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For Drug Modeler, French Connection Pays Off

Quarterly report validates Simulations Plus’ acquisition of Lixoft earlier in the year.

Simulations Plus bought French medical software company Lixoft in April, despite a pandemic that hampered in-person communication.

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Aerojet Rocketdyne Acquired for $4.4 Billion

Aerospace and defense giant Lockheed Martin Corp. plans to acquire Aerojet Rocketdyne Holdings Inc. in a deal valued at $4.4 billion.

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Back to Business for California Resources Corp.

ENERGY: Oil producer drops debt load in Chapter 11.

Oil and gas producer California Resources Corp. has shed about $4.4 billion in debt after trading it for equity during a Chapter 11 financial reorganization, the company announced late last month.

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AI Company Eta Compute Raises $12.5 Million

Westlake Village tech firm Eta Compute Inc. has raised $12.5 million in a Series C round led by Synaptics Inc. in San Jose.

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‘Intersecting Crises’

PROFILE: Incoming CSUN president Erika Beck talks about how online work and learning impact education.

Interview with Erika Beck, the incoming president of California State University – Northridge.

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Sylmar Industrial Park Fetches $22 Million

Rexford Industrial Realty has purchased an industrial park in Sylmar for $22 million, according to a statement from real estate brokerage Newmark.

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Cheri Fleming, Auto Dealership Owner and Civic Leader, Dies at 69

Cheri Fleming, among the most accomplished business and civic leaders in the Valley area, died Monday evening after suffering a brain aneurism two weeks ago.

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$22 Million Buys Sylmar Business Park

Rexford Industrial Realty plans for redevelopment.

Rexford Industrial Realty has purchased an industrial park in Sylmar for $22 million, according to a statement from real estate brokerage Newmark.

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Eta Compute Series C Gets $12.5 Million

Investment features artificial intelligence marketing deal.

Eta Compute Inc. announced last month it had raised $12.5 million in a Series C round of funding.

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Blackstone, Worthe to Develop Burbank Office Tower

A joint venture between Blackstone Group and Worthe Real Estate Group will develop an office tower totaling 500,000 square feet.

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Italian Outplacement Firm Enters U.S. Via Valley

STAFFING: Acquisition the first step toward ‘global reach’ from Burbank.

The outplacement division of human resources technology firm CareerArc in Burbank has rebranded as Intoo USA

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Princess Extends Horizon to Renew Cruises

Princess Cruises announced it will extend its pause on cruising activity through March 31.

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BlackLine Promotes Chief Revenue Officer

BlackLine Inc. has promoted Mark Woodhams to chief revenue officer, effective at the start of the new year.

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Princess Cruises Extends Sailing Pause

Princess Cruises has again postponed the resumption of cruising activity, this time through May 14.

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Tri-County Chamber Alliance Backs Central Coast Region for COVID-19 Regulation

The Tri-County Chamber Alliance has voiced its support for a movement to see Ventura, Santa Barbara and San Luis Obispo counties become their own region for COVID-19 regulation.

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Cinedigm's Paid Subscribers Up More than 45 Percent

Cinedigm’s portfolio of paid subscription streaming services has grown its subscriber base more than 45 percent since April 1.

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Quarterly Revenue Eludes Netsol, Tix Corp.

Netsol Technologies Inc. fell short of revenue projections, while Tix Corp. reported zero revenue for the quarter.

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Public Safety Changes = Less Safe?

We are facing a critical juncture in how we address public safety in Los Angeles and across the country.

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Valley Hospitals Grapple With COVID-19 Surge

The number of available intensive care unit beds has plummeted in Los Angeles County, with only 92 ICU beds available countywide.

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Virus Makes Mediation Mainstream

Much is being made about how mediation and arbitration are effective alternatives to the courts now that COVID-19 has made trials logistically problematic.