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Ixia Acquires Net Optics

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Calabasas-based network testing equipment and software developer Ixia announced Tuesday that it is acquiring Net Optics , a developer of network and application analysis products. Ixia said it will pay $190M in cash for Net Optics.

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AutoGenomics Files For IPO

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AutoGenomics said it had net income of $459,000 on net revenues of $8.69M for the first six months of 2012. The firm's IPO is being underwritten by Leerink Swann, Stephens Inc., Mizuho Securities, and Cantor Fitzgerald & Co. READ MORE>>.

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Moviepilot Goes Native, Bets On LA, US Market

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The sale netted the company $20M, which it will use to fund its U.S. Moviepilot set up shop in LA in 2012 , due to the entertainment industry''s base here. The move puts the company''s focused squarely on its Los Angeles operations. Moviepilot is venture backed by T-Venture, Grazia Equity, IBB Beteiligungsgesellschaft, and angels.

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THQ Seeks Buyer As Sales Slip

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The announcement came as the firm announced net sales of $107.4M for the three months ended September 30, 2012, down significantly from the similar quarter last year, when it had $146.0M The firm also reported a net loss of $21.0M. in revenues.

THQ
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Western Digital Reports Record Results

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billion, and net income of $1.6 billion for its fiscal 2012. billion and $726 million in net income. Irvine-based disk drive maker Western Digital reported its annual results last night, saying that it had record revenues of $12.5 The publicly held company said that compares to a fiscal 2011 revenue of $9.5

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WD Reports Progress On Flood Recovery

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the maker of disk drives, has given an update on its operations, saying last night that it now believes it will restore its manufacturing capacity to pre-flood capability by the quarter ending September 2012. billion and net income of $145M for its Q2, down from $2.5 billion and net income of $225M fro the similar quarter a year ago.

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Broadcom Wins Permanent Injunction Against Emulex

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Emulex said it is redesigning those products, which it says represent five percent of its net revenues. Emulex also says it estimates $600,000 in liability for damages to Broadcom in its third quarter 2012 results. READ MORE>>.