San Diego Tech Roundup: EvoNexus, AirHop, & Beyster’s Gift to UMich
—CommNexus, the non-profit group for San Diego’s tech industry, held an open house for the new downtown EvoNexus incubator, which is intended to spur a proliferation of tech startups in the downtown area. While a baker’s dozen of startups are settling into the EvoNexus operation at 101 W. Broadway, companies like Take Lessons, Stay Classy, FanBox, and Climber.com already have established offices in the downtown area.
—San Diego’s AirHop Communications and Pennsylvania-based InterDigital (NASDAQ: IDCC) said they’ve been collaborating to combine AirHop’s technology for self-organizing networks with InterDigital’s bandwidth management technology. InterDigital set up an outpost in San Diego last year.
—SAIC founder J. Robert Beyster gave the University of Michigan’s engineering school $15 million, a gift that includes at least $9 million to endow a fellowship program that will fund up to 10 engineering doctoral students each year. In a statement from his alma mater last week, Beyster said he wants his gift to Michigan to help keep the United States at the forefront of global innovation and competitiveness.
—San Diego-based Extrabux, a comparison shopping Website that integrates discounts from cash back and online coupons, said today it has generated more than $1 million in cash back for its members. In a statement from the company, Extrabux CEO Jeff Nobb said the recent holiday shopping season accounted for a quarter of the total.