a recent regulatory filing. The company intends to raise $73.6 million, and would have an initial market cap of approximately $189.5 million, were it to price in the middle of its range. It will trade on the Nasdaq under ticker symbol FATE. Fate has raised over $42 million in venture funding from Arch Venture Partners (16.8 percent ownership pre-IPO), Polaris Partners (16.8 percent), Venrock (16.8 percent), and OVP Venture Partners (15.4 percent).
—Qualcomm (NASDAQ: [[ticker:QCOM]]), the San Diego wireless technologies giant, said its Qualcomm Life subsidiary unveiled its 2net Mobile technology platform at the Uplinq 2013 developers conference in downtown San Diego. Qualcomm said its 2net Mobile wireless technology enables healthcare providers to collect and aggregate clinical data from multiple medical device sensors so it can be distributed across a variety of mobile phones and tablets, Qualcomm said the system has been designed to meet privacy and security requirements set by the government.
—San Diego-based Accelrys (NASDAQ: [[ticker:ACCL) said it acquired the environmental health and safety specialist ChemSW, which provides on-premises and cloud-based technology to help customers manage their chemical inventory and environmental health and safety compliance programs. Accelrys agreed to pay ChemSW shareholders a total of $15.3 million in cash, and certain executives could receive as
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.
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