Tuesday, September 4, 2007Internet Brands Buys ePodunk.comLos Angeles-based Internet Brands said Tuesday afternoon that the firm has acquired ePodunk.com, an online web site focused on profiling communities across the United States, Canada, and the United Kingdom. Financial terms of the deal were not disclosed. ePodunk is based in Ithaca, NY, and will be relocating to Internet Brands' headquarters in Los Angeles. ePodunk provides online profiles of local communities, including census information, photos, and links. ePodunk is the latest in a string of (More info...)
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Xirrus Deploys At ResortWestlake Village-based Xirrus, Inc., a provider of Wi-Fi networking products, announced Tuesday that it has deployed its Wi-Fi array products at the Amelia Island Plantation Resort. Financial details of the customer win were not announced. Xirrus said its products will be used to provide wireless connectivity to guests and hotel staff through its conference facility, spa and cafe areas. Xirrus is venture backed by August Capital and US Venture Partners.
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SyncCast Acquired By ThomsonAnaheim-based SyncCast, a provider of content delivery network services for broadband media, has been acquired by Thomson and its Technicolor service business, Thomson said this morning. Financial terms of the acquisition were not disclosed. Thomson said that it acquired SyncCast as part of an effort to roll out new digital production and online distribution solutions for its customers. SyncCast was founded in 1999, and provides application delivery and digital media delivery services, counting (More info...)
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Leap Wireless Gets Merger Proposal From MetroPCSTexas-based MetroPCS Communications, a provider of wireless communications services, said this morning that it has proposed a strategic, stock-for-stock, tax-free merger with San Diego's Leap Wireless. MetroPCS said it is looking to pay approximately $5.5B for Leap Wireless, in a stock-for-stock exchange of 2.75 shares of its stock for each share of Leap common stock. Dallas, Texas-based MetroPCS is a provider of flat-rate communications services based on prepaid cell phones. MetroPCS said it be (More info...)
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Clupedia Raises $1.3MSanta Ana-based Clupedia has raised $1.3M in a Series A round, the company formally announced Monday. The round came from the Tech Coast Angels, and closed in late 2006. The Pasadena Angels and Frontera Group also participated in the funding. Clupedia has developed a browser-based toolbar that allows users to comment on any web page. Sid Mohasseb, Johannes Larcher, and Lance Stuart have joined the firm's board of directors along with the funding.
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Ixia Names President, COOCalabasas-based Ixia, a provider of network testing software and hardware, said today that it has named Atul Bhatnagar as President and COO, a new position at the firm. Bhatnagar will report to CEO Errol Ginsberg, and also joins the firm's board of directors. According to Ixia, Bhatnagar will assume responsibility for day-to-day operations at the company. Bhatnagar was most recently VP and General Manager of Nortel's Enterprise Data Networks Division, and has also served at Alteon Web Systems an (More info...)
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Xytech Revs Digital Asset Management ToolsBurbank-based Xytech Systems Corporation, a provider of software tools for the digital asset management market, said this morning that it has rolled out the latest version of its Xytech Enterprise software. The firm said that version 10 of its flagship software is immediately available, and allows its customers to manage both physical and digital asset libraries and metadata, along with expanded web services. Xytech's software is used for scheduling, tracking, and delivery of digital and physica (More info...)
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MusicIP Names New CEOMonrovia-based music recommendation software firm MusicIP said this morning that it has named Andrew Stess as CEO fo the firm. Stess replaces Matthew Dunn. Stess also joins the firm's board of directors. Stess most recently served at All Media Guide (AMG), where he was Vice President Consumer Electronics; he also has served at Liquid Audio and Gracenote, and is on the baord of LyricFind. MusicIP is a venture-backed provider of digital music discovery services, which it licenses to online music a (More info...)
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