After acquiring most of Dallas-based Oncor earlier this year, San Diego-based Sempra Energy wants to build on its investment in Texas with an investment totaling more than $1 billion in publicly traded InfraREIT.
Kazuhm, a distributed computing platform, recently was added to the portfolio of local fund Analytics Ventures.
This year, California overtook the U.K. to become the fifth-largest economy in the world, while also announcing it had hit its goal of reducing greenhouse gas emissions below 1990 levels four years ahead of schedule.
San Diego’s residential real estate market for single family homes is cooling down, with some brokers reporting that homes are taking longer to sell than they did just a few months ago and rising mortgage rates are putting a crimp on sales.
Intense demand for industrial property has drawn the return of a player to the South County industrial market — Majestic Realty Co.
TECH: Co.’s Core Business Is Solid; It Rejects Merger
Mitek Systems Inc.’s stock has not fully recovered since the company announced the departure of two of its top executives, CEO James DeBello and chief financial officer Jeff Davison, on Aug. 28.
DINING: Capital Facility Is Expected to Fund 25 More Locations
While some local fast-casual restaurants owners may be scratching their heads trying to keep cost downs as the minimum wage continues to go up, Saad Nadhir, co-founder of San Diego-based Urban Plates, isn’t too worried.
DEFENSE: Viasat Gets System in Hands Of Troops in 17 Months
Viasat Inc. did not take the conventional path to developing the handheld radio known as BATS-D, which soldiers on the ground use to call in airstrikes on enemy positions.
Say you had a friend visiting from out of town. Where would you tell them to stay, shop and eat? Jordan Glazier, founder of San Diego-based Wildfire Systems Inc., is counting on these recommendations for a new e-commerce platform that incentivizes users to share their favorites.
GreatCall, a San Diego-based mobile device company, will partner with a Massachusetts insurer to monitor the health of at-risk seniors.
Viasat Inc. said on Oct. 15 that its in-flight satellite connectivity equipment will be a factory-installed option in Gulfstream G280 business jets.
DEFENSE: Particle Separator May Save Filters and Engines
Lily Aragon’s company has Southern California written all over it.
San Diego leaders are looking to build a pipeline of angel investors through a new pitch contest. Comparing angel investors, which often consist of well-connected individuals, or an entrepreneur’s friends and family, and venture capitalists, which make much larger, organized investments, San Diego sees a smaller ratio of angel investment to venture capital than the national average.
Janelle Ayres, an associate professor with Salk Institute for Biological Studies who is taking on challenges posed by infectious disease and antibiotic resistance, earlier this month landed a $3.5 million National Institutes of Health grant.
News from the board room: Viasat recently invited one of its longtime investors, Baupost, to take part in its board meetings as a non-voting observer. Why might they do such a thing? Baupost is an investment fund with about $30 billion in assets under management. A recent filing states they have a 23.06 percent stake in Viasat and are an active investor as opposed to a passive investor.
MARKETING: Boutique Firm Does Multimedia, Innovation
Earlier this year, when the University of Notre Dame was looking to hire a company that could help with its unique marketing and multimedia initiatives, the Indiana-based university didn’t tap major players in the collegiate world like IMG College or Learfield.
The U.S. Navy issued a preliminary contract that will let General Dynamics NASSCO build a sixth in a series of ships for expeditionary warfare.
Qualcomm Inc. and the Federal Trade Commission requested a delay of a preliminary ruling to pursue settlement talks.