Motorola Mobility Stays Put, RadiSys Acquires Continuous Computing, Watchwords From Qualcomm’s Town Hall Meeting, & More San Diego BizTech News

Much of San Diego’s tech news came out of the mobile industry last week, along with a dash of cleantech and a dollop of software. In other words, a feast for the hungry reader.

—The big deal of the week came when Hillsboro, OR-based RadiSys (NASDAQ: [[ticker:RSYS]]) announced an agreement to acquire privately held Continuous Computing, a San Diego company that provides wireless infrastructure equipment based on the Trillium set of software protocols. Radisys agreed to pay a total of $105 million when the deal for Continuous Computing closes, with an additional payment of either $15 million or payments based on the sales of certain Trillium products until 2014.

—Illinois Gov. Pat Quinn and Motorola Mobility Chairman and CEO Sanjay Jha announced Friday that the corporate headquarters for the Motorola spinout will remain in Libertyville, IL. Jha, who was previously Qualcomm’s chief operating officer, was considering a move to San Diego, Silicon Valley, or Austin, TX. Gov. Quinn said Illinois is providing a business investment package to Motorola to help keep approximately 3,000 jobs in the state.

—Power efficiency, security, integration, and simplicity were the watchwords that Qualcomm’s top executives used to explain their strategy during a town hall meeting at Qualcomm (NASDAQ: [[ticker:QCOM]]) headquarters last week. As the complexity of wireless networks multiplies, Qualcomm chairman and CEO Paul Jacobs said, “The key is really going to be making all these things simple [for the user].”

—A large-scale denial-of-service-attack distracted Sony system administrators in San Diego from network intruders who gained

Pages: Page 1, Page 2

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.