Tuesday, November 2, 2004
Peregrine Semiconductor Raises $17.6M
San Diego-based Peregrine Semiconductor has raised $17.6M in a Series C financing. The round was led by Ridgewood Capital and Palisades Ventures, and included participation by existing investors Morgenthaler Ventures, Technology Venture Partners, Australasian Media and Communications FUnd, newLight Ventures, and Wasserstein Ventures. Peregrine develops RF semiconductors targeted at the wireless infrastructure, broadband, GPS, and military segements. The company said the funding would be used to (More info...)

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DTS Acquires Canadian Company
Agoura Hills-based Digital Theater Systems (DTS) announced that it has completed the acquisition of QDesign, a Canadian audio technology company, and established a Canadian operation. The new DTS Canada ULC team will develop audio products and research & development in Vancouver BC. DTS said that the new team will focus on entertainment delivery in lower-bit rate, bandwidth-constrained environments such as wireless audio, portable devices and the Internet.

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Pfizer Plants Roots In La Jolla
Drug discovery giant Pfizer announced this morning that it has planted permanent roots in the company's La Jolla facility, spending $372M to purchase the company's R&D campus there. The campus, which is working on new medicines in cancer, HIV, Hepatitis, Blindness, and Diabetes/Obesity, spans 33 acres and includes 1 million square feet of laboratory and office space. The company said that it has already invested more than $150M in improvements to the campus over the last 3 years. Pfizer's La (More info...)

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Quest Ships Policy Management Tool
Irvine-based Quest Software has shipped a new product for group policy management. The company announced this morning its new Quest Group Policy Manager tool for Microsoft Windows Active Directory. The new tool helps Windows Server 2003 administrators deploy and manage group policies for securing their Windows infrastructure. The company said the new tool allows for rollback of changes and historical tracking, and is licensed per user.

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Entropic Adds to Board
San Diego-based Entropic Communications announced that it has added Amir Mashkoori to its board of directors. Mashkoori is a senior Vice President and Advanced Micro Devices (AMD) where he heads the flash memory and wireless joint venture between AMD and Fujitsu. Entropic is developing chipsets for consumer electronics such as set top boxes and digital video recorders.

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