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Wednesday, July 2, 2008 Mahalo Opens Wikipedia-style Editing ![]() Santa Monica-based Mahalo, the high profile, guided search startup headed by former Weblogs founder Jason Calacanis, said Wednesday afternoon that it has launched the ability to let anyone edit any page on Mahalo, even without logging into the site. Calacanis described the new feature on his blog as "Wikipedia with paid Fact Checkers." The new features also include the ability for anyone to create a new page, much like Wikipedia allows users to create pages on any topic....READ MORE >> posted on Wednesday, July 2, 2008 AeroVironment Gets Special Ops Contract Monrovia, California-based AeroVironment, a developer of unmanned aircraft and other products, announced Wednesday that the firm has been selected by the U.S. Special Operations Command (USSOCOM) for a unmanned aircraft contract. AeroVironment said that the USSOCOM has selected the firm's Puma AE aircraft in a deal initially worth $6M. The contract could be worth up to $200M, including the purchase of aircraft, ground control systems, spares, repairs, and training....READ MORE >> posted on Wednesday, July 2, 2008 Linspire Acquired By Xandros ![]() San Diego-based Linspire, developer of the Linspire and Freespire Linux operating systems, has been acquired by Xandros, a developer of Linux management products. Xandros announced the acquisition this morning, but did not disclose financial terms of the deal. Linspire--formerly Lindows--developed a version of the Linux operating system geared toward consumers, for use on their desktop machines....READ MORE >> posted on Wednesday, July 2, 2008 Stamps.com Wins Patent Suit ![]() Los Angeles-based Stamps.com has scored a win in a patent infringement suit, Stamps.com announced Tuesday. Stamps.com said that it has received a unanimous jury verdict that its NetStamps feature and technology does not infringe on patents from Kara Technology. Kara Technology sued Stamps.com in October of 2004 for patent infringement. According to Stamps.com, the jury found that no damages were due....READ MORE >> posted on Wednesday, July 2, 2008 CalAmp Gets Bahamas Win ![]() Oxnard-based CalAmp, a developer of wireless hardware and other products, said Wednesday that the firm's products have been deployed by the Grand Bahamas Power Company in Freeport, Grand Bahamas. According to CalAmp, it is in a project to provide island-wide, seamless voice communications on Grand Bahamas Island, in a contract worth approximately $1.5 million. The power company will use CalAmp's SmartLink platform for redundant radio voice communications across the island....READ MORE >> posted on Wednesday, July 2, 2008 Loop'd Network Launches BMX Site ![]() San Diego-based Loop'd Network, which operates a number of action sports related web sites, said Tuesday that it has launched a new web site, Beijingbmx.com. According to Loop'd, the new site is being launched in collaboration with online BMX racing site BMX Mania, and will cover BMX information at the 2008 Olympic Games. The new site will feature coverage of races, behind the scenes games coverage, and also include social networking and other community functionality....READ MORE >> posted on Wednesday, July 2, 2008
Tuesday, July 1, 2008 Providea Gets Investment From Private Equity Firm ![]() Camarillo-based Providea, a provider of hardware and installation services for the video conferencing sector, has scored an investment as part of a recapitalization deal, the firm said Tuesday. According to Providea, it has received a growth equity investment from WestView Capital Partners, but did not disclose details of the funding. Providea provides video conferencing solutions, managed services, installation, and support....READ MORE >> posted on Tuesday, July 1, 2008 Report: No IPOs In Q2 Dow Jones VentureSource, a provider of venture capital data, reported Tuesday that we are in the midst of the second-longest IPO drought since it started tracking the industry in 1992. According to Dow Jones, Q2 of this year was the worst quarter since 2003, with no initial public offerings of U.S. venture-backed companies in the quarter. During the quarter, there were 10 companies which withdrew their IPO registrations, with 22 venture-backed firms still in IPO registration....READ MORE >> posted on Tuesday, July 1, 2008 Dataskill Buys Silicon Space ![]() San Diego-based Dataskill Inc., a provider of IT and software services, has acquired fellow software product development firm Silicon Space, Dataskill announced Tuesday. Financial terms of the deal were not disclosed. Silicon Space is a provider of outsourced software development and design services. According to Dataskill, all employees of Silicon Space will join the firm, and Curt Nelson, former President and CEO of Silicon Space, will join its advisory board....READ MORE >> posted on Tuesday, July 1, 2008 VirtualTourist.com, OneTime.com Acquired By TripAdvisor VirtualTourist.com Inc. and Onetime.com Inc, two Manhattan Beach-based online travel web sites, have been acquired by online travel information web site TripAdvisor LLC, which is owned by Expedia Inc. Financial details of the acquisitions were not disclosed. VirtualTourist.com provides user-generated travel content, and OneTime.com is an online travel booking comparison web site....READ MORE >> posted on Tuesday, July 1, 2008 RealD In Deal With Cinemark ![]() Los Angeles-based RealD, a provider of technology for 3D projection of motion picture films, has inked a deal with Cinemark Holdings to add 1,500 new screens. According to the two companies, Cinemark will add up to 1,500 RealD 3D screens to its circuit, which will up the total number of screens with RealD's technology to 5,000. Financial impact and terms of the deal were not disclosed. RealD develops technology used for showing 3D films....READ MORE >> posted on Tuesday, July 1, 2008 eHow Enhances How-To Site ![]() Santa Monica-based eHow, the online information site owned by Demand Media, has rolled out a new "Quick Guide" feature on its web site, saying that the new feature will show the most frequently requested topics and articles from the site in specific verticals. eHow provides short articles and videos on various "how-to" topics, ranging from computer topics, to changing your oil. The new feature bundles together similar topics--for example, articles about gardening--under a single page....READ MORE >> posted on Tuesday, July 1, 2008 Specific Media Turns To Ford For VP ![]() Irvine-based Specific Media, an online advertising network, revealed Tuesday that it has hired Jon Schulz as the firm's Senior Vice President, Global Category Development. Schulz was most recently at Ford Motor Company, where he headed the auto maker's digital and direct marketing. According to Specific Media, Schulz headed up Ford's digital media, brand websites, emerging media, dealer lead management and CRM efforts....READ MORE >> posted on Tuesday, July 1, 2008 Rubicon Teams With AdJug For European Advertising Los Angeles-based the Rubicon Project, which operates a service which optimizes online advertising for publishers, said today that it has partnered with AdJug Ltd, an online advertising marketplace. According to Rubicon, the deal calls for AdJug to monetize the UK inventory of Rubicon Project's U.S. publishers. AdJug is a London-based online advertising firm serving the European market. Financial details of the partnership were not disclosed.READ MORE >> posted on Tuesday, July 1, 2008 Or Die Networks Launches Game Site ![]() Los Angeles-based Or Die Networks, the company behind Will Ferrell's FunnyOrDie.com web site, said today that it has launched a new web site focused on the video game industry, PwnorDie.com. Or Die Networks said that the new site will focus on breaking news, information, commentary, and entertainment around video games....READ MORE >> posted on Tuesday, July 1, 2008 eForce Media Acquires Firm, Appoints Former Autobytel Head As CEO ![]() Santa Monica-based eForce Media, a provider of Internet sales lead generation services, said today that it has acquired Vertical Passion Media, LLC and appointed its founder, Jeffrey Schwartz, as President and CEO. Schwartz is the former president and CEO of Autobytel. Financial terms of the acquisition were not disclosed. Vertical Passion Media LLC operates a number of online destinations in the auto classified and other lead generation areas, and was founded and headed by Schwartz....READ MORE >> posted on Tuesday, July 1, 2008 STEC Gets Credit Facility ![]() Santa Ana-based STEC, a developer of Flash memory and DRAM memory products, said Monday that the firm has accepted a $35M, senior unsecured revolving credit facility from Wachovia Bank. According to STEC, it will use the new credit facility to support accelerated growth in the firm's future quarters. The credit facility will go towards working capital. STEC said the credit facility has a term of two years, at a floating rate equal to LIBOR plus 0.70 percent to 1....READ MORE >> posted on Tuesday, July 1, 2008
Monday, June 30, 2008 Atomkeep Launches Social Profile Synchronizer ![]() Los Angeles-based Atomkeep has launched a new service which allows users to synchronize their profiles between major social networking web sites. Atomkeep said that its service synchronizes between LinkedIn, Facebook, Monster, Flickr, Twitter, Jobster, Blogger, Yelp, Slide, JOBcentral, and Mixergy. The free, Web 2....READ MORE >> posted on Monday, June 30, 2008 ShopIt Adds App For AIM ![]() Los Angeles-based ShopIt, which develops software which allows users to create storefronts for their social networking profiles, said today that it has released a new application focused on AOL's instant messenger service, AIM. According to ShopIt, its new application allows users to buy and sell goods from the AIM Buddy List; users can select items they'd like to sell and post them to their store for purchase....READ MORE >> posted on Monday, June 30, 2008 Epicor, IBM Team on POS Product Irvine-based Epicor Software has teamed up with IBM on a new point-of-sale product for specialty and department store retailers. Epicor announced the deal Monday morning, saying that its collaborative agreement with IBM includes an offering which will centrally manage and support point-of-sale (POS) hardware and software using IBM's Remote Management Agent (RMA) hardware. Financial details of the agreement were not disclosed....READ MORE >> posted on Monday, June 30, 2008 Overland Storage Buys Adaptec's Snap Server Line ![]() San Diego-based Overland Storage, a provider of data storage products, said today that it has acquired Adaptec's Snap Server NAS business, in a deal worth $3.6M. Overland said the deal will add best-in-class NAS and replication solutions to its product line. Adaptec's Snap Server NAS products are marketed to the small and medium sized business market. $2.1M of the purchase price will be paid in cash on close, with the rest over the next 12 months....READ MORE >> posted on Monday, June 30, 2008 Sometrics Signs Up Developers ![]() Los Angeles-based Sometrics, which is developing software for gathering analytics around social networking applications, said this morning that the firm has signed up 1,000 developers for its analytics tools. The firm said those developers are participating in the firm's beta test. Sometrics' analytics tools are used to analyze the usage of applications on Facebook, MySpace, hi5, and Bebo....READ MORE >> posted on Monday, June 30, 2008 j2 Global Sues Three Over Patents ![]() Los Angeles-based electronic FAX service provider j2 Global Communications said this morning that it has filed three, separate patent infringement suits. j2 Global announced that it has sued Protus IP Solutions INc., Captaris Inc. and EasyLink Services International Corporation. All of the suits allege patent infringement on two of j2's patents, covering what j2 says are described as “Scalable Architecture for Transmission of Messages over a Network.” The lawsuits were filed in the U.S....READ MORE >> posted on Monday, June 30, 2008 Nirvanix Partners With Archiving Software Firm ![]() San Diego-based cloud storage services firm Nirvanix has tied in with data archiving software firm Atempo, the firms announced today. The two said that Atempo has integrated its Atempo Digital Archive product with the Nirvanix Storage Deliver Network, the Nirvanix cloud storage service. According to the firms, Atempo's software now can move and archive files directly to the Nirvanix storage service....READ MORE >> posted on Monday, June 30, 2008 Autobytel Hires New CTO ![]() Irvine-based Autobytel announced today that the firm has appointed Michael Hunsche as the firm's Chief Technology Officer. The firm, which provides automobile marketing services through its online car buying website, said that Hunsche joins the firm from Arbonne International, a global marketing company. Hunsche has also served at KinderCare Learning Centers, The Walt Disney Company, and Anthem Blue Cross Blue Shield....READ MORE >> posted on Monday, June 30, 2008 |
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