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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 Names Sales, Marketing VP

socalTECH

Chatsworth-based MRV Communications , the developer of optical communications and networking equipment, said today that it has name David Stehlin as Senior Vice President of Sales and Marketing of its Optical Communications System Division.

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MRV Communications Upgrades To NASDAQ Global Market

socalTECH

Chatsworth-based optical networking hardware provider MRV Communications said this morning that it is upgrading its stock listing from the over-the-counter market, to the NASDAQ Global Market. According to MRV Communications, it has been approved to list on the NASDAQ Global Market under its existing ticker symbol, MRVC.

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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 Acquires Intel's Lustre File System Business

socalTECH

Chatsworth-based DataDirect Networks (DDN), which develops data storage equipment and software, has acquired the Lustre File System business from Intel , according to DDN late Sunday evening. Intel's Lustre File System is heavily used in the cluster computing market, which DDN's storage hardware is also used.

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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 Closing In On Acquisition Of Tintri

socalTECH

DDN said the acquisition will significantly bost its product portfolio and addressable market. DDN has significant operations in Chatsworth, but now officially has its headquarters in Santa Clara. DDN is in the process of buying Tintri out of bankruptcy. DDN says it expects the acquisition to close this month. READ MORE>>.