Tuesday, September 11, 2007Merck Completes NovaCardia BuyMerck & Co. announced Tuesday that it has completed its acquisition of San Diego-based NovaCardia. The deal, which was worth $366.4M in stock, adds NovaCardia's treatments for acute heart failure to Merck's pipeline. The deal was announced in July. NovaCardia was venture backed by Domain Associates, Forward Ventures, Montreux Equity Partners, Versant Ventures, Skyline Ventures, and InterWest Partners.
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My Damn Channel Adds MySpace PartnershipMy Damn Channel, the bi-coastal online entertainment studio funded by Okapi Venture Capital, said today that it has signed a content partnership with social networking web site MySpace. My Damn Channel said that it will provide its content to the MySpace community through a dedicated video channel. According to the firm, the channel will include original content from Harry Shearer, music producer Don Was, filmmaker David Wain, and MTV and web celebrity Andy Milonakis. My Damn Channel is distribu (More info...)
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Comarco Looks For BuyerLake Forest-based Comarco, a provider of wireless test products and power adapters for notebook computers, mobile phones, and other electronic products, said this morning that it has engaged investment bank Pagemill Partners as a financial advisor. Comarco said that Pagemill will assist the firm in "evaluating and pursuing strategic alternatives to improve shareholder value." Palo Alto-based Pagemill Partners providers merger and acquisition advisory to middle market firms.
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Aristos Logic Appoints ChairmanFoothill Ranch-based Aristos Logic, a provider of RAID storage products, said Monday that it has appointed Young K. Sohn as its chairman. Sohn is currently CEO of Inphi Corp, and was past President of Semiconductor Products at Agilent Technologies. Sohn has also served as Chairman and CEO of Oak Technology; was President of Quantum's hard disk drive group; and headed up Intel's Asian business. Aristos Logic is venture backed by J. P. Morgan Partners (now Panorama Capital), Texas Pacific Group, W (More info...)
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RF Industries Buys RadioMobileSan Diego-based RF Industries, Ltd. said Monday that it has acquired RadioMobile, a San Diego-based supplier and system integrator of wireless data and transceiver products. The deal was worth approximately $700K; RF industries said that RadioMobile had revenues exceeding $700,000 since January. RF Industries is a distributor of RF connectors and cable assemblies; RadioMobile is a provider of software and wireless equipment for wireless networks.
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Smith Micro, VMware Team On Mac SoftwareAliso Viejo-based Smith Micro Software said today that it has signed a deal with virtualization software firm VMware, to offer VMware's Fusion product for Mac users. Smith Micro will distribute VMware's software, which allows Macintosh users to run Windows software on a Macintosh, through its web site and retail channels. Financial terms of the deal were not disclosed. Vmware's desktop virtualization product for the Mac allows users to run Windows Vista and Windows XP, Linux, Solaris, and other (More info...)
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Xirrus Signs Conference CenterWestlake Village-based Xirrus, a developer of Wi-Fi networking products, said today that it has signed on the International Telecommunications Union (ITU) as a customer of its products. The ITU is deploying the Xirrus Wi-Fi array products as part of a conference center in Geneva in October. Financial terms of the deal were not announced. Xirrus said its products will be used at the International Conference Centre Geneva. Xirrus is a venture-backed provider of Wi-Fi networking equipment which com (More info...)
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Power-One Licenses Technology to MuratCamarillo-based Power-One, a designer of power supplies and power conversion products, said today that it has agreed to transfer a license to Murata. The license covers POwer-One's Z-One digital power management products, and was part of a purchase of C and D Technologies by Murata. C and D, based in Pennsylvania, sold its power management group to Murata in August. Power-One said that Murata has joined the company's Z-Alliance group, which consists of companies who manufacture and promote the f (More info...)
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