Quest Software Eyed By Dell
Aliso Viejo-based Quest Software is in discussions with Dell about an acquisition, according to reports today. No details on the discussions have been released, however, BusinessWeek said that Dell is mulling an acquisition of Quest, which is already in the midst of a $2 billion, going-private deal with Insight venture Partners. That deal was announced in March. Quest is a provider of enterprise I
Friday, May 25, 2012
Blizzard: Diablo III Sets Launch Record
Irvine-based Blizzard Entertainment said today that its launch of Diablo III, its newest gaming title, has set a new record for the fastest selling, PC game, with 3.5 million copies sold in its first 24 hours. Blizzard said that 4.7 million gamers launched with the new title, which also include 1.2 million players who received Diablo III as part of its World of Warcraft Annual Pass promotion, and
Wednesday, May 23, 2012
Boingo Wireless Extends To Beijing International
Los Angeles-based Wi-Fi network provider Boingo Wireless is continuing to extend out its network of Wi-Fi access points in airports, reporting this morning that it has launched its managed Wi-Fi services at Beijing Capital International Airport (PEK). Boingo said the deal, through and agreement with Newbridge Technologies, will allow it to broadcast its Boing_Hotspot SSID and control the user expe
Wednesday, May 23, 2012
Mindspeed In Deal With China Mobile
Newport Beach-based semiconductor maker Mindspeed said this morning that it is in a joint development agreement with China Mobile Communications Corporation. Mindspeed said the two will form a joint development lab, to support the deployment of Time Division Synchronous Code Division Multiple Access (TD-SCDMA) femtocells by China Mobile. Financial details of the deal were not disclosed. China Mobi
Monday, May 21, 2012
WD Launches Stock Repurchase Program, Shifts To NASDAQ
Irvine-based Western Digital, the maker of disk drives, said today that it has authorized a $1.5 billion stock repurchase program, and will also shift its exchange listing to the NASDAQ Global Select market. WD said the shift to the NASDAQ represents a "new beginning" for the company following its acquisition of Hitachi Global Storage Technology (HGST); the shift occurs on June 1st. The company ex
Monday, May 21, 2012
PromoJam: Facebook IPO Celebrated In Drinks?
Planning on celebrating that Facebook IPO tonight? Los Angeles-based PromoJam just posted an amusing list of tech-themed mixed drinks to celebrate the occasion, which is now the biggest technology IPO on record, ever. PromoJam posted its list of tech-company themed drinks Friday in a tongue-in-cheek post, to help new Facebook stock owners to "drink away your jitters after you buy your inflated Fac
Friday, May 18, 2012
WD Names Two To Board
Irvine-based Western Digital, the maker of disk drives, said this morning that it has appointed two new members to its board of directors. WD said it has added Kensuke Oka and Masahiro Yamamura to the board, both of whom are being added as part of WD's acquisition of Hitachi Global Storage Technologies. Oka is President and CEO of Hitachi America, Ltd., and Yamamura is General Manager of the Semic
Friday, May 18, 2012
HireRight Takes On Resume Padding Executives
Here's a new product that the board over at Yahoo might have wished they could have used, before the huge flap over once-CEO Scott Thompson's resume: HireRight, the Irvine provider of employment screening software-as-a-service, said it has launched a new product called HireRight Executive Biography Verification, which will help organizations to vet the biographies of high-profiles executives, boar
Thursday, May 17, 2012
Buy.com Parent Rakuten Leads $100M Round In Pinterest
Rakuten, the Japanese e-commmerce giant which owns Aliso Viejo-based e-commerce site Buy.com, has just grabbed a stake in up-and-coming Internet sharing site Pinterest, according to reports today. Pinterest, which allows people to share pictures with their friends, comment on those pictures, and more, is expected to announced a $100M funding round, which was led by Rakuten, and also includes Andre
Thursday, May 17, 2012
Quality Systems Buys The Poseidon Group
Irvine-based Quality Systems, the developer of electronic health records and medical practice management software, said this morning that it has acquired The Poseidon Group, a developer of emergency room documentation and electronic medical record products. Financial terms of the acquisition were not announced. The Poseidon Group was based in Atlanta, and was founded in 1998.
Wednesday, May 16, 2012
