Wednesday, December 7, 2011
MRV Communications Sells Avionics Systems Unit
Chatsworth-based MRV Communications, which manufactures optical networking components, reported Wednesday afternoon that it has executed a definitive agreement with a group of European private equity firms, led by Vinci Capital SA, to sell its Creative Electronic Systems SA. Creative Electronic Systems is a subsidiary of MRV, and develops avionics, defense and communications boards, sub-systems and systems. MRV said the deal is worth approximately $24.6M. The sale comes one day after the company (More info...)

posted on Wednesday, December 7, 2011(Full story)

Hulu Releases New Xbox Live App
Los Angeles-based Hulu said this morning that it has released a new version of its Xbox LIVE app. Hulu said the app--which was "rewritten from the ground up" now supports Xbox 360's new dashboard and Kinect voice recognition features. The app works for Xbox LIVE Gold members. The Xbox 360 has been one of Hulu's platforms for Hulu Plus since the launch of the premium video streaming service. Microsoft added voice recognition features to its Xbox Kinect on Monday.

posted on Wednesday, December 7, 2011(Full story)

ntro Dangles Food Truck For A Day For Download
How do you get local users to download and try out your new social networking app? In the case of recently launched Ntro, you offer to let them have their own food truck for a day in a contest. ntro--the recently launched app developed by nProgress, the new startup headed by former Pandemic Studios co-founder Josh Resnick--said today that it is awarding free food from users' favorite food truck, in a sweepstakes for users who download and try out its app. The sweepstakes runs through December 31 (More info...)

posted on Wednesday, December 7, 2011(Full story)

FindTheBest Ramps Eye Candy, Goes Visual
Santa Barbara-based, the online products and information comparison site started by former DoubleClick founder Kevin O'Connor, has made a major upgrade to the site today, shifting the site into a more interactive, visual display. The site--which allows users to sort and search for information on electronics products, schools, consumer goods, vacation destinations, and much more--now features bright graphics, instead of the former, spreadsheet-like rows and tables on the site. Fi (More info...)

posted on Wednesday, December 7, 2011(Full story) Buys Affinity Circles
San Diego-based, which operates an online site to help job seekers network with recruiters, announced today that it has acquired Affinity Circles, an online social networking site focused on membership organizations. Financial terms of the buy were not disclosed. Mingle LLC, the parent firm of, said that Affinity Circles will become a wholly owned subsidiary of the company. Affinity Circles provides private, social networking sites for alumni and student groups, professio (More info...)

posted on Wednesday, December 7, 2011(Full story)

Digital Family Reunion To Honor Eric Pulier At Event
The Digital Family group said this week that they will be honoring Eric Pulier with its Outstanding Achievement Honor at its event Thursday. The group has previously recognized Nolan Bushnell, Scott Painter, and William Quigley with the award. Pulier is the founder or co-founder of IVT, US Interactive, Desktone, and SOA Software. The Digital Family is running its fourth annual holiday party, the Digital Family Reunion, on Thursday, gathering together a collection of over 30 different local organ (More info...)

posted on Wednesday, December 7, 2011(Full story)

SRS Labs Expands Licensing Deal With Westinghouse Digital
Santa Ana-based SRS Labs, the developer of surround sound technology, reported this morning that it has extended a license agreement it has with Westinghouse Digital. The firm said the multi-year agreement will add its SRS Audio to a the Westinghouse Digital 2012 LED TV line. Financial terms of the license deal were not disclosed.

posted on Wednesday, December 7, 2011(Full story)

j2 Global Communications Shortens Name To j2 Global
Los Angeles-based j2 Global Communications, the provider of online FAX, telecommunications, email, online backup, and other services, announced this morning that it is shortening its named to simply j2 Global. The company said the name change is a result of expansion into non-phone number-centric services. j2 Global has been expanding into adjacent markets such as unified communications, online backup, email marketing, and more in the last year or so, most recently acquiring Irish online backup (More info...)

posted on Wednesday, December 7, 2011(Full story)

SmartDrive Names Sales VP
San Diego-based SmartDrive Systems, the developer of video-based, fleet safety systems, said yesterday that it has named Dane Smith as its VP of Worldwide Sales. SmartDrive said that Smith has previously been at VMware, where he was VP Americas Field Operations and Global Vice President of Systems Integration and Outsourcing. Smith also served at Sun Microsystems and Verari Systems. SmartDrive says it now has over 375 employees.

posted on Wednesday, December 7, 2011(Full story)

5 Ways To Manage The Rising Costs Of Benefits by TriNet
A robust benefits package can be the difference between a talented superstar choosing to work with you versus a larger, more established competitor. But with the cost of benefits rising each year, providing a benefits package that helps you attract, retain and motivate talented people gets harder all the time. With knowledge and planning, you can create a win-win situation for yourself and your employees. You can use benefits to meet the needs of your workforce and successfully compete for top talent. As a business owner, itís important to be aware of the ways you can manage costs and attract top hires. In this paper read about: 1. Finding a benefits package thatís tailored for your specific industry 2. Encouraging consumerism among your employees to help save money 3. Taking advantage of technology to keep a lid on administrative costs 4. Promoting health and wellness programs to help prevent heavy benefits usage 5. Preparing for the impact and opportunities of health care reform.

Download the white paper here:

Siemer & Associates Q3 Digital Media and Software M&A Activity Report
Siemer & Associates LLC, the global merchant bank serving the digital
media, software and technology industry, has completed its Q3 2011 Exit
Report focusing on M&A deal trends and public company valuation metrics
in the digital media and software industries.

The report provides an in-depth review of M&A activity and public company
valuation metrics in the digital media and software industries during the
third quarter quarter of 2011.

Click below to read the full report:

Fetch Recruiting, Inc.
Fetch Recruiting, Inc. (
Technical Recruiting for LA based Startups and High-Growth Companies

Stradling Yocca Carlson & Rauth: Winner of the ACG NY Champions Award
The M&A Advisor and ACG New York has awarded Stradling Yocca Carlson &
Rauth, along with Marlin & Associates, for Strategic Acquisition of
the Year, in the sale of iSuppli Corporation to IHS, Inc.

An independent body of experts, who represent a cross-section of the
middle market industry, judged the finalists' deals, deal makers and

"The ACG New York Champion's Awards winners represent the best of M&A
in the New York area in 2011, and Stradling earned these honors by
distinguishing themselves in a group of very impressive finalists,"
said Roger Aguinaldo, CEO of the M&A Advisor. "Despite the continued
challenging economic conditions, Stradling Yocca Carlson & Rauth has
demonstrated that perseverance and performance lead to success in this

To learn more about SYCR and its award, please go to:

Digital Family Reunion Holiday Party - Dec 8 - Santa Monica
t's Time Again to Get Together for the Holidays!

On Thursday, December 8 from 6 to 11 pm, the Southern California technology and business communities will gather for Digital Family Reunion 2011 at Wokcano Restaurant in Santa Monica.

In association with some of the region's top trade associations and social networking groups, the fourth annual Digital Family Reunion promises to be the largest holiday party of the season and help weave our various communities of interest into the larger collective family of professionals working in and around the technology industry. DFR 2011 will cross pollinate leaders from all the major industry sectors such as media, entertainment, finance, publishing, venture funding, software, commerce, education, and many more.

Register today at:

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