Thursday, March 4, 2004


Mobile Scope AG Opens US Offices
Mobile Scope AG (www.mobilescope.com), a publisher of interactive entertainment software for mobile devices, announced it has opened US Offices. Cathy Tische will head the offices and has been appointed SVP Sales and Marketing. Tische has worked at JVC Interactive, Mattel Interactive, 3DO, and Infogrames.
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DivXNetworks Licenses Video Decoder
San Diego-based DivXNetworks has announced a licensing agreeement with HandHeld Entertainment to integrate its DivX video decoder with HandHeld's personal video player. The licensing agreement will allow the video player to support both DivX and MPEG-4 compatible files for video playback.
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Gateway Axes Jobs
Poway-based Gateway is planning to cut the number of jobs at the company by over 2000 positions, according to the company's CFO. The company is planning to reduce the company's headcount once the merger with Irvine-based eMachines is complete.
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Engineering Unemployment Rate Still At Record Highs
A recent IEEE analysis of Department of Labor data shows that, despite the uptick in the economy, the unemployment rate for electrical and electronics engineers was at a record 6.2 percent in 2003, compared to only 2.0 percent in 2001 and 1.3 percent in 2000. The quarterly EE jobless rate did fall in the last quarter--despite no increase in actual employed EE's, which the trade group has attributed to engineers changing professions or stopped looking for comparable work. The analysis showed simi (More info...)
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Altasens Spins Off From Rockwell Scientific
Thousand Oaks-based Altasens, a new company focused on CMOS image sensors, has been spun off from Rockwell Scientific's CMOS Image Sensors Group in Thousand Oaks. The new company is being supported by ITX Corporation of Japan. The company's image sensors are being used in Ikegami and JVC professional HDTV vidoeo cameras.
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SkinMedica Raises $25.8M
Carlsbad-based SkinMedica has raised $25.8M in venture founding. The Series D funding came from Perseus-Soros BioPharmaceutical Fund, as well as St. Paul Venture Capital. Existing investors Apax Partners and Domain Associates also participated. SkinMedica is commercializing pharmaceuticals for dermatology. Andrew N. Schiff of Perseus-Soros will join the board.
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