L.A. Business Journal

JUNE 24, 2019

El Segundo-based information technology services firm PCM Inc. will be acquired by Tempe, Ariz.-based Insight Enterprises Inc. in a deal worth roughly $581 million.

El Segundo 162

El Segundo Services Technology 162

socalTECH

JUNE 24, 2019

Los Angeles-based Virgin Hyperloop One , which is developing futuristic transportation technology, says it has linked up with the Sam Fox School of Design & Visual Arts at Washington University in St. Louis. According to Virgin Hyperloop One, the two will create a "Master of Architecture (MArch) studio" to map out the "social, political and physical context of the state" and to and explore "elegant hyperloop infrastructure proposals" for Missouri.

Design 149

Design Technical Review Los Angeles Technology 149

Xconomy

JUNE 24, 2019

Youth. Charm. Fearlessness. Ruthless focus. These can be positive attributes in an entrepreneur, but in a more rational world, technology investors wouldn’t overvalue them. Risk capital would be allocated based mostly on evidence, data, progress towards milestones—in short, on proof. In the real world, of course, proof is hard to come by. Hope, avarice, or fear of missing out often drive investors to plunge ahead.

Technical Review 107

Technical Review Course Capital Entrepreneur 107

socalTECH

JUNE 24, 2019

Carlsbad-based Acutus Medical , a developer of cardiac imaging and mapping systems for real-time arrhythmia, has raised a big, $170 funding round, split between both equity and credit. According to the company, it raised $100M in a Series D equity funding, plus a $70M credit facility. The equity funding came from 8VC, Opaleye Management, Pura Vida Investments, plus OrbiMed, Deerfield Management Company, Advent Venture Partners, Xeraya Capital and GE Ventures.

Equity 113

Equity Activity Funding Capital 113

Advertiser: Aggregage

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.

Company

L.A. Business Journal

JUNE 24, 2019

SpaceX launches Falcon Heavy rocket; Virgin Hyperloop works with WashU in St.

SpaceX 100

SpaceX Report 100

socalTECH

JUNE 24, 2019

San Diego-based defense and electronics products and consulting provider Cubic Corporation announced a new, independent director on Monday morning, saying it has named David F. Melcher to its board. Melcher is the former president and chief executive officer of the Aerospace Industries Association (AIA), and also served as President and CEO of Exelis Inc., in addition to serving at ITT Corporation., as well as had a long career in the U.S.

San Diego 113

San Diego Product 113

socalTECH

JUNE 24, 2019

El Segundo-based IT products and services provider PCM is being acquired by Tempe, Arizona-based > Insight Enterprises , in a deal worth $581M, the two announced this morning. According to the two, Insight will pay $35 per share for PCM, which provides hardware, software and services to small, mid-sized and corporate/enterprise commercial clients, state, local and federal governments and educational institutions across the United States, Canada and the United Kingdom.

El Segundo 113

El Segundo Education Software Services 113

Xconomy

JUNE 24, 2019

Conatus Pharmaceuticals said Monday that it would cut its staff by 40 percent and consider a sale or merger after a drug it was testing as a treatment for an increasingly common form of chronic liver disease failed to beat a placebo in a mid-stage clinical trial—the latest letdown in a number of trial failures. The company is one among many racing to develop a treatment for nonalcoholic steatohepatitis (NASH), a fatty liver disease whose incidence has risen along with obesity, especially i

Sales 70

Sales Company Companies Develop 70

socalTECH

JUNE 24, 2019

Hawthorne-based SpaceX is gearing up for another launch of its Falcon Heavy, with the first use of the Falcon Heavy by the Department of Defense (DoD). According to SpaceX, the launch window for the Space Test Program-2 (STP-2) mission opens at 11:30pm today, June 24th, with a liftoff targeted from Launch Complex 39A at the Kennedy Space Center in Florida.

SpaceX 113

SpaceX Hawthorne 113

SoCal Tech Calendar

JUNE 24, 2019

Sunday, June 30, 2019 --.

Resource 100

Resource 100

socalTECH

JUNE 24, 2019

San Diego-based biopharmaceuticals startup AFYX Therapeutics announced this morning that it has raised $13M in a convertible loan financing. The note came from Sofinnova Ventuers, which led the investment, and also included Nova Seeds and Lundbeckfonden Emerge. AFYX Therapeutics is developing treatments for mucosal diseases, with its lead compound aimed at treatment of oral lichen planus.

Study 113

Study San Diego Platform Invest 113

Startup Professionals Musings

JUNE 24, 2019

When was the last time you changed how you communicate to your team and to your customers? The way you deliver your message is key to maximizing its impact, or even reaching the intended audience. Don’t count on people reading your Annual Report for breaking news. Your team needs to hear from you on a regular basis, on a channel they can relate to easily and quickly.

Social Media 108

Social Media News Tool Examples 108

socalTECH

JUNE 24, 2019

Santa Monica-based Bird is one of seven scooter companies which have been banned by the city of Nashville, Tennessee, after the major there banned electric scooter companies from streets , as a result of the death of a tourist in the city while riding a scooter. The tourist was struck by a SUV and killed while riding a Bird scooter after an evening at a bar.

Santa Monica 113

Santa Monica Report Company Companies 113