Friday, March 19, 2004Medea Ships New RAID ArraysCalabasas-based Medea Corp (www.medea.com) announced the shipment of the company's new 2-Gbit VideoRaid FCR and FCRX fibre channel disk arrays. The two arrays are focused on providing high sustained disk data rates for video and multimedia applications.
posted on Friday, March 19, 2004(Full story)
Quest Completes Aelita AcquisitionIrvine-based Quest Software announced that it has completed its $115M acquisition of Aelita Software. The acquisition, which was announced in January, adds Aelita's system management software for Microsoft Active Directory and Exchange to Quest's software portfolio.
posted on Friday, March 19, 2004(Full story)
DDD Integrates With Sanyo DisplaysSanta Monica-based DDD Group announced that it has integrated its 3D technology with SANYO's new glasses-free 3D LCD displays. The new displays provide 3D images without the need for glasses.
posted on Friday, March 19, 2004(Full story)
Kintera Buys Web FirmSan Diego-based Kintera (www.kintera.com) announced that it has acquired Carol/Trevelyan Strategy Group (CTSG), a provider of online tools for nonprofit organizations, political campaigns, and unions. The deal is worth roughly $5M in stock and $250K in cash. CTSG had 2003 revenues of $5.2M, and has 70 employees who will join Kintera.
posted on Friday, March 19, 2004(Full story)
IEEE Takes Stand On OffshoringThe Institute of Electrical and Electronic Engineers-USA (www.ieeeusa.org) announced Thursday its position on the offshoring debate. The group, which represents more than 225,000 electrical, electronic, computer, and software engineers here in the US, stated that offshoring contributes to high unemployment levels among U.S. technologists, and poses a serious, long-term challenge to the nation's technological and innovative leadership. The group called for a new US program to help displaced high- (More info...)
posted on Friday, March 19, 2004(Full story)
Wispry Raises $1MIrvine-based Wispry has raised $1M for its tunable RF components and modules. The round was led by the Tech Coast Angels, who invested more than $900K in the company. Wispry is based on micro-electro-mechanical systems (MEMS) technology and is a spinoff of Coventor.
posted on Friday, March 19, 2004 (More)(Full story)