Maxim Integrated acquires Mobilygen for video compression
Surveillance semiconductor company Maxim Integrated Products announced that it will buy private video chip maker Mobilygen for an undisclosed amount. The large public company hopes the acquisition will provide it with the compression technology it needs to make analog security cameras compatible with digital streaming,… Continue Reading
Voyage Medical raises $22M for heart treatment
Voyage Medical, which is developing new treatment for a heart condition called atrial fibrillation, has raised $22 million in a second round of financing. New investor Three Arch Partners led the round, with participation from Kleiner Perkins Caulfield & Byers (also a new investor) and… Continue Reading
Friendster raises $20 million, nabs a Googler to be CEO
Friendster, the formative social network of the modern web era that became a verb for rollercoaster failure and then took over large chunks of the Asian market, has some good news this evening.
It has raised $20 million and plucked Richard Kimber, Google’s regional managing director… Continue Reading