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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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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 Wins Korea's LINE

socalTECH

Chatsworth-based data storage provider DDN reported this morning that it has been selected by a Korean customer, NAVER Corporation, which will use its products for a number of AI services and research projects. NAVER is the owner of the popular LINE messaging service.

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Silicon Beach Report Sept. 17: Sinemia Announces Unlimited Plan

L.A. Business Journal

Sinemia releases unlimited plan with limits; Fandango wins patent dispute over streaming services; Chatsworth Products receives awards

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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 move was originally reported by The Daily News. boulder electric vehicles shutdown angeles cleantech truck auto transportation layoff'

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MRV Wins Data Center Operator

socalTECH

Chatsworth-based MRV Communications , which provides optical networking equipment, reported a win with a Sabey Data Centers this week. MRV said that Sabey has selected its optical transport platform for a data center in New York City. Financial impact of the win was not announced.

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MRV Gets Win In Pasadena

socalTECH

Chatsworth-based optical networking products firm MRV Communications reported a win with the City of Pasadena, saying that the city will be using the company''s products to build a high-capacity, optical network. FInancial impact of the win was not announced.

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