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Source: Adaptec Shutting Down Lake Forest Site

socalTECH

Storage hardware developer Adaptec is shutting down its Lake Forest, Orange County site, according to sources close to the company. Adaptec moved into Lake Forest in August of 2008, when it acquired Aristos Logic , a developer of RAID chips and technology.

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Focal Therapeutics Acquired For $125M

socalTECH

Aliso Viejo-based Focal Therapeutics , a developer of implantable medical devices used by surgeons in lumpectomy procedures, which is backed by Orange County-based Okapi Ventures, along with Emergent Capital Partners, has been acquired by Hologic , in a deal worth $125M in cash. Hologic is based in Marlborough, Mass.

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Macquarie Capital Provides $100M In Debt For Battery Storage Projects

socalTECH

Macquarie Capital , the investing arm of Macquarie Group, says it has provided $100M in a debt financing, to back development of a new battery-based energy storage project in Southern California. According to Macquarie Capital, the debt funding is part of a 52.5

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CrazyEgg Buys Hello Bar

socalTECH

Orange County-based heatmap software developer CrazyEgg has acquired Hello Bar , a developer of customizable, web toolbars which help encourage actions from web site visitors. Financial terms of the buy were not disclosed. According to TechCrunch, the buy included only the Hello Bar product, and not its team.

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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. Then the company needed to develop other technologies like vacuum conditioning. “The energy is super tiny.

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Catching Up With Mike Giardello, President of Innovate Pasadena

socalTECH

As we have developed over the last few years, we've started running our own events, and tried out our own connect weekend in 2014, and that went to a full week the next year. We looked at other sites, such as Cross Campus Santa Monica, and we saw the events they were running, which we went to a lot before they opened a location here.

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Ten Of The Top Tech Companies For Employees In LA

socalTECH

Readers in San Diego, Orange County, Ventura County, and elsewhere, please comment or send us your comments!). company operates a number of content-focused sites, including LIVESTRONG, eHOW, Cracked, and a domain name registration business, eNOM. positions on its site, ranging from software, sales, marketing, to finance.