Fri.Apr 08, 2016

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Interconnect Systems Acquired By Molex

socalTECH

Camarillo-based Interconnect Systems, Inc. , a designer and manufacturer of high density, silicon packaging technology, has been acquired by Molex , Molex said Thursday. Financial terms of the acquisition were not disclosed. Molex said it will use ISI and its team to strengthen its capabilities in the chip packaging market. Molex said ISI serves the aerospace & defense, industrial, data storage and networking, telecom, and high performance computing markets.

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6 Key Risk Factors When Scaling A Business To Global

Startup Professionals Musings

With the availability of high-speed Internet and social media access around the world, it’s easy for entrepreneurs to assume that the world is just one big homogeneous market, and project their business will scale accordingly. Nothing could be further from the truth. Large businesses, as well as small, still fail often by not addressing the very real cultural, economic and political differences.

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TeleSign Rolls Out Biometrics Technology

socalTECH

Los Angeles-based TeleSign , which provide mobile identification and authentication services and products, said this week that it has rolled out a new product which uses behavioral biometrics to authenticate users. The company said its new Behavior ID offering lets web and mobile applications measure and analyze a user's behavior, in order to provide continuous authentication of those users.

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Jason Nazar Raises $5.2 Million for Stealth Startup

Jason Nazar

Jason Nazar has closed a $5.2 million seed round for a new startup named Crew32, according to a filing with the Securities and Exchange Commission. The news comes just one day after his first company, Docstoc, was shuttered by Intuit Inc., the company that bought it two years ago. Read at Los Angeles Business Journal.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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SnapMD Powers Telemedicine Effort For Konica Minolta

socalTECH

Los Angeles-based SnapMD is powering a new, telemedicine effort from medical imaging and printing company Konica Minolta , Konica Minolta said this week. According to the Japanese company, its Business Innovation Center division has launched a pilot in the area of telemedicine and virtual care. Financial details of the win for SnapMD were not announced.

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Nobody Can Define Who You Are

Tech Zulu Event

Back in the day when I was doing Wine Library TV , I got a lot of flack for commenting about sports or cultural events on social media or my video blog. A lot of people commented to “stick to wine” or that I’m just a “a wine guy.” They thought that talking about sports and world news was off-brand. Yeah, I know a crap-load about wine, but guess what?

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Teledyne Acquires CARIS

socalTECH

Thousand Oaks-based Teledyne Technologies announced Friday morning that it has acquired CARIS , a developer of software for processing and visualization sonar data and other information. Financial terms of the acquisition were not disclosed by the companies. CARIS, founded in 1979, was based in Fredericton, New Brunswick. CARIS offers up bathymetry, seafloor imagery and water column data processing, and other geospatial software used for processing sonar data, used heavily in the hydrographic an

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DJO Global Loses CFO

socalTECH

San Diego-based medical products manufacturer DJO Global announced this morning that its CFO, Susan Crawford, has decided to retire from the company. DJO Global said it will launch a search for a new Chief Financial Officer. Crawford has been CFO of DJO Global only since March of 2014, and prior to that had been at Life Technologies and Covad Communications, among other companies.

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CapLinked Links With Box

socalTECH

Los Angeles-based CapLinked , the provider of secure document sharing and virtual data room software, has linked up with document sharing service Box , according to the company. CapLinked said that it has joined the Box Platform Partners program, to aid in integrating both Box and CapLinked into its enterprise customers' workflow. Both companies provide secure cloud storage, however, CapLinked said its customers use the two products in very different and complementary ways.

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Evercar: Making EVs The Vehicles Of Choice For On-Demand Drivers

socalTECH

In the world of on-demand driving�such as driving for Uber and Lyft--one of the biggest costs for drivers it the cost of owning, maintaning, fueling, and cleaning their vehicles. What if there were a way to lower those costs, and making it more profitable�and easier�for driers? Los Angeles-based EverCar (www.myevercar.com) says it has done exactly that, by using both the inherent advantages of electric vehicles and experience managing large vehicle fleets.

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