Monday, December 11, 2006SAIC Invests In Zebra ImagingSan Diego-based Science Applications International Corporation said Monday afternoon that it has entered into a master marketing agreement with Austin, Texas-based Zebra Imaging, a developer of 3D display technologies. SAIC also said that it made a strategic investment in the firm through its SAIC Venture Capital investment arm. Zebra Imaging develops holograms and 3D full color displays. Terms of the investment were not disclosed. SAIC is a provider of engineering, systems integration and other (More info...)
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Report: Global VC Investments To Hit $32B In 2006Dow Jones VentureOne and Ernst & Young are reporting today that venture capital investors are on track to invest more than $32 billion in 2006, the most capital invested in the sector since 2001. The analysis, conducted by the two companies, found that there was $25.39B invested in the first three quarters of the year, with deal totals expected to top $32B after the fourth quarter. The study found interest in new markets, such as China, clean technology, and Web 2.0 were driving the invesments, (More info...)
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Tech Coast Angels Starts Seed Program, Makes InvestmentThe Tech Coast Angels, the largest Southern California angel investment group, is announcing today that the group is starting a new, funding program specifically targeted at early stage San Diego companies. The TCA San Diego group said that it has created a new Seed program for qualified technology and biomedical companies, with proven technologies who need senior management and seed capital. The first company to receive funding through the seed program is eefoof.com, which recently raised $225, (More info...)
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Broadcom Ships 1080p Digital TV ChipIrvine-based Broadcom has shipped a new, single-chip 1080p digital TV solution, which the firm says is the industry's first. Broadcom's new digital television chip provides a television in a chip, targeted at manufacturers developing high definition television sets. The 65nm system-on-a-chip implements the HD1080p standard, which is the highest quality video display standard for HDTV. The silicon is targeted at manufacturers looking to reduce complexity and system cost for their next generation (More info...)
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Qualcomm Adds Assisted GPS OfferingSan Diego-based Qualcomm has added a new, assisted-GPS offering to its lineup, as the firm focuses in on enabling location based service. The company said that its new BREW Locate Signature Solution provides assisted GPS for wireless operators looking to enable location-based services. Assisted GPS is the use of cell phone signal information from operators to reduce time-to-fix for GPS-enabled devices; assisted-GPS typically reduces the amount of time required significantly because an initial po (More info...)
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Fonality Targets Middle MarketLos Angeles-based open source PBX provider Fonality said today that it is looking to target middle market customers with a new reseller program. The firm said that it is looking to address the 50 to 500 seat middle market customer with its products, by adding new tiered certification and training programs. Fonality has been focused on the SMB market for its PBX systems, which are based on the Asterisk open source PBX project.
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Spot Runner In Alliance With Diamond Marketing GroupLos Angeles-based Spot Runner, which provides online ad services for placing television advertising spots on cable and local television, said today that it is in an alliance with a diamond jewelry retailer group behind the "A Diamond Is Forever" market capmpaign. The firm and Diamond Promotion Services said they are in a strategic alliance to help diamond jewelry retailers promote their businesses. Spot Runner will provide customized advertising spots that complement the DPS marketing initiative (More info...)
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Wispry Hires VPsIrvine-based WiSpry, a firm developing tunable RF components and devices for the wireless industry, said today it has hired two new VPs. Scott Feltenberg has joined the firm as VP of Finance, and Collin Baker has joined the firm as VP of Customer Engineering. Feltenberg has served at Jazz Semiconductor, Emulex, Qlogic, and Stanford Applied Engineering; Baker joins the firm from LSI Logic and Rockwell Semiconductor (Conexant).
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