Tuesday, May 3, 2005Cogent Acquires Kinetic SciencesSouth Pasadena-based Cogent Systems has acquired British Colunbia-based Kinetic Sciences, a developer of fingerprint sensor and identification solutions, for $750,000. Cogent said that it has acquired the assets and intellectual property of the firm, and in particular three U.S. patents focused on low profile optical sensors and image reconstruction technology. Cogent said that it believes that the technology will strengthen its competitive position in the commercial biometrics market. Cogent pr (More info...)
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Vativ Signs SMC Networks As First CustomerSan Diego-based Vativ Technologies is announcing today that it has received its first customer win, with Irvine-based SMC Networks. Vativ, a developer of 10 Gigabit Copper Ethernet transceivers, will provide its technology to SMC for use with SMC's high performance switch products. Vativ's technology allows for the transmission of high speed 10G Ethernet over CAT-5e cable, which is widely installed and very cheap to install. 10G Ethernet over copper technology lowers the cost of cabling dramatic (More info...)
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Conforma Therapeutics Raises $11MSan Diego-based Conforma Therapeutics announced yesterday that it has raised $11M in a final tranche of its Series C funding. Investors included Domain Associates, Forward Ventures, Inglewood Ventures, Lilly BioVentures, Novo A/S, Proquest Investments, RBC Capital Partners, RiverVest Venture Partners, and S.R. One Limited. All of the investors were part of the company's original Series C close. The company said that the funding will be used to advance the clinical development of the company's sm (More info...)
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Snap Adds News SearchingIdealab's Snap search engine has added a news search engine, powered by X1 Technologies and Moreover. The company's new site, newsfilter.com, uses an X1-style "search-as-you-go" interface that allows users to type in partial searches which are updated on the fly, showing the nearest matches. Like the X1 interface, the Snap.com search shows a preview of the web page on the right hand pane, including text and a snapshot of the web page view. X1 is also an Idealab company, and provides the desktop (More info...)
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Spitzer Sues Intermix Over Ad SoftwareNew York Attorney General Eliot Spitzer this week sued Los Angeles-based Intermix Media alleging that the firm installed intrusive ad software and spyware. The lawsuit, filed in New York, claims that Intermix installed ad-delivery programs without disclosure to users. The Attorney General said that the Intermix software redirects web addresses to Intermix proprietary search engines and web sites, as well as placing advertising toolbars and popups on users desktops. Intermix responded with a prep (More info...)
posted on Tuesday, May 3, 2005(Full story)