Thursday, April 26, 2007
Search socalTECH On Google Co-Op
Search socalTECH On Google Co-Op

Google recently announced Google Co-Op, a way for users to see results
from other web sites when you search directly from Google's home page.
Using Google Co-Op, you can "subscribe" to see the latest news stories
from socalTECH, pertaining to the topic you are searching on in Google.

For example, if you search for "merger" you'll see the last three articles about a merger or acquisition listed in a box on top of your Google results.

You can sign up at:

Orexigen Prices IPO
San Diego-based Orexigen, a firm developing treatments for CNS disorders and obesity, priced its IPO yesterday, saying it would offer seven million shares of its common stock at $12.00. The firm will trade on the Nasdaq Global Market as OREX. The firm is venture backed by Domain Associates, Kleiner Perkins Caufield & Byers, Sofinnova Ventures, Scale Venture Partners, Montreaux Equity Partners, Morgenthaler, MPM Bioequities, and Wasatch Advisors. The IPO is worth approximately $84M, and was under (More info...)

posted on Thursday, April 26, 2007(Full story)

CSC Acquires Covansys
El Segundo-based Computer Sciences Corporation said late Wednesday that it is acquiring Covansys Corporation, a publicly held provider of outsourcing services for the healthcare, financial services, and other indutries, in a deal worth approximately $1.3B. CSC said that it will acquire Covansys for $34.00 per share in cash, in a deal which is expected to complete in CSC's second quarter. The firm's CEO, Van B. Honeycutt said that the acquisition is expected to strengthen the firm's capabilities (More info...)

posted on Thursday, April 26, 2007(Full story)

Fonality Partners With Telecom Firm
Los Angeles-based Fonality, a provider of IP PBX products based on the open source Asterisk software, said today that it has partnered with Matrix Business Technologies, a telecom services provider. Matrix has selected Fonality's PBXtra solution. Matrix will provide its small and medium sized business customers with the product, which is used to managed business phone systems. Fonality develops IP PBX phone systems based on the open source Asterisk software and standard PC platforms, used to rep (More info...)

posted on Thursday, April 26, 2007(Full story)

Language Weaver, Janya In Marketing Deal
Janya, a New York-based provider of information extraction and text analytics technology, and Los Angeles-based automated translation software firm Language Weaver, announced yesterday that the two are in a new strategic marketing and technology partnership. The two said they will develop a solution that integrates technology from both of the firms. Janya develops software which handles correlating data to find key entities, relationships, and events, and is used by intelligence analysts to disc (More info...)

posted on Thursday, April 26, 2007(Full story)

QLogic Ties Into Oracle Linux Effort
Aliso Viejo-based QLogic, a provider of hardware products for the storage area networking industry, said today that it has joined Oracle's Unbreakable Linux Program, a program to provide enterprise support for the Linux operating system. QLogic said that its Fibre Channel HBAs with provide full interoperability with Oracle's Enterprise Linux product. QLogic's HBA products are used to connect servers into enterprise storage networks.

posted on Thursday, April 26, 2007(Full story)

OnHollywood 2007 - May 1-3, Hollywood
OnHollywood 2007
The digital media and entertainment market for executives
May 1-3, 2007
Hollywood Roosevelt Hotel

ONHOLLYWOOD is where cutting-edge technology CEOs from the back streets of Silicon Valley meet the Hollywood digital entertainment and media elite. This two-and-a-half-day executive event features CEO presentations and high-level debates on which forces are disrupting user behavior and creating new opportunities in the video, music, gaming, search, and mobile industries.

Over 700 technology, entertainment and media CEOs, studio heads, business development officers, media buyers, venture capital and private-equity investors, and leading members of the press and blogging community will attend OnHollywood. Over 20,000 webcast viewers from over 100 countries will also tune in and interact with the program. Executives attend OnHollywood to identify and debate emerging trends, build high-level relationships and create new business opportunities.

Create new strategic partner deals, meet big potential customers, find investment capital and representation – all at ONHOLLYWOOD 2007.

Special 50% discount for socalTECH members

Find new sales opportunities from wherever you happen to be.
Business networking is a way of life for most sales people, consultants, and entrepreneurs. Unfortunately, the vast majority of networking events are a waste of time. You’ve probably fought traffic to attend events, only to discover there are no appropriate partners or clients to be found. B2B Power Exchange is different.

We host 23 monthly breakfast meetings in Southern and Northern California, Scottsdale, AZ and Portland, OR where you can meet high-caliber business partners. We also host 12 online meetings that can connect you with partners in other parts of the country. Many breakfast meetings are discounted, and the online meetings are free through May. Visit for more info.

Costello and Sons Technology Insurance Brokers
Insuring Innovation.

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