Tuesday, January 27, 2004


Medea Reaches Pinnacle
Calabasas-based Medea (www.medea.com) is shipping its ATA-based RAID products in Pinnacle On-Air Video Servers. The company announced the integration of its disk storage arrays into Pinnacle's 24/7 video servers.
posted on Tuesday, January 27, 2004(Full story)

Conexant Ships High Definition Audio Chip Modem
Newport Beach-based Conexant (www.conexant.com) has shipped a new chip based on Intel's High Definition Audio Bus Architecture. The company's new product uses the HD Audio bus to transmit data between notebooks and desktops and the dial up modem chip.
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Snapbridge Upgrades XML Software
San Diego-based Snapbridge Software (www.snapbridge.com) has released an upgrade to its FDX Information Server. The company's 3.5 version of its real-time XML-based software provides the ability to join data and content from multiple data sources in a streamlined way. Snapbridge is backed by JP Morgan and Mission Ventures.
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OmniLux Hires VPs
Pasadena-based Omnilux (www.omnilux.net) has added two new executives. Baksheesh Ghuman has been hired as VP International Sales and Market Development, and Scott Chelette has been added as Director of Operations. Ghuman joins from Sorrento Networks. Chelette joins from Arula Systems. Omnilux is developing ultra-broadband wireless infrastructure. Omnilux is backed by Idealab.
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Boingo Lands In Louisiana
Santa Monica-based Boingo Wireless (www.boingo.com) has inked a deal with Verge Wireless Networks to add WiFi support in Baton Rouge and New Orleans. Boingo maintains a network of WiFi connection points.
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VC Investments Rise
Venture capital investing has increased to a nationwide total of $4.49 billion in the third quarter, with strong growth in Silicon Valley.
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Cymer Gets $20M From Intel
San Diego-based Cymer (www.cymer.com) has received strategic funding worth $20M from Intel. The two companies have signed a development agreement, which calls for Intel to invest $20M to accelerate Cymer's development of production-worthy extreme ultraviolet (EUV) lithography light sources. Cymer expects EUV lithography to become a commercial product in 2009.
posted on Tuesday, January 27, 2004(Full story)