Monday, December 3, 2012
Qualcomm, Sharp In Joint Development Deal
San Diego-based Qualcomm has inked a deal with Japanese display maker Sharp, to invest approximately $61M (5 billion yen) in Sharp, as part of a joint development deal. The deal, first reported by Japanese newspaper Nikkei, said that the two will work together to develop an energy-efficient, LCD panel for smartphones. Sharp has been looking around for strategic partners in the last month, as it has run into series business troubles. Reports says the move gives Qualcomm 5 percent of Sharp.

posted on Monday, December 3, 2012(Full story)


LA Makerspace Targets Tinkerers, Creators
How do you spur more people creating software, hardware, devices, and more in Los Angeles? A new group, LA Makerspace, headed by Tara Tiger Brown, is hoping to create a new, non-profit community space all around creating new things. The group recently kicked off a Kickstarter effort to raise money to buy 3D printers, a laser cutter, and more for use at a space in the LA Mart, which it says will be used to teach classes and support projects in software, hardware, electronics, robotics, art, filmm (More info...)

posted on Monday, December 3, 2012(Full story)


Qualcomm Backs Telephony API Provider
San Diego-based Qualcomm has backed San Francisco-based Plivo, a provider of voice and messaging applications APIs. Plivo said this morning that it has raised $1.75M in a seed funding round, which came from Andreessen Horowitz, Battery Ventures, Qualcomm Incorporated and SV Angel. Plivo provides voice and messaging APIs, used by developers to develop telephony, SMS, and other applications. The firm competes with such companies as Twilio, CallFire, Tropo, and others.

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AeroVironment Invests In Swedish Firm
Monrovia, California-based Aerovironment, the developer of unmanned aircraft systems, said this morning that it is making an investment in a Swedish developer of vertical takeoff and landing (VTOL) systems. Aerovironment said it will invest up to $3M in CybAero AB, which develops unmanned aircraft systems with vertical takeoff and landing capability. The move comes as part of an effort to provide VTOL unmanned aircraft systems to Aerovironment's customers. Aerovironment said it gained the right (More info...)

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Insights and Opinions: Fake Press Releases: What Have We Learned?

For our Insights and Opinions section this morning, we asked Michael Terpin, the founder of SocialRadius, to lend some hard-earned perspective on fake releases following the flap last week over a fake press release involving Google, ICOA, PRWeb, and half the Internet news and blogging sites. Michael has the rare experience of having to handle a similar crisis at Internet Wire (which eventually became Marketwire) twelve years ago.

Michael shares more at Fake Press Releases: What have we lear (More info...)


posted on Monday, December 3, 2012(Full story)


Interview with Damir Davidovic, NEOGOV
It's surprising how often we run into rapidly growing companies that not many people have heard of, here in Southern California, but that's the case with El Segundo-based
NEOGOV, which has quietly built an enterprise software company supplying human resources software to the government and public sector. The firm recently showed up as one of the fastest growing companies in LA as part of the Deloitte Fast 500 rankings. We caught up with Damir Davidovic, CEO of NEOGOV, to hear about the rapidly (More info...)


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IOGEAR Mobile Charger Targets Power Hungry Consumers
Foothill Ranch-based IOGEAR is targeting power-hungry mobile users with its latest product, a new mobile charging station which boasts 11,000mAh of power. IOGEAR said today that its new Ultra Capacity Mobile Power Station let users charge up to two devices via a pair of USB powers, supporting such products as power hungry iPads and tablets, as well as iPhones, Android phones, iPods, and other accessories. IOGEAR said the new device will be sold both through its own site and through online retail (More info...)

posted on Monday, December 3, 2012(Full story)


ServiceNow Wins CoreSite
San Diego-based cloud IT automation software provider ServiceNow reported this morning that it has been selected by data center operator CoreSite Realty Corporation. ServiceNow said that CoreSite will use its products to automate its businesses processes, including internal IT incident management and customer-facing service ordering. Financial impact of the win was not disclosed. CoreSite operates 14 data centers across nine U.S. markets.

posted on Monday, December 3, 2012(Full story)


Seesmart Technologies Acquired By Revolution Lighting
Simi Valley-based Seesmart Technologies, a provider of LED lighting products, has been acquired by Revolution Lighting, in a deal worth $20M in cash and stock. According to Revolution Lighting Technologies, which develops LED lighting products, Seesmart's product line is highly complementary to its existing products, and Seesmart's distributors and sales representatives also help bolster its distribution.

posted on Monday, December 3, 2012(Full story)


Broadcom Debuts New Processor Line
Irvine-based Broadcom announced this morning that it has debuted a new line of processors, aimed at classification, forwarding, and security applications in networking equipment. The firm's new NLA12000 Series, a 28 nanometer device, is aimed at 3G/4G mobile infrastructure, data center and enterprise environments. The new "knowledge processor" is used for layer 2-4 processing in networks, for use in switches, service gateways, security appliances and mobile infrastructure equipment. Broadcom sai (More info...)

posted on Monday, December 3, 2012(Full story)


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