Wpisy z July 28th, 2008

Zogenix Gets $18M In Debt

San Diego-based Zogenix, a developer of specialty pharmaceuticals, said Monday that it has raised $18M in a secured loan facility. The loan came from Oxford Finance Corporation and CIT Healthcare LLC. Zogenix said the funding will go towards preparing for the laun chof its first product, which is targeted at treatment of acute migraine. Zogenix is developing two products focused on treatment of central nervous system (CNS) disorders and pain. Zogenix has previously raised equity capital from Abingworth Management, Clarus Ventures, Domain Associates, Life Science Angels, Scale Venture Partners and Thomas, McNerney & Partners.

Continue Reading Skomentuj July 28th, 2008

Rogers paying ‘significant’ subsidy on 3G iPhones

Rogers Communications is paying a hefty but unspecified subsidy on every iPhone it sells, Still, it may well be worth it. According to its latest quarterly report wireless data revenue was up 34 per cent in the latest quarter, not counting the just-released iPhone

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High-profile execs leave Alcatel-Lucent

The company needs a personality of its own two years after its merger, so chair Serge Tchuruk is “leading by example” and stepping down

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SAP denies maintenance hike is cost-generating ploy

A recent price change on software maintenance contracts will jack up the total cost of owning SAP software. British users are not amused.

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Focus on the human factor, security panel says

An ISACA panel champions a governance model for information security that demands an “intentional culture” of a secure corporate environment

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Getting ready for chip and PIN

The rapidly evolving payment industry is undergoing a new chip and PIN revolution in Canada and merchants will need to stay on their toes to keep up. Industry observers, including a newly appointed Canadian INSIDE Contactless executive weigh in on the issue

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AECOM Completes Earth Tech Acquisition

Los Angeles-based AECOM Technology Corporation, a provider of professional IT services for the government and commercial clients, said Monday morning that it has completed its acquisition of Earth Tech, Inc. Earth Tech was a unit of Tyco International, and provided consulting and engineering services in the wastewater, environmental, transportation, and facilities industry. The deal was worth $510M, and was originally announced in February. AECOM also said that it has sold a number of businesses related to Earth Tech, which it said did not align with its strategic plans and core businesses.

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SimpleTech Ships Bamboo Hard Drive

Santa Ana- and San Mateo-based Fabrik, a developer of storage devices and services, said Monday that the firm has shipped a hard disk drive–made out of bamboo and aluminum. The company claims the drive is an energy-efficient, “resource-conscious” and sustainable product. The SimpleTech [re]drive is an external hard drive uses bamboo as part of its external case; the firm said the bamboo is grown locally to its manufacturing facility.

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ZyXEL Targets SMB Threat Management

Anaheim-based ZyXEL Communications, a manufacturer of broadband networking and other related products, said Monday that it has rolled out an expanded line of threat management products targeted at small and medium sized businesses. According to the firm, its new ZyWALL USG series of products provide IPSec/SSL VPN, firewall, content filtering, and other security functionality. The new products are targeted at companies with 10 to 300 employees, and range from $649.99 to $3399.00 through ZyXEL’s channel.

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MEDIA ALERT — ‘Invent the New Reality’ at Intel Developer Forum

Intel Developer Forum (IDF) is where Intel Corporation and the ecosystem come together to share their latest innovations and vision for the future of technology.

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