According to a news release, the purchase price is $75 million in cash and up to $22.5 million in incremental earnout.
Canopy Rivers Inc. invested in ZeaKal, a San Diego startup developing technology to make plants more photosynthetic.
Co. Sees Those Leaders as Better Suited for Pursuing Biotech, Fintech and Medtech
A Brazilian software firm opened a new headquarters in San Diego. NTConsult, which has roughly 200 full-time employees between Brazil, Peru, Uruguay and the U.S., is building an executive team out of its new offices in Sorrento Valley.
According to a press release, while both restaurants will operate separately for now, the merger makes the combined businesses California’s largest organic and plant-based quick-serve company.
Jack in the Box Inc. announced on June 17 that some of its subsidiaries will complete a refinancing of its existing senior credit facility with a new, $1.45 billion securitized financing facility.
Plan Is to Out-Tech, Outprice Competition; Co. Taps Crowdfunding
One moment on a road trip inspired car enthusiast Marko Mandaric to found his startup, Bmmpr. He and his wife were driving to Seattle, and stopped briefly at a grocery store.
Sempra Energy, the San Diego energy services company, announced a dividend of 96.75 cents per share, payable July 15 to shareholders of record on July 5.
The San Diego offices of HFF secured financing for the sale and renovation of two Los Angeles apartment buildings for an undisclosed price.
According a news release, the senior credit facility is comprised of an outstanding term loan of $315 million and revolving credit facility of $739.4 million.
New properties sold. A Normal Heights apartment building has been sold for nearly $2 million.
Company Partners To Build Creekside Apartments in Vista
San Diego’s Pathfinder Partners has just finished construction of Creekside Apartments adjacent to the Vista Village shopping center in Vista and has nearly finished a second Vista apartment project at Melrose Drive and Breeze Hill Road.
Companies Encouraged To Find Ways to Make Social Impact
Two local finalists competed at the University of San Diego’s Fowler Global Innovation Challenge recently.
Company's Platform Integrates Stages of Design
Darren Charrier and Faris Hamdi had interplanetary ambitions when the two founded Voyager Space Technologies. Both undergraduate students studying aerospace engineering at UC San Diego, the two had sought to create a robotic spacecraft that could extend the life of dying satellites.
Local Companies Get Network of Support and Space at WeWork
After serving in the U.S. Army for 12 years, Yolanda Clarke struck out to start her own business.
Poway Biz Covers Mind, Body With Its Offerings
For years, when Lillian Markowitz went for her float therapy sessions, she noticed she just couldn’t get out of her own head.