Friday, August 24, 2007
BioIQ Gets Funded By Great Pacific
Santa Barbara-based BioIQ, a firm developing home test kits and corporate wellness products for detecting diseases, has quietly raised a round of funding from Great Pacific Capital. Terms of the funding have not been announced, and a spokesperson for BioIQ would not release further details of the funding. Great Pacific Capital is the Santa Barbara-based venture capital firm headed by FastClick's Dave Gross and Rusty Reed.

posted on Friday, August 24, 2007 (More)(Full story)

Vitesse Sells Storage Products Business
Camarillo-based Vitesse Semiconductor said Thursday afternoon that it has agreed to sell a portion of its storage products business to Maxim Integrated Products, Inc. The deal is worth $63M in cash plus up to $12M in future earn-out. Maxim will acquire Vitesse's Serial Attached SCSI (SAS) and Serial Attached ATA (SATA) product lines, including the firm's storage management products. The deal does not include its RAID and Fibre Channel products. Vitesse also said that it has received $30M in new (More info...)

posted on Friday, August 24, 2007(Full story)

Wonderware Names Bullotta CTO
Lake Forest-based Wonderware said earlier this week that it has named Rick Bullotta as Vice President and Chief Technology Officer of the firm. Wonderware said that Bullota was most recently at SAP working on resaerch activities in "future manufacturing" and product management; he co-founded LIghthammer Software Development Corp, which was acquired by SAP in 2005. This is Bullotta's second stint with Wonderware, where he worked in a variety of roles from 1993 through 1997. Wonderware is a develo (More info...)

posted on Friday, August 24, 2007(Full story)

Kofax Signs Utah Customer
Irvine-based Kofax said today that it has signed on the State of Utah's Office of Recovery Services as a client. The office is using Kofax software for records management and an electronic mailroom solution. Kofax is a provider of software for document management. Financial terms of the deal were not disclosed. The Office of Recovery Services manages child support services and manages child care in the State of Utah. Kofax said that it will help manage more than 90,000 child support cases in the (More info...)

posted on Friday, August 24, 2007(Full story)

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