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Soliant Gets Install Win In Chatsworth

socalTECH

Monrovia-based Soliant , the developer of concentrating photovoltaic solar panels, reported an install in Chatsworth today, saying it has installed its systems on the roof of MBK Tape Solutions, a firm which fabricates adhesive tape and flexible materials. Soliant said the system generates 10kW of grid-connected electricity.

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MRV Communications Sells Avionics Systems Unit

socalTECH

Chatsworth-based MRV Communications , which manufactures optical networking components, reported Wednesday afternoon that it has executed a definitive agreement with a group of European private equity firms, led by Vinci Capital SA, to sell its Creative Electronic Systems SA.

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MRV Names New Division President

socalTECH

Chatsworth-based MRV Communications announced this morning that it has named Barry R. Gorsun was most recently managing partner at BayState Capital, an investment firm, and also previously served at Summa Four, a firm he headed up and eventually sold to Cisco Systems in 1998. Gorsun reports to MRV's CEO, Dilip Singh.