socalTECH
JUNE 25, 2019
Private equity investor Lovell Minnick Partners , which has offices in Los Angeles, has made a "significant" investment in oneZero Financial Systems , the firm said on Tuesday morning. Financial details of the minority investment in oneZero Financial Systems were not announced. onZero provides software and technology to the foreign exchange (FX) trading industry.
L.A. Business Journal
JUNE 25, 2019
Retina launches AI for ecommerce; Quibi plans more content; Falcon Heavy launch goes (mostly) as planned
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socalTECH
JUNE 25, 2019
Santa Barbara-based HG Insights , which provides analytics around technology installs, IT spend, and contracts, says it has tied with LinkedIn with a new product, HG for LinkedIn. According to the company, it has integrated with LinkedIn's Matched Audiences API, which will help marketers target prospective customers and increase response rates with more relevant advertising on the LinkedIn platform.
Xconomy
JUNE 25, 2019
Pharmaceutical giant AbbVie this morning agreed to acquire Allergan in a $63 billion deal meant to provide the pharmaceutical giant with enough revenue to brace for the loss of patent protection for the world’s top-selling drug. AbbVie (NYSE: ABBV ) will pay $188.24 per share in cash and stock for Allergan (NYSE: AGN ) and its portfolio of aesthetic treatments such as Botox and eye drugs like Restasis.
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Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
socalTECH
JUNE 25, 2019
NOWA Innovations (www.nowainnovations.com), a University of California, Irvine spinout, is designing a medical device aimed at improving asthma inhalers. For our video interview today, we spoke with Nasam Chokr, the founder and CEO of NOWA Innovations, about the startup and its technology. NOWA Innovations was one of the startups at the First Look 2019 Startup Showcase last week in Pasadena.
Xconomy
JUNE 25, 2019
A company that makes a mapping system to help doctors see high-resolution, 3D images of irregular heart rhythms in real time has raised $100 million in venture investment and a $70 million credit facility to fund its full-scale market launch. Acutus Medical, based in the northern San Diego community of Carlsbad, was founded in 2011. The company’s flagship product, dubbed AcQMap, uses ultrasound to allow physicians to see what is causing a patient’s irregular heartbeat, also known as an arrhythmi
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Xconomy
JUNE 25, 2019
Even as Uber, Lyft, and other high-profile initial public offerings underperformed out of the gate, the average share price of companies that have gone public in the US this year is up by almost 33 percent. That’s according to data based on the mean returns of issuers that started trading through June 19, released by accounting firm Ernst & Young (EY) on Tuesday.
socalTECH
JUNE 25, 2019
Irvine-based Buy It Installed , a startup which bundles in-home installation of electronics with electronic purchases, has named Hassan Archer as its Chief Operating Officer, the company said on Monday. Archer previously served at Originate, SG Entertainment, Airbiquity and Microsoft. Buy It Installed is led by founder and President Todd Banhidy; the company said it is developing a nationwide network of certified installers to help install consumer electronics, smart home devices, computer hardw
Xconomy
JUNE 25, 2019
The world is changing fast. Everything is getting connected. The connected home – the smart fridge, the smart thermostat, the smart TV – will soon be a mainstay of a connected world , an era quickly being ushered in by 5G, AI on the edge, and a slew of other enabling technologies. And I believe the central controller of that everything will be voice, the ultimate human-machine interface.
socalTECH
JUNE 25, 2019
Hawthorne-based SpaceX has successfully delivered another Falcon Heavy into space late Monday evening, delivering a payload of satellites into space for the Department of Defense. The launch--the first for the Department of Defense--also delivered a number of ride-shared projects into space for the National Oceanic and Atmospheric Administration (NOAA), the National Aeronautics and Space Administration (NASA), and others.
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