News

DivX Merges with NeuLion

Transaction Creates Online Video Powerhouse Perfectly Positioned to Take Full Advantage of Accelerating Adoption of 4K Video and OTT Services; NeuLion to Strengthen Management Team; Globalizes NeuLion’s Reach PLAINVIEW, NY – Jan. 5, 2015: NeuLion, Inc. (TSX: NLN), the leading enabler and provider of live and on-demand content to Internet-connected devices, has...

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...

Global Trust and Identity Solutions Leader IdenTrust Aquired by Parallax Capital Partners

LAGUNA HILLS, CA – Sept. 25, 2013: Parallax Capital Partners (Parallax) a Southern California based software focused private equity firm and StepStone Group LP, a global private equity firm are pleased to announce they have acquired a majority holding in IdenTrust, Inc. (IdenTrust), a leader in global trust and identity solutions....

IT Security Leader FoxT Acquired By Parallax Capital Partners

LAGUNA HILLS, CA – June. 10, 2013: Parallax Capital Partners, LLC (Parallax), a southern California-based software focused private equity firm, today announced it has acquired Fox Technologies Inc. (FoxT), the industry leader in access management and governance software. FoxTs access management and governance products enable organizations to proactively administer, enforce and...

Daptiv Positioned as a Leader in Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services

SEATTLE, WA – May 29, 2013: Daptiv, the on-demand leader in project portfolio management software, today announced that it has been positioned by Gartner, Inc. in the “Leaders” quadrant of the “Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.” This Gartner Magic Quadrant “offers an in-depth analysis of the competitive...

Daptiv Achieves 42% YoY Increase in New Business Bookings to Date Fueled by Strong Demand for SaaS-based PPM Solutions

SEATTLE, WA – July 11, 2012: Daptiv, the on-demand leader in project portfolio management software, today announced that new customer bookings for the first half of 2012 were up 42 percent compared to the same period last year, and to meet growing demand Daptiv is actively recruiting for positions in software development,...