socalTECH
FEBRUARY 6, 2012
What do you get when you mix the desert around Mojave, two months in a Van Nuys warehouse, an MIT engineer, and a band which has risen to prominence as a YouTube phenomenon? However, it does illustrate the increasing influence of technology and online media on entertainment, and how much the two worlds are colliding.
socalTECH
AUGUST 25, 2011
Van Nuys-based Electro Rent Corporation , a provider of rental, leasing, and sales of electronic test equipment, said Thursday that it has completed its acquisition of Equipment Management Technology. The deal was worth $10.7M. Electro Rent had originally announced the buy on August 12th. READ MORE>>.
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socalTECH
MARCH 14, 2017
Van Nuys-based JetPack Aviation , a developer of commercially available "jet packs" for sending people into the air, said today that it has signed an agreement with Georgia Tech Research Institute. JetPack did not details terms of the agreement with Georgia Tech, but said the two will jointly solicit R&D funding from the U.S.
socalTECH
AUGUST 12, 2011
Van Nuys-based Electro Rent , the provider of electronic test equipment rentals and leasing, said Thursday that it has purchased Equipment Management Technology , a fellow electronic test equipment company, out of bankruptcy. Electro Rent said it pay $11.1M in cash for the firm, via a private, U.S. Bankruptcy court sale.
socalTECH
JANUARY 16, 2015
Van Nuys-based Sentry Control Systems , which distributes the ubiquitous electronic parking control systems you find in parking garages, has been acquired by parking technology developer SKIDATA. Financial details of the buy were not disclosed. The two companies said they have been working together since 2000.
socalTECH
AUGUST 30, 2010
Los Angeles-based X Prize Foundation , the group which manages a series of competition-based prizes aimed at advancing science and technology, said today that it is running an eBay auction for a zero gravity flight with Avatar producer and director James Cameron. The flight will be on a modified Boeing 727-200 aircraft, the G-FORCE ONE.
socalTECH
SEPTEMBER 27, 2010
A number of local, Southern California firms were recognized today by the Wall Street Journal, in that publication's annual Technology Innovation Awards. According to the WSJ, Zoom Focus Eyewear , Van Nuys-based developer of eyeglasses which can replace the need for progressive or bi-focal glasses, was awarded the Silver Winner in its award.
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