An affiliate of San Diego-based Hotel Investment Group has acquired the 157-room Marina Inn hotel in downtown San Diego for $9.5 million.
Revenues at the Salk Institute for Biological Studies in La Jolla totaled $134 million in the fiscal year that ended June 30, up 13.5 percent from the previous fiscal year.
Reliant Funding, a rapidly growing alternative lending company based in San Diego, has hired Paul Norman as chief financial officer.
Local nonprofit Connect, San Diego’s oldest startup accelerator, has won a contract to partner with the city on a new publicly-funded accelerator program for startups.
La Jolla-based PICO Holdings Inc. has hired a financial advisor and legal counsel to explore “strategic alternatives to further enhance shareholder value,” an announcement which typically signifies interest in a merger, sale or other significant transaction.
Drugmaker Zogenix Inc. saw its value more than double over the weekend, so those following San Diego biotech might think the local company is making a comeback.
Seacoast Commerce Bank has acquired San Juan Capistrano-based Capital Bank.
San Diego-based Ron’s Pharmacy and Guardian Pharmacy have acquired Anaheim Plaza Pharmacy.
An index of leading economic indicators in San Diego County rose 0.1 percent in August, compared to the previous month.
Mama’s Kitchen announced that it was selected as a “Nonprofit of the Year” at a celebration for California Nonprofits Day at the state Capitol in Sacramento. The San Diego-based nonprofit was honored alongside the other award recipients for its commitment to preparing and delivering three nutrition-specific meals a day, every day of the year, free of charge, to men, women and children affected by AIDS, cancer or other illnesses throughout San Diego County.
Cleantech startup Aquam LLC took home first place — and $5,000 in prize money — at this year’s Hera Venture Summit.
In a city sometimes criticized for its lack of startup resources, tech company Qeepsake is leveraging virtual programs to help it grow.
Three General Electric employees have filed a lawsuit in federal court in San Diego, alleging the company’s retirement fund investments breached its fiduciary duties, leading its employees to suffer hundreds of millions of dollars in losses in retirement savings.
Arcturus Therapeutics, a small San Diego biotech company, has maneuvered onto the public markets by merging with a public (and near-defunct) pharmaceutical company in Israel.
Kyriba Corp. said on Sept. 27 that it received a $45 million strategic investment led by Sumeru Equity Partners.