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Portland-based Elemental Technologies, the developer of massively parallel video processing technology that its venture backed by Steamboat Ventures, Disney's venture capital arm, as well as General Catalyst, Voyager Capital, and angel investors, said Thursday that it is demonstrating 3D streaming at an upcoming conference. The firm said it is showing off its technology as part of demonstrations with Hewlett Packard and PNY/NVIDIA at the upcoming International Broadcasting Convention. The firm said the demos include a demonstration of its products processing live video streams for 3D display output, eliminating traditional hardware required for the task. Elemental is applying the use of off the shelf, graphical processing units to provide massively parallel trancoding of videos. The firm recently inked a $7.5M funding round for its technology in July.
Actavis has received approval from the U.S. Food & Drug Administration to market Atomoxetine HCl capsules for the treatment of attention deficit/hyperactivity disorder (ADHD).
Apple's newly redesigned, strikingly simple and unnervingly cheap Apple TV is going to be trouble for a lot of other companies in the media center space. Some, like Roku, may have trouble competing at all anymore, and some analysts have put the upcoming Boxee Box in the same category. Boxee, unsurprisingly, disagrees.
Mascoma Corp. has acquired an Ontario-based company whose technology will aid in Mascoma’s commercialization of cellulosic ethanol, the company announced Wednesday.
