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Teradyne Buys Mobile Industrial Robots Firm MiR

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Teradyne , the developer of automation and test equipment which has a big facility in Agoura Hills, said this week that it has acquired Mobile Industrial Robots (MiR), a Danish company, for $148M, plus up to $124M in earnout. One of MiR's regional offices in in San Diego. READ MORE>>.

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SoCal Sees Summertime Surge In Exits

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The exit activity has been far and wide across the region, ranging from Santa Barbara to San Diego, and providing stunning returns for a large list of venture and angel investors in those companies.

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Two Local Tech, Investment Executives Named In College Fraud Investigation

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The group, which included at least 33 parents, have been charged with bribing coachings, admission counselors, and others in order to guarantee their children spots into a number of schools, including UT Austin, Yale, the University of Southern California (USC), the University of California Los Angeles (UCLA), UC San Diego, Wake Forest, and others.

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Southern California Firms Make Inc. 500

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San Diego-based MedVantx ranked at number 13 on the list; Woodland Hills-based ReachLocal was 39; San Diego-based BridgePoint Education was 50; Santa Monica-based International Checkout ranked at 61; Torrance-based Flipswap at 81; and Irvine-based ClinAssure was at 85. billion in sales.

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SoCal Firms Make Inc 500

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in revenues), TrueCar at number 209 (1,407%, $16.6M), RealD at 347 (843%, $149.8M), and San Diego's Covario , at number 420 with 704 percent growth and $15.3M Other interesting firms on the list included Pasadena-based Central Desktop at number 180 (1,569%, $2.6M in revenues.