AEROSPACE: Inmarsat Deal Worth $7.3 Billion
Carlsbad-based Viasat (Nasdaq: VSAT) said on Nov. 8 that it has agreed to buy British competitor Inmarsat for $7.3 billion.
DEFENSE: Firm Has a Variety of Clients in Federal Agencies, Local Governments
Citadel Defense Co., based in Mission Valley, has been sold to an Alabama company that includes space warfare in its focus.
REAL ESTATE: Bravo! Is Oceanside Firm’s 14th Acquisition Since 2017
Oceanside-based Kellermeyer Bergensons Services has acquired BRAVO! Building Services and two other related companies, BRAVO! Facility Services and BRAVO! Innovative Solutions.
EMPLOYMENT: Effort will Aid Displaced Fossil Fuel Workers
The County of San Diego has undertaken a study to better understand how “decarbonization” may impact the region’s labor force, including those from disadvantaged communities.
TECH: Diversification Paying Big Dividends
In the weeks heading into the company’s annual Investor’s Day on Nov. 16, Qualcomm has seen its stock price take off as Wall Street seems increasingly certain the San Diego-based company’s big bet on diversification is already paying off.
SOFTWARE: Fondi Kicked Off as ‘Classy Live’ Earlier this Month
Classy, the giving platform that helps nonprofits connect supporters with the causes they care about, has unlocked new business growth via its first acquisition.
MANUFACTURING: Fluidra Pays $78M for Water Testing Firm
Carlsbad-based Fluidra North America continues to make a big splash in the swimming pool equipment sector, last week announcing its third major acquisition in 2021 – the $78 million purchase of Taylor Water Technologies, a leading manufacturer of water-testing solutions.
An ongoing challenge for all branches of the military is spouse unemployment and underemployment. Research by the U.S. Department of Defense shows that the military spouse unemployment rate is nearly three times that of civilians.
Carlsbad-based Viasat (NASDAQ: VSAT) on Monday agreed to buy British competitor Inmarsat for $7.3 billion.
TECH: SaaS Startup Sees Explosive Growth
San Diego-based ClickUp has raised $400 million in Series C funding — the single-largest funding round to date in the “workplace productivity” niche of the software-as-a-service (SaaS) market.
Mission Fed Credit Union announced on Oct. 27 that it has opened its 33rd branch site, in Oceanside.
San Diego-based Neurocrine Biosciences (NASDAQ: NBIX) reported upbeat Q3 financial results on Monday (Nov. 1), confirming that INGREZZA, the company’s flagship drug that treats tardive dyskinesia, continues to gain market share.
BIOTECH: New Co. Spins Out of Crinetics Pharmaceuticals
Radionetics Oncology, a pharmaceutical company developing radiotherapeutics, launched with $30 million in funding from major life science investors 5AM Ventures and Frazier Healthcare Partners.
DEFENSE: DoD Funds Helped Region Weather COVID-19, Study Says
Pentagon spending in San Diego County grew more formidable during fiscal 2021, increasing 5.3% to $35.3 billion.
ENGINEERING: Joins Select Group of S.D. Cos.
Dudek, one of California’s leading environmental and engineering consulting firms, became 100% employee-owned earlier this month, joining a select group of other high-profile San Diego-based companies that have embraced an ESOP model in the past few years.