San Diego Business Journal


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

Achates Power Seems to Be On the Right Road for Growth

Achates Power Inc., the Sorrento Valley company working on a fuel-efficient diesel engine design, said early this month that it added a fifth-leading global manufacturer to its client list. A nondisclosure agreement prevents Achates from naming the client, a spokesman said.

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Port Leveraging Sea of Data in Its Green Technology Initiative

CLEAN-TECH: Its Administration Building Is Seen as a Potential Model

The Port of San Diego has teamed up with local trade group Cleantech San Diego and a slew of “Internet of Things” technology companies in hopes of being cleaner and greener — and saving some money along the way.

Connequity’s Platform Introduces Matchmaking for Networking

SOFTWARE: Company Uses Algorithm to Generate Warm Leads for Clients

Connequity, a newly launched online platform, hopes to take business networking to a new level.

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For ecoATM, Change Brings Opportunity

TECH: Acquisition Doesn’t Dampen Company’s Drive

When Outerwall Inc. acquired San Diego startup ecoATM last year, it promised to keep the operation here and grow it.

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Halozyme Therapeutics, Janssen Biotech Sign Agreement

Halozyme Therapeutics Inc., a San Diego-based biopharmaceutical company, will receive $15 million as an initial payment from Pennsylvania-based Janssen Biotech Inc. as part of a collaboration and license agreement to develop and commercialize products combining Halozyme’s technology with Janssen’s compounds.

Teradata Corp. Completes Acquisition of RainStor

Teradata Corp., an Ohio-based public company with about 1,000 employees in Rancho Bernardo, said it completed the acquisition of RainStor, a business specializing in online big data archiving.

Three Investors Contribute $2 Million to EdgeWave Inc.

San Diego-based EdgeWave Inc., which makes cyber security software, said on Dec. 17 that three investors contributed $2 million more to the company’s series A funding round. EdgeWave is pulling together funds to expand the company.

Applied CleanTech Says UK Pilot Project Promising

Applied CleanTech, a company developing a sewage recycling technology in San Diego, announced promising results of a pilot project conducted with Scottish Water.

Business Confidence Rose in November, Index Finds

A Business Outlook Index for San Diego, a measure of local business confidence prepared for the San Diego Regional Chamber of Commerce, increased 2 points in November over the prior month to 26.8, led by a hefty rise from businesses in the cyber security industry.

Rock My World Adds New Feature to Music App

Downtown-based Rock My World has trotted out a new feature on its RockMyRun music app for iPhones — one that plays tunes in synch with a listener’s heartbeat.

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Steve Martin Appointed CFO of Applied Proteomics Inc.

Applied Proteomics Inc., a San Diego-based developer of protein-based molecular diagnostics, announced the appointment of Steve R. Martin as chief financial officer.

Biocept Inc. Granted Patent by South Korea

San Diego-based Biocept Inc., a molecular oncology diagnostics company, announced that it has been granted a patent in South Korea for its microfluidic channel technology used to capture circulating tumor cells.

Qualcomm to Invest $40 Million in Four Chinese Companies

Qualcomm Inc. said on Dec. 11 that it plans to put $40 million into four promising Chinese companies working in the mobile and wireless space, as well as a fund for China-based companies in the semiconductor space.

Peregrine Completes $471 Million Sale to Murata Electronics

Peregrine Semiconductor Corp., the San Diego maker of chips found in wireless devices and networks, completed its sale to Japan-based Murata Electronics North America Inc. in an all-cash transaction valued at $471 million.

Ex-Qualcomm Executive Joins San Francisco Startup

Rob Chandhok, a former senior vice president with Qualcomm Technologies Inc. who left the company earlier this month, broke his silence about his future plans.