Tuesday, March 7, 2006


AWR Rolls Out EDA Software
El Segundo-based Applied Wave Research has upgraded its electronic design automation (EDA) software for radio-frequency ICs. The firm has rolled out Analog Office 2006, its latest version of its design software for radio-frequency integrated circuits (RFICs). The company said that its new version adds speed performance in layout editing, faster and more accurate design, better design rule checkers, and import capability for netlists.
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BasePoint Analytics Rolls Out Software For Fraud Prevention
Carlsbad-based BasePOint Analytics, a provider of fraud scoring software and services, said yesterday that it is helping mortage lenders combat fraud. Basepoint said that its FraudMark product uses neural network technology to find fraud using behavior history for applicants, brokers, appraisers, loan officers and other entities. The company said that its software helps banks identify which applications have the greatest risk of fraud.
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X Prize Foundation Hires Goodstein
The X Prize Foundation, the nonprofit organization behind the Ansari X Prize, the competition that put the first commercial vehicle in space, hashired Idealab's Mark Goodstein as an Executive Director. The foundation said that Goodstein will direct a new prize that will inspire entrepreneurial innovation in the automotive industry. Goodstein said in a statement that the prize is about leveraging cash and opportunity to effect positive change in the environment, economy and geopolitics. Goodstei (More info...)
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VU Games Goes Mobile
Los Angeles-based Vivendi Universal Games has opened up a new division to focus on mobile games. The firm said today that its new division, Vivendi Universal Games Mobile (VUG Mobile) will be dedicated to publishing games for the emerging mobile games market. As part of the new division, VU Games has hired Paul Maglione, who was formerly Senior VP of Marketing of mobile games publisher I-play/Digital Bridges. The new unit is based in Paris, France with regional North American headquarters here i (More info...)
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Favrille Gets $45M In Private Placement
San Diego-based Favrille has received a private placement worth $45M. The publicly held firm said that it has received the $45M from MPM BioEquities, with participation by Federated Kaufmann Fund, T. Rowe Price Associates, Tang Capital Management, ProMed Management, Forward Ventures, Sanderling Ventures, Alloy Ventures and William Blair Capital Partners. The firm said that the funding would be used to continue clinical development of its treatment for non-Hodkin's lymphoma, and to aggressively p (More info...)
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Yahoo Opens APIs
Yahoo has opened up new Web Services application interfaces to developers, the firm said today. Yahoo said that it has made four new enhanced Web Services Application Program Interfaces (API)s through its development network. The APIs enable developers to leverage Yahoo's photo, calendar, MyWeb, and shopping interfaces. The new interfaces allow outside developers to build custom applications on top of existing Yahoo services. Yahoo will also launch a gallery of new, Yahoo-based applications.
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Cisco Buys SyPixx for $51M
Cisco Systems has purchased SyPixx, a Connecticut-based provider of video surveillance software and hardware, for $51M. Sypixx has offices in Carlsbad, California. Cisco said that the acquisition will support the deployment and control of new security applications from the firm. Sypixx developed products for the delivery of broadcast-quality video, audio, and data across standard Ethernet and IP Networks.
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Atempo Acquires Storactive
Palo Alto-based storage software provider Atempo said yesterday that it has acquired Marina del Rey-based Storactive. Financial terms were not disclosed. Storactive was developing backup and recovery software for PC platforms and continuous data protection (CDP) software. Atempo said that the acquisition would accelerate its growth into the Information Lifecycle Management (ILM) market. Both of Storactive's locations, one in Marina Del Rey and the other in Moscow, Russia, will continue to be mai (More info...)
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Interview with Bill Reichert, Garage Technology Ventures
My interview this morning is with Bill Reichert, President and Managing Director of Garage Technology Ventures (www.garage.com). Bill is the keynote speaker at tomorrow's Software Industry Awards in Los Angeles, and gave me his thoughts on the market. Ben Kuo: Bill, What's your opinion on the state of venture capital and entrepreneurship. It seems like tech is finally back -- what's your view of the market? Bill Reichert: Yes, tech is back. The memories of the dark days of 2001 and 2002 have (More info...)
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