Tuesday, June 14, 2005
Moseley Buys Bankrupt Proxim
Wireless networking equipment maker Proxim (PROX) has filed for Chapter 11 bankruptcy protection and has been sold. The company is selling most of its assets to Santa Barbara-based Moseley Associates, a telecommunications equipment maker. The deal is worth $21M. Proxim will become a wholly-owned subsidiary of Moseley, which has acquired a number of communications firms in recent years. According to the companies, the acquisition gives Moseley a portfolio of products covering the 200MHz to 38GHz (More info...)

posted on Tuesday, June 14, 2005(Full story)

Seagull Software Acquires Oak Grove Systems
Calabasas-based Oak Grove Systems, a maker of business process management (BPM) software, has been acquired by Atlanta-based Seagull Software (SEAGULL). Seagull will add Oak Grove's BPM technology to its LegaSuite platform of software solutions. Oak Grove is a privately funded spinoff of the NASA JPL Laboratories. The company's software includes support for service oriented architecture (SOA) and integration of legacy applications. Financial terms of the deal were not disclosed. According to Oak (More info...)

posted on Tuesday, June 14, 2005(Full story)

UCSB, Burnham, Scripps Get $13M For Nanotechnology
The University of California, Santa Barbara, and La Jolla-based The Burnham Institute and Scripps Research Institute, said Monday that the research institutions have received $13M to develop new designs using nanotechnology to detect, monitor, and eliminate plaque, the probably cause of death from sudden cardiac arrest. The partnership, which includes 25 scientists, were chose by the National Heart Lung and Blood Institute (NHLBI) of the National Institutes of Health (NIH). The team will build n (More info...)

posted on Tuesday, June 14, 2005(Full story)

Broadcom Shows HDTV Over DSL
Irvine-based Broadcom said yesterday that it has demonstrated the first live HDTV over DSL broadcast. The company's IPTV set top box showed a live HDTV broadcast of the French Open Tennis Tournament the beginning of this month, in a demonstration showing the ability to broadcast high resolution HDTV broadcast and on-demand over existing DSL networks. The IPTV set top box uses the new MPEG-4 Part 10 compression format, which allows for the compression of HDTV quality broadcasts over ADSL2+. Accor (More info...)

posted on Tuesday, June 14, 2005(Full story)

IFILM, blinkx Partner For On-Demand Video
Los Angeles-based IFILM has partnered with blinkx, a video search engine firm to search rich media content available at IFILM. The two companies said that blinkx will include all of IFILM's movie, short film, TV chip, video game trailers, music videos, and other content in the blinkx search engine. The companies said that blinkx's advanced search capabilities will allow IFILM users to search IFILM's library for the content they are looking for. blinkx searches video content for concepts and link (More info...)

posted on Tuesday, June 14, 2005(Full story)

QAD Partners With Indian Outsourcing Firm
Carpinteria-based QAD and Indian outsourcing firm Tata Consultancy Services said this morning that the two companies have entered into a strategic partnership to push QAD's manufacturing solutions. The two companies are already working together to design and implement solutions at customers based on QAD's software. QAD's popular MFG/PRO software is used by companies to manage their manufacturing process. Tata will complement QAD's software with business consulting and IT infrastructure services, (More info...)

posted on Tuesday, June 14, 2005(Full story)

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