SDBJ WEEKLY EDITION
TECH: Virtualization Platform Gets Product Delivery Infrastructure
The merger of San Diego-based Overland Storage into Sphere 3D Corp. of Canada, completed earlier this month, creates a business with about $100 million in revenue, but the upside is much greater, said Eric Kelly, chairman and chief executive of Sphere 3D.
RETAIL: Offering Healthful Snacks Part Of a Changing Market
That vending machine you hit up for that late afternoon pick-me-up may be changing its stripes. Out with sugary sodas and candy; in with organic juices and Cliff bars.
CLEAN-TECH: Lighting Company Cuts Energy Costs, Reduces Carbon Emissions
The Vista-based lighting company that championed natural light fixtures inside homes has taken on larger, more powerful designs that could reduce electric bills for large facilities and cut down on carbon emissions.
property: Defense, Biotech, Tourism and Tech Are Region's Engines
Technology, biotech, defense and tourism – and various combinations of all four – are expected to have a continued strong impact on local real estate demand in 2015 and beyond, said experts at a recent symposium on the subject.
SOFTWARE: Partnership Possibilities Include the Military, Internet Companies
Deacon Johnson approaches his software business with the righteous indignation of a parent.
Geneva Health Care Inc., a San Diego-based medical technology company, announced that Sharp HealthCare will begin using the Geneva Healthcare Suite, a technology platform for managing data from cardiac devices.
BIOTECH: Efforts Backed By Grant From a Foundation
San Diego 3-D bioprinting company Organovo Holdings Inc. and Yale School of Medicine, Department of Surgery have formed a collaboration to develop bioprinted tissues for surgical transplantation research, according to a recent news release.
REAL ESTATE: New Executive Director Replaces Retiring Mark Riedy
University of San Diego’s School of Business Administration has named Stath Karras as the new executive director of the school’s Burnham-Moores Center for Real Estate, effective Jan. 19.
The great Yogi Berra once lamented, “It’s tough to make predictions, especially about the future.”
ECONOMY: Long-Term Deals Lock in Prices for Some Buyers
The recent spectacular decline in oil prices might make a casual observer assume that businesses and institutions that run fleets are all saving money.
PROPERTY: Projects Include Mix of Industries and Services
San Diego’s University Towne Center will see a slew of new commercial projects completed over the next three years — with office, retail and hotel elements on the way — as the neighborhood moves well beyond its longtime role as a “second downtown” for financial services providers.
RETAIL: Carlsbad Site to Be Open-Air ‘Lifestyle Center’
The 12-screen luxury movie theater that recently opened at Westfield Group’s mall in Carlsbad marked the first completed feature of a $300 million overhaul being undertaken by the global shopping center operator.
BIOTECH: Dehydration Detection Is Leading Co. To Other Types of Sensors
Electrozyme LLC, a local startup that has attracted the financial support of Dallas Mavericks owner Mark Cuban, has developed a technology for fitness-related wearable devices that will tell users when they are nearing dehydration — and what to do about it.
Rady Children’s Hospital-San Diego has announced plans to build a new medical office building on four acres of land in Murrieta.
There are two new entries into the San Diego air transport scene offering regional flights from San Diego or Carlsbad via single engine turboprop powered aircraft to locations in California and soon to Mexico.
This exceptional property high on a bluff in eastern Cardiff-by-the-Sea provides all the sprawling grandeur of a luxury estate with the comfortable beach vibe of Cardiff.
United Cerebral Palsy announced that the tribute dinner honoring biotech pioneer David Hale of Hale Biopharma Ventures as the “Life Sciences Leader of the Year” raised more than $145,000.
The nation’s banking industry is apparently well back into the black, and making higher profits.
LEADERSHIP: CFOs Are Increasingly Involved in Strategy, Operations and Business Development
They’ve got their fingers on just about every facet of a company, likely know where all the skeletons are buried and are wearing more hats these days.
Cymer LLC introduced a new laser light source, an essential component for the machines that turn out microchips, this month.
Veterans Village of San Diego is nationally recognized as an organization that successfully serves homeless veterans.
It’s fair to say that Steven Dowdy, the co-founder of Solstice Biologics Inc. and an academic scientist at the University of California, San Diego, has experienced more career-related drama than normal, even for a biotech businessman.
GAMING: State Sues Santa Ysabel Tribe Over Bingo Website
Two local American Indian bands raised their profiles recently, as one put its name out to New Jersey gambling enthusiasts, and the other drew legal fire from California’s attorney general.
Downtown San Diego has recently seen its share of apartment property deals and new projects with dollar values in the tens and hundreds of millions.
The U.S. Navy has teamed up with Arizona State University to create a new technology transfer organization in San Diego.
AUDIT: Remaining $2.2M of 2003 Kroc Gift Now in Cash Account
As it embarks on its 50th season next month, the revived San Diego Opera said ticket sales are doing better than expected and it’s closing in on meeting a fundraising goal.
TOURISM: Renovation Seeks to Attract Share Of Overnight Visitors
Capping a $22 million acquisition and renovation of Kona Kai Resort & Marina, owner Noble House Hotels & Resorts Ltd. recently opened what it says is a first for Shelter Island – a full-service luxury spa.
BIOTECH: Verdezyne Makes Alternative To Petroleum-Based Products
Verdezyne Inc. has secured $75 million in debt financing to further its work in renewable chemicals – a development that may cut down on pollution and provide eco-friendly options for products traditionally made from petroleum-based chemicals, such as athletic apparel and carpets.
Imprimis Pharmaceuticals Inc., a San Diego-based company focused on drug combinations, has entered into an agreement to acquire South Coast Specialty Compounding Inc., doing business as Park Compounding, for $4.137 million in cash, stock and deferred payments, according to a recent regulatory filing.
Palomar Health Foundation has appointed Jean Larsen, who helped raise more than $150 million at Rady Children’s Hospital Foundation, as president and chief philanthropic officer.