By Nuala Moran BioWorld Today Correspondent LONDON – BioVex Group Inc is to be acquired by Amgen Inc. in a cash sale that values the University College London spinout at up to $1 billion. There will be $425 million up… Read More
By Jason Hiner TechRepublic Takeaway: As cloud apps get more mature and mission critical, it’s important to arrange a reliable backup. Backupify has been offering just that, and now it includes one-click restore as well. Backupify — the company that… Read More
By Timothy Hay The Wall Street Journal Avalon Ventures prides itself on making successful bets in diverse areas that other investors overlook.
By Rob Waters Bloomburg Amgen Inc.’s purchase of Biovex, the maker of an experimental cancer vaccine, for as much as $1 billion may signal more deals that aim to push the biotechnology company deeper into tumor treatment.
By Rob Waters Bloomberg Amgen Inc., the world’s largest biotechnology company, said it agreed to buy Biovex, a closely held maker of experimental cancer drugs for $425 million plus as much as $575 million in milestone payments.
By Jeff Byrne and Jeff Boles, Taneja Group INFOSTOR Have you experienced an unplanned outage lately? Based on our conversations with IT administrators, there’s at least a 25% chance you have. Those that have experienced an outage recently may no… Read More
by Leena Rao TechCrunch Backupify, a cloud computing service that backs up data on other cloud computing services, has just released a “year in review” announcement that includes staggering data on the amount of content saved through the platform.
Standing Cloud, a U.S.-based online application management company, and Tagadab, a U.K.-based Internet hosting company, have announced a partnership to give users in the U.K. a vastly simplified way of deploying cloud-hosted applications.
By Bruce V. Bigelow XCONOMY – When Avalon Ventures began fund-raising for its ninth venture fund back in May, the San Diego VC firm said it was targeting $150 million. Today Avalon plans to announce that it has closed capital commitments of… Read More
The pressure to create a cloud presence will only become stronger in 2011. What IT needs to know to be prepared. By Nicos Vekiarides, CEO, TwinStrata
SAN DIEGO, CA – AnaptysBio, Inc., a privately-held therapeutic antibody platform and product company, announced today the successful completion of an optimization project for Merck as part of an agreement for the delivery of candidate antibodies for therapeutic use.
By Robin Wauters TechCrunch – Zynga launched CityVille on Facebook just over a month ago, and according to the application page there are now over 84,222,766 users actively playing the game.
By Susan J. Campbell TMCnet Contributing Editor With the rapid proliferation of cloud computing throughout the global marketplace, it would stand to reason that a company developing solutions to make it easy to deploy and run apps in the cloud would… Read More
by David Kaplan paidContent.org After making several content buys the past few months, AOL (NYSE: AOL) is approaching the end of the year with an acquisition for the advertising side of its business. Its latest purchase is Pictela, a high-def display… Read More
Cloudkick’s world class tools will combine with Rackspace’s Fanatical Support to further the benefits of cloud computing SAN ANTONIO – December 16, 2010 – Rackspace® Hosting, the world’s leading specialist in the hosting and cloud computing industry, today announced its… Read More
New York, NY High-Definition Brand Content Platform Boosts AOL’s Innovative Advertising Offering Additionally, AOL Accelerates Rollout of Project Devil Ads Across AOL Media Properties: Intends to Enable Format Across All AOL Media by End of March AOL Inc. [NYSE: AOL]… Read More
By David F. Carr Forbes.com Yes, I clicked the delete button. Yes, I regret it now. Yes, I belatedly realized why the Backupify service makes sense. At first it seems an odd business model. Backupify is a cloud service that backs… Read More
Source: Bruce V. Bigelow, Xconomy.com A San Diego biopharmaceutical startup, formed just five months ago to resume development of a compound for treating age-related macular degeneration, has reported encouraging results from a two-year, mid-stage clinical trial of the compound, known… Read More
Source: AdExchanger.com Greg Rogers is CEO of Pictela, a brand content distribution platform.
Source: Business Wire 4G Carriers Deploying High Capacity Networks to Support Bandwidth-Hungry Smartphones and Internet Users