San Diego Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Yogurt Franchisor Prepares Smooth Transition for Growth Plans

VENDING: Co. Takes New Name, Begins to Seek Other MarketsFresh Healthy Vending International Inc. is renaming itself and splitting its franchises in advance of its release of its latest product, a frozen yogurt robotic kiosk.

By Katie Callahan May 23, 2016 2:24 p.m.   $$ Share

ViaSat Inc. Reports Q4 Net Income of $4.5 Million

ViaSat Inc., the Carlsbad company that sells satellite electronics and services to government and commercial markets, reported net income of $4.5 million (9 cents per share) on revenue of $372.0 million in the fourth quarter ended March 31. The business reported its earnings on May 24.

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Claire Long Named CFO at BlueHornet

BlueHornet, a San Diego-based email marketing software and services provider, announced Claire Long as its new chief financial officer.

LRAD Corp. Reports Q2 Revenue of $3.6 Million

LRAD Corp., the Rancho Bernardo maker of specialized loudspeakers used by militaries, law enforcement and governments, reported a net loss of $665,000, or 2 cents per share, on revenue of $3.6 million in the second quarter of fiscal 2016, which ended March 31. An income tax benefit of $547,000 cushioned the loss.

Headphone Company Makes a Safe and Very Sound Product

Some headphone makers make power their top priority. When they go to market, they promise an overwhelming sensory experience.

Navy Awards Cypher Analytics Five-Year, $28.8 Million Contract

The U.S. Navy awarded San Diego-based Cypher Analytics Inc. a contract that could be worth up to $28.8 million over five years.

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Edico Genome Secures Patent, Strengthens IP Position

Bioinformatics firm Edico Genome Corp. has landed its third foundational patent, the company announced Thursday. The patent further secures the company’s core technology, and may ease the minds of collaborators considering new applications for the tech.

TPT Global Tech Inc. Acquires Trucom Networks

Downtown San Diego-based TPT Global Tech Inc. said it acquired Trucom Networks, a competitive local exchange carrier in Arizona and Nevada. Terms of the deal were not disclosed.

Franklin Wireless Reports Q3 Net Sales of $14.1 Million

Franklin Wireless Corp. reported net income of $391,000 on net sales of $14.1 million during its third quarter, which ended March 31. The San Diego business filed its statement with securities regulators on May 16.

Abacus Data Systems Acquires Amicus Attorney

Abacus Data Systems Inc. announced on May 17 that it acquired Toronto-based Amicus Attorney, a practice management solution for lawyers. Financial terms of the transaction were not disclosed.

San Diego Ranks Third Nationally for Clean Tech Leadership

San Diego ranked third in a national clean tech leadership index released May 17 by Clean Edge Inc.

Irvine’s Synoptek Opens New San Diego Location

Synoptek, an Irvine-based IT managed services provider and cloud solutions firm, announced it is expanding its presence in San Diego and opening a new office.

Novatel Wireless Inc. Posts Q1 Net Loss of $11.9 Million

Novatel Wireless Inc. reported a net loss of $11.9 million on total net revenues of $66.9 million in its first quarter.

Report: Health Care Sector Remains Main Draw for VCs in First Quarter

Venture capital dipped slightly for San Diego companies, according to a first-quarter report from Cushman & Wakefield. The health care sectors, however, are still stealing the show.

IBM, UCLA Form Partnerships With S.D Firms

Two firms in San Diego County announced partnerships Thursday, one with tech giant IBM and the other with the University of California, Los Angeles.

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Drone Technology Gives Farmers A More Precise ‘Field of Vision’

SOFTWARE: Sensors Used to Identify Various Problems in Crops

Drones can’t deliver your supper — not in U.S. airspace — but they have already worked their way into the food chain.