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RepairSmith Expands Mobile Car Repair Service

socalTECH

Los Angeles-based RepairSmith , which operates a mobile car repair and maintenance service, says it is expanding its service area, and has added a number of cities, including Thousand Oaks and Fresno, California, as well as Tucson, Arizona. The company says the expansion brings it to more than 325 cities in total.

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Teledyne Cuts Outlook On Sales Slowdown In Energy Markets

socalTECH

Thousand Oaks-based Teledyne Technologies said this morning that it is cutting its outlook for the third quarter and full year, due to decline in sales in energy-related products. The company also blamed a strong U.S. The company also blamed a strong U.S. READ MORE>>.

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Ceres Expected To Hit Market Feb 9th

socalTECH

Thousand Oaks-based Ceres , which develops specialized seeds for the biofuels industry, is planning to hit the market on February 9th, according to the NASDAQ IPO calendar. If successful, the offering will raise $132.25M for the company. Ceres has applied to list as CERE on the NASDAQ Global Market. and $23.00

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Teledyne Buys Unit Of 3M In $230M Deal

socalTECH

Thousand Oaks-based Teledyne Technologies has acquired the gas and flame detection business of 3M , in a deal worth $230M in cash, the company announced early this morning. READ MORE>>.

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Amgen Selects Rhode Island For New Manufacturing Plant

socalTECH

Thousand Oaks-based biotech giant Amgen said on Tuesday that it has selected Rhode Island for the company's new next-generation biomanufacturing plant. and global markets. According to Amgen, the new plant will be in its existing West Greenwich, R.I., and will product products for the U.S.

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Southern California Firms Queue Up For The Public Market

socalTECH

The long list of Southern California high tech companies lined up for the public markets just got a little longer this morning, with the addition of Inphi Corp. The high level of IPO activity--if those firms manage to make it to market--would make this year one of the most active IPO years here since the dot com bust.

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Teledyne Completes $789M e2v Acquisition

socalTECH

Thousand Oaks-based Teledyne Technologies Incorporated and UK-based e2v technologies plc said today that the two have completed the $789M acquisition of e2v by Teledyne. The deal had been announced in December. e2v develops machine vision products, including image sensors and custom cameras and applications. READ MORE>>.