Wednesday, April 28, 2004


Mindspeed Adds VP
Newport Beach-based Mindspeed Technologies (www.mindspeed.com) has added Esteban R. Torres as VP Strategy and Business Development. Torres joins from Broadcom, and has previously served at The Boston Consulting Group and Hughes Research Labs.
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Gemstar Appoints COO
Pasaden-based Gemstar-TV Guide International has appointed Mike McKee COO of TV Guide Consumer Electronics, which markets the company's interactive program guides and the plus code system. McKee was most recently president of TV Guide's satellite businesses.
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Ulead Upgrades Video Editing Suite
Torrance-based Ulead (www.ulead.com) has upgraded its VideoStudio digital media software. The company's new VideoStudio 8 adds features such as a movie wizard to allow consumers to quickly create videos, and improved effects and filters.
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Jamdat Ships Wireless Baseball Game
Los Angeles-based Jamdat (www.jamdat.com) has shipped a new wireless baseball game in conjunction with Major League Baseball. The company's new Jamdat Sports MLB 2004 features real lineups from all 30 Major League teams.
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Qualcomm Invests in China
San Diego-based Qualcomm has invested in Beijin-based Techfaith Wireless Communications Technology Limited, as part of a $14M VC round. Techfaith's products are based on CDMA2000 technology. Qualcomm has committed to invest up to $100M in strategic investments in China.
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Imagine Finds $3.7M
San Diego-based Imagine Pharmaceuticals has raised $3.7M in a Series A funding led by Forward Ventures. Other investors included Domain Associates and RCT Bioventures West. Imagine is developing biopharmaceuticals aimed at treatment of brain tumors and cancer.
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Pulse Link Raises $30M
Carlsbad-based Pulse Link announced that it has raised $30M in a Series D round of funding from Mobile Telecommunications Company, National Investment Company, and Jamson Holdings, as well a number of Kuwaiti companies. Pulse Link is developing ultra wideband solutions for wireless, cable television, and home electric power lines.
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