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INDUSTRY-SPECIFIC NEWS STORIES:

Is downtown San Diego the right place for a new Chargers stadium?

Yes.
No. They should keep looking.

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Posted date: 12/5/2006

New York Fund Buys Aplus.Net

Aplus.Net, a San Diego-based company offering Web hosting, Web design and related services, said Dec. 5 that it was acquired by Catalyst Investors, a New York-based private equity fund, for an undisclosed price.

The company that was founded by Ivan and Lilian Vachovsky in 1995 had 300 employees and offices in Sacramento, Phoenix, Sofia, Bulgaria, and Manila, the Philippines. Ivan Vachovsky revealed last year that annual revenue was about $20 million.

Industry veteran Gabriel Murphy is a co-investor with Catalyst in the company and serves as chief executive. The Vachovskys will retain an ownership stake that wasn’t quantified, and Ivan Vachovsky will serve on the firm’s board of directors.

Murphy co-founded CommuniTech.Net in 1997 and sold it to Web.com in 2002, according to a press statement.

— Mike Allen

» Link to this article

February 8-14, 2010

CONNECT Goes to Washington
Most high-tech entrepreneurs and innovators don’t have time to put on a tie and sit through a three-hour meeting about policy issues in Washington, D.C. They are too busy creating the next generation of digital mobile applications and lifesaving health care products, and creating jobs for the new innovation economy. There has not been a strong voice or presence in the nation’s capital to represent these innovators, who neither have the money nor bandwidth to lobby or educate representatives on their needs and interests — until now.

S.D. Companies Race to Build Gene Machines
Technology contenders in the race to decode a person’s entire genetic makeup for less than $1,000 have been making gains in recent months, signaling that the finish line isn’t far ahead.

Conference Focuses on Methods to Combat Cyber Attacks
The creative and destructive power of the Internet emerged as a major topic of the West 2010 military conference, sharing the stage with more time-honored topics such as ships and naval strategy.

Scripps Health Issues $220M in Revenue Bonds
Scripps Health, currently in the middle of a building spree intended to bring its aging health care facilities up to date while accommodating future population demands, sought help financing its projects through the public markets last week.

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