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Report: Snapchat Discussing IPO With Bankers, Eyes IPO Next Year

socalTECH

Venice, California-based Snapchat has begun discussing an IPO with bankers, but has yet to select an investment bank to lead the effort, according to a report on Wednesday. Snapchat reportedly is looking at an IPO towards the end of this year or in early 2017. READ MORE>>.

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NTS Gets Boeing Contract

socalTECH

Calabasas-based National Technical Systems , a provider of engineering services, reported today that its Test Systems Engineering Division has been selected by Boeing. NTS said the fixed price contract goes until January of 2011. NTS provides engineering services to the defense, aerospace, telecom, automotive, and high tech markets.

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Energy Innovations' Assets On The Block

socalTECH

Energy Innovations had originally been targeting the residential market with its CPV panels, which it had expected to be more efficient and cheaper than conventional solar panels; however, the firm failed to deliver its products before prices for PV modules dropped due to economies of scale, plus competition from China and thin film modules.

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Thanks to our sponsors!

socalTECH

Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County High Tech Report. Yarnell Design (www.masonyarnell.com/tech). www.socalip.com) Focused on high tech's unique need - Pragmatic cost-effective IP portfolio management - U.S. Safire Partners (www.safirepartners.com).

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. PRICE FIGHTS. With some caveats, ICER recommended lower prices. Shares immediately fell more than 40 percent. —The U.S.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

They estimate that high-tech work contributes $108.3 What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies. billion dollars of regional GDP. But even this is changing.

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Putting Tom Perkins Comments into Context

Both Sides of the Table

There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them. We have outrage over the rising real-estate prices which these “techno geeks” can pay.

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