Wednesday, April 30, 2008Language Weaver Bolsters Languages, Linux SupportLos Angeles-based Language Weaver said Wednesday that the firm has added support for Linux with its automated language translation tools. According to the firm, all of its language translation pairs can now run on Linux operating systems. The firm developed machine translation systems based on statistical translation algorithms, and is a spinoff the the University of Southern California's Information Sciences Institute. Language Weaver also said that it has added new support for Norwegian-Englis (More info...)
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USC Entertainment Technology Center Adds SponsorThe Entertainment Technology Center at USC, a nonprofit which is part of USC's School of Cinematic Arts, said Tuesday that the firm has added LG Electronics as a sponsor. The nonprofit--which focuses on bringing together entertainment, technology, and consumer electronics--said that LG Electronics will sponsor a showcase of products, services, and technologies, and serve on an advisory board. The center--which was established by George Lucas in 1993--is also sponsored by Disney, Sony Pictures En (More info...)
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Sendio Signs Real Estate CustomerIrvine-based Sendio, a provider of email security appliances, said yesterday that it has signed on Sentinel Real Estate Corporation as a customer. Sendio said that the $5B manager of real estate properties would use it for its email security efforts. Financial terms of the deal were not disclosed. Sendio develops a email security appliance that uses sender authentication and virus filtering to reduce the inflow of spam into email systems; the firm's product also conducts outbound message filteri (More info...)
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Eventful Gets Win At LA TimesEvent listing startup Eventful, based in San Diego, said Wednesday that it has entered into a strategic venture with the Los Angeles Times. According to the firm, it will provide a selection of its regional events to online users of the times "The Guide" hyperlocal events site. Financial terms of the deal were not disclosed. The Los Angeles Times' site provides event listings in the Southern California area, including information on music, book signings, restaurants, and more. Eventful is ventur (More info...)
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Interview with Brian Donahoo, AppFolioBrian Donahoo is the CEO of AppFolio (www.appfolio.com), a Santa Barbara-based firm which recently closed $22M in funding for its software-as-a-service offerings. The firm's founders and executive team are formerly from ExpertCity (now Citrix Online). We spoke with Brian yesterday to get some better insight into what the firm is doing, and where he sees opportunities in the Software-as-a-Service market.
What is AppFolio?
Brian Donahoo: As the name implies, AppFolio is about a portfolio of (More info...)
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United Online Buys FTDWoodland Hills-based United Online said this morning that it has agreed to acquire FTD Group, Inc, in a deal worth approximately $800M. FTD is a provider of floral and related products. According to the firms, United Online will pay $7.34 in cash plus 0.4087 shares of Untied Online common stock, plus $3.31 in secured notes, for each share of FTD common stock. According to the companies, the deal will create a firm with combined revenues of $1,145M. The firms said that the acquisition of FTD will (More info...)
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FastSoft Rolls Partner ProgramPasadena-based FastSoft, the Caltech spinoff focused on digital media acceleration, said this week that it has launched a new partner program. The firm said that it will provide volume discounts, tehcnical support, lead generation, marketing, and other support to its VARs and system integrators. FastSoft's appliance is used by companies to radically reduce file transfer speeds across the Internet; the firm's products are based on research out of the California Institute of Technology, and are ba (More info...)
posted on Wednesday, April 30, 2008(Full story)