Monday, April 23, 2007Pipeline Software Merges With Intech ProfessionalsSanta Ana-based Pipline Software, a provider of SAP integration software and services, said Monday that it has completed a merger of assets and operations with Intech Professionals, a Sarasota, Fla.-based firm. The merged company will opearte as Pipeline Software and continue to be headquartered in Santa Ana. Financial terms of the merger were not disclosed.
posted on Monday, April 23, 2007(Full story)
Optical Communication Products AcquiredWoodland Hills-based Optical Communication Products, a manufacturer of fiber optic communications components, has been acquired in a $99M deal. According to Fremont, California-based Oplink Communications, the firm has signed a definitive agreement with Furakawa Electric Co., Ltd. to acquire a majority interest in OCP, which is a designer and manufacturer of fiber optical communications components. Oplink will pay $84M in cash plus 857,258 shares of Oplink common stock for the firm.
posted on Monday, April 23, 2007(Full story)
Southern California Venture Capital Investments Hit $1.1BErnst & Young and Dow Jones VentureOne released their quarterly venture capital deal flow numbers this morning, reporting that Southern California saw $1.10 billion in investments in the first quarter of 2007. According to the report, this is the third quarter in a row that Southern California has seen more capital investment than New England, and the first time that Southern California has topped $1B in investments in a single quarter since 2000. Overall, there was $6.96 billion in deals in the (More info...)
posted on Monday, April 23, 2007(Full story)
Napster to Launch Japanese Music Subscription ServiceLos Angeles-based Napster said today that it will soon be launching its first deployment of its over-the-air music subscription service in Japan. Napster said this morning that the service, which is a joint venture with Tower Records Japan and NTT DoCoMo, will offer wireless access to its unlimited music service for DoCoMo's wireless phones. Napster's over the air music service is an extension of Napster's PC-based Napster To Go music service, and will be available for free to existing Napster T (More info...)
posted on Monday, April 23, 2007(Full story)
Westinghouse Digital, AdtekMedia Launch Gas Station Media NetworkSanta Fe Springs-based Westinghouse Digital Electronics, a manufacturer of LCD TVs, and Costa Mesa-based AdtekMedia, a developer of a digital media network distributing content to gasoline station fuel pumps, said today that they are in an exclusive arrangement to accelerate AdtekMedia's "Pumptop TV" network. AdtekMedia's service provides content and advertising to consumers at fuel pump point of sale locations, including news, sports, entertainment, and traffic information. Westinghouse Digital (More info...)
posted on Monday, April 23, 2007(Full story)
STI Wins $4.7M ContractSanta Barbara-based Superconductor Technologies, a provider of components for the wireless communications market, said today that it has been awarded a $4.7M U.S. Air Force contract. The contract will go towards developing tunable RF components for wireless products. According to STI, the U.S. Air Force also has an option to extend the contract for 12 months, for an additional $5.4M. Superconductor Technologies said that the contract covers a project entitled Semiconductor-Tuned High Temperature (More info...)
posted on Monday, April 23, 2007(Full story)
Imagine Communications Announces Digital Video ICsSan Diego-based Imagine Communications announced a new product for the digital video market this morning. The firm's new Switched Digital Video (SDV) system provides video quality and bandwidth efficiency improvements for providers of cable television equipment. Imagine Communications is a developer of products for the IPTV and video-on-demand industry, and is funded by Carmel Ventures and Columbia Capital.
posted on Monday, April 23, 2007(Full story)
Kyocera Wireless In Aviation DealSan Diego-based Kyocera Wireless has scored a win with Dielectric Communications, a provider of systems used to remotely monitor, track, and report avaiation obstruction lighting for the aviation industry. Dielectric has incorporated Kyocera Wireless modules into its systems for connecting to CDMA wireless networks. Dielectric said that it will use the Kyocera module to monitor outages and other critical events, and transmit that information to its network operations center, so that the firm can (More info...)
posted on Monday, April 23, 2007(Full story)