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HemaCare Acquired For $380M

socalTECH

Northridge-based HemaCare , which develops products for the cell therapy market, has been acquired by Charles River Laboratories International , in a deal worth $380M in cash, the companies announced early this morning.

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HARMAN Acquired By Samsung Electronics For $8.0 Billion

socalTECH

billion in sales for the 12 months ended September 30th, a big portion in the automotive market. Harman has a large plant in Northridge, among other operations in the area. Samsung said the acquisition will help boost its presence in the infotainment, telematics, and sound management areas. Harman had $7.0 READ MORE>>.

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Valley Hackathon II

SoCal Tech Calendar

The Valley Economic Alliance is hosting Valley Hackathon II on Friday, September 23 from 9am-5pm at Cal State University, Northridge's Grand Salon. Valley Hackathon II's challenge and teams will be announced on morning of the event.

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Uber Launches In LA

socalTECH

Uber , the technology-enabled, private car service which is upturning the taxi and limousine business nationwide, has set its sights on a new market: Los Angeles. Uber's CEO, Travis Kalanick, is actually a Los Angeles native, having grown up in Northridge, saying in the blog post launching the service that he's a "3rd generation Angeleno".

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Harman International Shuts New York Offices

socalTECH

Harman International, a manufacturer of audio and entertainment products including Harman Kardon, Infinity, JBL, and other products, said Wednesday afternoon that it is shutting down its Woodbury, New York offices and consolidating them into its Northridge location.

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Gamma Medica-Ideas Raises $24M

socalTECH

Northridge-based Gamma Medica-Ideas , a developer of digital molecular imaging systems, said Tuesday that it has raised $24M in financing. Gamma Medica-Ideas develops digital imaging products, used for medical research and the drug discovery market, as well as for diagnosis of cancer in women.

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