Teledyne Shares Gain on Strong Second Quarter

Teledyne Technologies Inc. beat Wall Street estimates on revenue and earnings in the second quarter, sending shares 6 percent higher.

Semtech System Finds Market in Chinese Water Meters

Semtech Corp. announced Thursday that a Chinese water company has used its long-range, low-power technology in its smart water metering products.

US Nuclear to Sell Underwater Robots

US Nuclear Corp. has signed an agreement with Qysea Technology Co. Ltd. to build, market and sell its industrial underwater robot sensor systems.

Semtech Golf Tournament Raises $108,000 for Family Services

Semtech Corp.’s seventh annual charity golf tournament raised more than $108,000 in donations for Ventura County nonprofits.

Westlake Village Firm Launches Energy-Saving Refrigerant

Alltemp Inc., a refrigerant tech company in Westlake Village, announced on Thursday its newest product to provide energy savings to customers.

GeoLinks Funding Approved for Internet Buildout

GeoLinks has been formally approved to receive funding for the buildout of internet connections in rural California and Nevada.

NetSol Buyback Program Sends Shares Up 11 Percent

The board of directors of NetSol Technologies Inc. has approved a $5 million stock repurchase to take place over the next 12 months, send the company’s share price up by double digits.

Seven Lakes Expands to Texas

Seven Lakes Technologies, a Westlake Village developer of software products for the oil and gas industry, announced the opening of an office in Midland, Texas.

Official: IT Workers Laid Off at Anthem

Anthem Inc. has laid off information technology professionals nationally with at least some of the affected employees in the Valley area, according to Kenn Phillips, the chief executive of the Valley Economic Alliance.

DataDirect Buys Storage Firm Nexenta

DataDirect Networks will acquire Nexenta, a software-defined data storage company serving 5G and Internet of Things markets.

AeroVironment to Open New England Innovation Center

AeroVironment Inc. plans to create a New England Innovation Center near Boston, the first such engineering center by the company outside of California.

ISSquared Expands by Acquisition

Information technology firm ISSquared Inc. has acquired a similar company to extend its reach in the western United States.

BioSolar Battery in Prototypes for Electric Cars, Power Tools

BioSolar Inc. has announced that its tech partners have begun production and testing of lithium-ion cells for power tool applications, as well as consumer electronics and electric vehicles.

Saalex to Hire 50 for Navy Contracts

Saalex Corp. announced that it is hiring more than 50 new employees in engineering and analyst positions.

Semtech, PS Business Parks Join S&P Index

Semtech Corp. and PS Business Parks have been added to the S&P MidCap 400 index.