Thursday, September 20, 2012Dreamhost, Morphlabs Join OpenStack EffortTwo Los Angeles cloud computing firm have joined the new Openstack Foundation, an industry group looking to promote the open cloud computing system spawned out of Rackspace. Los Angeles-based Dreamhost, and Los Angeles cloud computing software firm Morphlabs both said this week that they have become founding Gold members of the new group. The foundation said it will help the development, distribution and adoption of the OpenStack cloud software. OpenStack is a set of cloud-based software which c (More info...)
posted on Thursday, September 20, 2012(Full story)
ShowUhow Turns To Video For Sales LeadsSan Diego-based ShowUhow, the provider of video applications for retailers, has turned its focus to B2B companies who want to engage their customers capture leads. The firm said it has launched a new product, Reel Qualified, which it says will offer tools to engage customer prospects, capture leads, and track visitor interactions. The firm said the product uses professional video and QR codes to drive leads, complete with connections into Salesforce.com. Kim Folsom, the firm's CEO, said that the (More info...)
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ValueClick Sells Search123Westlake Village-based ValueClick has divested Search213, the company's European, self-service, paid search business, the company said today. According to ValueClick, it sold Search123 to its former executive in charge of European operations, Carl White. Financial terms of the deal were not disclosed, however, ValueClick said the deal consists of future contingent payments based upon the performance of the business over the next four years. ValueClick said that Search123 had revenues of $31.4M i (More info...)
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NantWorks' Soon-Shiong Eyes AEGPatrick Soon-Shiong, the biotech billionaire behind local technology thinktank and investor NantWorks, has emerged as a potential bidder for AEG, the owner of the Staples Center, and part owner of the L.A. Lakers, L.A. Kings, and L.A. Galaxy, according to reports. NantWorks has been one of the more active investors and acquirer of technology and biotech companies in the area recently, although those deals are dwarfed by a potential deal for AEG, which is reportedly seeking bids of around $7 bill (More info...)
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Mobile Roadie Takes On ConferencesLos Angeles-based mobile apps developer Mobile Roadie is powering a couple of apps for conferences, saying this week that its software is being used for an app for the Internet Marketing Association Conference & Awards this week, as well as an app for DLD, a conference being launched around innovation, digital media, science, and culture this weekend. The two conferences are a new angle for Mobile Roadie, whose software makes it easy for brands and others to create their own apps without requiri (More info...)
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Local Firms Makes Fortune's Fastest Growing ListA number of local, high tech firms have made Fortune Magazine's latest list of the one hundred fastest growing companies in the nation. According to the magazine, Questcor Pharmaceuticals (Anaheim) was ranked number 28, TTM Technologies (Santa Ana) was ranked at 38, Cymer (San Diego) was ranked 68, Broadcom (Irvine) was number 78, Asiainfo-Linkage was 84th, and Semtech (Camarillo) was number 88. Interestingly enough, aside from Questcor, all of the other firms from Southern California on the lis (More info...)
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DTS Launches Android Connected, Whole Home Audio System With Phorus BuyCalabasas-based audio processing technology firm DTS is expanding into the Internet-connected, whole home audio market today, saying that it has released an Android-based, whole home audio system. The new product provides a remote speaker and receiver which wireless connects with Android phones and tablets, allowing users to wirelessly stream music and other audio to the speaker from an Android app. DTS said the new product also connects directly into existing home audio systems, also make them (More info...)
posted on Thursday, September 20, 2012(Full story)