Friday, October 8, 2010
NextWave Complete PacketVideo Sale
San Diego-based NextWave Wireless said Friday that it has completed the sale of its 65 percent equity interest in PacketVideo. The firm said the sale, to NTT DOCOMO, was worth $111.6M. NextWave Wireless said it will result in net cash proceeds of $106.5M from the sale. The firm said it will use $94.0M of the proceeds to retire Senior Secured First Lien Notes, with the remaining $12.5M going towards working capital. NextWave had announced the sale in August. PacketVideo becomes a wholly owned sub (More info...)

posted on Friday, October 8, 2010(Full story)

More Details Swirl Around Hulu IPO Plans
More rumors have emerged around possible IPO plans for Los Angeles-based Hulu, the online video streaming site backed by the major entertainment studios. According to the latest rumors, via a report from Reuters, the firm's plan is for a $200 to $300M IPO would would value the company at around $2 billion. The IPO filing is expected before the end of the year. Rumors of a Hulu IPO have been swirling around since August.

posted on Friday, October 8, 2010(Full story)

GumGum Rolls Out Image Toolbar
Los Angeles-based GumGum, which helps web publishers license celebrity and other photos, has rolled out a new Image Toolbar feature for the firm's service, the firm said today. According to Ophir Tanz, the firm's CEO, the tool allows users to share images with others using Facebook and Twitter, see related images via a search page, and zoom into the firm's photo, among other features.

GumGum allows publishers to use celebrity and other photos, without the usual, high cost of licensing those (More info...)

posted on Friday, October 8, 2010(Full story)

Vantage Media Names New CEO
El Segundo-based Vantage Media, the provider of cost-per-action (CPA) advertising, said this morning that it has named Patrick Quigley as the firm's new CEO. Current CEO Steve Jillings becomes Chairman of the firm. According to Vantage Media, the move will take the firm to the "next stage" in its growth. Quigley was most recently Senior Vice President at QuinStreet, and has also served at McKinsey & Company. The company specifically said that Quigley was part of the management team that complete (More info...)

posted on Friday, October 8, 2010(Full story)

Calnetix Sells Power Solutions Business To GE
Yorba Linda-based Calnetix, a developer of high speed motor and generator technology, said Friday that it has sold certain assets of its Calnetix Power Solutions (CPS) subsidiary to GE. Financial terms of the sale were not disclosed. Calnetix said that the deal also includes certain waste heat recovery intellectual property owned by both Calnetix and Calnetix Power Solutions. The Calnetix products are used for recovering waste heat from industrial processes, and using that heat to produce electr (More info...)

posted on Friday, October 8, 2010(Full story)

Optical Research Associates Acquired By Synopsys
Pasadena-based Optical Research Associates, a developer of optical design software and optical engineering services, has been acquired by semiconductor design software firm Synopsys, Synopsys said late yesterday. Financial terms of the acquisition were not disclosed. According to Synopsys, the acquisition will extend its engineering software capability into optical design and analysis. ORA's software is used for designing such products as solid state lighting and light emitting diodes, as well a (More info...)

posted on Friday, October 8, 2010(Full story)

DivX Acquisition Completes
Sonic Solutions, the Novato-based developer of multimedia editing software, said this morning that it has completed its acquisition of San Diego-based DivX, the developer of video encoding and decoding software. The acquisition, which had originally been announced on June 2nd, was worth $323M at the time of the original announcement. Sonic Solutions said that DivX now has a footprint of over 300 million device using its video encoding and decoding technology. DivX is now being headed up by Matt (More info...)

posted on Friday, October 8, 2010(Full story)

Activision Blizzard, Web Wise Kids In Partnership
Santa Monica-based videogame developer Activision Blizzard and Santa Ana-based Web Wise Kids, a provider of Internet safety education, announced this morning that the two are in a new partnership. According to the two, they are working together to educate kids and parents on how to avoid inappropriate and unlawful online behavior. Terms of the partnership were not disclosed.

posted on Friday, October 8, 2010(Full story)

Ligand Names New Board Member
San Diego-based Ligand Pharmaceuticals, a developer of a broad line of pharmaceuticals, said today that it has named Sunil Patel to its board of directors. Patel is Senior Vice President of Corporate Development for OncoMed Pharmaceuticals, and has also served at BiPar Sciences, Allos Therapeutics, Connetics, Abgenix and Gilead Sciences.

posted on Friday, October 8, 2010(Full story) Targets Commercial Real Estate
San Clemente-based, a new site developed by Nuvolocity, said this week that it has launched a web-based calculator site targeted at commercial real estate professionals. According to Nuvolocity, the new site helps those professionals calculate lease rental rates and rental concession savings. Nuvollicity was founded by Kris Williams, who was a former software developer at MySpace.

posted on Friday, October 8, 2010(Full story)

October 25 – 26, 2010, Marriott Newport Beach

The 5th Annual OCTANe Medical Device & Investor Forum promises to be an
exciting two-day event with over 800 attendees expected this year. CEOs,
executives, entrepreneurs, and investors will hear presentations and panel discussions featuring international medical device industry luminaries,
California entrepreneurs, investors, and some of the industry's most
successful medical device CEOs. Top 5 reasons to attend MDIF 2010:

- See Orange County’s groundbreaking medical device technologies
- Hear presentations from emerging medical device companies and industry
- Make valuable investor connections
- Learn about significant industry trends and issues
- Meet CEOs, entrepreneurs, investors, and others that make Orange
County the nation's most dynamic medical device environment

For information and registration visit

Binary Pulse Technology Marketing. We Create Demand.
Binary Pulse Technology Marketing
We Create Demand for California's Technology Companies

For more than ten years, dozens of Southern California's industry-leading
tech firms have turned to Binary Pulse for their demand-generating
strategies and programs.

Our services include:

-- Demand Generation Planning and Execution
-- Channel Program Development
-- Lead Capture and Management
-- Web Site Development & Search Engine Marketing
-- Corporate and Product Branding
-- Online Integration Strategies
-- Reseller Recruitment
-- Multimedia Presentations
-- Social Media Marketing

Please visit us at
to learn more or give us a call at 949-336-7400.

Safire Partners Executive Search
Safire Partners has completed 150+ retained executive searches since 2006
working with emerging businesses in digital media, Internet, eCommerce,
software and clean technology across Southern California. Please visit
our website to see an updated list of our clients and searches completed
at We are always interested in
meeting new candidates and potential clients, so feel free to email our
Managing Partner, Todd Gitlin at We can also always be a
friendly source for investor introductions and general market /
compensation intelligence.

Need Office or Tech Space? Think Glendale

The City of Glendale was recently named as a finalist for the “Most
Business Friendly City Award” sponsored by the Los Angeles County
Economic Development Corporation. Learn why Glendale is the perferct
location for your high tech startup, with companies like DreamWorks
and Disney, plus a small but growing contingent of tech firms who have
decided Glendale is the right place to be.

Learn more at

PRTechConnect – You’ve Got News, Now Get Heard
Put your business on the map with national news coverage and blog buzz for only $999 a month. PRTechConnect leverages the resources of a full-service LA-based PR firm to distribute your news directly to a customized, targeted list of reporters and editors in print, broadcast and online media.

"In the first three days our little-known electric car startup had over 2,800 search results on Google. We got articles in local papers, Automotive News, the major automotive blogs, and interview requests from ABC, CBS, NBC and The Wall Street Journal," said Farida Fotouhi, President, Reality2 LLC. "Calls also came in from potential strategic partners and investors."

Call Trent at 310.824.9000, email us at or visit

Sponsored By


Recent Interviews

Browse Issues