Monday, September 12, 2011Row 44 Inks In-flight Video-On-Demand DealWestlake Village-based Row 44, the developer of in-flight wireless broadband access equipment, has inked a deal to stream in-flight video on demand from Disney, Warner Bros., Universal, and Twentieth Century FOX, the firm said Monday. According to Row 44, it will provide access to a library of movies and television episodes in-flight from the studios, including such movies as
Avatar, Harry Potter, Inception, and Toy Story. Financial details of the partnerships were not announced. Row 44 is the (More info...)
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Everbridge Buys CloudFloorLos Angeles-based Everbridge, the operator of an emergency and incident notification service for governments and companies, said Monday that it has acquired CloudFloor, a provider of cloud-based products for managing and optimizing enterprise cloud operations. Financial terms of the buy were not disclosed. CloudFloor developed cloud infrastructure technology. Everbridge said the acquisition will help enhance its various products. Everbridge provides systems which can provide mass notifications v (More info...)
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REGEN Energy Finds Funding, Sets Up San Diego OfficeCanadian smart energy management product developer REGEN Energy said today that it has raised $5.5M in a funding round, and set up a U.S. office in San Diego. REGEN, which develops wireless demand management and demand response products for the utility industry, said the funding came from NGEN Partners and BDC Venture Capital, and will go towards rapidly expanding its marketing activities across North America. The firm said it will focus its resources on efforts in the United States, and particu (More info...)
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Mobile Roadie Snags Exec From Topspin MediaLos Angeles-based Mobile Roadie, the developer of branded mobile apps for celebrities, musicians, and brands, has snagged a VP away from fellow Los Angeles firm Topspin Media. According to Mobile Roadie, it has added Andrew Mains as its Chief Operating Officer. Mains was most recently VP Sales and Marketing at Topspin Media. He also has served at Universal Music's Interscope Records. Mobile Roadie said that Topspin is a "leading tech partner" of the firm for nearly two years, and the hire will " (More info...)
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Founders of Sony's Crackle Start Venture FundThe founders of Crackle, the online streaming video and movie site owned by Culver City-based Sony Pictures Entertainment, have announced a new venture capital fund. According to Josh Felser and Dave Samuel, the founders of Crackle, they have started a new venture fund called Freestyle Capital, with $27M in a Fund I close. It's unclear if Freestyle--which is based in the Bay Area--will be investing in entertainment related startups--most of the firm's investments are currently in the area of con (More info...)
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JigoCity Acquired by FriendFinder NetworksLos Angeles-based JigoCity, the operator of a network of international, daily deals is being acquired by FriendFinder Networks, an operator of adult websites. FriendFinder Networks said it would pay approximately $65M for JigoCity, whose deal sites are run in Australia, Korea, Hong Kong, Singapore, Malaysia, Taiwan, China, and Brazil. FriendFinder said JigoCity had revenues of $600,000 in July, and approximately $1.1M in August, and has over 1 million members. The founders of JigoCity are Tony B (More info...)
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Broadcom Acquires NetLogicIirvine-based Broadcom announced this morning that it is in a deal to acquire NetLogic Microsystems, a developer of semiconductors for the networking market, in a deal worth approximately $3.7 billion. Broadcom said it has entered into a definitive merger agreement where it will pay $50 per share for NetLogic. The deal is expected to close in the first half of 2012. Broadcom explained that the acquisition would extend its infrastructure portfolio with new product lines and technology, including (More info...)
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Qualcomm Launches Femtocell ChipSan Diego-based Qualcomm said today that it has launched a new femtocell product, aimed at the enterprise and metro market. The firm said its new systems-on-a-chip, FEmtocell Station Modem (FSM) products are aimed at the residential market. Femtocells are very small, cell phone sites which can be deployed into residences, offices, and elsewhere to provide cell service where there is weak or nonexistent signal. Qualcomm's new products support up to 32 active users. the firm's release also include (More info...)
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InvestCloud Takes On Money ManagementLos Angeles-based InvestCloud said today that it has launched a new, cloud-based product aimed at money managers. The firm said it has launched a product, mbOffice and InvestCloud CustomPort, which is aimed at money managers, hedge funds, asset managers, and others to manage their operations. The firm said its cloud-based product provides trade processing, portfolio accounting, analytics, and other functions necessary for middle and back office operations. The firm said its CEO is John Wise, and (More info...)
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Zynx Health In Big Hiring PushIn good news for the LA jobs market, another Los Angeles company is reporting big hiring plans. Los Angeles-based Zynx Health, a developer of clincial decision support software for the healthcare market, said today that it has opened up over 40 positions for hiring, as part of a growth push at the company. The firm said that it is seeking software engineers, product designers and engineers, technical product managers, data architects, and others, as part of the hiring push. Zynx Health is a subs (More info...)
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Semtech Launches Touchscreen ControllerCamarillo-based Semtech Corp. said this morning that it has launched a new, touchscreen controller. The firm said its new 4D-Touch controllers provide X,Y, proximity, and pressure sensing, and is aimed at smart phones, tablets, handheld GPS, automotive consoles, and POS terminals. Semtech is a maker of analog and mixed signal semiconductors.
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