Friday, October 13, 2006Internap Acquires VitalStream For $217MInternap Network Services Corp. said yesterday that it is acquiring Irvine-based VitalStream Holding, a provider of content delivery services and streaming media. The deal is worth approximately $217M. Both of the companies provide CDN services to online media properties. The firms said that the transaction is expected to close in Q1 of 2007.
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Interview with Santi Pierini, SVP Marketing, Day SoftwareDay Software (www.day.com) is a Newport Beach-based firm in the software market, providing enterprise content management tools and infrastructure products. We talked with Santi Pierini, SVP of Marketing for the firm, to get a better understanding of what the firm does. We also talked a bit about the firm's Swiss roots, and why it decided to make Southern California its U.S. headquarters. We also spoke to him about the company's move into the open source software market with the JSR170 standard. (More info...)
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Parexel Buys San Diego Clinical Research Firms For $65MBoston-based Parexel International has acquired two San Diego-based clinical research firms. Parexel said that it has purchased California Clinical Trials Medical Group, Inc. and Behavioral and Medical Research, LLC, both based in San Diego. The deal is worth $65M. Parexel is a provider of outsourced research services to the pharmaceutical industry.
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Fonality Adds ExecsLos Angeles-based Fonality has added two new executives, the firm said this week. The provider of open source, Asterisk-based PBX systems, said that it has added Chris Vuillaume as Vice President of Business and Channel Development, and Bruce Runyan as VP of Operations and Customer Care. Vuillaume was most recently at Alcatel, and was a co-founder of NetManSys. Runyan was most recently at Autodesk, and has also served at Genesys Telecommunications and Borland.
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Ixia Postpones Q3 Results AnnouncementCalabasas-based Ixia has postponed the announcement of its third quarter 2006 results. The firm said in a statement yesterday that it is postponing the release of its Q3 results pending completion of an internal review of its software upgrade and support practices. The company said that the review is being conducted by its Audit Committee, and that it expects to announce results as soon as practicable after completion of the review. Ixia is a provider of network test equipment and software.
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Iomega Ships New AutoloaderSan Diego-based Iomega is shipping a new auto loader targeted at small businesses, saying earlier this week that its new Iomega REV Loader 560 is now available. The new autoloader is the second generation of its desktop devices for backing up data to its REV devices. The new product supports up to 560GB of storage, for up to 1.12TB of compressed backup capacity. The new autoloaders are expected to be available for around $1,600.
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ViewSonic Certifies For VistaWalnut-based ViewSonic, a maker of LCD monitors and displays, said Thursday that it has certified its entire LCD Monitor Line with Microsoft's upcoming Windows VIsta operating system. The firm said all of the displays will carry the Certified for Windows Vista logo. The firm said that all future models of its LCD displays will also carry the certification.
posted on Friday, October 13, 2006(Full story)