Monday, May 9, 2011YouTube Adds Movie RentalsGoogle's online video sharing site YouTube, said today that it has inked a deal to add around 3,000 movie titles for rent through the site, as it looks to broaden its offerings from the amateur, web-based videos its is known for towards more traditional, professional content. YouTube said its online movie service will also offer up short movie trailers, reviews, and behind-the-scene movie extras through the service. YouTube did not say what movies it is adding, but said it has deals with NBC Uni (More info...)
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TrueCar Adds Black Book Used Car ValuesSanta Monica-based TrueCar, the automotive pricing website headed by Scott Painter, has added "Black Book" used car values to the site. According to the company, the new values come via an agreement with National Auto Research, a division of Hearst Business Media. Financial details of the deal between the firms was not announced. Black Book is one of a number of competing sources for used car valuation, and competes against Kelley Blue Book and NADA. TrueCar said the prices will be available on (More info...)
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Solarflare Sells 10GBASE-T BusinessIrvine-based Solarflare has sold its 10 Gigabit ethernet physical layer (PHY) business, the firm said today. According to SOlarflare, it has exited the physical layer PHY business by selling the firm's 10GBASE-T assets to an un-named merchant semiconductor company. Financial terms of the deal, and further details on the specifics of the deal have not been disclosed by the company. According to Solarflare, the move will allow it to focus on its 10GbE server adapters, and particularly its sales in (More info...)
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Active Network Ties With Sporting Goods GroupSan Diego-based Active Network, the provider of sports registration and related web software for the sports and recreation industry, announced today that it has linked up with the Sporting Goods Manufacturers Association (SGMA), a group representing the sporting goods industry. According to Active, the two will work together via the Active Lifestyle Panel, a panel and survey effort being run by Active. Active Network said the move will help provide the SGMA with insights into behaviors, attitude (More info...)
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iRise Snags SAP ExecEl Segundo-based iRise, which develops enterprise software visualization tools, said today that it has named Ed Lange, former Global Chief Customer Officer for SAP, as a strategic consultant and member of its board of advisors. Lange served at SAP for sixteen years, and also served at Andersen Consulting/Accenture. iRise said the addition of Lange is part of an effort to understand the SAP market. SAP recently became a reseller for iRise.
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Stocktwits Inks Content Deal With CNNMoneySan Diego-based Stocktwits, the stock-focused, online social media site headed by Howard Lindzon, has inked a new content deal with CNNMoney, the firm said today. Financial detail fo the deal were not disclosed. According to StockTwits, the content partnership with CNNMoney will feature editorial content from its blog network, linking directly to individual blogs its its StockTwits Blog Network, and also includes an advertising revenue share program. StockTwits said that the deal gives it access (More info...)
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Live Nation Launches Joint Venture With GrouponLos Angeles-based Live Nation Entertainment and daily deals site Groupon are launching a new joint venture, the companies announced today. According to the two, they have created a new joint venture called GrouponLive focused on new online ticketing deals. The companies said that GrouponLive will provide a local resource for Live Nation events and clients of ticketing business Ticketmaster, offering up deals on tickets to concerts, sports, theater, arts, and other live events. Financial details (More info...)
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Peregrine Semiconductor Updates IPO FilingSan Diego-based Peregrine Semiconductor, the developer of CMOS RF integrated circuits, updated its S-1 filings Friday, saying that it had a net loss of $1.0M on revenues of $21.2M for the three months ended March 26, 2011. That compares with net income of $1.0M on revenues of $22.9M for the similar quarter in 2010. Peregrine Semiconductor has filed for an IPO on the NASDAQ Global Market as PSMI. The firm's IPO is being underwritten by Deutsche Bank Securities, J.P. Morgan, Needham & Company, Opp (More info...)
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Broadcom To Buy Israeli Security Software FirmIrvine-based Broadcom announced late Sunday that it is acquiring Israeli security software developer SC Square Ltd.. According to Broadcom, it will pay approximately $41.9M in cash for SC Square Ltd. Broadcom said the acquisition would give it an expert team of engineers focused on security, an "essential ingredient" across its platforms. Broadcom said it expects the acquisition to close before June 30th.
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Veredezyne Gets New FundingCarlsbad-based Verdezyne, a developer of renewable fuel and chemical processes, announced this morning that it has scored a new round of funding. Size of the new round was not disclosed. Verdezyne said the investors in the new round of funding included BP Alternative Energy Ventures, DSM Venturing B.V., as well as existing investors OVP Venture Partners and Monitor Ventures. Verdezyne is developing a yeast-based process for producing ethanol and adipic acid, used for renewable fuels and chemical (More info...)
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Local.com Completes Rovion BuyIrvine-based Local.com, which operates a network of local search sites, said today that it has completed its acquisition of Rovion, a provider of rich media advertising. The deal was worth $2.3M in cash, and was originally announced on April 4th. Rovion was a wholly owned subsidiary of DigitalPost Interactive.
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PURE Bioscience Names VPSan Diego-based PURE Bioscience, a developer of antimicrobial compounds, announced today that it has named tom Myers as Executive Vice President, Sales and Marketing. Myers has previously served at Idaho Milk Products, and also served at Weider Nutrition International, Puritan Quartz Pharmaceuticals, FruitSource Associates and FruitSource Confections, Nancy's Specialty Foods, Izaki Glico and Berkshire Hathaway Corporation. PURE biosciences said Myers will initially be focused on food science and (More info...)
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