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Inseego Resets Effort To Gain Approval For MiFi Sale, Again

socalTECH

San Diego-based Inseego --the company once known as Novatel Wireless --along with Jade Ocean Global Limited , which is a subsidiary of T.C.L. The firms said that the withdrawal, and immediate re-filing, of its request, is intended to provide additional time to provide a "definitive mitigation agreement" for approval from CFIUS.

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Qualcomm Completes Omnitracs Sale; Omnitracs Buys Roadnet

socalTECH

San Diego-based Qualcomm said late Monday that it has completed its sale of OMnitracs , the company''s GPS fleet management software and products division, to private equity firm Vista Equity Partners. The deal was worth approximately $800M in cash.

Sales 138
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Interview: Mark Faggiano On TaxJar's Sales Tax Savvy Software

socalTECH

Sales tax compliance is not a typical sexy startup area. So, it was a surprise when a number of smart, insider angels -- including Roy Rubin (founder of Magento, which he sold to eBay), and Dan Rose (VP of Partnerships at Facebook)--put their money behind TaxJar (www.taxjar.com), a San Diego startup developing sales tax compliance software.

Sales 149
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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

I started with a list of companies already screened by the San Diego Venture Group’s annual venture summit, and consulted with investors and startup mentors to refine the list. Tim Rueth, a UC San Diego entrepreneur in residence and member of the EvoNexus selection committee, also screened the list, and offered his perspective.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. ” I don’t doubt that he means it. Underpinning its tech is the sheer size of the operation: economies of scale in action.

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Wireless Info Tech Acquired By Chinese Firm

socalTECH

San Diego-based Wireless Info Tech Ltd., According to VanceInfo Technologies, it has entered into a definitive agreement to acquire Wireless Info Tech, in a deal worth $1.08M in cash plus stock. VanceInfo said that Wireless Info Tech had sales of approximately $3M for the eight months ending August 31st.

Offshore 100
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How Classy Is Helping Nonprofits To Attract and Retain Supporters

socalTECH

In the case of San Diego's Classy (www.classy.org), you get an extremely popular piece of software-as-a-service to help you manage a nonprofit and its fundraising efforts. Scott Chisolm: Actually, the organization started as a charitable pub crawl, for the cancer society here in San Diego. How did you start the company?

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