SD FINANCE

Lawn Love Sold To Austin Co.

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.

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Vacation Rental Management Platform Expands Local Portfolio

TOURISM: Vacasa Acquires La Jolla’s Seabreeze Vacation Rentals

Vacasa, a vacation rental management platform, wants a bigger piece of the Southern California sunshine.

San Diego-based BioSurplus Merges to Form Copia Scientific

BioSurplus CEO to become head of the combined company

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Illumina Moves Forward with Acquisition of GRAIL

GRAIL will remain a separate and independent unit, pending ongoing regulatory and legal review

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Sempra Earns $424M in Q2, Has Big Plans for Texas

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.

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Viasat Quarterly Revenue Hits a Record $665M

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.

Solana Beach E-Commerce Startup Raises $15M

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.

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Seven Top San Diego Leaders to Receive Director of the Year Awards

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.

Illumina Sees Record Growth

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.

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Middle Class Housing Fund Started

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.

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Wiliot Series C Totals $200M

TECH: Products Report Temperature, Location

Wiliot has secured $200 million in venture capital to build its business of connecting everyday things.

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SOCi Makes First Acquisition

TECH: Co. Grows Market Leadership

SOCi, a business-to-business software firm that caters to multi-location marketers, has acquired Brandify.

Del Mar Investment Firm Acquiring Church’s Chicken

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.

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Qualcomm Posts Strong Revenue

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.

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Deloitte Invests in Cybersecurity

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.