High Technology News and Information for the Pacific Northwest Region
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High Technology News and Information for the Pacific Northwest Region |
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 Thursday, February 26, 2009 Organic To Go To Delist Shares Seattle-based Organic To Go, a organic food fast food chain, said Thursday afternoon that the firm intends to deregister its common stock and terminate reporting. The firm--which is listed OTCBB--said the move is because of the financial costs and regulatory requirements of being a public company. Organic To Go has previously raised funding from Funk Ventures, Inventages Venture Capital SA, and angel group the Tech Coast Angels. posted on Thursday, February 26, 2009(Full story) Estately Adds Walk Scores Seattle-based Estately, an angel-backed, online real estate search site, has tied in "Walk Scores" into its site, the firm said this week. Estately said it is using "Walk Score" home ratings from FrontSeat, to help buyers figure out homes which have easy access to local shops, parks, public transit, schools, and workplaces. Walk Score also offers its ratings on its own web site, as well as other real estate sites like Zillow. posted on Thursday, February 26, 2009(Full story) Alaska Airlines Trials Wi-Fi Service Seattle-based Alaska Airlines announced Thursday that the firm is trialing a new, satellite-based wireless Internet service, starting with a flight this afternoon between Seattle and San Jose. Alaska said the trial--being conducted with Wi-Fi equipment provider Row 44--will equip its Boeing 737-700 with the ability to browse the Web and access other Internet services. (More info...) posted on Thursday, February 26, 2009(Full story) UIEvolution Releases PS3 Game Guide Bellevue-based UIEvolution, a developer of multimedia publishing software, said today that the firm has released a new product focused on the Sony Playstation 3 market. According to UIEvolution, its new Unofficial PS3 Trophy Guide runs on the Apple iPhone, and is a free, advertising-supported application. The new software provides what the firm describes as a "comprehensive" guide to achievement games on the PlayStation 3. posted on Thursday, February 26, 2009(Full story) Mobui Launches Chat App, Targets TV Redmond, Washington-based Mobui, which develops mobile applications, said today that it has launched a new mobile group chat product called Mobui Audience Chat. According to the firm, the application is targeted at television broadcasters and studios, and allows television audiences to interact with shows via mobile phone. (More info...) posted on Thursday, February 26, 2009(Full story) Wednesday, February 25, 2009 Intellectual Ventures Buys Patent Portfolio Bellevue, Washington-based Intellectual Ventures, the patent licensing firm run by former Microsoft CTO Nathan Myhrvold, said Wednesday that it has licensed a range of patents from Telcordia Technologies. Intellectual Ventures said that it has licesed approximately 500 of Telcordia's U.S. patents and corresponding international patents. Financial terms of the deal were not disclosed. (More info...) posted on Wednesday, February 25, 2009(Full story) Trubion Pharmaceuticals Chops 25 Seattle-based Trubion Pharmaceuticals announced Wednesday afternoon that the firm is cutting 25 percent of its employees, due to the "continuing uncertainty in the capital markets and the global economy." Trubion said the cuts represent 25 employees. Trubion is developing a number of biopharmaceuticals targeted at treating autoimmune and inflammatory diseases and cancer. posted on Wednesday, February 25, 2009(Full story) CSG Openline Completes BlueRoads Buy Redmond, Wash.-based CSG Openline announced Wednesday that it finalized its acquisition of BlueRoads Corp. a week ago. Financial terms of the transaction were not disclosed. According to CSG, the merger creates a sales and marketing solutions provider that is focused exclusively on large manufacturers of technology products and services sold through reseller channels. (More info...) posted on Wednesday, February 25, 2009(Full story) Visible Technologies Upgrades Software Seattle-based Visible Technologies, a developer of social media monitoring software, said Tuesday that the firm has shipped a new version of the firm's services. According to Visible Technologies, the update to the firm's TruCast software, TruCast 2.5, adds such features as dashboard summaries of data, ability to track shifts in sentiment on different topics, new navigation and UI cahnges, and well as full text searching of information in its system. (More info...) posted on Wednesday, February 25, 2009(Full story) Shelfari Enhances Book Site Seattle-based Shelfari, which is now owned by Amazon.com, said this week that it has made a number of enhancements to its site. According to Shelfari, the firm has added new search capabilities to the site, including new expanded search fields and advanced search options, along with added a new header navigation features. (More info...) posted on Wednesday, February 25, 2009(Full story)
Tuesday, February 24, 2009 Getty Images Acquisition Of Jupiterimages Completes Seattle-based Getty Images completed its acquisition of Jupiterimages Monday, in a deal that was worth $96M in cash. According to Jupitermedia, the firm has renamed itself WebMediaBrands Inc. Getty Images said it would acquire Jupiterimages in October. Jupiterimages was a provider of royalty-free, stock photography, offered to graphic designers and others. WebMediaBrands still runs web sites Internet.com, Mediabistro.com, and Graphics.com, sites which were not sold to Getty Images. posted on Tuesday, February 24, 2009(Full story) Dotster Sells Service To Sedo, Buys Hosting Firms Vancouver, Washington-based Dotster, which provides domain name registration, web hosting, and related services, said today that it has sold its domain monetization service RevenueDirect to Sedo. Financial terms of the transaction were not disclosed. Sedo operates an online marketplace for buying and selling domain names. Dotster said that it has also acquired EmailBrain and FortuneCity, two provider of marketing and hosting. The details of those acquisitions were also not announced. (More info...) posted on Tuesday, February 24, 2009(Full story) PopCap Acquires Gastronaut Studios Seattle-based casual gaming firm PopCap Games announced this morning that it has acquired Gastronaut Studios, an independent game development studio developing Xbox and Xbox 360 titles. Financial terms of the acquisition were not disclosed. Gastronaut develops Small Arms, an Xbox Live arcade game, and has also worked with PopCap on its Feeding Frenzy 2 title. PopCap said it has acquired both the company's assets and employees, who will become part of its internal development team. (More info...) posted on Tuesday, February 24, 2009(Full story) Topaz Bridge Gets $2M Bellevue, Washington-based Topaz Bridge, a developer of an application which connects SAP software with Microsoft Office Sharepoint 2007, said this morning it has received $2M in what it described as the first tranche of a Series B funding round. According to Topaz Bridge, it is looking to raise a total of $5M to $10M in the round. Source of the funding was not disclosed. (More info...) posted on Tuesday, February 24, 2009(Full story) GridNetworks Taps Widevine DRM Seattle-based GridNetworks, which operates a service to deliver video to the Internet, said this morning it has partnered with neighboring Seattle firm Widevine to secure its content. According to GridNetworks, it will use Widevine's DRM tools to secure videos delivered bia its GridCast TV service. Financial terms of the deal were not disclosed. GridNetworks said it will use Widevine's DRM technology to secure content delivered through H. (More info...) posted on Tuesday, February 24, 2009(Full story) Monday, February 23, 2009 Amazon Ships Kindle 2 Seattle-based Amazon.com said this afternoon that the firm is now shipping its second generation book reader, the Amazon Kindle 2. The firm said that the device--which was just announced on the 9th--is shipping one day early. According to the e-commerce retailer, the product is now the number one seller on its web site. Among enhancements to the Kindle are longer battery life, more shades of gray on its display, and faster page turning, along with a text-to-speech function. posted on Monday, February 23, 2009(Full story) Xenocode Targets Browser Software Seattle-based Xenocode said today that it has rolled out new software, which implements a number of popular web browsers through its virtualization software. According to Xenocode, the new software--Browser Sandbox--allows users to run all popular Windows browsers via a web application. the firm said the new software--available for free on its web site--is targeted at allowing web designers, system administrators, and others to evaluate the various browsers and test their web sites. (More info...) posted on Monday, February 23, 2009(Full story) Mentor Graphics Promotes Veteran Trio Mentor Graphics Corp., a maker of electronic hardware and software design applications, reported Monday that it has elevated three executives. The Wilsonville, Ore.-based company said it has promoted Robert Hum to vice president and general manager of its Deep Submicron division, Glenn Perry to general manager of its Embedded Systems division, and Guy Moshe to general manager of the Design Creation business unit within its Design Creation Synthesis division. (More info...) posted on Monday, February 23, 2009(Full story)
Friday, February 20, 2009 Jott Upgrades iPhone App Seattle-based Jott Networks has released an upgraded iPhone App, telling its users this week that it has released Jott for iPhone 2.0. The firm said the new application, which can be downloaded from the Apple App store, adds new feature such as the ability to send messages and updates to iPhone contacts. The firm said the new release is "far more flexible" than its old iPhone app, which was released last July. (More info...) posted on Friday, February 20, 2009(Full story) Marchex Sees Loss Seattle-based Marchex reported Thursday afternoon that the firm had a loss of $128.7M for the fourth quarter of 2008, on revenues of $34.8M, as the firm wrote down $177M in goodwill and intangible asset inpairments. The company said that its revenues were down from the $37.0M it reported in Q4 of 2007. Marchex provides online local advertising services. (More info...) posted on Friday, February 20, 2009(Full story) FEI Adds Another Director Hillsboro-based FEI Company, which manufactures high resolution imaging and analysis products, said Friday that it has added Richard H. Wills to the firm's board of directors. Wills was most recently Chairman, President, and CEO of Tektronix. According to the firm, the company now has 11 board members. FEI is a manufacturer of scanning electronic microscopes and related hardware, used heavily in the semiconductor, life science, and other industries. posted on Friday, February 20, 2009(Full story)
Thursday, February 19, 2009 Expedia Posts Loss Bellevue-based Expedia announced its quarterly results Thursday, posting a $2.8 billion loss for the quarter, as the firm was hit by the economic downturn. According to the firm, its gross bookings in the fourth quarter decreased by 11%, and revenues were down 7%, as both merchant hotel and air revenues decreased. The one bright spot was the firm's advertising and media revenue, which increased by 29% in the fourth quarter. The $2. (More info...) posted on Thursday, February 19, 2009(Full story) Microsoft Inks IP Licensing Deal with German Firm Computing powerhouse Microsoft Corp. revealed this morning that it has signed a patent licensing agreement with a German-based digital mapping firm. According to Microsoft, access to its intellectual property will allow 123map GmbH & Co. to overlay "place of interest" data on its existing map images. The financial impact of the deal was not disclosed. (More info...) posted on Thursday, February 19, 2009(Full story) Iovation Hires Sales VP Portland, Ore.-based iovation Inc. reported this morning that it has hired Max Anhoury as vice president of sales. According to the publisher of hosted Internet fraud prevention software, Anhoury will be responsible for inside and outside sales as well as sales engineering. iovation described Anhoury as a sales and operations management veteran with more than 20 years of experience, including seven years with CommercePath, which he co-founded. (More info...) posted on Thursday, February 19, 2009(Full story) Wednesday, February 18, 2009 Digini, Vyk Games Merge Issaquah, Washington-based Digini and Shanghai, China-based Vyk Games, firms which provide video game software and outsourced game development to companies, said today that the two have merged into a new firm, Blade Games. According to the firms, the new company will be based in Bellevue, and headed by former Digini CEO Tony Garcia, with former Vyk Games CEO Tom Sperry acting as President. Financial details of the merger were not disclosed. (More info...) posted on Wednesday, February 18, 2009(Full story) |
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