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Fralock Acquires Career Technologies USA

socalTECH

Valencia-based Fralock , which designs and manufactures specialty components for the aerospace, electronics, industrial life science, medical, satellite, and semiconductor equipment manufacturing industries, has acquired Chatsworth-based Career Technologies USA READ MORE>>.

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DataDirect Networks Links With AI Service Provider

socalTECH

DataDirect Networks (DDN), which develops storage arrays for high performance computing and similar applications, says it is powering a provider of artificial-intelligence-as-a-service.

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MRV Sells Tecnonet S.p.A. Unit

socalTECH

Chatsworth-based MRV Communications , which designs and manufactures optical networking equipment, said late Monday afternoon that it has closed its sale of Tecnonet S.p.A. to Maticmind S.p.A. Its Italian subsidiary provided network integration services. MRV said it received approximately $21.5M ffor the business unit.

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Five Area Firms Get DOE Funds for Concentrating Solar Power Research

socalTECH

for the design, build, and testing of a concentrating solar power plant system; Canoga Park-based Pratt & Whitney Rocketdyne receiving $10.2M for building a solar power tower plant design; San Diego-based General Atomics getting up to $2.1M for a new class of solar concentrators; and Riverside-based Terrafore receiving up to $1.4M

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$150,000 Investment from Make in LA for hardware Startups | Batch 2 Application Open

Tech Zulu Event

Industrial designer in residence. Batch 2 will run from February 8th through June 11th, 2016 in Chatsworth, CA. They are just over the halfway mark with their current class and have been continuously improving their program to increase the value for their entrepreneurs, their products and their business.

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