1) Wayne Kimmel's SeventySix Capital, of Center City, has sold its stake in gesture-recognition electronics developer Omek Interactive, an Israeli firm that is building the Beckon "full-body tracking" system for use in wireless Video interface, at a price Industry sources have pegged the price at around $40 million. More at:
2) Livewire Mobile Inc., based until now in Littleton, Mass., says it's moving its remaining operations to Radnor and is renaming itself Live Microsystems, after OnMobile Global Limited, of Cambridge in England, agreed to pay $17.8 milllion for Livewire's "end-to-end managed mobile entertainment solutions for network operators and consumer device manufacturers," including its British subsidiary,
Live Microsystems will continue to trade over the counter. Chairman Robert Pons, ceo Matthew Stecker and general counsel Matt Gerritsen will remain with the company, with Stecker taking on the added role of CFO. CFO Todd Donahue has joined OnMobile.