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International Rectifier To Close El Segundo Plant

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El Segundo-based International Rectifier , a developer of analog and power ICs, said Wednesday that it is shutting its El Segundo, California fabrication facility, and laying off staff. The firm said the closure in El Segundo will save it approximately $10M a year when complete. READ MORE>>.

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Demand Media Spends $707K On Spanish Language Firm

socalTECH

Santa Monica-based Demand Media has issued $707,254 in stock as part of the acquisition of a company, according to a regulatory filing from the firm Monday. Demand had revealed in its 10Q earlier that it had acquired an un-named firm which specializes in the creation of Spanish and Portuguese language media content. READ MORE>>.

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Sixty-four Southern California Firms On Technology Fast 500

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189% El Segundo Nick Hedges 397 Illumina, Inc. Flatley 412 NEOGOV 177% El Segundo Damir Davidovic 413 Maxwell Technologies, Inc. Brown 438 Volcano Corporation 163% San Diego Scott Huennekens 445 Demand Media, Inc. Lucier 387 Lexipol 193% Aliso Viejo Dan Merkle 394 Response Genetics, Inc. 191% Los Angeles Thomas A.

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JustFab Embraces All Body Shapes, Sizes With New Collection

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El Segundo-based fashion and e-commerce brand JustFab said this morning that it has made a major expansion of its collection, to provide fashions for every body type and extended sizes. READ MORE>>.

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DIRECTV Planning 3D Broadcasts

socalTECH

El Segundo-based satellite broadcaster DIRECTV said Wednesday at CES that it is in a deal with HDTV manufacturer Panasonic, to broadcast 3D television starting in June of 2010. Financial details of the deal were not disclosed. on producing additional, 3D programming to debut in 2010 and 2011.

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Equinix Opens New L.A. Data Center

socalTECH

Colocation provider Equinix announced today that it has opened up a new, $95M data center located in El Segundo, the firm's fourth in the L.A. According to Equinix, the expansion of its colocation and network exchange services here is a result of demand from entertainment and digital media companies.

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Southern California Technology Jobs Surge

socalTECH

It's been tough to shake people loose from companies," Stuart Macfarlane , CEO of El Segundo-based iChange , explains, saying that the firm is actively looking to hire two to three web developers. Mangers said Webvisible today has slightly under 300 employees, and hopes to have slightly under 500 employees by the end of the year.