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QAD Acquiring German Company, Allocation Network GmbH

socalTECH

Santa Barbara-based QAD , which develops enterprise software used in the manufacturing sector, says it is in a definitive agreement to acquire a German company, Allocation Network GmbH , which provides strategic sourcing and supplier management. The deal is expected to close by the end of 2020. READ MORE>>.

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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

TechCrunch LA

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. One more deal soon followed.

Company 363
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Are you killing innovation in your company?

Berkonomics

Here’s one for executives of any company with next generation products in mind. In many companies, there are quiet geniuses, wanting to work on projects outside of the daily focus of the department or company. Technology companies are prime targets for this problem. . First, let’s recognize the problem.

Company 156
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Airgain Gets Win With EV Charging Company

socalTECH

The company said the EV charger ompany will use its NimbeLink embedded modems for its nationwide network. San Diego-based wireless products maker Airgain said it has scored a win with an un-named manufacturer of electric vehicle (EV) charging stations. Financial impact of the win were not announced.

Company 113
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HONK Wins Insurance Company

socalTECH

According to HONK, it has signed up Wawanesa Insurance, and will manage the roadside assistance program for the insurance company. HONK says that Wawanesa is ranked the number one insurance company in California for customer satisfaction, according to J.D. Financial details of the deal were not announced.

Company 113
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Massage-on-demand company, Soothe, raises $31 million

TechCrunch LA

The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service. The former CFO of MarketShare, Heyrick has helped the company expand to over 11,000 massage therapists in its network.

Demand 274
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Cloud Network Company PacketFabric Acquires RSTOR

L.A. Business Journal

PacketFabric will not retain RSTOR’s Saratoga headquarters.

Company 130