Monday, December 12, 2011Nexicore Services Sold To AvnetSimi Valley-based Nexicore, a provider of consumer electronics and conmputer repair and installation services, said Monday that it has agreed to sell substantially all of its assets, andits parent company, Hardcord Computer Group Inc., to Avnet. Financial terms of the deal were not disclosed, however, Nexicore said the sale came out of Chapter 11 bankruptcy. Nexicore provides depot repair, onsite repair and installation, and parts distribution of consumer electronics products. Nexicore said its (More info...)
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Specific Media Ties With Advertising Analytics FirmIrvine-basd Specific Media, the online advertising network which also owns MySpace, said Monday that it has tied with Nielsen Catalina Solutions, which measures advertising performance. The firms said they have launched a new product called Shopper Access, which is aimed at reaching shoppers in the consumer packaged goods category via display and video ads. The two said they will integrate offline purchase behavior with online ad data through the alliance. Financial details of the link between t (More info...)
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Qualcomm Backs Femtocell Firm Ip.accessSan Diego-based Qualcomm has made another investment in femtocell and picocell technology developer ip.access, as part of a new round of funding. According to ip.access, it raised $15M from investors Amadeus Capital Partners, Cisco, Intel Capital, Qualcomm, Rothschild & Cie Gestion, Scottish Equity Partners and TE Connectivity. Ip.access is using Qualcomm's technology, including its Femtocell Station Modem (FSM) chipsets and femtocell patents. Qualcomm and Ip.access inked that technology deal i (More info...)
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Ecomom Raises $4MLos Angeles-based Ecomom, an online retailer focused on organic food, eco-friendly clothing, and other similar products for children, headed by Jody Sherman, has raised $4M, according to reports. The funding came from Cue Ball Capital, plus angels Dave McClure, Tony Hsieh, Chamath Palihapitiya (Social+Capital Partners), Rohan Oza, 500 Startups, Matias de Tezanos, Rhodium Ventures, Walter Kortschak, Troy Carter, Crosslink Capital, Summit Series, Nala Investments, Paige Craig, Ed Wilson, Tom McIn (More info...)
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Superconductor Technologies Shifts HQ To TexasSanta Barbara-based Superconductor Technologies, which was founded in 1987 in Santa Barbara and develops high temperature superconducting materials, is moving its headquarters out of the state, to Texas. Superconductor Technologies--which is publicly held and trades on the NASDAQ as SCON--said the moves is part of a "strategic initiative" to grow the company. The company said that the decision is not expected to affect its headcount in Santa Barbara, where it will continue to maintain R&D and wi (More info...)
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Machinima, THQ Team To Promote NexuizMachinima, the Los Angeles animated videogame content developer and publisher, and Agoura Hills-based game developer THQ said today that they have teamed on a new, downloadable shooter game called Nexuiz. The firms said they will publish and promote the new title for the Xbox 360, Windows PC, and PlayStation 3. Details of the link between Machinica and THQ were not disclosed. The two said that THQ will use its retail and online publishing network, and Machina its active community of dedicated ga (More info...)
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CapLinked Tops $12 Billion In Deals HostedManhattan Beach-based CapLinked, the developer of a service to help companies manage their fundraising activities and investors, has tallied up its deals for the last few months, saying Friday that it has now topped over $12 billion in deals hosted on the service. The firm said that, as of November it had $12 billion in deals being managed through the service, up from $4 billion in June. CapLinked said the largest volume of deals on the service is now real estate, with $3 billion in deals, follo (More info...)
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THQ Chops 30Agoura Hills-based THQ, the developer of videogames, has cut 30 of its staff, due to poor performance of its uDraw tablet for the Wii, Xbox 360, and PS3. The cuts were due to "weaker than expected" sales of the gaming accessory.
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Sony Launches New Naughty Dog TitleSony Computer Entertainment America said today that it has launched a new title from videogame studio Naughty Dog. Sony said its new title, The Last of Us, is themed around a "population decimated by a modern plague". Naughty Dog, which is based in Santa Monica, is best known for creating the Crash Bandicoot series of games. The studio also creaked the Jak and Daxter franchises and UNCHARTED.
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Quality Systems Buys EDI FirmIrvine-based Quality Systems, the developer of healthcare information systems, reported this morning that it has acquired a provider of electronic data interchange (EDI) products, ViaTrack Systems. Financial terms ofthe deal were not announced. ViaTrack is based in Augusta, Georgia, and provides EDI services for the healthcare industry.
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Call of Duty: Modern Warfare 3 Tops $1 Billion In SalesSanta Monica-based Activision Publishing said this morning that its new title, Call of Duty: Modern Warfare 3, has just topped $1 billion in sales. Activision Publishing, which is a subsidiary of Activision Blizzard, said it took only 16 days for the company to hit the milestone. Activision compared its own sales rate to Hollywood, saying that its sales now rival that of Hollywood's biggest blockbusters. The firm pointed out that its sales exceeded those of record setting film Avatar, which reac (More info...)
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