Thursday, August 14, 2008
Report: Teleflip Goes Under
According to a report, Los Angeles-based Teleflip, which operates a service which connects your email to any SMS phone, has shut down its services. According to technology blog GigaOm, Teleflip sent an email to subscribers this week saying that the firm will close down services Friday. Teleflip was venture backed by GRP Partners, and had also received debt financing from Hercules Technology Growth Capital. Tony Davis, the firm's CEO, did not respond to emails requesting comment, nor did the firm (More info...)

posted on Thursday, August 14, 2008(Full story)

Materia Inks License Agreement
Pasadena-based Materia, a Caltech spinoff which develops chemical processing technology, has signed an agreement with the University of Calgary, in Calgary, Canada, for an exclusive license to chemical technology developed at the school. Financial terms of the license were not disclosed. According to University Technologies International, the technology transfer and commercialization arm of the University of Calgary, Materia has signed an exclusive license agreement for olefin metathesis catalys (More info...)

posted on Thursday, August 14, 2008(Full story)

Conexant Swizzles Chair
Newport Beach-based semiconductor firm Conexant Systems said Thursday that it has appointed D. Scott Mercer as Chairman of the firm's board of directors, replacing existing chairman Dwight W. Decker. Decker continues on the firm's board. Mercer is Conexant's CEO, a position he's held since April of this year. According to Conexant, Mercer is also on the board of directors of Palm, Polycom, SMART Modular Technologies, and Adaptec. Decker has been slowly transitioning out of Conexant, after retiri (More info...)

posted on Thursday, August 14, 2008(Full story)

ThisNext Names Morrow CEO
Los Angeles-based ThisNext said Thursday morning that it has promoted Scott Morrow to CEO of the firm. Morrow, who has been President of ThisNext since September of 2007, has also served at IAC/Citysearch and CNET. ThisNext co-founder and CEO Gordon Gould will become Executive Chairman of the company. According to ThisNext, Gould will continue to act as a public face for ThisNext, with Morrow leading day to day operations. ThisNext offers an online social shopping site where people can share the (More info...)

posted on Thursday, August 14, 2008(Full story)

Ultimate Ears Acquired By Logitech
Irvine-based Ultimate Ears, a maker of in-ear monitors for professional musicians, has been acquired by electronics accessories maker Logitech, Logitech said Thursday. Logitech said it would pay $34M in cash for Ultimate Ears, which was founded in 1995. According to Logitech, Ultimate Ears employs nearly 40 people, and will allow the firm to expand its portfolio of digital audio products. Ultimate Ears' in-ear monitors are used by on-stage musicians and sound engineers; the firm also has a produ (More info...)

posted on Thursday, August 14, 2008(Full story)

Interview with Brent Reinke, Gold Coast Bio Center
Last week, the organizers behind the Gold Coast Bio Center, a life sciences incubator forming along the 101 technology corridor, held a meeting to talk about the group's efforts to tap into the wealth of experience in the area in the biotechnology and life sciences area, and create an incubator here. About 60 people sat down to hear about the effort, the benefits to biotech startups, and gain more information about the incubator effort, which is being spearheaded by Brent Reinke and Wayne Davie. (More info...)

posted on Thursday, August 14, 2008(Full story)

Irvine Sensors Names New Chairman
Costa Mesa-based Irvine Sensors said Wednesday that it has named John C. Carson, the firm's CEO and a director of the firm, as its Chairman. Irvine Sensors said that Carson succeeds former chairman Dr. Mel Brashears, who has resigned due to a family medical emergency. Irvine Sensors develops miniaturized infrared and electro-optical cameras, image processors, and other optical systems.

posted on Thursday, August 14, 2008(Full story)

VentureNet Call For Presenters
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