Device Connectivity Business to PE Firm

Xconomy

Francisco Partners, a San Francisco-based private equity firm, said Monday it has acquired Qualcomm Life, a subsidiary of the San Diego chipmaker that focuses on connecting medical devices to software applications installed at hospitals and other healthcare organizations.

Mitek Stock Price Rises After ASG Beefs Up Acquisition Offer

Xconomy

ASG Technologies, the Florida-based software company backed by activist hedge fund Elliott Management, has upped its offer for San Diego’s Mitek Systems to $11.50 National blog main New York blog main San Diego San Diego blog main San Diego top stories Acquisition ASG Technologies Charles Sansbury deals Elliott fintech hostile takeover M&A Mitek Paul Singer

Corza Health Emerges Led by Former NuVasive, GreatCall Executives

Xconomy

A Chicago-based private equity firm has tapped the former head of NuVasive and finance chief of GreatCall to start a new healthcare company in San Diego.

San Diego Colo Provider Acquired By Private Equity Firm

socalTECH

San Diego-based American Internet Services, a Internet data center co-location provider, said Tuesday that the firm has been acquired by an investor group lead by private equity firm Seaport Capital. The company did not disclose terms of the acquisition, but said that other investors in the acquiring group were Viridian Investment Partners and DuPont Capital Management.

Nabriva Bolsters Antibiotics Pipeline with Zavante Acquisition

Xconomy

Under the deal terms announced after the market close Tuesday, San Diego-based Zavante received an upfront payment of 8.2 National blog main San Diego San Diego blog main San Diego top stories Antibiotics Biotech clinical trials community-acquired bacterial pneumonia complicated urinary tract infection deals FDA fosfomycin lefamulin Life Sciences Nabriva Therapeutics Zavante Therapeutics

Peregrine Semiconductor Acquisition Completes

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The $471M acquisition of San Diego-based Peregrine Semiconductor is now complete, with Peregrine now officially owned by Japanese company Murata , Murata said Friday. Murata had announced the acquisition of Peregrine in August. peregrine semiconductor merger acquisition japan japanese international murata hardware radio frequency

Software Startup Portfolium Acquired by Salt Lake City’s Instructure

Xconomy

The software of Portfolium, a San Diego startup that hosts online portfolios for students trying to showcase their achievements to potential employers, is set to join the portfolio of Utah educational software company Instructure. Instructure (NYSE: INST ) has agreed to acquire privately held Portfolium. No financial terms of the deal, which was announced Tuesday, were disclosed.

Illumina Completes GenoLogics Acquisition

socalTECH

San Diego-based life sciences equipment maker Illumina said today that it has completed its acquisition of GeneLogics Life Sciences Software , which makes laboratory information management systems for the life sciences industry. illumina genologics merger acquisition management software genomics gene sequencing lifescience equipment

Jam City is setting up a Toronto shop by buying Bingo Pop from Uken Games

TechCrunch LA

The Los Angeles game development studio Jam City is setting up a shop in Toronto with the acquisition of Bingo Pop from Uken Games. “This acquisition provides Jam City with access to leading creative talent in one of the fastest growing and most exciting tech markets in the world.