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Kofax Buys Kapow Technologies

socalTECH

Irvine-based Kofax has acquired Kapow Technologies , a provider of data integration software, the firm announced Wednesday. Kofax said the acquisition will help grow its sales organization and accelerate its software revenue growth. Kapow''s investors included Steamboat Ventures and Morgan Stanley, among others.

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Move Networks Confirms It Is Looking For A Buyer, Lays Off Staff

socalTECH

Irvine-based Move Networks , the streaming video technology firm, confirmed Wednesday evening that it is looking for "strategic alternatives", including a possible sale of the firm. Tags: move networks merger acquisition strategic alternative video streaming technology software. READ MORE>>.

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Report: Move Networks Shuts Down, Seeking Sale

socalTECH

Streaming video technology firm Move Networks --which apparently moved to Irvine sometime over the last year from Utah after a management shakeout--is reportedly shutting down, and by some reports is now looking for a buyer. Comcast Interactive Capital, Hummer Winblad Venture Partners, Microsoft Corp., and Steamboat Ventures.

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Move Networks Acquired by Echostar

socalTECH

Move Networks , the venture backed developer of high definition streaming technology for Internet video, has been acquired by Echostar , the firms said Thursday afternoon. Financial terms of the buy were not disclosed.