San Diego Business Journal


BlueHornet Networks Creates New Digital Marketing Co.

Mission Valley-based BlueHornet Networks has purchased a complementary business to create a new digital marketing company called Mapp Digital LLC.

Execs From Cybersecurity Firm iboss Attend White House Summit

Two executives from iboss Inc., Richard Quinones and Stephen Clemons, went to Washington to take part in the White House Summit on Computer Science for All.

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Design Firm Ware Malcomb Opens Second San Diego Office

Irvine-based design firm Ware Malcomb has opened its second office in San Diego, located downtown at 600 B St., Suite 2070.

Rady Children’s Hospital, Five Other Medical Centers Form Consortium

Rady Children’s Hospital-San Diego has joined five other pediatric medical centers to form the Sanford Children’s Genomic Medicine Consortium, a collaboration intended to speed the integration of genomic medicine into pediatric care and otherwise support development of new medical treatments and cures for kids.

Southern California Gas Co. to Pay $4.3 Million to Settle Gas-Leak Charges

Southern California Gas Co., a utility owned by San Diego-based Sempra Energy, announced it has agreed to pay up to $4.3 million to settle accusations it neglected to notify authorities in a timely manner of a major leak at its Aliso Canyon natural gas storage facility in Los Angeles County.

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Steve Poizner Named Inaugural Entrepreneur-in-Residence at Rady School of Management

Serial entrepreneur and former California Insurance Commissioner Steve Poizner has been named the UC San Diego Rady School of Management's inaugural entrepreneur-in-residence.

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Chula Vista Apartment Property Sells for $19.5 Million

A San Diego buyer recorded as Mark Li LP has acquired a 96-unit apartment complex in Chula Vista for $19.5 million, according to CoStar Group and public data.

$1 Billion Federal Grant to Fund Mid-Coast Trolley Extension

The Federal Transit Administration has committed $1 billion toward a San Diego-area transportation project that, when combined with $1.1 billion from the TransNet half-cent sales tax, will extend the region’s trolley system 11 miles from Old Town to the University City community.

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Ken Song Named President/CEO of Biotech Metacrine Inc.

Metacrine Inc., a new venture launched by biotech bigwigs in San Diego last year, has appointed a new president and chief executive officer: Dr. Ken Song.

Miranda Toledano Chosen to Lead Corporate Development at Sorrento Therapeutics

San Diego’s Sorrento Therapeutics Inc., a public biopharmaceutical firm, has appointed Miranda Toledano as executive vice president of corporate development of Sorrento and president of LA Cell, Sorrento's joint venture with City of Hope.

Navy to Give SIO Up to $30 Million to Retrofit Research Vessel

The U.S. Navy announced on Sept. 12 that it will reimburse the Scripps Institution of Oceanography at the University of California, San Diego almost $30 million for the mid-life retrofit of the oceanographic research vessel Roger Revelle.

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Sempra Energy Announces Changes to Executive Team

Sempra Energy announced a string of executive changes, including the upcoming departure of President Mark A. Snell, as part of a leadership development and succession process that effectively reshuffles the Fortune 500 company’s top leadership without bringing in anyone from outside its ranks.

Startup MedCrypt Raises $750,000 in Seed Funding

Encinitas-based MedCrypt, a company that offers cybersecurity technology for medical devices, has raised $750,000 in seed funding.

County Employers Expect Moderate Job Growth in Q4

San Diego County employers plan moderate hiring overall in the fourth quarter to about the same pace they were expecting for the final three months of 2015, according to the latest results of the Manpower Employment Outlook Survey.

Federal Grant to The Maritime Alliance Intended to Boost Exports

The Maritime Alliance (TMA), an industry association based in San Diego, has been awarded a $296,705 federal grant intended to boost U.S. exports to France, Ireland, Korea and the United Kingdom.

Explora BioLabs Setting Up Shop in San Francisco

Explora BioLabs, a growing clinical research organization headquartered in San Diego, is expanding into South San Francisco.

Murphy Business & Financial Opens S.D. Office

Murphy Business & Financial Corp. LLC, a full-service business brokerage firm with more than 180 offices in the U.S. and Canada, recently announced the opening of a new office in Del Mar serving San Diego and surrounding communities in Southern California.

Couple Purchase Oceanside Photograph and Telescope

Oceanside Photograph and Telescope Inc. (OPT), a major supplier of astronomy equipment, has been sold to Dustin and Ginny Gibson. The couple bought the company from retiring industry veteran Craig Weatherwax.

Sempra U.S. Gas & Power Sells EnergySouth For $320 Million

Sempra U.S. Gas & Power, a unit of San Diego-based Sempra Energy, announced Sept. 12 it has sold the parent company of two natural gas distribution services in Alabama and Mississippi for $320 million in cash. The buyer, St. Louis-based Spire Inc., agreed to assume existing debt of $67 million as part of the deal.

Pentagon Awards Kratos Defense $54 Million Contract

Kratos Defense & Security Solutions Inc. announced on Sept. 12 that it received a $54 million contract to provide the U.S. Marine Corps with five Marine common aircrew trainers.