Thursday, March 6, 2008Document Sciences Acquisition CompletesData storage giant EMC Corporation said Thursday afternoon that it has completed its acquisition of Carlsbad-based Document Sciences Corporation. The deal, which was originally announced in December, was worth $85.8M in cash. EMC said the acquisition will complement the firm in the area of enterprise content management. Document Sciences is a developer of software for managing personalized communications with customers, including things such as statements, contracts, marketing, and other corresp (More info...)
posted on Thursday, March 6, 2008(Full story)
MySpace Boosts Internet Safety Efforts With Ad CampaignLos Angeles-based social networking site MySpace said Thursday afternoon that it has launched a new public service announcement campaign focused on Internet safety. According to the social networking site's security head, Hemanshu Nigam, the firm is stepping up its safety education efforts to promote online safety awareness among parents, educators and teens. MySpace's outreach will include 10, 15, and 30 second video spots on Fox broadcast and cable networks, as well as efforts with nonprofit i (More info...)
posted on Thursday, March 6, 2008(Full story)
Eyespot Targets Video PublishersSan Diego-based Eyespot said Thursday that it has rolled out a new offering targeted at online video publishers. Eyespot, which develops online video editing and remixing software, said that it will make its technology available to any publisher interested in its services. Eyespot--which has grabbed funding from Express Ventures and Gabriel Venture Partners--said the new self-serve Eyespot Personalization Suite will allow any web publisher to sign up and have interactive online video running wit (More info...)
posted on Thursday, March 6, 2008(Full story)
ViewSonic Cancels IPO PlansWalnut-based computer monitor manufacturer ViewSonic said Wednesday in a filing with the SEC that it plans to withdraw the firm's IPO. ViewSonic, in a letter to the SEC, said that it withdrew the IPO because terms obtainable in the public marketplace are not sufficiently attractive to the company. Viewsonic had filed to raise up to $143.75M on the Nasdaq as VIEW. The firm's IPO was being underwritten by JPMorgan, Banc of America Securities, Thomas Weisel Partners, and Needham & Company.
posted on Thursday, March 6, 2008(Full story)
Interview with Justin Bellante, BioIQSanta Barbara-based BioIQ (www.bioiq.com) recently closed on $2.5M in funding for the firm's healthcare information technology from Great Pacific Capital, the venture firm run by Dave Gross, founder of Fastclick. We spoke with Justin Bellante, co-founder, President, and CEO of the company, about what it hopes to accomplish with its service.
What's the idea behind your service?
Justin Bellante: BioIQ is really built to connect individuals with consumer friendly diagnostics. We're a health car (More info...)
posted on Thursday, March 6, 2008(Full story)
Novelics In Technology Deal With SynopsysAliso Viejo-based Novelics, which develops intellectual property for the semiconductor industry, and semiconductor design firm Synopsys said Wednesday that Synopsys will offer Novelics embedded memory IP as part of its products. Synopsys will include Novelics SRAM-1T embedded memory IP as part of a technology licensing and development relationship. Financial terms of the deal were not disclosed. Novelics develops power-efficient, systems-on-a-chip based SRAM meory, used as part of CMOS semicondu (More info...)
posted on Thursday, March 6, 2008(Full story)
ShredOrDie Launches Online Sports Video Site With Tony HawkOr Die Networks, the firm behind Will Ferrell's FunnyOrDie.com comedy video web site, said Wednesday that it has launched a new online sports video site, ShredOrDie.com. The new, Los Angeles-based site is a collaboration with skating celebrity Tony Hawk, and will feature action sports videos from both professional and non-professional atheletes. According to the firm, the site will focus on skate, snow, surfing, BMX, motocross and action sports culture. ShredOrDie.com features a similar voting s (More info...)
posted on Thursday, March 6, 2008(Full story)
WebMessenger Hires New ExecsLos Angeles-based WebMessenger said this morning that it has bolstered its executive team. The firm said that it has promoted Joe Naylor to President, added Dan Coole as VP of Sales and Marketing, and appointed Amir Hudda to its board of directors. Naylor was previously the firm's Chief Marketing Officer. Coole joins the firm from OZ Communications, and has also served at Ericsson and Mitubishi Electronics. Hudda was CEO of Apptix. Just last month, the management team at WebMessenger re-acquired (More info...)
posted on Thursday, March 6, 2008(Full story)