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Hixme Adds $14.1M In Funding

socalTECH

Agoura Hills-based Hixme , a startup developing group insurance products for large organizations, has raise $14.1M more in funding, the company announced this morning. The company says it has now raised $26.6M in funding.

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TouchCommerce Expands Win In EMEA With Equinix

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Agoura Hills-based TouchCommerce , the developer of online live chat products aimed at helping e-commerce and other brands, said it has expanded an effort in the EMEA with Equinix. Equinix was already using TouchCommerce''s product in the UK and Netherlands. Financial impact of the expansion were not announced.

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Nomadix Debuts New Wi-Fi Hotspot

socalTECH

Agoura Hills-based Nomadix , the developer of wireless gateways, said Tuesday that it has launched a new product, a all-in-one Wi-Fi hotspot and Internet gateway. The firm announced a patent licensing win with HP back in November of 2012, and in the last year started into more product, versus patent, announcements.

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THQ Sells ValueSoft Division To Cosmi Software

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Agoura-based videogame developer THQ has sold off its value PC software arm, ValueSoft , to Westminster, California-based Cosmi , the firms said this morning. Financial terms of the sale were not disclosed. ValueSoft, which is based in Chaska, Minnesota, distributes value priced PC games. READ MORE>>.

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Nomadix, HP Settle Patent Suit

socalTECH

Agoura Hills-based Nomadix said today that it has settled a patent infringement case it had filed against HP , covering the Nomadix patent portfolio. Nomadix, which develops Internet gateway products, is now owned by DOCOMO interTouch. Financial terms of the settlement were not disclosed.

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THQ To Cut 240 Employees

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Agoura-based THQ said Thursday that it is chopping 240 jobs as part of a "realignment" of its organization, as it exits the kids licensed video game market. THQ said the cuts would save the firm approximately $160M annually between general and administrative costs and product development. READ MORE>>.

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Caldera Medical Gets Grant

socalTECH

Agoura Hills-based Caldera Medical , a developer of medical devices for the gynecology, urology and urogynecology markets, said this week that it has received two grants worth a total of $488,958 from the U.S. Department of the Treasury.