Microvision names new president
Steve
Wiley, president of Microvision Inc. for the past three years, has been
reassigned to lead the company's consumer products division.
He
will be replaced as president of the developer of high-resolution
displays and imaging systems by Alexander Tokman, who comes to
Bothell-based Microvision GE Healthcare. Tokman also was named chief
operating officer.
Tokman's responsibilities include oversight of
research and product development, manufacturing, and sales and
marketing. Wiley will serve as president of the company's consumer
division, focusing on developing displays for consumer electronics.
PopCap and Sprout plan merger
PopCap Games has
reached an agreement to buy fellow Seattle computer and video game
developer Sprout Games.
Among Seattle-based PopCap's downloadable
titles are "Bejeweled," "Zuma" and "Bookworm." Sprout publishes "Feeding
Frenzy," "Pizza Frenzy" and "Iggle Pop!"
When the deal closes,
Sprout's employees will be relocated to PopCaps headquarters, where the
two operations will work on new games, as well as follow-ups to previous
hits. James Gwertzman, managing director of Sprout Games, will become
director of business development for PopCap.
Hagel expands
into Oregon and Idaho
Tacoma-based Hagel & Co., a human
resources technology reseller, has purchased a list of 150 customers
that use the Abra Suite HRMS software suite from Trillium Software Inc.
in Portland.
Hagel said in an announcement that the Abra Suite
helps mid-sized companies manage human resources and payroll, and has
more than 18,000 installations in North America.
The purchase
gives Hagel more than 400 Abra customers and results in Hagel expanding
its practice to Oregon and Idaho. The company opened offices in Portland
and Boise to support the new customer base, according to the
announcement.
Cray cuts 90 jobs
Troubled
supercomputer maker Cray Inc. said it is laying off 90 people, about 10
percent of its employees. The layoffs are primarily in operations, sales
and marketing, and more layoffs are possible in the future.
The
Seattle-based company is also requiring temporary salary reductions for
all staff in the United States paid more than $50,000 annually. Pay cuts
are voluntary for staff at international sites, Cray said. The pay
reductions began July 1 and continue no later than Dec. 31, the company
said.
The work force reductions will save about $5.5 million
annually, while the salary and benefit reductions will save about $2.5
million during the 2005 second half, the company said.
eProject gains venture capital
A Seattle online
software company that helps medium-sized businesses manage internal
projects has gained $8 million in venture capital to bolster sales and
marketing.
eProject Inc. has 47 employees and expects that number
to grow to 75 by the end of the year.
EProject said the company
has raised slightly more than $16 million since inception.
Appian Graphics acquired
Redmond-based Appian
Graphics Corp., a maker of computer graphics cards and software for use
in multiple-monitor systems, has been acquired by Colorgraphic
Communications Corp., a competitor based in Atlanta. Terms of the deal
were not disclosed.
Colorgraphic said in an announcement that the
merger widens the number of products it can offer customers.
Ecuity names new top officer
Ecuity Inc., a
Bellevue-based VoIP communications company, has hired Andrew Buffmire as
president and chief executive officer, according to a press release.
Buffmire comes to Ecuity from Advanced Logic Systems Inc., a New
Jersey company providing voice, video and data systems for homeland
security to various federal and state agencies.
His experience
also includes vice president of business development for UbiquiTel Inc.,
and as director of business development for Sprint PCS.
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