Author: Dale Kasler

Sacramento’s technology companies gained ground during the third quarter of 2009, according to an index that measures the health of the region’s tech sector. The SARTA Tech Index rose by 8.8 percent, thanks to an uptick in hiring and strong gains in the share prices of its public companies. The…

Numonyx Holdings, the international computer chip company that makes its North American headquarters in Folsom, was sold Tuesday. The sale raises questions about the future of the Folsom operations. The Swiss company, which employs 450 workers in Folsom, is being sold to semiconductor maker Micron Technology Inc. of Boise, Idaho,…

Julia Goines of Pediatric Bioscience in Davis tests blood samples in her research on autism. The company grew out of breakthrough work done at UC Davis.From biofuels to pharmaceuticals, Sacramento-area inventors have created scores of promising scientific breakthroughs, many of them in the well-funded laboratories of UC Davis. Turning those…

Citing improved results in its core aerospace business, GenCorp Inc. reported stronger profits and sales Wednesday. The Rancho Cordova parent company of Aerojet said it earned $15 million, or 24 cents a share, in the fourth quarter. That compared with a loss of $5.7 million during the fourth quarter of…

Another data center is coming to the Sacramento area. SunGard Availability Services of Wayne, Pa., said Tuesday it will open a 69,000-square-foot center in Rancho Cordova on May 1. The center at 11085 Sun Center Drive will provide data storage and other information-technology services to companies primarily in the Bay…

Tower Records founder Russ Solomon was on hand last March when the 30-foot neon sign above the landmark Watt Avenue store – the first outlet in what grew into a global chain – came down.Russ Solomon remains cheerfully old-school, running a brick-and-mortar record store in an age of digital downloads.…

Tower Records is still out there, on the Internet, under new management that’s itching to increase its Web presence. Alas, it no longer has ties to the Sacramento area, but makes its headquarters in Wilmington, Del., of all places. Richard Flynn, a Wilmington businessman, said he was hired a month…

A massive computer upgrade at CalPERS has run millions of dollars over its original budget and missed its completion deadline – and is in danger of falling further behind schedule. CalPERS officials’ frustration over the delays exploded publicly Wednesday. Furious board members scolded a representative from New York-based consulting firm…

SARTA, the nonprofit dedicated to expanding Sacramento’s tech economy, has changed chief executives. Meg Arnold, the organization’s board chairwoman, has replaced J.D. Stack as CEO of the Sacramento Area Regional Technology Alliance. Arnold just finished a four-month stint as head of the green capital alliance at Valley Vision, an organization…