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ElSegundo-based International Rectifier , a developer of analog and power ICs, said Wednesday that it is shutting its ElSegundo, California fabrication facility, and laying off staff. The firm said the closure in ElSegundo will save it approximately $10M a year when complete. READ MORE>>.
Santa Monica-based biopharmaceuticals developer Kite Pharma has opened up a new, 43,500 square foot manufacturing facility in ElSegundo, the company said today, to manufacture its cancer immunotherapy products.
ElSegundo-based iRise , the developer of enterprise application visualization software, said Thursday that it is launching a $20,000 Developer Contest. iRise said the contest will award $20,000 to developers who create custom widgets for the iRise software modeling environment. READ MORE>>.
Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs. TS2 Holdings' offices are in ElSegundo, and the company is an arm of Japanese staffing giant Persol Group.
Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. Recargo was founded in 2009, and operates PlugShare, an online community for EV drivers, and also developed PlugShare, a mobile payment platform for EV cahrging networks.
ElSegundo-based integrated circuit maker International Rectifier said this morning that it has raised $100M in four year, senior unsecured credit facility. International Rectifier is a developer of power management ICs, used across a wide range of electronics products. The facility is at an interest rate of LIBOR plus 1.25
ElSegundo-based ABL Space Systems, which is developing low cost launch vehicles and launch systems, says it has signed up customer for its first launch. The company says it is targeting its first demonstration flight of its RS1 rocket in Q2 of 2021. Financial details of the launch agreement were not announced.
ElSegundo-based NanoH2O the developer of high efficiency, reverse osmosis membranes for seawater desalination, announced this morning that it has raised a total of $60M in equity and debt funding. According to the firm, it raised $40M in equity and $20.5M in credit facilities.
ElSegundo-based iRise , which develops software for prototyping enterprise applications, has extended its platform today by adding support for the iPhone 5, Windows 8, and Android Tablets. iRise is venture backed by Morgan Stanley Venture Partners and Deutsche Bank. READ MORE>>.
The biggest investments for the quarter were for Culver City-based NantHealth , the digital health venture of billionaire Dr. Patrick Soon-Shiong, which raised $135M in a funding; ElSegundo-based Prodege (aka Swagbucks), which raised $60.1M for San Diego''s Veredezyne , which is developing biofuels and biochemicals processes.
ElSegundo-based Mattel , and Chinese Internet technology and video game developer NetEase , said this morning that the two are in a new joint venture to public mobile games and education apps.
ElSegundo-based iRise , a developer of software visualization and simulation products, announced today that it has shipped a new product which is specifically designed for SAP. Tags: irise software visualization simulation development. The firm said iRise for SAP Solutions v2.0 The firm said iRise for SAP Solutions v2.0
ElSegundo-based enterprise visualization software developer iRise is looking to its most loyal users to spread the word about the company''s software, which is used for prototyping and visualizing enterprise apps, by giving those users free, lifetime, personal access to the company''s software. READ MORE>>.
ElSegundo-based VoiceVault , a developer of biometrics technology, said this week that it has released a new software development kit to help developers add voice biometrics on their mobile apps. Pricing on the product was not announced.
ElSegundo-based iRise , the developer of software visualization tools for the enterprise, said today that it has been awarded a third, U.S. iRise develops software which can be used by non-technical users to simulate and prototype web applications; the firm's software is used to help define further software development efforts.
ElSegundo-based International Rectifier said Monday afternoon that it has completed its acquisition of CHiL Semiconductor Corporation. CHiL Semiconductor is a developer of digital power management products, and was venture backed by Highland Capital Partners, Flybridge Capital Partners , Panorama Capital , and id SoftCapital.
ElSegundo-based GoGuardian , which develops software for the education market, has expanded into new offices in ElSegundo, at the former Raytheon site. GoGuardian said there's a burgeoning startup scene in ElSegundo, with such companies as Finless Foods, Wonderstorm, and TechStyle Fashion Group.
ElSegundo-based NanoH2O , the UCLA spinout which is developing reverse osmosis membranes for water desalination, has raised $14.87M as part of an ongoing, $30.6M fundraising effort, according to a regulatory filing from the firm. No details of the funding have been announced by the company yet.
in ElSegundo; RFaxis in Irvine; and Transphorm in Goleta as companies in its list, which was based on evaluating technology, market, maturity, financial position, investors, and leadership. The magazine, in its list of startups worth watching , identified Efficient Power Conversion Corp. Efficient Power Conversion Corp.
ElSegundo-based iRise , the developer of enterprise, application visualization and prototyping software, is targeting the government market with a new product, the company said this week. Pricing on the new software was not announced by the company. READ MORE>>.
ElSegundo-based Fuhu , which is developing an Android tablet specifically aimed at kids, has raised $10M in venture debt. Fuhu develops the nabi tablet, which it says is specifically designed for teaching kids state-standardized, core curriculum for kids in the K-5th grade.
ElSegundo-based iRise , a developer of tools used by enterprises to prototype and visualize IT software projects, said today that it has shipping a new product which automatically produces code from its visualizations. iRise said its new iRise CodeGen product translates the firm's visualization into either Java or.NET code.
ElSegundo-based BridgeCo , a developer of media processors used for the home music market, reported today that it has been chosen by Pioneer , the maker of consumer electronics, for a new line of home audio products.
ElSegundo-based Zadspace , the developer of on-package advertising products, announced this week that it has raised $3.2M in a funding round. The round came from Connecticut Innovation and DFJ Frontier, along with Crosscut Ventures, LaunchCapital, Cava Capital Ventures and The Gideon Hixon Fund.
ElSegundo-based iRise , a developer of software used by enterprises to visualize and prototype their IT development projects, announced this morning that it has named Ralph Szygenda to its advisory board. Szygenda is the former global CIO of General Motors, and also has served at Bell Atlantic and Texas Instruments.
ElSegundo-based ContentGuard , which develops and owns a large portfolio of patents in the digital rights management (DRM) space, has been acquired by publicly held Pendrell Corporation. ContentGuard will remain in ElSegundo. According to Pendrell, it is paying $90.1M ContentGuard lists Microsoft Corp.,
ElSegundo-based Accordent Technologies , which develops presentation and webcasting management software for the enterprise, has been acquired by Polycom , Polycom said today. The deal was worth $50M in cash. Polycom said it will use the acquisition to enhance its offerings.
ElSegundo-based International Rectifier , the developer of power conversion semiconductors, has been acquired by Infineon , in a deal worth $3 billion in cash. Infineon said that it will pay $40 in cash per share for publicly held IRF.
ElSegundo-based iRise , which develops enterprise software visualization tools used for prototyping and specifying corporate applications, said today that it has released a new version of its platform. iRise is backed by Morgan Stanley Venture Partners and Deutsche Bank.
ElSegundo-based iRise , the developer of enterprise application prototyping tools, is taking on the iPhone app market, saying today that it has launched a new visualization product called iRise Studio MX, which allows users to create iPhone app prototypes. iRise said the new private beta of the product is free.
ElSegundo-based AWR , the developer of high frequency, electronic design automation (EDA) software, said today that it has opened up a new office in China. The firm said the office, its third in Asia, will provide direct sales and support. AWR already has offices in Tokyo and Seoul. READ MORE>>.
ElSegundo-based Mixed Signals , a developer of digital content monitoring products for the cable and satellite television, broadcast, and IPTV market, has been acquired by test equipment giant Tektronix. Tektronix announced the acquisition Monday morning, but did not disclose any financial details of the buy.
ElSegundo-based iRise , the developer of visualization software for the enterprise market, has strengthened its links of its products to SAP , the company said this morning. The comapny develops application visualization software, used to prototype applications before they are implemented into real applications.
Hawthorne-based Cereplast , a developer of bio-plastics, said today that it is moving all of its R&D and production lines to Indiana, as it looks to reduce its footprint in Southern California. Cereplast is developing bio-plastic resins, an alternative to petroleum-based plastics.
ElSegundo-based iRise , which develops enterprise prototyping software, used to help business users mock up visual software prototypes of applications, said Wednesday that it has added new support for iPads and Android phones. READ MORE>>.
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. Panasonic develops in-flight entertainment systems. Panda Security , which is based in Spain but has its U.S.
ElSegundo-based iRise , a developer of enterprise visualization software, said today that it has released an updated version of the firm's flagship title. The firm said that iRise 8 adds such features as application programming interfaces (APIs), support for drag-and-drop applications, and better enterprise administration.
ElSegundo-based International Rectifier announced this morning that it has gotten a federal nod on the $3 billion acquisition of the company by Infineon. IR develops power conversion semiconductors. IR said that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired at midnight on Friday.
ElSegundo-based International Rectifier , a developer of analog, digital, and mixed signal power management ICs, said Thursday afternoon that the firm has been notified by the U.S
ElSegundo-based iRise , the developer of enterprise visual prototyping tools, looks to be looking to broaden the use of its products, saying today that it has released a free version of its tool to allow users to prototype iPad and iPhone applications.
ElSegundo-based iRise , the software visualization firm backed by Morgan Stanley Venture Partners and Deutsche Bank, reported another win today. iRise develops software to prototype business applications without coding. Financial impact of the customer win was not disclosed. READ MORE>>.
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