Wednesday, January 26, 2005Akonix Rolls Out IM ApplianceSan Diego-based Akonix has launched a new, integrated instant messaging appliance. According to the company, its Akonix L7 CM5000 appliance provides all-in-one IM management, compliance, and security. The appliance runs the Akonix software suite on a hardened, pre-loaded system and is designed to reduce set up time and adminstration for the company's products. The 1U rack mounted server appliance includes features of the Akonix L7 Enterprise and Akonix Enforcer software. Akonix software allows f (More info...)
posted on Wednesday, January 26, 2005(Full story)
Nomadix Teams With Metro Wireless ProviderNewbury Park-based Nomadix said that it has teamed with BelAir, a Canadian provider of wireless solutions, to market wireless networks for hot zone and high density municipal deployment. BelAir and Nomadix equipment will be combined to create an integrated management and billing solution. The Nomadix solutions will work with BelAir switch routers in wide area Wi-Fi networks targeted at high-density downtown areas, large hotels and resorts. The two companies will work on joint sales and marketing (More info...)
posted on Wednesday, January 26, 2005(Full story)
Genetronics Acquires Gene Therapy FirmSan Diego-based Genetronics, a developer of oncology and other therapies, announced that it is acquiring Oslo-based Inovio AS, a company developing gene delivery technology. Inovio's electroporation gene therapy and DNA vaccine use will be combined with Genetronics own electroporation therapy program. The deal is worth $3M in cash and $7M in stock, with possible earn out based on revenue milestones. Iacob Mathiesen of Inovio will serve as Executive Director Gene Delivery of Genetronics. Both com (More info...)
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NetSol Acquires Accounting Software FirmCalabasas-based NetSol Technologies announced that it has agreed to acquire UK-based CQ Systems, a provider of accounting and administrative software and services. CQ Systems has annual revnues of approximately $5M, according to the company. CQ Systems provides accounting an dadministrative software to leasing and finance companies in Europe, Asia and Africa. Netsol provids solutions for the lease and finance industry, including consulting and application development to systems integration and o (More info...)
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CallWave Rings Up VoIP TechnologySanta Barbara-based CallWave said yesterday that it has made an equity investment and entered into a license agreement with London-based ring2 Communications Ltd., a provider of enhanced telephony and conference applications for businesses. ring2 provides PC-based person-to-person calling and conference-call services through a PC software application. CallWave said that the deal will allow it to offer broadband outbound dial capability to its users.
posted on Wednesday, January 26, 2005(Full story)
Medsphere Raises $7.5MAliso Viejo-based Medsphere announced yesterday that it has raised $7.5M in Series B venture funding for its electronic health records management system. Funding came from Azure Capital Partners, with participation from existing investors Thomas Weisel Venture Partners and Wasatch Venture Fund. Larry Augustin, former Venture Partner at Azure Capital, will join the company as CEO. Medsphere's OpenVista software is used by health organizations to capture and organize patient care and adminis (More info...)
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Sending WiFi Into The WildVisitors looking to get it away from it all will have to try harder to avoid the office. California State Parks and SBC Communications this week announced an agreement to roll out wireless access at state parks, starting with San Elijo State Beach outside San Diego. SBC will deploy wireless access in 84 other California State Parks, enabling park visitors to connect to the office through a high speed Wi-Fi connection. According to State Parks Director Ruth Coleman, the department thinks that vis (More info...)
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Yahoo Sets Up Shop In HollywoodAccording to a report by CNET, Yahoo has decided to set up a Southern California-based media group for its entertainment properties. CNET reports that Yahoo Chief Operating Officer Dan Rosensweig sent an internal email announcing a new Yahoo Media Group to be based in Santa Monica. The new group will focus on Yahoo games, news, sports, finance, movies, and music services, including Launch and Musicmatch. The move comes after a long history of acquisitions in the Southern California area, includi (More info...)
posted on Wednesday, January 26, 2005(Full story)
Interview with Joe Platnick, Pasadena AngelsIn my continuing coverage of Los Angeles Technology Week, I sat down with Joe Platnick, a Pasadena Angels member to learn more about the group's program this Thursday on entrepreneurship. socalTECH.com is a sponsor of the event. BK: What's the goal of the LA Tech Week entrepreneur program on January 26th, and how are the Pasadena Angels involved? JP: For next week's Second Annual Los Angeles County Technology Week (www.latechweek.com), we knew it was important to offer a program for entreprene (More info...)
posted on Wednesday, January 26, 2005(Full story)