After Qualcomm Inc. bought his first startup for $300 million, a company that made wireless chipsets, Wilocity founder Tal Tamir had another big idea. His newest company, Wiliot, is focused on making tiny, sticker-sized Bluetooth sensors that can be sold at less than a cent apiece.
TECHNOLOGY: Qualcomm Moves on Automotive Business as Smartphone Sales Slow
Look closely enough, and you might see Qualcomm Inc. testing self-driving cars on its Sorrento Valley campus. The San Diego-based chipmaker acquired a testing permit from the Department of Motor Vehicles in 2017, and converted a vacant parking lot into a roundabout to take its technologies out for a spin.
Portfolium sold to Salt Lake City-based education software company Instructure for an undisclosed amount.
Cubic Corp. announced on Feb. 18 that its board approved a semiannual dividend of 13½ cents per share. The dividend is payable on March 12 to shareholders of record on March 1.
General Atomics Aeronautical Systems Inc. publicly announced the next piece of technology that will command its advanced MQ-9B remotely piloted aircraft.
San Diego sales software companies started 2019 off strong, with Seismic reporting $100 million in revenue, another notch toward a potential IPO. A younger software startup, LionDesk, also has ambitious plans.
Defense & Technology: Viasat Grows Revenue, Takes $10.4M Loss, Places Order for Third ViaSat-3 Satellite
Grow, grow, grow. Satellite communications specialist Viasat Inc. set revenue records for all three of its business segments during the quarter ended Dec. 31.
Qualcomm sold its Qualcomm Halo IP assets to WiTricity.
TuSimple, a self-driving truck company, became the latest San Diego startup to be valued above $1 billion.
Sempra Energy said on Feb. 12 that it has agreed to sell its wind generation assets to American Electric Power for $551 million in cash. It's part of a wider effort to divest of its generation and natural gas storage assets.
LEADERSHIP: Recruitment, Inclusion Efforts Vital to Success
As chief operating officer of Sony Electronics in Rancho Bernardo, Mike Fasulo has one focus: developing the next generation of talent and leadership at Sony.
Qualcomm Life was sold to private equity firm Francisco Partners. It will be renamed Capsule Technologies.
The Alliance Healthcare Foundation is offering a $1 million prize for health innovations for vulnerable populations in San Diego and Imperial Counties.
Satellite communications specialist Viasat Inc. reported a net loss of $10.4 million, or 17 cents per share, on total revenues of $554.7 million during its third quarter, which ended on Dec. 31. The Carlsbad-based corporation reported “exceptional performance” that set revenue records for its three business segments.