November 20, 2007

Spreadtrum Communications Acquires Quorum Systems

SHANGHAI, ChinaNovember 18, 2007Spreadtrum Communications, Inc. (Nasdaq: SPRD), one of China's leading wireless baseband chipset providers, today announced that it has entered into a definitive agreement to acquire Quorum Systems, Inc. ("Quorum"), a San Diego-based fabless semiconductor company that specializes in the design of highly integrated CMOS radio frequency (RF) transceivers. Under terms of the agreement, Spreadtrum will pay $55 million in cash and $15 million in stock to Quorum's shareholders, with up to an additional $6 million in cash for performance based earn-outs expected to be achieved over the next two years.

November 2, 2007

San Jose-Based Calient Networks Lands $10 Million in Funding

San Jose, Calif. -- Calient Networks, a San Jose-based developer of fiber management systems based on optical switching, said that it has landed $10 million in a new round of funding, led by TeleSoft Partners. Enterprise Partners Venture Capital, Sofinnova Venture, Wall Street Technology Partners and other previous investors also participated. The company said that it will use the proceeds to accelerate production, expand sales and enter new markets. With the completion of the round, the company said that George Schmitt, the managing director of Telesoft Partners, has been elected chairman of its board of directors.

November 1, 2007

Specific Media Raises $100 Million To Expand Web Ads

Online-advertising company Specific Media Inc. said it raised $100 million in financing from private-equity firm Francisco Partners, another sign of the investment frenzy over Internet ads and their ability to generate revenue for all kinds of Web sites. Specific Media, of Irvine, Calif., will use the money for acquisitions and to expand into new types of advertising, adding to the typical display or "banner" ads the company sells now, Chief Executive Tim Vanderhook said in an interview. Specific Media, which has 115 employees, wants to start dealing in different ad formats, such as search-based ads and video ads, he said.

November 1, 2007

Specific Media Secures $100 Million in Funding

Leading Online Advertising Network Joins Forces with Francisco Partners IRVINE, Calif.--(BUSINESS WIRE)--Specific Media, the number three-ranked advertising network according to the September comScore rankings, today announced that it has closed a Series B financing with Francisco Partners, a leading technology-focused private equity firm with approximately $5 billion under management. Francisco Partners will fund the company with up to $100 million, with access to further resources as necessary, to support Specific Medias growth. Specific Media has earmarked this new round of funding for acquisitions that build on the companys current platform. This commitment represents one of the 20 largest technology growth capital deals made worldwide in 2007 to date. Investment bank Piper Jaffray advised Specific Media on the transaction.

October 30, 2007

Genoptix Shares Climb on First Day

Genoptix Shares Rise More Than 50 Percent in Market Debut After Pricing Above Expected Range NEW YORK (AP) -- Shares of diagnostic services provider Genoptix Inc. climbed more than 50 percent in their first day of trading Tuesday, after the company's initial public offering priced above the expected price range at $17 per share. Shares jumped $8.51, or 50.1 percent, to $25.51 in midday trading. Shares hit a low of $23.40 and a high of $26.31 earlier in the session. The Carlsbad, Calif.-based company had anticipated the offering of 5 million shares to price between $14 and $16 per share. Genoptix offered roughly 4.3 million shares and a group of stockholders offered the remaining 714,286 shares.

October 29, 2007

VMIX Adds $16.5 Million in Funding to Expand Video Network

October 29, 2007 02:25 PM PDT by Adam Ostrow. VMIX, which powers social networking communities for a number of leading media brands, has raised $16.5 million in Series B funding. VMIX offers is own online community where users can upload videos and create their own channels, but also partners with popular sites including the Independent Film Channel and Media General. This round of funding comes from ATA Ventures, JK&B Capital, Mission Ventures, and Enterprise Partners.

October 29, 2007

Genoptix, Inc. Announces Pricing for Initial Public Offering

SAN DIEGO, Oct 29, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Genoptix, Inc. announced today the pricing of its initial public offering of 5,000,000 shares of common stock at a price of $17.00 per share. 4,285,714 shares are being offered by Genoptix and 714,286 shares are being offered by certain selling stockholders. In addition, Genoptix and the selling stockholders have granted to the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock. Genoptix common stock is expected to begin trading on the NASDAQ Global Market under the trading symbol "GXDX" on Tuesday, October 30, 2007.

September 5, 2007

LSI Corp. Announces Agreement to Acquire Tarari, Inc. For $85M

Tarari, Inc., a San Diego based fabless semiconductor company, has signed a definitive agreement to be acquired by LSI Corp. (NYSE: LSI) for $85 million in cash. (See www.lsi.com for LSIs press release.) Tarari has emerged as the world leader in content processor silicon to offload and accelerate compute-intensive, complex algorithms used for content inspection in XML/Web Services, Network Security and Digital Media environments. Bob Conn, a member of Tarari's board since February of 2006 and a Managing Director of Enterprise Partners Venture Capital, said LSIs agreement to acquire Tarari confirms Tarari's leadership and strategic value. The acquisition will provide a significant return for Tarari employees and investors while enabling LSI to deliver advanced services across its own portfolio of networking and storage solutions.

July 31, 2007

Muze Launches Mobile Music Subscription Service with O2 Germany

Muzes Open Media ExchangeTM enables Top Ten mobile subscription service. Muze Inc., a worldwide leader in digital media commerce solutions that enable search, discovery, and purchasing of entertainment media, today announced that its Open Media ExchangeTM (OMXTM) digital media distribution platform is being used by O2 Germany to power a new, subscription-based mobile music experience. This service is the first of its kind for O2, and enables O2 to target digital media promotions to both new and current users of O2s mobile services.

July 31, 2007

Specific Media Fastest Growing Online Ad - Network among comScores Top 10 Networks

IRVINE, Calif.--(BUSINESS WIRE)--Since its debut in comScore rankings in February of this year, Specific Media has been the fastest growing online advertising network. It is now the sixth largest online advertising network and the seventh largest property on the Internet, according to the June comScore ad networks rankings published earlier this month. Specific Media has seen an almost 19 percent increase over last month alone and a 31 percent increase since its debut in February, reaching nearly 120 million unique users for a total U.S. reach of 66.3 percent.