Thursday, February 26, 2004Hughes Appoints VP Government RelationsEl Segundo-based Hughes Electronics has appointed Susan Eid as VP Government Relations. Eid was most recently legal advisor to Federal Communications Commission Chairman Michael Powell, and will oversee all regulatory and legislative affairs for Hughes Electronics and its DIRECTV subsidiary.
posted on Thursday, February 26, 2004(Full story)
Quest Revs Oracle, PeopleSoft Change Management ToolsIrvine-based Quest Software (www.quest.com) has revved its change management tool for Oracle and PeopleSoft. The company's Application Change Management (ACM) tool helps organizations manage patches and changes to those applications, reducing costs and risks of downtime.
posted on Thursday, February 26, 2004(Full story)
D-Link, Airespace In WLAN PartnershipFountain Valley-based D-Link (www.dlink.com) has inked a partnership with Airespace to co-develop a WLAN access point product with Lightweight Access Point Protocol (LWAPP) support. The partnership will accelerate delivery of new protocol, designed to allow for interoperability of access point and WLAN controllers.
posted on Thursday, February 26, 2004(Full story)
TCA Funds San Diego Biomed FirmsThe San Diego Network of Tech Coast Angels (www.techcoastangels.com) has disclosed investment in two new biotech firms, as part of the group's focus on early stage biomed investments in the area. The undisclosed amount of funding went to Angstrom Pharmaceuticals (www.angstrominc.com) and DermTech International (www.dermtechintl.com), both headquartered in San Diego. DermTech's funding was a follow on investment to a round it received in 2003, and follows investments last year in Q3DM and Opticon (More info...)
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Akonix Announces Microsoft Messaging SupportSan Diego-based instant messaging management software provider Akonix (www.akonix.com) announced that it will support Microsoft's new Microsoft Internet Security and Acceleration (ISA) Server 2004 when it is release next year. Akonix will be able to filter instant messaging traffic routed through the Microsoft instant messaging server product. Akonix is developing instant messaging filters and firewalls, and is backed by Menlo Ventures, Mission Ventures, Palomar Ventures, and Windward Ventures.
posted on Thursday, February 26, 2004(Full story)
Tekelec Buys Packet Switching Firm In $85M DealCalabasas-based Tekelec (www.tekelec.com) announced that it has entered into a definitive agreement to purchas Taqua Inc, a provider of next-generation Class 5 packet switching systems. The deal is a cash deal worth $85M plus assumption of options.
posted on Thursday, February 26, 2004(Full story)
Interview with Dan Slusser, Chairman of DTSDan Slusser is the Chairman of Agoura-based DTS, which recently received an award from the Los Angeles Venture Association for the Best Public Offering in 2003. As one of the few (only?) IPOs in the area last year, I thought it would be good to get a perspective on the company.
BK: I see that your company just won an award for Best Public Offering from the Los Angeles Venture Association. How and why did DTS decide to go public, in what seemed to be one of the worst years ever for IPOs?
(More info...)
posted on Thursday, February 26, 2004(Full story)