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Two Local Firms Make WSJ Clean Technology List

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The Wall Street Journal, at a conference in Santa Barbara this week, named its list of "Top 10" clean technology firms, naming two local companies to the list of firms with the "greatest potential to succeed."

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. The move is an interesting one, given the number of Southern California technology companies trying to go the other direction, and to hit the public markets.

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Aptera Considering Production Move Out Of State

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Aptera said that despite looking to continue its plans for a plant in North San Diego County, but that the "potential is stronger elsewhere" due to structural costs of being located in the San Diego area. Aptera is backed by Idealab, Google, Esenjay Investments, The Simons Family, and The Beall Family Trust.

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Flux Power Spins Out Of LHV

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San Diego-based LHV Power , a supplier of power supplies to the electronics and medical instruments markets, said late Thursday that it has spun off a new company called Flux Power , which will focuse on Lithium battery technology management, including smart charging systems and related systems.

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Sorenson Media's Csathy Departs To New Digital Media Effort From Manatt

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Peter Csathy , the CEO of San Diego''s Sorenson Media , and digital media veteran, has departed the company, and will head up a new legal and investment group formed by Manatt, Phelps & Phillips. Boggs helped open up Manatt''s Silicon Valley office in 1998 and San Francisco offices in 2007.

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Eleven of Southern California's Firms In The Alternative Vehicle Market

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Boone Pickens; Aptera Motors , in Carlsbad, which has funding from Google and Idealab; and Phoenix MC , based in Ontario. On the automobile side, there are at least six Southern California companies also working on their own, electric or other alternative vehicles, competing against Tesla and the traditional carmakers.

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X Prize Awards $10M In Progressive Automotive X Prize

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Southern California's only finalist in the Automotive X Prize, Aptera , which is based in San Diego and backed by Idealab, did not win, but was being displayed at the announcement in Washington, D.C. Edison2 won the $5M mainstream class for the prize, the Li-ion entry received $2.5M alternative tandem class. READ MORE>>.

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