Stock offering nets $780,000 for Irvine Sensors...

Stock offering nets $780,000 for Irvine Sensors Corp.

Irvine Sensors Corp., a Costa Mesa semiconductor producer, said

Monday that a private stock offering netted $780,000 in income for

the company.

During the offering, the company sold packages that included two

shares of common stock and a warrant to purchase one common share for

$2 in three years. Those packages sold for $2.20 a piece.

A limited number of accredited investors were allowed to

participate in the offering. Shares of the company’s stock fell 4.55%

Friday to $1.26.

FileNet opens wallet to buy Canadian software firm

Costa Mesa software provider FileNet Corp. announced Wednesday

that it was acquiring Canadian software firm Shana Corp. for

approximately $8.5 million.

FileNet said it would acquire all of the company’s outstanding

shares of stock in a cash transaction.

Privately held software manufacturer Shana, based in Edmonton,

Canada, specializes in programs that provide specialized forms. Shana

was an innovator in producing so-called “e-forms” software. Its

customers include NASA, General Electric and Boeing.

FileNet and Shana have been marketing an integrated “e-forms”

product for the past year through a partnership agreement. FileNet

offers Enterprise Content Management and other programs to help

companies manage the flow of information and content.

Shares of FileNet fell 3.61% Friday to close at $10.41.