Monday, May 9, 2011
Southern California Game Industry Incentives - May 26th - Glendale
Southern California Game Industry Incentives: A Conversation Between
Business and Government. Local game industry developers regularly
outsource work to other states and countries due to powerful incentive
programs promoting those locations. This raises a basic question. Is there anything we can do about it? Can we incentivize local companies to hire
locally? Can we give out-of-state and foreign companies incentives to
outsource their work here? Can local municipalities craft incentives that
make financial sense to both industry and government? Can we create
a Southern California Game Industry Incentive Program? Let's find
out. Join the discussion on May 26th in Glendale.

Thursday, May 26, 2011
Glendale Adult Recreational Center
201 East Colorado, Glendale, CA 91205
5:30pm - 11pm

Learn more at:

YouTube Adds Movie Rentals
Google'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...)

posted on Monday, May 9, 2011(Full story)

TrueCar Adds Black Book Used Car Values
Santa 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...)

posted on Monday, May 9, 2011(Full story)

Solarflare Sells 10GBASE-T Business
Irvine-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...)

posted on Monday, May 9, 2011(Full story)

Active Network Ties With Sporting Goods Group
San 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...)

posted on Monday, May 9, 2011(Full story)

iRise Snags SAP Exec
El 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.

posted on Monday, May 9, 2011(Full story)

Stocktwits Inks Content Deal With CNNMoney
San 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...)

posted on Monday, May 9, 2011(Full story)

Live Nation Launches Joint Venture With Groupon
Los 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...)

posted on Monday, May 9, 2011(Full story)

Peregrine Semiconductor Updates IPO Filing
San 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...)

posted on Monday, May 9, 2011(Full story)

Broadcom To Buy Israeli Security Software Firm
Irvine-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.

posted on Monday, May 9, 2011(Full story)

Veredezyne Gets New Funding
Carlsbad-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...)

posted on Monday, May 9, 2011 (More)(Full story) Completes Rovion Buy
Irvine-based, 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.

posted on Monday, May 9, 2011(Full story)

PURE Bioscience Names VP
San 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...)

posted on Monday, May 9, 2011(Full story)

Entrepreneurs Conference - UCLA - May 13th
Join us at the 26th annual Entrepreneurs Conference at UCLA Anderson on Fri, May 13th. We welcome an audience of more than 400 students and professionals for a full day of networking and learning events including industry panels (Micofinance, New Media, Real Estate, Cleantech, Retail, Restaurants, Education), real world case studies (Local Marketing, Business Development and Fundraising), fast pitch competition, and two Keynote addresses by Paige Craig (angel investor and BetterWorks CEO) and
Will Kassoy (gaming veteran and CEO of mobile entertainment startup Jirbo).

Early bird discounts available till May 6! Save an additional 15% using the code SOCALTECH. Please visit the website for schedule, bios and ticket information:

Deloitte Fast 500 Nominations Deadline June 4
Connect. Grow. Inspire.
Deadline to submit: June 4, 2011

Submit your nomination for the Deloitte’s 2011 Technology Fast 500. The Fast 500 is a list of the 500 fastest growing technology, media, telecommunications, life sciences, and clean technology companies in the United States and Canada based on percentage revenue growth from 2006 to 2010.

Your placement on the Technology Fast 500 means increased recognition from business and financial communities, the possibility of positive media coverage and the opportunity to celebrate your company's fast growth. Companies from the Los Angeles area that make the Fast 500 list will be honored at an awards event in the fall.

For more information, visit our Web site or contact

We look forward to your participation!


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