Monday, November 19, 2007Beckman Coulter Buys Business From DakoFullerton-based Beckman Coulter, a developer of scientific instruments, said Monday that it has acquired the research flow cytometry instrumentation business of Dako A/S. Denmark-based Dako develops products for the cancer diagnostics industry. Financial terms were not disclosed. Beckman Coulter said the transaction would provide it with a more comprehensive range of research solutions for its customers. Dako's Fort Collins, Colorado-based business employs nearly 200.
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Nirvanix Hires Three ExecsSan Diego-based online storage startup Nirvanix said Monday that it has hired three new executives. The firm, which provides an outsourced, API-accessible storage service that competes against Amazon's S3, added Major Horton as CFO, Jonathan Buckley as Chief Marketing Officer, and Michael Landesman as VP of IT and Data Center Operations. Horton joins the firm from Rackspace, where he was SVP and CFO; Buckley joins from PowerFile, and had also served at McDATA; Landesman joins from Exodus Communi (More info...)
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OptionEase Gets Angel InvestmentSan Juan Capistrano-based OptionEase, a developer of software-as-a-service tools for tracking stock options, said this morning that it has closed an investment round from the Pasadena Angels and the Tech Coast Angels. The Pasadena Angels led the round. Amount of the investment was not disclosed, however OptionEase said it has received more than $1.4M in investments, including both cash plus services and technology. OptionEase said it will use the funding to expand its market footprint. OptionEas (More info...)
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Aptera Rolls Out Electrical CarsCarlsbad-based Aptera, the Idealab-backed electric vehicle startup, said this morning that it has unveiled two electrical vehicles it says it will sell for less than $30,000. The firm said that its Typ-1 vehicles are slated for delivery in 2008, and will be available in both all-electric and hybrid models. According to Aptera, it is now taking fully refundable reservation deposits of $500 for the car from residents of California. Aptera claims its all-electric model has a range of 120 miles, and (More info...)
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AMO Names Meier PresidentSanta Ana-based Advanced Medical Optics, a manufacturer of medical devices for the opthalmology market, said this morning that it has named Richard Meier as the firm's President. Meier will also remain COO of the firm. According to AMO, James Mazzo, the firm's prior president, remains chairman and CEO of the firm. Meier has been at AMO since 2002, and has been COO since February of this year.
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YouMail Takes On PoliticsIrvine-based personalized voicemail startup YouMail said this morning that it has rolled out a new addition to its service, which allows people to add voicemails encouraging callers to vote for the candidate of their choice. The new service, which YouMail is billing "Vote with Your Greeting" will encourage people who call YouMail users to vote for a specific candidate. The firm said it has created greetings for Hillary Clinton, John Edwards, Rudy Giuliani, John McCain, Barack Obama, Ron Paul, Mi (More info...)
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Vitesse Names Technology VPCamarillo-based Vitesse Semiconductor said this morning that it has named Martin Nuss new VP of Technology and Strategy. According to Vitesse, Nuss was msot recently Chief Technology Officer of Cieno's Optical Ethernet group, and has also served at Internet Photonics and Bell Labs. Vitesse said that Nuss will be responsible for identifying markets and technologies that leverage Vitesse's technical assets, creating product roadmaps, and furthering the company's growth.
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Quorum Systems Acquired By Spreadtrum For $76MChina-based Spreadtrum Communications, a provider of wireless broadband chips, has acquired San Diego's Quorum Systems. Spreadtrum said Sunday that it will pay $55M in cash and $15M in stock for Quorum, plus up to $6M in earnout, Quorum develops CMOS-based, radio frequency (RF) transceivers. According to Spreadtrum, the deal is subject to review by the Committee on Foreign Investment in the United States. Quorum Systems was venture backed by Crescendo Ventures, Greylock Partners, Kleiner Perkins (More info...)
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Calnetix Buys Elliott Energy SystemsCerritos-based Calnetix, a manufacturer of high efficiency electric motors and generators, said Friday that it has acquired Elliott Energy Systems, a manufacturer of microturbines located in Stuart, Florida. Financial terms of the deal were not disclosed. The firms both develop products used in power generation.
posted on Monday, November 19, 2007(Full story)