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TouchCommerce Wins Virgin Mobile France

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Agoura Hills-based TouchCommerce , a provider of online chat and sales conversion services for e-commerce retailers, reports today that Virgin Mobile France has implemented the firm's live assistance solution. Size of the win was not announced. The firm is headed by Bernard Louvat. READ MORE>>.

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THQ Files For Bankruptcy

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Agoura Hills-based vidoegame maker THQ has filed for Chapter 11 bankruptcy, and is now seeking a buyer, according to the company Wednesday. THQ said that it has entered into an asset purchase agreement with affiliate of Clearlake Capital Group, L.P.

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THQ Chopped Into Tiny Pieces, Scattered To The Winds

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Bankrupt Agoura Hills-based videogame publisher THQ has been chopped up into pieces, and scattered to the winds, after an auction sale of the firm's assets Wednesday. THQ had hoped to sell THQ to Clearlake Capital or another buyer, but apparently found that the separately sold assets would net more than a single buyer.

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Aligned TeleHealth Gets Angel Funding

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Agoura Hills-based Aligned TeleHealth , a provider of telemedicine services and technology, said today that it has raised a round of private financing from two individuals. lifescience capital venture telemedicine overseas remote consulting health physician outsourcing telehealth aligned' Size of the funding was not announced.

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Internet Machines Sues Best Buy, EMC, Fusion-IO, Others

socalTECH

The firm which owns the patents of defunct PCI Express switching chip firm Internet Machines , which was based in Agoura Hills, has filed suit against a long list of defendants claiming patent infringement. The Texas Eastern District Court is a favorite for patent lawsuits.

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THQ Gains Credit Facility

socalTECH

Agoura Hills-based videogame maker THQ today said it has entered into a new credit facility with Wells Fargo Capital Finance, worth up to $50M for working capital, plus increases to $75M during peak sales periods. The credit facility replaces an earlier facility it had with Bank of America. READ MORE>>.

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TouchCommerce Expands Exec Team

socalTECH

Agoura Hills-based >A href="[link] , a provider of online sales and sales conversion products and services, said today that it has appointed three in a major executive expansion. Kirpalani is based in Paris, and was most recently Director of International Sales for Bazaarvoice. TouchCommerce is headed by Bernard Louvat. READ MORE>>.