Westlake Village-based Inphi, a firm that develops analog semiconductors, said Wednesday that it has named Ron Torten as the firm’s VP of Sales. Torten joins the firm from NemeriX, where he was CEO. Torten has also served at Agilent, Agere Systems, and Quantum Corporation. Inphi is venture backed by Mayfield, Tallwood Venture Capital, Walden International, and Flextronics.
Continue Reading Skomentuj January 2nd, 2008
Customers take advantage of late-season offers and discounts, driving up growth rates within the retailor sector, according to comScore, but Future Shop and Best Buy experience some glitches along the way
Continue Reading Skomentuj January 2nd, 2008
The non-profit foundation works on a runtime platform that leverages three popular projects: Service Component Architecture, Java Business Integration and Open Services Gateway initiative
Continue Reading Skomentuj January 2nd, 2008
The software giant says AOL’s recent decision to end support for the Navigator browser proves the U.S. authorities does not need to extend its legal oversight and can retire provisions of a 2002 settlement
Continue Reading Skomentuj January 2nd, 2008
A Russian security company discovers what is called a stack overflow bug that could seriously affect users of the popular multimedia software. US-CERT investigates the scope of the problem
Continue Reading Skomentuj January 2nd, 2008
Sherman Oaks-based Twistbox Entertainment, a provider of mobile content, has merged with a publicly traded, bulletin-board company called Mandalay Media, Mandalay Media announced Wednesday morning. Mandalay said that Twistbox will become a wholly owned subsidiary of the firm, with Twistbox CEO Ian Aaron joining the firm’s board and continuing to operate Twistbox. According to SEC filings, Mandalay Media is a shell company operated by Trinad Master Fund. Twistbox is venture backed by Spark Capital and ValueAct Capital, and has raised at least $32.25M in venture funding. Twistbox operates a variety of WAP sites, mobile games, and mobile TV properties.
Continue Reading Skomentuj January 2nd, 2008
Irvine-based Managed Data Holdings, a provider of Internet colocation and web hosting services, said today that it has acquired Denver-based Data393. Managed Data, which is backed by Great Hill Partners and Catalyst Investors, did not disclose financial details on the acquisition. Data393 provides managed hosting, colocation and IT infrastructure. Managed Data Holdings also operates Intelenet Communications, which is based in Irvine. According to Managed Data, the acquisition gives it a raised-floor capacity in excess of 60,000 square feet.
Continue Reading Skomentuj January 2nd, 2008
Our interview today is with Gene Alexander, CEO of MaMoCa (www.mamoca.com), an angel funded company based in San Clemente which is developing motion capture technology for the animation and video game market. The firm recently scored an unnanounced, additional round of angel funding from the Tech Coast Angels last month, so we thought we’d look in on the company and what it is doing. Ben Kuo spoke with Gene before the holidays.
What’s your technology, what’s the need for what you offer?
Gene Alexander: MaMoCa comes from Markerless Motion Capture. Essentially, what we are doing is assembling 3D content from the emotion of performers, without encumbrances on the actors. It’s of interest to people making video games, videos, and animated TV shows directly from performances. We allow you to drive animated characters directly from actors.
Where did you get the idea for the company from?
Gene Alexander: I used to be up at Stanford, teaching biomechanical engineering. I was interested in analyzing how people move, in order to design orthopedic devices. At my previous company, Imaging Therapeutics, we were using marker motor data plus MRI models of knees and hip joins, along with deeply detailed subject specific motion information, in order to design better knee replacements. We spent a lot of time up there trying to abstract as much information as we could from a limited amount of data. With markered motion capture, for a whole body, you only get 50 to 100 data points. It turned out very hard to establish a system with that little amount of data. So, I started working on different approaches to bring data to the problem to perform estimates, including cooking up spandex suits on people. We were never able to get close to the resolution needed for our MRI models–with motion capture we only got centimeters resolution, whereas MRI was at the sub-millimeter range…. (more)
Continue Reading Skomentuj January 2nd, 2008
Moorpark, California-based Gibbs & Associates, a developer of CAD/CAM software for programming CNC machines, said Monday morning that it has merged with an Israeli Firm, Cimatron Limited. Cimatron said the deal was worth $5M in cash plus 1.5M shares of its common stock, worth roughly $9.2M in total. Cimatron was wholly owned by its founder and CEO, William F. Gibbs. According to Cimatron, Gibbs Sytems has revenues of approximately $12M in 2007. Gibbs will be merged with a newly established US subsidiary of Cimatron. William Gibbs will become President and CEO of the new U.S. subsidiary of the firm.
Continue Reading Skomentuj January 2nd, 2008
Thousand Oaks-based Teledyne Technologies has acquired two companies and completed its acquisition of a third, the firm said today and in separate announcements last week. This morning, Teledyne said its subsidiary Teledyne Reynolds has acquired Storm Products Co., a manufacturer of specialty wire, cable, and interconnect products. Last week that it has entered into an agreement to acquire the assets of Judson Technologies, LLC, based in Montgomeryville, Pa. The firm also said today that it has completed its acquisition of Impulse Enterprise, based in San Diego. Financial terms of the acquisitions were not disclosed. Judson is a manufacturer and designer of infrared detectors and related products, and Impulse Electric manufactures underwater electrical interconnects.
Continue Reading Skomentuj January 2nd, 2008
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