Torrance Memorial Breached In Phishing Incident

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Torrance Memorial Medical Center said this morning that it has had an email security incident, which has allowed access to two email accounts containing sensitive personal information including names, dates of birth, address information, telephone numbers, medical record numbers, Social Security numbers, health insurance information, and other clinical/diagnostic information for patients. torrance memorial hospital security cybersecurity breach phishing

Parsons Opens Satellite Facility Near Torrance

L.A. Business Journal

Parsons Corp., the multibillion-dollar engineering and infrastructure firm, is opening a new facility in L.A. County to pursue the rapidly expanding space satellite business

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Intellisense Systems Weather Sensor In Evaluation In Torrance

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Torrance-based Intellisense Systems , a startup which is developing portable, 3lb micro-weather sensors to provide real time weather information, says it has signed up the City of Torrance Office of Emergency Services to evaluate its flood detection system and advanced weather sensor products. intellisense systems weather sensor torrance hardware flood

LivingSocial Shuts Torrance Facility, Cuts 400

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In a major Los Angeles area layoff, daily deals and offers service LivingSocial is closing a sales facility in Torrance, and cutting 400 employees throughout the company, as part of a restructuring. LivingSocial did not say how many employees cut were specifically in Torrance, but said the move cuts the company''s total workforce by approximately 20 percent. livingsocial torrance layoff jobs employment daily deals restructuring marketing

Silicon Beach Report June 19: Torrance Company Contracted by Homeland Security

L.A. Business Journal

Torrance company contracted by Homeland Security; Quest International expands in Europe; Scratchpay gets $6.4M in series A funding

Harvest Pack Takes Eco-Friendly Approach to Food Packaging

L.A. Business Journal

Torrance-based Harvest Pack Inc. has found an evergreen niche in the food packaging business

Canoo Plans Assembly Plant in Oklahoma

L.A. Business Journal

Torrance-based electric vehicle manufacturer Canoo Inc. plans to open an assembly plant in Oklahoma by 2023

Toyota Plans Artificial Intelligence Push

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Auto maker Toyota , which is headquartered in Torrance, says this morning that it is announcing how it plans to leverage artificial intelligence research in its next generation vehicles. toyota torrance artificial intelligene next generation vehicle

Fisker Previews First Electric Vehicle

L.A. Business Journal

Torrance-based electric vehicle developer Fisker Inc. will debut its first fully electric sport utility vehicle in January 2020

Canoo to Go Public in $600 Million SPAC Deal

L.A. Business Journal

Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital

Anti-Drone Directed Energy System Maker Epirus Raises $200M

L.A. Business Journal

Torrance-based Epirus Inc., which makes a microwave technology-based system to take out drones, announced Feb. 15 that it had raised $200 million in Series C funding, money that it intends to use to expand and to explore commercial power management applications for its technology

SEA Electric JV to Replace School Bus Engines With Electric Power Systems

L.A. Business Journal

SEA Electric Holdings in Torrance announced it’s working with an Illinois-based bus and van dealer on modernizing approximately 10,000 used school buses by replacing their diesel engines with its proprietary battery electric power system

Triumph Aerospace to Close L.A. Facilities, Lay Off 250

L.A. Business Journal

Triumph Aerospace will close two factories in Hawthorne and Torrance and lay off 250 employees beginning in December

GITAI Plans Space Robotics Test On ISS In 2023

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Torrance-based space robotics startup GITAI says that its robotics technology will be test on the International Space Station (ISS), on an upcoming mission to the space station in 2023. According to the company, it expects its extra-vehicular autonomous robot to be deployed externally on the Bishop Airlock. The company says its robotic arm is aimed at in-space servicing, assembly, and manufacturing in the vacuum of space. gitai space robotics robot international sation aerospace

Silicon Beach Report Jan. 10: Overwatch League-Twitch Deal Worth at Least $90 Million

L.A. Business Journal

Overwatch League-Twitch deal worth at least $90 million; artificial intelligence startup Oben raises $10 million; and Survios to open virtual-reality arcade in Torrance

Faraday Future Signs Lease on Central Valley Manufacturing Facility

L.A. Business Journal

Torrance-based electric car maker Faraday Future has inked a deal on a 1 million-square-foot manufacturing facility in the Central Valley, the company announced Monday

GITAI Shows Off Robotic Arm For Space

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Torrance-based GITAI USA, which develops space robots, says it has demonstrated a 10 meter, robotic arm designed for use in space. According to the company, its new GITAI S10 has successfully completed tests to meet NASA's level 3 "Technology Readiness Level" TRL. The company said it is looking to get the arm to underwater testing by March of 2023, which is NASA's TRL 6 (System/subsystem model or prototype demonstration in a relevant environment) qualification.

Compex Legal Services Names CTO

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Torrance-based Compex Legal Services, a provider of record retrieval services, said it has named Kevin Harbauer as Chief Technology Officer. Harbauer was most recently CTO and Head of Product and Technology at Ephesoft, and also has served at Healthwise and Trizetto. Compex Legal Services serves law firms and insurance carriers, by providing record retrieval, record summarization, and other related services.

CTO 109

CarParts.com Names New CTO

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Torrance-based online auto parts e-commerce company CarParts.com says this morning that it has named Kals Subramanian as its Chief Technology Officer. Sabramanian was most recently Vice President of eCommerce Technology at Lowe's, and previously served at Best Buy and Target. CarParts.com said that the hire is the first by new CEO David Meniane. The company's prior CTO shifts to the role of Chief Information Officer. carparts executive kals subramanian ecommerce

CTO 109

CarParts.com Adds Board Member

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Torrance-based e-commerce auto parts marketplace CarParts.com said on Wednesday that it has appointed Ana Dutra to its board of directors. Dutra is currently the CEO of Mandala Global Advisors, Inc., and also had been CEO of Korn/Ferry Consulting between 2007 until 2013. Dutra also has served on the boards of First Internet Bancorp, CME Group Inc., and Health, Harvest & Recreation. carparts board executive dutra mandala korn ferry

Former SpaceX Employees File Complaint With NLRB

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Eight, former employees of Torrance-based SpaceX have filed a complaint with the National Labor Relations Board, saying they were fired for drafting a letter complaining about Elon Musk. According to the New York Times, the workers are "most likely protected under the National Labor Relations Act, which gives them the right to self-organize and band together for collective bargaining" and "mutual aid and protection."

SpaceX 109

BQE Software Scores Private Equity Funding

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Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. Financial details of the investment were not announced. Serent Capital is a private equity investor that invests in technology and tech-enabled software companies. BQE develops time billing and project management software for engineering and professional firms, including the architecture industry. The company was founded by Shafat Qazi in 1995.

Phenomenex Acquired By Danaher

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Torrance-based Phenomenex , a manufacturer and distributor of consumables for the life sciences market, said today that it has been acquired by Danaher Corporation. Phenomenex will remain in Torrance, and continue operating under its current brand, personnel, and site locations. Financial terms of the acquisition were not disclosed. Phenomenex has more than 700 employees and sells a broad line of consumables used in the liquid and gas chromatography market.

Epirus Finds $200M For Directed, Anti-UAV Energy Weapons

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Torrance-based Epirus, which is developing directed energy weapons aimed at taking down unmanned aerial vehicles, has raised $200M in its Series C funding round, the company said Tuesday. The funding was led by T. Rowe Price Associates, Inc., and also included 8VC, Bedrock, Broom Ventures, EPIQ Capital Group, Gaingels, General Dynamics Land Systems, I Squared Capital, Moore Strategic Ventures, Parkwood, Piedmont Capital Investments, Red Cell Partners and StepStone Group.

BQE Software Adds HR Module

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Torrance-based BQE Software , a developer of accounting and project management software, says it has added a new module for managing human resources. According to BQE, it has launched Core HR, a new module of its BQE Core software that provides benefit tracking, salary history tracking, employee's journal and incident tracking, certification, awards, paid-time off and employee reviews. Pricing on the new module was not announced. READ MORE>>.

CarParts.com Expands Board

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Torrance-based CarParts.com , which operates an online marketplace for car parts, said this morning that it has added a new member to its board of directors. The company said that it has added Dr. Lisa Costa, Chief Information Officer at the U.S. Special Operations Command, to the board, to help bolsters its big data, cyber, and tech expertise. The company said Costa oversees a $1.2

Digital LA - Oktoberfest @ Alpine Village

SoCal Tech Calendar

Join us in celebrating Oktoberfest at Alpine Village, the authentic village and beer garden in Torrance which hosts the biggest Oktoberfest in SoCal. Sunday, October 21, 2012 -- Digital LA - Oktoberfest @ Alpine Village. See [link].

ISSC Acquired By Microchip Technology

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ISSC Technologies Corporation , a Taiwanese Bluetooth technology developer which has operations in Torrance, California, has been acquired by semiconductor and microcontroller company Microchip Technology , the two announced today. in cash for ISSC, which has customer service and research activities in Torrance, in addition to headquarters in Taiwan and other facilities in Shenzhen, China.

Phenomenex Acquires Micron Analitica

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Torrance-based a href="[link] , a developer of analytical chemistry products, said Tuesday that it has acquired its Spanish distribution partner, Micron Analytica S.A. Financial terms of the acquisition were not disclosed. Phenomenex said that Carloz Perez, the founder of Micron Analitica S.A., has become Director General of Phenomenex Spain as part of the deal. Phenomenex develops products for the analytical chemistry market. READ MORE>>.

Pelican Products Names Division President

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Torrance-based Pelican Products has named a new division president, saying that it has appointed Dave Williams as President of Pelican BioThermal Division, the company''s temperature controlled packaging products division. Williams replaces Tom Anderson. Williams was most recently VP of Strategic Initiatives for Pelican, and previously had served as VP of Capital and Engineering at Technicolor. He also had been at Nimbus.

Intellisense Systems Wins $4.89M USAF Contract

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Torrance-based weather sensor developer Intellisense Systems said this morning that it has been awarded a $4.89M contract from the U.S. Air Force, for the company's compact "Micro Weather Sensor" product. The company said its unattended, 3.5 pound sensor is being deployed by the USAF and Department of Defense for real-time situational awareness. The company said the sensor was originally developed for the U.S. Special Operations Command. Intellisense Systems, Inc.

DocMagic Buys eSignSystems

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Torrance-based DocMagic , which develops loan document preparation and compliance software, said Thursday that it has acquired eSignSystems , a provider of electronic signature products, from Wave Systems Corp. Financial terms of the buy were not disclosed. As part of the acquisition, DocMagic said it is bringing on the entire management team of eSignSystems to the company. Both companies serve the mortgage industry. READ MORE>>.

Sysrepublic Acquired By Appriss

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Torrance-based Sysrepublic , a developer of analytics software used by retailers to reduce shrinkage and returns fraud, has been acquired by Kentucky-based Appriss. Financial terms of the acquisition were not disclosed. Appriss said it will merge Sysrepublic into its retail division, The Retail Equation, focused on retail exception-based reporting and return fraud solutions. READ MORE>>. sysrepubic appriss merger acquisition software retail retailer shrinkage analytics

The Lundquist Institute Gets $1.75M

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Torrance-based The Lundquist Institute for Biomedical Innovation announced on Tuesday that it has received $1.75M as a donation, to fund a multi-site, clinical trial to evaluate the efficacy and safety of the compound psilocybin in individuals with severe psychological distress associated with a terminal medical illness.

Verengo Solar Sells Assets In Bankruptcy Sale

socalTECH

Torrance-based residential solar installer Verengo Solar announced late Friday that it has sold substantially all of its assets to Crius Solar Fulfillment LLC , which is a subsidiary of Crius Energy Corporation. Financial details of the sale were not announced. Crius Energy Corporation is a provider of electricity, natural gas and solar products to residential and commercial customers.

Pelican Products Names Consumer Marketing Chief

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Torrance-based Pelican Products said on Monday that it has named Jennifer Lim as its Director of Marketing for its Consumer Division. Pelican, best known for its protective cases, develops a range of products for the huntin and fishing, adventure, personal electronics, photography, and other markets. Lim has previously worked at Hyundai, Harmon/Karon, and Beats by Dr. Dre. Pelican says that Lim will be based out of its Long Beach office.

Pelican Rolls Out New iPhone Case Line

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Torrance-based Pelican , the manufacturer of high end protective cases, has rolled out its line of cases for Apple's new iPhone models. According to Pelican, it has rolled out a full line of cases, including the Voyager, Adventurer, Protector, Ambassador, Interceptor, as well as Pelican Shield for the iPhone X. The company's Pelican Shield for the iPhone X includes 5 layers of protection, including a layer of "military grade" Kevlar. Pelican is owned by private equity firm Behrman Capital.

Tocagen, Forte Biosciences In Merger

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San Diego-based Tocagen , which develops cancer-selective gene therapy aimted at treatking skin cancer, and Torrance-based Forte Biosciences , a biopharmaceuticals firm developing a live biotherapeutic for the treatment of inflammatory skin diseases, said on Wednesday that the two are in an agreement where Tocagen will merge with Forte in an all-stock transaction.

LiveOffice Names CFO

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Torrance-based LiveOffice , the provider of cloud-based email archiving and compliance services, said today that it has named Matt Hardy as the firm's new Chief Financial Officer. Hardy has previously served at Digital Insight and Credit Suisse, among other companies. LiveOffice is headed by Nick Mehta, and backed by private equity firm Summit Partners. READ MORE>>. liveoffice executive email archiving software compliance

Abalta Technologies Looks To Link Smartphones, Connected Cars

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Torrance-based Abalta Technologies , which develops software for the automobile industry, said this week that it has launched a new product which helps sync smartphone driving apps with any connected car. The firm said its new WEBLINK product allows smartphones to become the primary, in-vehicle computing device for cars. Abalta is targeting car manufacturers with its software. The company's CEO is Michael O'Shea, who has previously served at such companies as InfoGation and NAVTEQ.

Pelican Products Buys Minnesota Thermal Science

socalTECH

Torrance-based Pelican Products , the manufacturer of protective cases, flashlights and portable lighting systems, and other products, has acquired Minnesota Thermal Science (MTS) , a developer of temperature controlled packaging solutions. Financial terms of the buy were not disclosed. Pelican said that MTS will merge with its existing BioPharma division, and help bolster its products for the pharmaceutical and life science industries. READ MORE>>.

LiveOffice Names COO

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Torrance-based LiveOffice , which provides cloud-based email archiving and compliance software, announced today that it has named Jeffrey W. Hausman as its Chief Operating Officer. Hausman was most recently at HP, where he was leading the firm's HP StorageWorks Nearline organization. Hausman has also served at Symantec, Veritas, and Booz & Co. READ MORE>>. liveoffice email archiving software compliance executive veritas symantec

Flipswap Acquired By eRecyclingCorps

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Torrance-based Flipswap , which operates a consumer electronics buyback program, has been acquired by Texas-based eRecyclingCorps , the firms said today. Financial term sof the acquisition were not disclosed. eReclycpingCorps said that it has also acquired FlipSwap's interest in interest in Flipswap Services, LLC. Flipswap was venture backed by NGEN Partners and RRE Ventures. READ MORE>>. flipswap erecyclingcorps recycle cell phone buyback electronics tradein merger acquisition