article thumbnail

Xirrus Ties With Sales Software Provider

socalTECH

Thousand Oaks-based Xirrus , the developer of high performance wireless networking equipment, is tapping into Relayware , a provider of collaboration and communicaitons software as part of its sales efforts, the firms said Thursday.

Sales 138
article thumbnail

Teledyne Cuts Outlook On Sales Slowdown In Energy Markets

socalTECH

Thousand Oaks-based Teledyne Technologies said this morning that it is cutting its outlook for the third quarter and full year, due to decline in sales in energy-related products. The company also blamed a strong U.S. dollar and "challenging" capital spending environment impacting its results.

Sales 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amgen Acquires Otezla for $13.4 Billion

socalTECH

Thousand Oaks-based Amgen announced this morning that it is acquiring Otezla , the anti-inflammatory drug used to treat psoriasis and psoriatic arthritis, which is currently owned by Celgene Corporation , in a deal worth $13.4 billion in sales in 2018. billion in cash. billion net of anticipated future cash tax benefits.

article thumbnail

Xirrus Snags Sales Exec From Juniper

socalTECH

Thousand Oaks-based Xirrus , which develops Wi-Fi networking equipment, said today that it has hired Hayley Tabor, the former Senior Vice President of U.S. Enterprise Sales for Juniper Networks, as its new Vice President of Worldwide Sales. Tabor has also served at CA.

Sales 140
article thumbnail

Amgen And AbbVie In Legal Settlement

socalTECH

Thousand Oaks-based Amgen and AbbVie have settled a series of lawsuits against each other, saying this morning that they have agreed to resolve all pending litigation regarding AMGEVITA/AMJEVITA, a biosimilar which is based on AbbVie's Humira (adalimumab).

article thumbnail

Teledyne Sells Printed Circuit Board Unit

socalTECH

Thousand Oaks-based Teledyne announced this morning that it is selling off its printed circuit board business, Teledyne PCT , to FTG Circuits. Teledyne said the sale will help it continue to focus on "high-technology, proprietary engineered products". The deal is worth $9.3M in annual revenues for each of the last three years.

article thumbnail

Nexsan Names Sales Head

socalTECH

Thousand Oaks-based Nexsan, a developer of storage hardware products, has appointed a new Chief Commercial Officer, the firm disclosed Monday. Nexsan said that Michael McGuire has joined the firm, reporting to CEO Philip Black, and will be in charge of worldwide sales, marketing, and business development. READ MORE>>

Sales 100