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ISSC Acquired By Microchip Technology

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ISSC Technologies Corporation , a Taiwanese Bluetooth technology developer which has operations in Torrance, California, has been acquired by semiconductor and microcontroller company Microchip Technology , the two announced today. Microchip said it would pay approximately $328.5M READ MORE>>.

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BQE Software Scores Private Equity Funding

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Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. Serent Capital is a private equity investor that invests in technology and tech-enabled software companies. The company was founded by Shafat Qazi in 1995.

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Abalta Technologies Looks To Link Smartphones, Connected Cars

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Torrance-based Abalta Technologies , which develops software for the automobile industry, said this week that it has launched a new product which helps sync smartphone driving apps with any connected car. The company's CEO is Michael O'Shea, who has previously served at such companies as InfoGation and NAVTEQ.

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CarParts.com Expands Board

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Torrance-based CarParts.com , which operates an online marketplace for car parts, said this morning that it has added a new member to its board of directors. The company said that it has added Dr. Lisa Costa, Chief Information Officer at the U.S. The company said Costa oversees a $1.2 The company said Costa oversees a $1.2

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Phyn Taps Into $10M More For AI-Powered Plumbing Monitoring Device

socalTECH

Torrance-based Phyn , the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations.

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Phyn Expands Water Monitoring Products

socalTECH

Torrance-based Phyn , the Belkin spinoff which develops very advanced hardware used to monitor the usage of water in the home, has expanded its portfolio of products, the company said over the weekend at CES. According to the company, it has added two new products to its XL series of products, the Phyxl XL 1.5" and Pyn XL 2".

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Intelligent Optical Systems Gets SBIR Grant

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Torrance-based Intelligent Optical Systems , a developer of optical fiber sensors, has scored a Small Business Innovation Research (SBIR) grant from the U.S. Environmental Protection Agency, the EPA said this week, to help support the firm's research to help protect groundwater resources. READ MORE>>.

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