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Connect3 Acquisition Completes

socalTECH

Cerritos-based Connect3 , a developer of advertising, merchandising, and promotions software, is now officially part of DemandTec, a Bay area firm that develops promotional planning software. DemandTec originally announced the acquisition in January. Financial terms of the deal were not disclosed. READ MORE>>.

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Calnetix Buys Vycon

socalTECH

Cerritos-based Calnetix Technologies said this morning that it has acquired VYCON , the developer off flywheel-based energy storage systems. Calnetix--which develops and manufactures high-speed permanent magnet motor generators, power electronics and magnetic bearings--said Vycon will become a wholly owned subsidiary of the company.

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Direct Drive Systems Acquired for $120M

socalTECH

Cerritos-based Direct Drive Systems , a developer of high speed motors for the oil and gas industry, has been acquired by Houston-based FMC Technologies, FMC said earlier this week. Tags: direct drive systems merger acquisition motors. Direct Drive is a spinout of Calnetix.

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Connect3 Systems Acquired By DemandTec

socalTECH

Cerritos-based Connect3 Systems, a developer of advertising, merchandising, and promotions software, has been acquired by San Carlos-based DemandTec, DemandTec said Monday. Tags: demandtec merger acquisition software connect3.

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