Saturday, April 18, 2015 Last update: Yesterday, 9:33 PM - Covering Large & Obscure Tech Companies Since 1996

The Best of U.S. Company Tech News - Updated Daily

Tuesday, December 2, 2014

  • Posted at 4:00 AM
    H.I.G. Capital ("H.I.G."), a leading global private equity investment firm with more than $17 billion of equity capital under management, is pleased to announce that its affiliate has completed the recapitalization of Pegasus Electronic Distribution Services (“PEDs” or the "Company"). As part of the transaction, Toni ... read more
  • Posted at 4:00 AM
    Socrata (, the world leader in cloud solutions for open data and data-driven government, today announced that it has closed a $30 million Series C round of financing led by Sapphire Ventures (formerly SAP Ventures), with participation from all existing investors – OpenView Venture ... read more
  • Posted at 4:00 AM
    Meridian Life Science, Inc., (MLS) of Memphis, Tennessee, a wholly-owned subsidiary of Meridian Bioscience, Inc. (NASDAQ:VIVO), is proud to announce they have been selected by the Centers for Disease Control and Prevention (CDC) to develop a process for manufacture of a rotavirus vaccine. Funding for this ... read more
  • Posted at 4:00 AM
    AUSTIN, TX--(Marketwired - December 02, 2014) - Mobile operators are looking to small cells as a way to solve in-building coverage/capacity issues, as a great deal of mobile phone usage happens indoors. A Distributed Antenna System, or DAS, is a type of small cell that is characterized by multiple antennas connected to processing units that are geographically distributed throughout a network.DAS are typically deployed to improve both the voice and data coverage on licensed ... read more
  • Posted at 4:00 AM
    REDWOOD CITY, CA -- (Marketwired) -- 12/02/14 -- Coraid®, a leading storage solutions vendor for public cloud service providers and large enterprise private clouds, today announced that Practice Insight®, a prominent healthcare claims Software-as-a-Service (SaaS) provider, has selected the Coraid EtherDrive to accommodate the growth of its EDI-based revenue cycle management solutions. Practice Insight connects providers to thousands of commercial and government payers in order to submit and track healthcare claims in real time. Since 2003, they have delivered solutions ... read more
  • Posted at 3:30 AM
    MENLO PARK, CA -- (Marketwired) -- 12/02/14 -- 3-V Biosciences, Inc., a clinical-stage biopharmaceutical company developing therapeutics that modulate key pathways in oncology and infectious diseases, announced today that Chief Executive Officer, Merdad Parsey, M.D., Ph.D., will present at the 25th Annual Oppenheimer Healthcare Conference on Thursday, December 11, 2014 at 9:10 AM EST at the Crowne Plaza Times Square in New York, New York. About 3-V Biosciences 3-V Biosciences, Inc. is a discovering and developing therapeutics that modulate key pathways ... read more
  • Posted at 3:00 AM
    Apellis Pharmaceuticals, Inc., a leading biotechnology company applying immunotherapy to autoimmune disease, today announced that it has completed a $33M private placement of its Series C Preferred Stock. The financing was led by Morningside Ventures and AJU IB Investment Co., Ltd. with Epidarex Ventures participating with follow-on funding. The proceeds will be used to fund three new complement immunotherapy programs entering clinical proof-of-concept stage. The first indication is paroxysmal nocturnal hemoglobinuria (PNH), a rare disease of the bone marrow. Apellis' drug ... read more
  • Posted at 2:30 AM
    Enamine Ltd. and BioVersys AG announced today the extension of their drug discovery collaboration for the 4th consecutive year. Since the start of the collaboration Enamine has provided expertise in screening of compounds and chemistry know-how for hit finding activities and optimization. BioVersys has brought its ... read more
  • Posted at 2:09 AM
    Otsuka Pharmaceutical Co., Ltd. is pleased to announce an agreement with Avanir Pharmaceuticals, Inc. (“Avanir”) in which Otsuka America, Inc., a US subsidiary, acquires Avanir for USD 3.5 billion in an all-cash tender offer. The contract was signed on December 2, Japan time. ... read more
  • Posted at 2:03 AM
    Ascom Wireless Solutions and AirStrip® have announced a partnership to link their clinical mobile device applications to provide faster access to live ECG waveform streaming, speeding up decision-making and response time to critical patient events. When a nurse or other clinician receives a patient monitor alarm ... read more
  • Posted at 2:00 AM
    The Wireless Broadband Alliance (WBA), the industry association focused on driving the next generation Wi-Fi experience, today published a report on the Wi-Fi hotspot market compiled by global research company Maravedis-Rethink. The annual survey revealed that 70% of respondents said a key motivation ... read more
  • Posted at 2:00 AM
    Virgin Media has partnered with BlackArrow, a leading provider of TV advertising and data solutions, to introduce advanced digital capabilities that support the advertising needs of brands and broadcasters. BlackArrow provides a host of multi-screen and cross-platform ... read more
  • Posted at 1:35 AM
    Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR) today announced that it has entered into a definitive agreement with Otsuka Pharmaceutical Co., Ltd. pursuant to which Otsuka will acquire Avanir for $17.00 per share in cash. The transaction, which values Avanir at approximately $3.5 billion, has been unanimously approved by the boards of directors of both companies. Otsuka will launch a tender offer within ten business days to purchase all outstanding shares of Avanir. The closing of the tender offer ... read more
  • Posted at 1:01 AM
    McKesson Corporation (NYSE:MCK) (“McKesson”), a leading North American healthcare services and information technology company, announced that the Stuttgart Higher Regional Court approved the registration of the domination and profit and loss transfer agreement between Celesio AG [ISIN DE000CLS1001] (“Celesio”), a leading ... read more
  • Posted at 1:01 AM
    Becca Wilson was excited when her name was called to receive the 2014 Woman of the Year Stevie Award for Technology - Business Services and Financial Services. The competition was heavy: 1,200 nominations across 22 nations; and the "Woman of the Year" categories were the most competitive. She had seen women from all over the world accept awards that evening during the presentation ceremony in New York City for women entrepreneurs, executives, and employees in business. Click here to see ... read more
  • Posted at 1:01 AM
    Epson America, Inc., a leading provider of business imaging solutions, today announced expansion of its portfolio of workgroup printers with its two new A3 printing solutions powered by PrecisionCore(TM) - the WorkForce(®) Pro WF-8590 and WF-8090. The WorkForce Pro 8000-Series printers are designed to deliver affordable color printing with low intervention for small and medium companies and corporate workgroups. The WorkForce Pro 8000-Series features black and color print speeds up to 24 ppm(1), a duty cycle of up to 75,000 pages(2), ... read more
  • D-Link Now Shipping All-in-One Network Video Recorder --- FOUNTAIN VALLEY, Calif., Dec. 2, 2014
    Posted at 1:01 AM
    Today D-Link announced it is shipping the mydlink(®) Network Video Recorder with HDMI Output (DNR-312L). Designed with small business owners in mind, the DNR-312L NVR is simple to set up and operate and allows users to keep a close eye on their businesses locally with a mouse and HD monitor, or remotely with a phone, tablet or PC. Users can customize the ideal security solution by mixing and matching up to nine D-Link(®) network cameras, and can view, record and ... read more
  • Posted at 1:01 AM
    SEATTLE, WA -- (Marketwired) -- 12/02/14 -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced the Company has named Ryan Waite senior vice president of products. With more than 20 years of experience in big data, supercomputing and software at Amazon Web Services and Microsoft, Waite will be responsible for leading Cray's products division, which manages the Company's line of compute, storage and big data analytics solutions. "With the convergence of big data analytics and supercomputing that we ... read more
  • Posted at 1:00 AM
    Kromek Group plc (“Kromek” or the “Company”), a radiation detection technology company focusing on the medical, security and nuclear markets, is pleased to announce that it will be showcasing two new solutions for aviation security at this year’s Transport Security Expo (“Transec”), taking place from 2-3 ... read more
  • Posted at 1:00 AM
    The International Multimedia Telecommunications Consortium (IMTC) announces the successful completion of its yearly Telecommunications Multimedia and Unified Communications (UC) Industry Forum and Awards Ceremony. The forum and member meeting was hosted by Microsoft in Redmond, Wash., ... read more