Wednesday, January 2, 2008Inphi Names Sales HeadWestlake Village-based Inphi, a firm that develops analog semiconductors, said Wednesday that it has named Ron Torten as the firm's VP of Sales. Torten joins the firm from NemeriX, where he was CEO. Torten has also served at Agilent, Agere Systems, and Quantum Corporation. Inphi is venture backed by Mayfield, Tallwood Venture Capital, Walden International, and Flextronics.
posted on Wednesday, January 2, 2008 (More)(Full story)
Twistbox Entertainment Merges With Mandalay MediaSherman Oaks-based Twistbox Entertainment, a provider of mobile content, has merged with a publicly traded, bulletin-board company called Mandalay Media, Mandalay Media announced Wednesday morning. Mandalay said that Twistbox will become a wholly owned subsidiary of the firm, with Twistbox CEO Ian Aaron joining the firm's board and continuing to operate Twistbox. According to SEC filings, Mandalay Media is a shell company operated by Trinad Master Fund. Twistbox is venture backed by Spark Capita (More info...)
posted on Wednesday, January 2, 2008(Full story)
Managed Data Holdings Acquires Colocation ProviderIrvine-based Managed Data Holdings, a provider of Internet colocation and web hosting services, said today that it has acquired Denver-based Data393. Managed Data, which is backed by Great Hill Partners and Catalyst Investors, did not disclose financial details on the acquisition. Data393 provides managed hosting, colocation and IT infrastructure. Managed Data Holdings also operates Intelenet Communications, which is based in Irvine. According to Managed Data, the acquisition gives it a raised-f (More info...)
posted on Wednesday, January 2, 2008(Full story)
Interview with Gene Alexander, MaMoCaOur interview today is with Gene Alexander, CEO of MaMoCa (www.mamoca.com), an angel funded company based in San Clemente which is developing motion capture technology for the animation and video game market. The firm recently scored an unnanounced, additional round of angel funding from the Tech Coast Angels last month, so we thought we'd look in on the company and what it is doing. Ben Kuo spoke with Gene before the holidays.
What's your technology, what's the need for what you offer?
(More info...)
posted on Wednesday, January 2, 2008(Full story)
Gibbs Merges With Israeli FirmMoorpark, California-based Gibbs & Associates, a developer of CAD/CAM software for programming CNC machines, said Monday morning that it has merged with an Israeli Firm, Cimatron Limited. Cimatron said the deal was worth $5M in cash plus 1.5M shares of its common stock, worth roughly $9.2M in total. Cimatron was wholly owned by its founder and CEO, William F. Gibbs. According to Cimatron, Gibbs Sytems has revenues of approximately $12M in 2007. Gibbs will be merged with a newly established US su (More info...)
posted on Wednesday, January 2, 2008(Full story)
Teledyne Buys Three CompaniesThousand Oaks-based Teledyne Technologies has acquired two companies and completed its acquisition of a third, the firm said today and in separate announcements last week. This morning, Teledyne said its subsidiary Teledyne Reynolds has acquired Storm Products Co., a manufacturer of specialty wire, cable, and interconnect products. Last week that it has entered into an agreement to acquire the assets of Judson Technologies, LLC, based in Montgomeryville, Pa. The firm also said today that it has (More info...)
posted on Wednesday, January 2, 2008(Full story)
Qualcomm Gets InjunctionSan Diego-based Qualcomm said this morning that Federal District Judge James V. Selna has issued an injunciton against the firm's products, as part of an online patent infringement suit against the firm by Broadcom corp. According to Qualcomm, the firm has been ordered to immediately stop selling WCDMA products for the U.S. market whic h were found to infringe on Broadcom products. However, Qualcomm said that it has been provided a stay which allows the firm to sell its QChat and 1x/Ev-DO produc (More info...)
posted on Wednesday, January 2, 2008(Full story)
Cooking.com Raises $7M In Venture DebtSanta Monica-based Cooking.com said this morning that it has raised $7M in a venture debt loan from ORIX Venture Finance. The firm, which operates an online e-commerce site for kitchen supplies, said that the funding would be used to expand its operations, enhance its community content, and accelerate its private label online programs. Cooking.com operates its own food-related online store, along with sites for the Food Network, Pillsbury, Betty Crocker, and Starbucks. According to Cooking.com, (More info...)
posted on Wednesday, January 2, 2008(Full story)
Smith Micro Rolls Music SoftwareAliso Viejo-based Smith Micro said this morning that it has launched new music software for the PC and Mac platforms. The software developer said that its new product, TuneRanger, allows users to manage multiple Apple iPod devices and synchronizes iTunes libraries across multiple computers. Among the software's features is the ability to synchronize music, videos and playlists across different iTunes installations. The firm said the new title will be available for $29.99. Smith Micro is a develo (More info...)
posted on Wednesday, January 2, 2008(Full story)