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

Report: Blackline Preparing for IPO

Accounting software developer BlackLine is preparing for an initial public offering that could value it at more than $1 billion, according to media reports.

Auto Repair Software Firm Raises $6.3 Million

Auto repair estimation software developer Estify has raised $6.3 million in new financing from two private equity firms.

Semtech, Partners Build New Zealand Network

Technology developed by Semtech Corp. has been used in a wide area network covering more than half the population of New Zealand.

NetSol Shares Rise on Quarterly Report

NetSol Technologies Inc. beat Wall Street estimates for revenue in the fiscal fourth quarter.

Acquisition Expands BlackLine’s Offerings

Accounting software developer BlackLine has acquired Runbook, a European company providing similar financial software.

Semtech Beats the Street

Semtech Corp. beat Wall Street estimates on adjusted earnings and revenue in its 2017 fiscal second quarter.

BlackLine Opens Office in Germany

Financial software developer BlackLine has opened a new office in Frankfurt, Germany, the company announced Tuesday.

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.