Weekly Money Trail- 08/01/2008
Posted by urbantech
Cisco Systems has agreed to acquire software company Pure Networks for $120 million in cash as the networking giant expands its consumer product portfolio.
This is Cisco’s first acquisition of a venture-backed company since it announced in November that it would acquire Securent, a provider of policy management software, for $100 million in cash. Cisco, which [...]
Weekly Money Trail- July 18, 2008
Posted by urbantech
Seattle Comcast’s The Platform goes social with Chirp Social media start-up Chirp Interactive Inc. has sold some of its assets to Comcast Corp.’s thePlatform just six months after a seed funding. Financial terms were not disclosed, but we can only assume with Comcast deep pockets, and social media on fire, the investors should be singing [...]
Read MoreThe Weekly Money Trail- July 13, 2008
Posted by urbantech
Bellevue, Investors Brings Alerts.com Back To Life
A few years ago, investors poured more than $18 million into Alerts.com, a developer of software that alerted users when content changed on high-traffic Web sites.
http://www.alerts.com
ZeeVee TV helps make HD easy with “Localcasting”
Posted by urbantech
Start Up ZeeTV is not just another media box, or set top box maker. The start-up company just announced a box that will allow users to broadcast high-def web video and other computer content to any HDTV in the house.
Read MoreWeekly Money Trail 7-4-2008
Posted by urbantech
Microsoft throws it’s weight behind Semantic light weight, POWERSET.COM
Powerset has been closely watched as a potential challenger to Google because of its search engine’s ability to understand both the meaning of search queries and the language of a Web page in order to match the two together. Google has generally eschewed natural-language search in favor [...]
