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Pelican Products Names Consumer Marketing Chief

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Torrance-based Pelican Products said on Monday that it has named Jennifer Lim as its Director of Marketing for its Consumer Division. Pelican, best known for its protective cases, develops a range of products for the huntin and fishing, adventure, personal electronics, photography, and other markets.

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Intellisense Spins Out Of Physical Optics Corporation

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Torrance-based Physical Optics Corporation (POC), a military, defense, and security integrator, said this morning that it has spun off a new company called Intellisense Systems, Inc. According to POC, Intellisense Systems will also be based in Torrance, and will employ 83 people, with $24M in revenues.

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Tocagen, Forte Biosciences In Merger

socalTECH

The newly merged company will operate under the name Forte Biosciences, and trade on the Nasdaq Capital Market as FBRX. The merged company will focus on Forte's late-stage clinical program for treating atopic dermatitis. READ MORE>>.

Torrance 113
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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. READ MORE>>.

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Phenomenex Acquires Micron Analitica

socalTECH

Torrance-based a href="[link] , a developer of analytical chemistry products, said Tuesday that it has acquired its Spanish distribution partner, Micron Analytica S.A. Phenomenex develops products for the analytical chemistry market. Financial terms of the acquisition were not disclosed. READ MORE>>.

Torrance 100
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Phyn Names Bizdev Head

socalTECH

Torrance-based Phyn , a startup which is bringing a high tech, whole home water usage and monitoring system to market, is announcing today that it has named Mariel Devesa as Global Head of Business Development.

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Active Storage Names Engineering VP

socalTECH

Torrance-based Active Storage , the developer of RAID storage systems aimed at the Apple and creative industry, said this morning that it has named Venkat Ramakrishnan as its new Vice President of Engineering. Ramakrishnan was most recently at Promise Technology, and also has served at Cisco and IBM. READ MORE>>.

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