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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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DDN Supplies Data Storage For Nvidia AI Effort

socalTECH

Chatsworth-based data storage hardware developer DDN, which develops data storage for the high performance computing market, is taking aim at the artificial intelligence (AI) area. The company said this morning that it is joining with NVIDIA to create a new AI Innovation Lab in Singapore.

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DDN Reports $400M In Revenues In 2020

socalTECH

Chatsworth-based DDN, which develops high performance computing storage and artificial intelligence and data management software, says it had record breaking annual revenues of $400M and "highest ever profitability" in 2020. The company said it saw 52 percent revenue growth from 2018 to 2020.

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Boulder Electric Vehicles Shuts LA Facility

socalTECH

Boulder Electric Vehicles , a startup developing electric powered has shut down its production facility in Chatsworth, as the company looks for a buyer. The DailY News reports that the family laid off around 50 people at the Chatsworth plant as a result of the shutdown, as the company has "mothballed" its operations.

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DDN Acquires Enterprise Storage Unit From Western Digital

socalTECH

Chatsworth-based DDN IntelliFlash Enterprise Storage business unit from Western Digital , the company said on Thursday. DDN also said it is adding members of Western Digital's IntelliFlash team to the company, but did not say how many employees are moving as a result of the acquisition. READ MORE>>.

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MRV Names New CFO

socalTECH

Chatsworth-based MRV Communications , the developer of optical networking hardware, said today that it has named Mark J. Bonney as the company''s Executive Vice President and Chief Financial Officer. Bonney has been a director of the company since April of 2013, and replaces current CFO Stephen Garcia. READ MORE>>.

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DataDirect Networks Expands In Colorado

socalTECH

DDN said the new facility will focus on research and development for the company. DDN also has offices in Chatsworth and Santa Clara, California, along with Columbia, Maryland; Paris, France; Tokyo, Japan; and Pune, India.