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Accruent Acquired By Genstar Capital

socalTECH

Accruent , the developer of real estate, facilities, and asset management software which was founded by Mark Friendman, has been acquired by private equity investor Genstar Capital. Financial terms of the acquisition were not disclosed.

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Can your employees recruit from a customer or supplier?

Berkonomics

You should be clear from the start that no one at your company may offer a job to any current employee of a stakeholder – a customer, a partner in development or in distribution, or of a supplier. State your policy clearly. My story of an employee over the line.

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Nexiant Plans Major Upgrade

socalTECH

Lake Forest-based Nexiant , the developer of software-as-a-service for materials management (MRO), said this morning that it is planning a major software release. Nexiant is venture backed by The Argentum Group, InnoCal Venture Capital, Inverness Graham Investments and Mission Ventures. READ MORE>>.

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Mojix Wins Lufthansa

socalTECH

Los Angeles-based Mojix , a developer of RFID technology, has scored a win with Lofthansa Cargo, Lufthansa's cargo business. According to Lufthansa and Mojix, they have completed a pilot deployment of the MOJIX STAR passitve RTLS system, in Frankfurt, Germany. Financial impact of the win was not announced. READ MORE>>.

Innocal 145
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Mojix Names CTO

socalTECH

Los Angeles-based Mojix , a developer of RFID technology, said today that it has promoted Dr. Christopher R. Mojix is venture backed by Oak Investment Partners, Red Rock Ventures and InnoCal Venture Capital. Jones as its new Chief Technology Officer. Jones also served at Broadcom. READ MORE>>.

Innocal 140
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Mojix Names Services VP

socalTECH

Los Angeles-based Mojix , which develops RFID technology based on research out of JPL/NASA, said Monday afternoon that the firm has named Samuel Levy as Sr. Mojix is venture backed by Oak Investment Partners, Red Rock Ventures and InnoCal Venture Capital. Vice President, Global Professional Services.

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Mojix In Japanese Distribution Deal With IBM Japan

socalTECH

Los Angeles-based Mojix , a developer of RFID readers, reported earlier this week that it has inked a distribution agreement with IBM in Japan. Mojix, which is headed by Ramin Sadr, has developed RFID technology based on technology and techniques originally honed at JPL/NASA for deep space communications. READ MORE>>.

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