Monday, June 20, 2005
Akonix Raises $12M Series C
San Diego-based Akonix has raised a new $12M Series C venture funding round. The round was led by General Motors Asset Management, and included participation by existing investors Menlo Ventures, Mission Ventures, Palomar Ventures, and Windward Ventures. Akonix said that the new funding would be used to support investments in sales, marketing, customer support and product development. Akonix develops instant messaging security, compliance, and management appliances.

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Semtech Acquires RFIC Design Firm
Camarillo-based Semtech announced this morning that it is acquiring XEMICS, a fabless semiconductor firm specializing in ultra low power RF, analog, and digital IC designs. XEMICS is based in Switzerland, and has 77 employees. The deal is worth $43M in cash and an additional $16M in earn out. XEMICS is a spin out of the Swiss Center for Electronics and Microtechnology (CSEM) and provides expertise in low-power, low-voltage designs to sensor interfacing/data acquisition, RISC microcontrollers, R (More info...)

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Sony, Warner Collaborate on Online Gaming
San Diego-based Sony Online Entertainment and Burbank-based Warner Bros. Interactive Entertainment announced last week that the two companies have signed an exclusive long term agreement to develop massively multiplayer online games. Sony will develop a DC Comics-based massively multiplayer online game for the PC and consoles, and will acquire The Matrix Online game. The Matrix was originally developer by Warner Bros. Interactive Entertainment. DC Comics is the publisher of Superman, Batman, Won (More info...)

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Wind River, Green Hills Settle
Santa Barbara-based Green Hills Software and competitor Wind River Systems said today that the companies have settled all current litigation between the companies. The non-monetary settlement calls for Wind River to provide Green Hills with the object code to Wind River's VxWorks real time operating system. The two companies have been in a contract dispute over Wind River's failure to honor a contract to provide VxWorks updates to joint customers. VxWorks is a popular operating system used for e (More info...)

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Apani Rolls Out Cisco Support
Brea-based Apani Networks is rolling out Cisco VPN clients for Cisco 3000 VPN gateways. The company said that its new software allows users of the Dell Axim, HP iPaq, and other Windows-based handhelds to access corporate networks over 802.11 and GPRS connections. Apani develops third party VPN clients for mobile computing devices, used to allow users to connect to virtual private networks. VPNs are typically used by companies to allow for remote connections by workers to an internal network.

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