Thursday, January 4, 2007Intel, CinemaNow PartnerMarina Del Rey-based video download service CinemaNow and Intel Corp. said Thursday that the two companies are in a collaboration to Intel Viiv specific support for legal downloading and recording of motion pictures to blank DVD discs. Intel and CinemaNow said that the two will optimize CinemaNow's Burn-to-DVD service for Intel Viiv-based PCs, and that CinemaNow will also deliver Intel Viiv-specific technology capabilities, including access to home movie content over home networks. CinemaNow has (More info...)
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Symmetricom Acquires QoSmetricsSan Jose-based Symmetricom said Wednesday that it has acquired Camarillo-based QoSmetrics, a provider of testing equipment for the IPTV market, in a deal worth $16M in cash. QoSmetrics develops testing equipment used for monitoring IPTV, VoIP, and video on demand video streams. QoSMetrics has received venture funding from CDC Enterprises Innovation, Innovacom, and TechFund Capital.
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CoorsTek Acquires Gaiser ToolColorado-based CoorsTek, a provider of ceramics and components for the high tech market, said this morning that it has acquired Gaiser Tool Company, a high-quality ceramic precision tooling manufacturer based in Ventura. Gaiser Tool provides wire bonding technology and ceramic products used by the semiconductor industry. Financial terms of the acquisition were not disclosed. Gaiser Tool also maintains operations in Tokyo, Japan, and was founded in 1962.
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Broadcom Completes Acquisition of LVL7 SystemsIrvine-based Broadcom said Wednesday afternoon that it has completed its acquisition of LVL7 Systems, a North Carolina-based developer of networking software. The deal was worth $62M in cash, and was announced in November. LVL7's software is used by origial equiment manufacturers to develop SMB networking products.
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On Assigment Buys Oxford Global Resources For $200MCalabasas-based On Assigment, a provider of healthcare and lab support staffing services, said Wednesday that it is acquiring Oxford Global Resources, a provider of information technology and engineering staffing services for $200M. The deal consists of $190M in cash plus $10M in stock, and also includes upt o $12M in earnout. The acquisition is an expansion of On Assigment's temporary staffing services, which previously focused on the laboratory and health sector. Oxford's 2006 revenues are exp (More info...)
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Napster Claims 48,000 New SubscribersLos Angeles-based Napster is claming that it has added 48,000 new subscribers to the firm's music download service this quarter, bringing the firm's total subscriber based to 566,000 paid worldwide subscribers. The publicly held firm provides digital download services and subscriptions of music. Napster said that it expects to report more than $28M in revenue for the quarter, including university and Napster Japan subscribers.
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AdStar Gets Win At Vancover SunMarina Del Rey-based AdStar, a provider of e-commerce software for the classifieds industry, said today that the Pacific Newspaper Group, which published The Vancouver Sun and The Province, will integrate the firm's web-based ad technology into its print and online classified ad offerings. Size of the deal was not disclosed. AdStar provides technology that allows for the scheulding, creation, and payment for classified ads.
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NextWave Wireless Moves To NasdaqSan Diego-based NextWave Wireless, a provider of mobile and broadband products, announced yesterday that the firm has moved to the Nasdaq Global Market. The firm, which was previously trading over-the-counter, will be traded on the Nasdaq under the symbol WAVE. NextWave develops WiMax semiconductors and devices for mobile device and infrastructure manufacturers and the wireless industry.
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Paramount Adds Mobile Phone PortalHollywood-based Paramount Pictures said today that it has launched a new mobile phone portal to deliver content to mobile devices. The firm, which is a unit of Viacom, said that the new portal will promote theatrical and DVD releases, and allow visitors to browse and purchase movie-related content on their mobile phones. Paramount is tapping Crisp Wireless for the content management software for the portal.
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