Wednesday, December 22, 2010Loan-Score Decisioning Systems AcquiredIrvine-based Loan-Score Decisioning Systems, which develops mortgage product and pricing products, automated underwriting, and other software, has been acquired by Calyx Software. Financial terms of the acquisition were not disclosed. Calyx is a developer of mortgage origination software for banks, credit unions, mortgage bankers and brokers, and is based in Dallas, Texas.
posted on Wednesday, December 22, 2010(Full story)
Fox Mobile Group Sold By News Corp.Beverly Hills- and Berlin, Germany-based Fox Mobile Group, which offers mobile content distribution and mobile entertainment products, has been sold to Jesta Group, Jesta said Wednesday. Financial terms of the deal were not disclosed. Jesta said Fox Mobile Group will become part of Jesta Mobile Holdings. FMG operates the Jamba, Jamster, Mobizzo, iLove, and Bitbop consumer services. The firms said that Allen & Company advised News Corp. on the sale.
posted on Wednesday, December 22, 2010(Full story)
MK Capital Scores With Aprimo BuyLos Angeles- and Chicago-based MK Capital, a venture capital investment firm with $250M under management, has scored with the acquisition today of Indianapolis-based Aprimo by Teradata. Teradata said it would pay approximately $525M for Aprimo. MK Capital led Aprimo's first institutional round, with Managing General Partner Mark Koulogeorge heading up MK's investment in the firm. MK Capital has investments in such firms as Geodelic, Machinima, and NXTV.
posted on Wednesday, December 22, 2010(Full story)
Teledyne Buys Canadian FirmThousand Oaks-based Teledyne Technologies announced this morning that it is acquiring Waterloo, Ontario-based DALSA Corporation, a developer of digital imaging and microelectromechanical systems (MEMS). Teledyne said it would pay approximately CAD $341M for DALSA in cash. DALSA has approximately 1,000 employees worldwide, and develops high-resolution, high-performance CCD and CMOS imaging sensors, electronic digital cameras and image processing software. Teledyne said DALSA had sales of CAD $201 (More info...)
posted on Wednesday, December 22, 2010(Full story)
What Mattered In 2010: Mark Suster, GRP PartnersFor the next couple of weeks, we are sharing the opinions of some of the top influencers in Southern California's high tech community. We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks.
Yesterday, we heard from Scott Painter of TrueCar. Today, we spoke with Mark Suster, a venture capitalist at GRP Partners.
1. What was the biggest news for you/your firm t (More info...)
posted on Wednesday, December 22, 2010(Full story)
Call of Duty Black Ops Hits $1B in SalesSanta Monica-based Activision disclosed yesterday that Call of Duty: Black Ops has surpassed over $1 billion in sales worldwide. Activision said, according to its internal estimates, its sell through of the title since November 9, it has racked up over $1 billion in sales. The title had already broken sales records previously held by Call of Duty: Modern Warfare 2. Activision also said that over 600 million hours have been logged playing the game since launch. Activision CEO Bobby Kotick compare (More info...)
posted on Wednesday, December 22, 2010(Full story)
Fandango Launches iPad AppLos Angeles-based Fandango, which operates an online website focused on new movies and buying movie tickets, said this morning that it has launched a new application for the Apple iPad. According to Fandango, the new app allows users to pull up movie reviews, see the nearest theaters and showtimes for movies on a map, pull up videos, photos, and trailers, as well as what movies are most popular with its users. The new application is free on Apple's App Store.
posted on Wednesday, December 22, 2010(Full story)