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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and Santa Barbara-based ELC Technologies , the development firm founded by Jonathan Siegel. According to ELC Technologies, Rahmat takes the helm of ELC. READ MORE>>.

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D2 Technologies Buys Webia Technologies

socalTECH

Santa Barbara-based D2 Technologies , which develops embedded IP communications software, reports today that it has acquired Webia Technologies , a developer of products for the Google Android OS platform. Financial terms of the buy were not disclosed. Webia is based in Taipei, Taiwan.

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CALIENT Technologies Raises $19.4M

socalTECH

Santa Barbara-based CALIENT Technologies , a developer of photonic switching equipment, said this morning that it has raised $19.4M CALIENT Technologies is headed by Atiq Raza, and develops modular photonic switching systems. in a round of venture financing. Names of those investors were not disclosed.

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Technology Space: The Final Frontier for Growth of Companies in Santa Barbara?

SoCal Tech Calendar

Wednesday, October 15, 2008 -- The MIT Enterprise Forum of the Central Coast Presents: Technology Space - The Final Frontier for Growth of Companies in Santa Barbara? Have you ever come up against a wall when trying to find "technology space" in the Santa Barbara region?

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Santa Barbara Gets Another $100M Plus Exit, At Aurrion

socalTECH

Add another, high dollar exit for a young startup in Santa Barbara, adding to the region's growing list of successful technology exits: Aurrion. According to a 10-Q, quarterly filing from acquirer Juniper Networks on Thursday, it paid $165M for Goleta-based Aurrion, a fabless, wafer scale silicon photonic technology provider.

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Cisco Buys Santa Barbara Firm

socalTECH

San Jose-based networking giant Cisco said today that it has acquired Richards-Zeta Building Intelligence, a Santa Barbara firm which develops software used for managing building infrastructure. Financial terms of the acquisition were not disclosed. Cisco's Globalisation Centre East unit is based in Bangalore, India.

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Superconductor Technologies Spins Off Subsidiary

socalTECH

Superconductor Technologies , the developer of superconducting materials which was, until recently, located in Santa Barbara, said earlier this week that it has spun off a subsidiary working on its Reconfigurable Resonance (RcR) technology. is looking to find financing before actively developing its technology.