Thursday, May 31, 2007Accordent Gets Microsoft CertEl Segundo-based Accordent Technologies, which develops products for online webcasting and media presentations, announced Thursday that the firm has received certification from Microsoft. The firm, whose software is used by enterprise and public sector organizations for rich media communications, said it attained Gold Certified Partner status. Accordent's software is used by companies for training, multimedia presentation, and webcasts.
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Vadnais Replaces Zarley At ValueClickWestlake Village-based ValueClick said Thursday morning that its board of directors has elected Tom A. Vadnais as the company's CEO, replacing James Zarley, the firm's chief executive since 1999. Zarley will become executive chairman of the company's board of directors. Vadnais was most recently the firm's President, after joining the firm in 2001 with the acquisition of Mediaplex. Vadnais is also a member of ValueClick's board of directors.
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Broadcom Expands In TaipeiIrvine-based semiconductor firm Broadcom is expanding its design center in Taipei, Taiwan, the firm disclosed Thursday, in what it calls a "significant expansion" of a cellular design center. The center, which helps customers develop Microsoft Windows Mobile-based smart phones based on Broadcom chipsets, is located in the Xin-Yi district of Taipei City. Details of the expansion were not disclosed, however the company said that it employs a sizeable team of software development engineers focused (More info...)
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MySpace, The Globe.com Settle LawsuitLos Angeles-based MySpace and The Globe.com announced today that the two have settled a spam lawsuit that MySpace had filed against The Globe.com. The lawsuit, which was filed by June 2006, contended that The Globe had violated California and federal law by sending 400,000 unsolicited email messages to MySpace users, in violation of the CAN-SPAM Act and the California Business & Professions Code Section 17529.5. Terms of the settlement were not disclosed. According to the firms, The Globe.com wa (More info...)
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Userplane Adds Revenue Share ProgramSanta Monica-based Userplane has rolled out a new revenue sharing program targeted at web publishers. The firm said this morning that it will allow publishers to use its instant messaging, web chat, and other widgets in exchange for revenue share on advertising. The new program pays publishers who use Userplane's community tools via PayPal. Userplane's instant messaging and other tools are used by online communities for adding community features to their web sites; the company's tools are used b (More info...)
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Interventional Spine Raises $24MIrvine-based Interventional Spine has raised $24M in a Series C financing, the firm disclosed today. The lead investor in the funding was Ascension Health Ventures, LLC, and also included Wexford Capital LLC, HBM BioVentures, Rock Creek Partners and affiliates, The MedFocus Fund, LLC, and a group of current investors. Interventional Spine is developing medical devices for the treatment of Degenerative Disc Disease and other spinal conditions.
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