socalTECH

JULY 16, 2018

Commerce, California-based Joybird , an online retailer and manufacturer of furniture, has been acquired by La-Z-Boy Incorporated , La-Z-Boy said on Monday. Financial terms of the deal were not announced. Joybird (Stitch Industries) was founded in 2014 by Alex Del Toro, Andres Hinostroza, Joshua Stellin and Christopher Stormer, and manufactures mid-century modern upholstered furniture, which it sells online through its own brand.

Commerce 174

Commerce Sales Customer Custom 174

TechCrunch LA

JULY 16, 2018

Google Cloud’s new region in Los Angeles is now online, the company announced today. This isn’t exactly a surprise, given that Google had previously announced a July launch for the region, but it’s a big step for Google, which now boasts five cloud regions in the United States. It was only three years ago that Google opened its second U.S. region and, while it was slow to expand its physical cloud footprint, the company now features 17 regions around the world.

Google 123

Google Cloud Computing Southern California Los Angeles 123

socalTECH

JULY 16, 2018

Carlsbad-based TC Technology , an IT services provider which develops mobile software for the utility market, has been acquired by SSP Innovation , a provider of IT services and software to the electric, gas, and water utilities, the two said on Friday. Financial details of the acquisition were not announced. SSP Innovation is backed by private equity investor Warren Equity.

Technology 113

Technology Equity Mobile Acquisition 113

L.A. Business Journal

JULY 16, 2018

Netflix subscribers up, stock prices down; Google gets is cloud online in L.A.

Netflix 124

Netflix Report Google Pricing 124

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

socalTECH

JULY 16, 2018

San Diego-based Human Longevity , which is developing genomics-powered, health intelligence software, said on Friday that it has named David Karow, M.D., Ph.D., as its Interim CEO. Karow was previously Human Longevity's Chief of Radiogenomics. Karow has previously been a researcher at UC San Diego, UCLA, and the University of Michigan, Ann Arbor. The company also said Scott Sorenson will serve as Interim Chief Operations Officer; Sorenson was most recently Chief Technology Officer at the company

Chief Technology Officer 113

Chief Technology Officer San Diego UCLA Research 113

Startup Professionals Musings

JULY 16, 2018

Starting a new venture and thriving in today’s economy is hard, but the best have figured out that customers and employees need to feel that you have a sense of purpose, to complement the company’s pursuit of profit. A higher purpose motivates people in a way that financial wins alone never will. For a company to thrive, it needs to find and broadcast its purpose in all that it does.

Startup 58

Startup Customer Custom Competition 58

socalTECH

JULY 16, 2018

San Diego-based MEI Pharma announced this morning that it has named David M. Urso, J.D, as the company's new Chief Operating Officer. Urso was most recently Senior Vice President of Corporate Development and General Counsel at the company. Urso has been at MEI Pharma since March of 2014, and also served at Tioga Pharmaceuticals, was a venture capitalists at Forward Ventures, and also had been at DNA Sciences, Wilson Sonsini Goodrich & Rosati LLP and Cooley Godward LLP, plus SmithKline Beecha

San Diego 100

San Diego Develop Development Company 100

socalTECH

JULY 16, 2018

Aliso Viejo-based Quest Software has rolled out a new software package today, saying this morning that it has rolled out a new migration tool aimed at Microsoft Office 365. According to Quest, the new tool provides tenant-to-tenant migration of accounts, email and OneDrive, and can be used for merging and consolidating Office 365 tenants. Quest said the software will be available on a "flexible" pricing plan, but did not announce any details on that pricing.

Tool 100

Tool Software Pricing Demand 100

socalTECH

JULY 16, 2018

Rancho Cordova-based AMPAC Fine Chemicals , a contract development and manufacturing organization for the pharmaceuticals industry, has been acquired by SK Holdings , the holding company run by South Korean company SK Group. Financial details of the acquisition were not announced by AMPAC, which says the deal is the "largest M&A transaction announced in the Korean pharmaceutical industry.

Outsource Development 100

Outsource Development Organization Equity Acquisition 100

socalTECH

JULY 16, 2018

Think it's all roses being a technology mogul and billionaire? Elon Musk , the founder and CEO of Hawthorne's SpaceX , had a rather busy and scandal-ridden weekend. Among Musk's woes: the lead diver that helped lead the rescue of the trapped Thai soccer team called Elon Musk's attempt to create a submarine to rescue the trapped team "just a PR stunt" , which sparked a now-deleted angry Twitter response from Musk calling the diver a "pedo".

Hawthorne 100

Hawthorne SpaceX Report Help 100