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Raytheon Moves Headquarters From El Segundo

socalTECH

In what is not a surprise for Southern California''s shift away from the industry, defense contractor Raytheon said Thursday that it is shutting down its business headquarters locations in El Segundo, and moving its Space and Airborne Systems (SAS) business headquarters to McKinney, Texas. READ MORE>>.

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ConsumerTrack Expands In El Segundo, Ramps Hiring

socalTECH

Los Angeles-based ConsumerTrack , the operator of GoBankingRates.com and other personal finance content and lead generation sites, said today that it is expanding its headquarters in El Segundo. ConsumerTrack says its customer include such companies Fidelity, Transunion, Chase Bank, and many other financial institutions.

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Hopscotch Signs 40 Collegiate Programs for Sports App

L.A. Business Journal

Sports app developer Hopscotch of El Segundo announced on Monday that it signed up more than 40 athletic programs as customers last month.

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ABL Space Systems Sets Demo Flight For Q2 2021

socalTECH

El Segundo-based ABL Space Systems, which is developing low cost launch vehicles and launch systems, says it has signed up customer for its first launch. The company says it is targeting its first demonstration flight of its RS1 rocket in Q2 of 2021. Financial details of the launch agreement were not announced.

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Energy Innovations Discloses Customer Wins

socalTECH

Pasadena-based Energy Innovation, the solar concentrator firm backed by Idealab, said earlier this week that it has signed up a number of customers using its solar tracking technology. Financial impact of the deals were not disclosed.

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EdgeCast, Media Temple Team On CDN Service

socalTECH

Los Angeles-based EdgeCast , the content delivery network firm headed by James Segil, and fellow Los Angeles web hosting provider Media Temple , run by Demien Sellfors, are announcing today they are launching a new content delivery network offering for Media Temple's customers. Financial details of the deal were not disclosed.

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Accordent Acquired By Polycom

socalTECH

El Segundo-based Accordent Technologies , which develops presentation and webcasting management software for the enterprise, has been acquired by Polycom , Polycom said today. Polycom said Accordent had $9M in revenues in 2010, and has over 1,200 customers. The deal was worth $50M in cash. READ MORE>>.