Monday, December 5, 2005Motia Hires VPsPasadena-based Motia said today that it has hired two additional executives to the firm. Motia has hired Skip Hoover as VP of Sales and Jim Mravca as VP Strategic Marketing. Hoover was most recently VP World Wide Sales at Sirenza Microdevices, and has served at WJ Communications and M/A-Com. Mravca was most recently VP Strategic Marketing at WJ Communications and has also served at Watkkins-Johnson. Motia is developing smart antenna semiconductors for improviding the performance of wireless syst (More info...)
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DispenseSource Hires Professional Services HeadIrvine-based DispenseSource has hired a new EVP of Professional Servieces. The company announced this morning that J.D. Harris has been appointed to the position, where he will oversee customer care, customer service, and professional services and outsourcing. Harris joins from HighJump Software, and has held positions at Vision Technologies and Ernst & Young. DispenseSource is developing automated dispensing systems for industrial supplies and maintenance and operations. The company is back (More info...)
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eEye Upgrades Security SoftwareAliso Viejo-based eEye Digital Security said this morning it has upgraded its security management tools with a new version of its security console. The security software and research firm said its REM 3.0 security management console provides a single point of visibility to view computer vulnerabilities and threats. The console is included in a bundled suite of software with its Retina and Blink vulnerability and endpoint security products. The new software adds the ability to view metrics and gr (More info...)
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Kintera Closes Private PlacementSan Diego-based Kintera said today that it has closed a private common stock financing for the firm, worth $13.5M. The funding came from undisclosed institutional investors, and included 4.5M shares of common stock at a price of $3.00 per share. Kintera is listed on the NASDAQ as KNTA. The company provides online services for nonprofit organizations, including online giving, community services, and more.
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Gemstar-TV Guide Sells SkyMallLos Angeles-based Gemstar-TV Guide International said today that it has sold its SkyMall business to a group of private equity investors for $52M. Gemstar said that it sold SkyMall to Spire Capital Partners and affiliates in a merger transcation that closed December 1. Rich Battista, CEO of Gemstar-TV Guide, said in a statement that Skymall was not core to the company's plans going forward. SkyMall is a retailer of products and services, known for its in-flight product catalog distributed throu (More info...)
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Inphi Raises $12.0MWestlake Village-based Inphi, a developer of high speed precision semiconductors, has riased $12.0M, according to a regulatory filing. Inphi's investors include Mayfield, Tallwood Venture Capital, Walden International, and new investor Flextronics. A spokesperson for the company confirmed the funding and regulatory filing Friday, but declined any further comments on the details on the funding. Inphi develops Indium-Phosphide (InP) based semiconductors targeted at precision timing, optical commun (More info...)
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Liberty Media Buys Provide Commerce For $477MEnglewood Colorado-based Liberty Media said this morning that it is acquiring San Diego-based Provide Commerce, the operator of ProFlowers, Cherry Moon Farms, Uptown Prime, and Secret Spoon. Liberty Media agreed to pay $477M in cash for Provide Commerce, in a deal which has been approved by the board of both of the companies. Provide Commerce's online e-commerce stores sell grower-shipped flowers, gourmet fruit baskets, steaks, and other gifts via the Web. Liberty said that Provide Commerce wil (More info...)
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