Thursday, June 14, 2007Vision Solutions Buys Lakeview TechnologyIrvine-based Vision Technologies, a provider of high availability software, said Wednesday that it has acquired Lakeview Technology, a provider of high availability, disaster recovery, and cluster management software. Financial terms of the deal were not disclosed. Vision Solutions provides high-availability software used to ensure system uptime of IBM System i computers. Vision Solutions said the acquisition was backed by private equity firm Thoma Cressey Bravo, Inc.
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Stirling Cycles Acquired By InfiniaPasadena-based Stirling Cycles, a company developing Stirling engines, technology used as an alternative to internal combustion, has been acquired by Washington-based Infinia. Financial terms of the deal were not disclosed. Infinia said today that the acquisition came as part of a venture funding round from Kholsa Ventures, vulcan Capital, EQUUS Total Return, and Idealab. Idealab had been incubating Stirling Cycles, which was working on development of Stirling engine based products and technolog (More info...)
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SafeMed Stake Sold to Hicks HoldingsForty percent of San Diego-based SafeMed Inc., a designer of clinical decision support systems, has been sold to private investment firm Hicks Holdings LLC, Hicks announced Thursday. Financial terms of the investment were not disclosed. However, Hicks said the funding will accelerate SafeMed's development and growth. Launched in 2000 by founder and CEO Ahmed Ghouri M.D., SafeMed has developed a suite of products that provide comprehensive point-of-care information, ranging from a device that ide (More info...)
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Microsoft, Linspire In Interoperability DealSan Diego-based Linspire and software giant Microsoft announced this morning that they have joined in a broad interoperability and technical collaboration to bridge Microsoft's Windows and Linux operating systems. According to the two companies, they will work to on office document compatibility, instant messaging interoperability, and also intellectual property assurances, including a way to acquire a patent covenant from Microsoft for customers running Linspire's Linux operating system. Linspi (More info...)
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Ingram Micro Buys Consumer Electronics DistributorSanta Ana-based Ingram Micro announced Wednesday that it has acquired certain net assets of DBL Distributing, a distributor of consumer electronics accessories and other related products. The deal is worth $96M. The move broadens Ingram Micro's focus on the consumer electronics market. Ingram Micro said that DBL Distributing will operate as a wholly owned subsidiary of the firm, and maintain the same brand name, business model, and management structure. According to Ingram Micro, DBL Distributin (More info...)
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Cooking.com Gets Win With General MillsSanta Monica-based online retailer Cooking.com, and consumer products firm General Mills said today that Cooking.com has been selected to build and manage online kitchenware stores for BettyCrocker.com and Pillsbury.com. Cooking.com, maintains a number of branded, kitchen and cooking-focused retail stores. Financial terms of the deal were not disclosed. According to the firms, two new General Mills sites will provide the opportunity to shop for cooking and kitchenware products and services.
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ValueClick Appoints New Board MembersWestlake Village-based ValueClick has announced two new board members, saying today that it has named James A. Crouthamel and James R. Peters to the board. Crouthamel is the founder and former President and CEO of Performics; Peters joins from Ernst & Young. The two new board members expands the company's board of directors to seven members. ValueClick said that the two new members will increase the firm's expertise in performance marketing, audit and mergers and acquisitions; Crouthamel sold hi (More info...)
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Equinix Expands In Los AngelesEquinix, a major operator of data centers and colocation services, said today that it is expanding its operating in Los Angeles, with the planned acquisition of a new data center in the region. Equinix said that the expansion, tied with expansion of an existing center it has in Silicon Valley, is a result of demand for data center and network exchange services which as far outpaced supply. Equinix specifically pinpointed rising customer demand from the digital media and entertainment industry in (More info...)
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