Monday, January 4, 2010
Entropic Wins Home Entertainment Networking Firm
San Diego-based Entropic Communications is powering a Ethernet-to-coax bridge product from Wistron NeWeb (WNC), a developer of home entertainment networking products, the firm disclosed today. According to Entropic and WNC, Entropic's chip set is being used as part of the product, which allows consumers to connect up to four Internet TVs, Blu-ray Players, game consoles, and other Ethernet-enabled devices via preexisting coax cable, using the MoCA standard. Shipping volumes and expected financial (More info...)

posted on Monday, January 4, 2010(Full story)

Venture Exits Drop in 2009, But See Q4 Uptick
A newly released report by Dow Jones VentureSource today finds that 2009, venture-liquidity was down 34 percent in 2009, to $17.1 billion, from $26.1 billion in exits in 2008. However, Dow Jones found that forty-four percent of 2009's liquidity came in the fourth quarter, when there were 86 acquisition worth a total of $7.3 billion. The largest M&A deal for both the year and the quarter was the acquisition of by, for $847M.

posted on Monday, January 4, 2010(Full story)

Share your opinions on the technology industry
Last year, in the midst of a market collapse and recession, we kicked off an effort to survey the opinions of people in the high tech industry here in Southern California to get a better idea of people's opinions and attitudes on the economy. As a followup, working with the David James Agency, we're doing it again with the Second Annual socalTECH Industry Survey.

We'd like to invite you to answer a quick survey about your opinion and outlook on your business and the economy, which we'll be an (More info...)

posted on Monday, January 4, 2010(Full story)

Equipois Gets $1.25M In Funding
Los Angeles-based Equipois, a developer of devices for providing better ergonomics, is closing on $1.25M in a Series B-1 funding round this week, the firm told socalTECH today. The new round is being led by Penny Black. Equipois develops mechanical devices to make objects weightless, which are used by manufacturers and others to reduce workplace injuries and improve efficiency. The round is planned for up to $3.0M, and so far comes from existing investors.

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Cogent Signs New York Customer
Pasadena-based Cogent Systems, a developer of fingerprint and other biometric scanning equipment, said today that it has gained a contract with the New York State Office of Temporary and Disability Assistance (OTDA). Size of the 5.5 year contract was not announced by the company. Cogent said the contract covers replacement of the OTDA's Automated Finger Imaging System, used to verify the identity of public benefits recipients.

posted on Monday, January 4, 2010(Full story)

RealD In Win With Samsung
Los Angeles-based 3D technology provider RealD and Samsung Electronics announced today that the firms are integrating RealD's 3D technology into a new line of 3D TVs. According to the two, Samsung will support RealD's format for the delivery and display of 3D content in an upcoming line of televisions, and also work together on active eyewear technology. Financial details of the deal were not disclosed, and the firms did not say when they expect to be shipping RealD-enabled 3D televisions. RealD (More info...)

posted on Monday, January 4, 2010(Full story)

Networkfleet Names CEO
San Diego-based Networkfleet, a developer of wireless fleet management services, said today that it has promoted Keith Schneider to CEO of the firm. Schneider has been President of the firm since April of 2007. The firm said that Schneider will be both be President and CEO of the company. Networkfleet provides wireless services used by transportation companies to monitor and track their fleets, and is a subsidiary of Hughes Telematics.

posted on Monday, January 4, 2010(Full story)

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