Avid releases Face Robot
Los
Angeles-based Avid Technology, Inc. said its Softimage subsidiary
released Softimage Face Robot, a software application dedicated to the
creation of believable facial animation for high-end film, post and
games productions.
Face Robot is designed for studios faced with
high-quality or high-volume facial animation requirements.
Artemis sold to Texas company
Austin,
Texas-based Trilogy Inc. subsidiary Versata Inc. agreed to buy Newport
Beach-based Artemis International Solutions Corp. in a deal valued at
$27 million.
Artemis International is a provider of investment
planning and control software.
Once the purchase is completed,
Artemis will become part of Trilogy's Versata group, a provider of
business rules, configuration and pricing management
software.
Joseph Liemandt, chairman, president and CEO of Trilogy,
is a board member of Artemis.
Versata provides software for
automating and simplifying the building, maintenance and ongoing
development of large, complex, data-intensive enterprise
software.
Trilogy produces software for sales and purchasing
management.
Globat upgrades Web hosting
packages
Los Angeles-based Globat.com announced updates and
upgrades to all of its Web hosting packages, including a one-year
money-back guarantee, free blogging software, and "forever free" domain
names for all new customers.
Globat.com's entry-level hosting
package now offers 25GB of Web space (previously 10GB) and can be used
to host up to 25 domain names (previously six). The higher packages
offer 50GB (for up to 35 domains) and 75GB (for up to 50 domains) of Web
space respectively (previously 15 and 20GB).
Broadband
growth not offsetting wireline declines
While growth in
broadband wireline revenues remains robust in the United States, it is
not enough to overcome steady losses in consumer wireline voice
revenues, reports In-Stat. As a result, wireline service revenues in the
United States will decline by 3.3 percent annually, on average, from
2004 to 2009, the high-tech market research firm says.
In-Stat
found that traditional data services, including frame relay, private
line and ATM are sinking as businesses increasingly seek lower-cost
Internet solutions. The study also showed that DSL and cable modem
growth is strong, but bundling strategies are pressuring revenue
margins, and that business voice services are also experiencing revenue
declines, but significantly less than those of consumers.
Classmates Online buys Opobox
Classmates
Online Inc. has bought Opobox Inc., the operator of the networking
service The Names Database in a $10 million cash deal.
The Names
Database has about 20 million members, with about 50,000 paid
subscribers. The company is expected to generate less than $1 million in
revenue in 2006.
The majority of users of the Names Database are
from outside of the United States.
Classmates Online Inc. is a
subsidiary of Woodland Hills' United Online, a provider of consumer
Internet subscription services through a number of brands, including
NetZero, NetZero Voice and Juno.
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