TECH: Acquisition Creates Strategic Powerhouse
LawnStarter, the leading provider of on-demand lawn and outdoor care, has acquired San Diego-based Lawn Love Inc. for an undisclosed amount in a cash-and-stock deal.
TOURISM: Vacasa Acquires La Jolla’s Seabreeze Vacation Rentals
Vacasa, a vacation rental management platform, wants a bigger piece of the Southern California sunshine.
BioSurplus CEO to become head of the combined company
GRAIL will remain a separate and independent unit, pending ongoing regulatory and legal review
ENERGY: Capital Expenditures for Oncor Unit Rise to $14 Billion in 2022-2026
Sempra (NYSE: SRE), the energy company with a major focus on transmission and distribution in the southwestern United States, earned $424 million on revenue of $2.74 billion during its second quarter ended June 30.
TECH: Satellite Services Co. Forecasts Top Line Growth Through Early 2023
Satellite services company Viasat Inc. (Nasdaq: VSAT) posted record revenue of $664.9 million in the quarter ending June 30, the first quarter of its 2022 fiscal year.
TECHNOLOGY: Wildfire Systems Expands Offerings, Grows Headcount
Solana Beach-based Wildfire Systems, a company that offers a white-label rewards platform for online shopping and Internet referrals, has raised $15 million in venture capital funding.
LEADERSHIP: Executives to Be Honored by Corporate Directors Forum
Corporate Directors Forum will be honoring seven of San Diego’s top boardroom directors at its Director of the Year Awards on Thursday, Sept. 9, outdoors at the Hyatt Regency La Jolla.
BIOTECH: Co. Pulls in $1.13 Billion in Q2
Illumina, a leader in DNA sequencing and array-based technologies, posted a record $1.13 billion in revenue during its second quarter, largely driven by growing demand for DNA sequencing technology.
FINANCE: Massive Market Seen for This Income Range
Deborah Norwood Ruane, a former executive vice president of the San Diego Housing Commission, has started a new fund - Middlemarch Fund - to help develop middle class housing.
TECH: Products Report Temperature, Location
Wiliot has secured $200 million in venture capital to build its business of connecting everyday things.
TECH: Co. Grows Market Leadership
SOCi, a business-to-business software firm that caters to multi-location marketers, has acquired Brandify.
RESTAURANTS: High Bluff Capital Partners Now Owns Over a Billion Dollars in Acquisitions
High Bluff Capital Partners LLC, a Del Mar-based private investment firm, has entered into a definitive agreement to acquire Church’s Chicken, the Atlanta, Georgia, headquartered fast food restaurant chain that specializes in fried chicken.
TECH: Stock Up 65%, Co. Benefits From Global 5G Rollout
Qualcomm Inc., the largest makers of chips that run the computer and radio communication functions in smartphones, posted strong revenue and earnings for its fiscal third quarter.
TECH: Will Serve Federal Client With Acquisition
Deloitte increased the size of its San Diego operation by about 30% and augmented its capability in cybersecurity and systems engineering by acquiring privately held Sentek Global in a deal announced on July 26.