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DATAllegro Acquisition Completes

socalTECH

Microsoft, which announced its acquisition of DATAllegro in July, said that it will retain most of DATAllegro's team and headquarters in Aliso Viejo, and make it a "Center of Excellence" for data warehousing. Financial terms of the acquisition have not been disclosed.

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Continuous Computing Acquired By Radisys

socalTECH

in stock for Harbinger Venture Management , Intel Capital , Palomar Ventures , Saints Capital , Smart Technology Ventures , Technology Crossover Ventures , and Viterbi Group. San Diego-based Continuous Computing , a developer of embedded communications software, has been acquired by RadiSys. READ MORE>>.

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CoreObjects Acquired By Indian Firm

socalTECH

CoreObjects has a deep presence in providing services to Los Angeles startups; the firm has provided its services to such firms as Stamps.com, Xoova, Practice Technologies, and many others, and reportedly has taken warrants and equity stakes in a number of local startups as part of their development deals. READ MORE>>.