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THQ Lays Off 100 Employees, Closes San Diego Office

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Calabasas-based THQ , which develops computer game titles, is closing its San Diego, UK, and Germany offices, and has laid off 100 employees, according to an email to employees from CEO Brian Farrell. The move is part of a restructuring of the firm's THQ Wireless operations.

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DTS Buys Manzanita Systems

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Calabasas-based DTS , the developer of surround sound and other technology, said late Thursday that it has acquired Manzanita Ssstems , which develops MPEG software for the digital television, video on demand, and other markets. Manzanita Systems is based in Poway, just north of San Diego.

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DTS Link With New DivX Release

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Calabasas-based DTS , the provider of surround sound audio technology, and San Diego-based video encoding/decoding software provider DivX have integrated their respective solutions together in the latest DivX software release.

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Concerro Buys RES-Q Healthcare Systems

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San Diego-based Concerro , a developer of workforce management software for the hospital and healthcare industry, said today that it has acquired RES-Q Healthcare Systems , which is based in Calabasas. Concerro also said all of its employees and its Calabasas offices will be retained in the acquisition.

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Venture Capital Totals $603.2M In Southern California In Q3

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in San Diego, and $141.4M The largest deals for Los Angeles were Coda Automotive in Santa Monica, which raised $40.375M, KYTHERA Biopharmaceuticals in Calabasas, which raised $37.425M, and JustFabulous in El Segundo, which raised $33.1M. The investment was down from the $829.47M invested in the quarter in Q2.

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Intuit Layoffs To Hit Southern California

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Mountain View-based Intuit, which said in June that it would be laying off about 4 percent of its staff, disclosed through California WARN notices recently that it is laying off employees in Calabasas, Woodland Hills, San Diego, and Westlake Village as part of an overall, company-wide reduction.

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Local Firms Rank In Deloitte Fast 500

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San Diego's Halozyme Therapeutics was number 13 at 10657% growth; Irvine-based Spectrum Pharmaceuticals ranked 23, with 6490% growth; and Woodland Hills-based ReachLocal , was ranked #34, with 4,489% revenue growth over the past five year.