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Symark Acquires BeyondTrust

socalTECH

Agoura Hills-based Symark International , a provider of IT management software, announced today that it has acquired BeyondTrust, a provider of privilege management solutions for Windows. In addition to the acquisition, Symark said it would rename the combined organization as BeyondTrust. Financial terms of the buy were not disclosed.

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THQ Details Buyers, Numbers After Fire Sale

socalTECH

Troubled Agoura Hills-based videogame maker THQ has officially been broken up into pieces and sold, according to the firm Wednesday evening, after a U.S. Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers.

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THQ Seeks Buyer As Sales Slip

socalTECH

Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market.

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Rumors Swirl Around THQ

socalTECH

Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business.

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DTS Buys Neural Audio, Opens Silicon Valley Offices

socalTECH

Agoura Hills-based DTS has acquired Neural Audio, a firm which develops music playback and creation technology, the firm said Tuesday afternoon. Separately, DTS said it has opened up an R&D facility in Silicon Valley, which the firm said will focus on online, PC, and mobile device markets. DTS said it will pay $7.5M READ MORE>>.