Archives: 2014

Parallax Becomes Majority Investor in Bunchball

REDWOOD CITY, CA – Nov. 25, 2014: With some analysts predicting the global gamification industry will surpass $5.5B by 2018, Bunchball, the pioneer and market leader in gamification, today announced that Parallax Capital Fund is now a majority investor and has made two key appointments to its executive team. John Baldwin...

Parallax Capital Partners Sells Daptiv to Changepoint

LAGUNA HILLS, CA – Aug. 21, 2014: Parallax Capital Partners, LLC (“Parallax”) announced the sale of Seattle based Daptiv Solutions, LLC to Toronto based Changepoint Corporation (Changepoint) on August 20, 2014. Daptiv is a leading vendor of advanced Project Portfolio Management (PPM) enterprise software that improves the way corporations align strategies,...

Parallax Capital Partners and StepStone Group to Acquire DivX

SAN DIEGO, CA – Mar 31, 2014: Parallax Capital Partners (“Parallax”) and StepStone Group announced today they have signed a definitive agreement to acquire DivX LLC and its subsidiaries, including the MainConcept entities, from Rovi Corporation for $75 million in a combination of cash and additional deferred contingent payments. San Diego...

HID Global Acquires Identrust

AUSTIN, TX – Jan. 22, 2014: HID Global®, a worldwide leader in secure identity solutions, today announced it has acquired IdenTrust, Inc. (IdenTrust®), a leading provider of solutions for globally interoperable digital identities that can authenticate, encrypt, and create electronic signatures for every type of transaction or activity where proof of...