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Teledyne Buys Majority Stake In Nova Sensors

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Thousand Oaks-based Teledyne Technologies said this morning that it has acquired a majority interest in Solvang-based Nova Sensors. Financial terms of the deal were not disclosed. Nova Research designs camera electronics, infrared camera systems, and integrated circuits. READ MORE>>.

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Xirrus Launches Chassis-based Wireless Switch

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Thousand Oaks-based Xirrus is expanding its product line today, saying that it has launched a new, chassis based modular wireless switch. Xirrus also said it expects the chassis to support new wireless technology when it is introduced. Pricing on the new chassis product was not announced. READ MORE>>.

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SoCal Racks Up Another Successful IPO

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Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday.

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And Then There Were Three: RealD Hits Markets Today

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RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. shares of its common stock.

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ReachLocal Up 15 Percent After IPO

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per share, after pricing below its initial offering range on Wednesday evening, and had traded as high as $15.26 Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 percent after its IPO Thursday, closing at $14.98, up $1.98. The firm sold 4,166,667 shares of stock at $13.00

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Interview with Brett Crosby and Brew Johnson, PeerStreet

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I grew up in Thousand Oaks, went to USC, and we met each other way back in the 90's. We said, let's create a technology marketplace and platform that creates benefits for those existing lenders, as well as investors. Those loans are very mis-priced, in our opinion. Brett and I both grew up in Southern California.

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Makers Making The Sci-Fi Tricorder A Reality With VOXearch

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Unfortunately, those providers decided the gold leads were expensive, and decided to use a Chinese vendor which would provide them at half price. They wanted to do 3-D X-rays, but at the time, there was not technology available to do that. So imagine, they''d just pfft and kill the guy. We have city and school support for that.

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