Tuesday, April 21, 2009
Abraxis Invests In Biotech Firm
Los Angeles-based Abraxis BioScience, a biotechnology firm focused on treatments for cancer and other illnesses, is the lead investor in a Maryland-firm developing technology for tissue protein analysis. According to Rockville, Maryland-based Expression Pathology, Abraxis led a $6.5M, funding for the firm. Abraxis Senior Vice President of Integrative Medicine and Translational Science, Lex Van der Ploeg, sits on the board of Expression Pathology.

posted on Tuesday, April 21, 2009 (More)(Full story)

Autobytel Gets Acquisition Offer
Irvine-based Autobytel, which operates a number of online sites focused on buying and selling cars, said late Tuesday morning that the firm has received an unsolicited offer to acquire the company. According to Autobytel, the bid--from Infield Acquisition, Inc., Trilogy Enterprises, Inc. and Trilogy, Inc.--is worth $0.35 in cash for each share of the firm's common stock. The deal is worth approximately $15.8M. According to Autobytel, its board of directors and management is reviewing the bid, an (More info...)

posted on Tuesday, April 21, 2009(Full story)

Nirvanix Hires Three With Enterprise Focus
San Diego-based Nirvanix, a venture-backed provider of storage-as-a-service, announced Tuesday that the firm has bolstered its staff with three storage experts focused on the enterprise and IT business. The firm said it has hired on Stephen Foskett as Director of Consulting, Arvind Gidwani as Director of Solutions Services, and Brian Schwarzentruber as Solutions Architect. The hires appear to be a push by the firm into the enterprise storage area, as the firm has been expanding its cloud-based s (More info...)

posted on Tuesday, April 21, 2009(Full story)

Big Stage Adds New Content From GGL Global Gaming
Pasadena-based Big Stage Entertainment, the startup which uses photos to create animated, 3-D facial avatars of users, has added new content from a game from GGL Global Gaming. Big Stage told its users yesterday that they could now insert their avatars into content from Age of Conan: Hyborian Adventures, a video game published by Funcom. Financial details of the deal have not been released, however, the two companies first inked a deal to feature GGL's content in Big Stage in December of last ye (More info...)

posted on Tuesday, April 21, 2009(Full story)

Rubicon Projects Rolls Out Ad Buying Tools
Los Angeles-based the Rubicon Project, a provider of Internet advertising optimization software and services, announced today that it has rolled out a new product which will automate the buying of online ad inventory. According to Rubicon, the new Rubicon OnDemand product will help advertising buyers precisely target audiences across its inventory. The new product allows advertisers to specifically target user demographics, including age, income, and gender; geographic locations; and also based (More info...)

posted on Tuesday, April 21, 2009(Full story)

ReachLocal Creates Ad Marketplace
Woodland Hills-based ReachLocal has launched a new, online marketplace for local advertising, saying Monday that it has created a new "ReachLocal Xchange" platform which will allow websites to tap into local advertisers. According to ReachLocal, the new technology platform is targeted at both major and "long tail" Internet publishers, who want to tap into local online ads. The new program--similar to Google's AdSense program--links ReachLocal's ads into publisher web sites directly, rather than (More info...)

posted on Tuesday, April 21, 2009(Full story)

Katalyst Media Ties With Ustream, Sets Season Finale
Hollywood-based Katalyst Media, the content production firm of Ashton Kutcher, announced a live streaming deal with Ustream, and release of the firm's KatalystHQ season finale. According to Ustream and Katalyst Media, the two firms will use Ustream for both live streaming and for an iPhone streaming application for release in May. Separately, Katalyst and Slide said that it will release the season finale for the firm's online series KatalystHQ on Slide's FunSpace site Wednesday. KatalystHQ is a (More info...)

posted on Tuesday, April 21, 2009(Full story)

Broadcom Looks To Acquire Emulex In Hostile Bid
Irvine-based Broadcom said this morning that it is offering to acquire another large, Orange County electronics manufacturer, Emulex Corporation, for approximately $764M in cash. Broadcom, which is a manufacturer of high speed networking and other semiconductors, said it was offering $9.25 per share in cash, for Costa Mesa-based Emulex, which makes storage area networking components, semiconductors, and related products. Broadcom said in a statement that it believes a combined company will help (More info...)

posted on Tuesday, April 21, 2009(Full story)

SoCal IP Law Group LLP - IP Counselors For Technology Companies
>> Focused on high tech's unique needs
>> Pragmatic cost-effective IP portfolio management
>> U.S. and international patent and trademark procurement
>> IP Litigation
>> IP Licenses and Agreements: distribution, development, joint venture
>> Intellectual property aspects of mergers and acquisitions

310 N. Westlake Blvd., Suite 120, Westlake Village, CA 91362
735 State St., Suite 211, Santa Barbara, CA 93101

http://www.socalip.com/strategic_counselors.html - info@socalip.com

2009 Technology Industry Awards, April 30, 2009
2009 Technology Industry Awards, April 30, 2009 - Millennium Biltmore Hotel
The best companies, the brightest people and the most fun.

The Technology Council of Southern California is celebrating its 15th year of recognizing individuals and companies that have made significant, superior contributions to Southern California's technology industry. This event brings together diverse companies and provides an outstanding opportunity for networking. Everyone involved in the technology industry should plan to attend and celebrate the best Southern California has to offer. Special offer for friends of socalTECH.com, attend at the discounted rate of $99 (a $30 savings). Use discount code: TECH09.

Register today to attend!

Sponsored By


Recent Interviews

Browse Issues