San Fernando Valley Business Journal

SFV TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Taking Out Trash

New facility aims to let less go to wasteImpacts from Sun Valley’s new waste-processing plant.

By Mark Madler February 8, 2016 midnight   $$ Share

Interlink Names CFO

Interlink Electronics Inc. has named David S. Burnett as chief finance officer for the manufacturing company.Interlink Names New CFO

Simulations Plus Releases New Analysis Software

Simulations Plus Inc. on Thursday announced the launch of its version 1.0 PKPlus software, which is used to analyze preclinical and clinical trial data.

Capstone Sells Turbine for Chinese Microgrid

Capstone Turbine Corp. received an order for one of its microturbines for a microgrid project in China.

California Resources Shares Jump 27 Percent

Shares of California Resources Corp. rose nearly 30 percent Monday after the company announced an expansion of its debt buyback program.

Oil Producer’s Losses Double

California Resources Corp. (CRC), the state’s largest oil and gas producer, reported a widened net loss and much lower revenue. Both numbers missed analysts’ expectations as the company continued to sell off assets and reduce drilling in the second quarter amid low oil prices. The company’s stock slid on the disappointing news.

Teledyne’s Profits Beat Projections

Teledyne Technologies Inc. (TDY) beat Wall Street expectations on earnings for the second quarter but fell short on revenue.

California Resources Offers to Buy Back Debt

California Resources Corp. has offered to buy back debt notes at a price between 55 and 68 percent of their face value, the company announced Monday.

Web Security Firm Acquires MaxCDN

Content delivery network MaxCDN of Studio City has been acquired by web security startup StackPath, the company announced Sunday.

TouchCommerce Acquired for $215 Million

Customer service software developer TouchCommerce has been acquired by Nuance Communications Inc. in a deal valued at $215 million, the companies announced.

NetSol Makes Quick Change in China

A change in the tax regulations in China caused Netsol Technologies Inc. to incorporate new tax handling capabilities for clients in that country.

B. Riley Completes United Online Buyout

B. Riley Financial Inc. on Friday completed its acquisition of internet service provider United Online Inc. of Woodland Hills.

Research Solutions to Raise $5.2 Million in Private Placement

Research Solutions Inc. on Monday announced it has entered into a private placement agreement with an institutional investor along with the company’s directors and management to purchase $5.2 million in equity.

Valley-made Microturbines Power Microbrewery

The Sierra Nevada Brewing Co. has installed microturbines made by Capstone Turbine Corp. at its Chico brewery to generate electrical and thermal energy on site.

Lancaster Receives Net Zero Grant

Lancaster’s city-run clean energy power program received a $1.5 million grant from the California Energy Commission to support efforts at becoming a net zero energy city.

NetSol Names North American President

NetSol Technologies Inc. has named Jeffery Bilbrey as its president of North American operations, a new position at the company.