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Arcturus Get Exit At Pliant

socalTECH

Pasadena-based venture capital firm Arcturus Capital has scored an exit out of its portfolio this morning, as Milpitas, California-based Pliant Technology was acquired by SanDisk in a deal worth $327M. Arcturus first invested in Pliant in 2007. SanDisk is a major manufacturer of flash memory.

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Ondax Names New CEO

socalTECH

Moser is a native of Switzerland, and will remain as Chief Technology Officer at the firm. ONDAX is backed by Arcturus Capital, Prospector Equity Capital, and others. Christophe Moser, who is moving to Switzerland to become Professor of Engineering and Industrial Relations at Ecole Polytechnique Federale de Lausanne (EPFL).

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