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DataDirect Networks Expands In Paris, Claims Growth

socalTECH

DataDirect Networks , the data storage systems developer which has significant operations in Chatsworth, reports that it is opening up a new technology center in Paris. The company said the move will help enhance its European technology innovation.

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MRV Sells CES Creative Electronic Systems SA

socalTECH

Chatsworth-based MRV Communications said today that it has completed the sale of its CES Creative Electronics Systems SA subsidiary, to a group of European private equity firms led by Vinci Capital SA. MRV said the sale will help it to focus on its core business of network infrastructure equipment and network management products.

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DoE Selects Two SoCal Firms For Solar Program

socalTECH

The two local firms are International Solar Electric Technology , which is based in Chatsworth, and TiSol , which is based in Pasadena. Both firms' technology are expected to help reduce the cost of various photovoltaic manufacturing processes. READ MORE>>.