| ============================================ BAY AREA TECH WIRE -- May 21, 2012 ============================================ To Subscribe: www.bayareatechwire.com o Sunnyvale-Based Yahoo Reaches Complex Deal to Sell Alibaba Stake o Mountain View-Based AnchorFree Lands $52 Million in Third Round o Alameda-Based BioTime Completes Deal for XenneX o Daly City-Based Genesys Names Chief Operating and Financial Officer o PneumRx Acquires Patents, Domain Names from Broncus Technologies o Briefly Noted: Left Brain DGA, Riverbed Technology _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Face-to-Face PR: How to Increase Your Organization's Visibility --Executive Briefing - Product Portfolio Briefing --Marketing Events Coordinator --Senior Manager, eCommerce – Redwood City, CA --Account Manager --Sr. Financial Analyst --Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers Ad Descriptions Below Briefly Noted Section Post Job/Event/Marketplace ad: http://www.bayareatechwire.com _____________________________________________ o Sunnyvale-Based Yahoo Reaches Complex Deal to Sell Alibaba Stake Sunnyvale, Calif. -- Following months of negotiations, Sunnyvale-based Yahoo said it has reached a deal to sell half its stake in Alibaba Group back to the Chinese e-commerece company for $7.1 billion. Under the complex agreement, Yahoo would receive $6.3 billion in cash and up to another $800 million in stock for a 20% stake in Alibaba, which would be valued at approximately $35 billion. Yahoo also would be able to eventually sell another quarter of its stake through an eventual initial public offering (IPO), and the remainder at a future point in time. "Today's agreement provides clarity for our shareholders on a substantial component of Yahoo's value and reaffirms the significance of our relationship with Alibaba," said Ross Levinsohn, Yahoo's interim CEO. The deal follows a tumultuous period for Yahoo, which earlier this month installed Levinsohn following the resignation of CEO Scott Thompson, who had been under fire for allegedly misrepresenting his academic credentials. http://www.alibaba.com/ http://pressroom.yahoo.net/pr/ycorp/234207.aspx _____________________________________________ o Mountain View-Based AnchorFree Lands $52 Million in Third Round Mountain View, Calif. -- AnchorFree, a Mountain View-based developer of tools designed to secure mobile browsing sessions, block malware and protect user privacy, said on Monday it has raised $52 million in its third round of funding, led by Goldman Sachs. The company, which now has raised $63 million since its inception, said it will use the funds to market its core Hotspot Shield applications worldwide. The company said the technology secures a user's browsing by channeling all web activities through a personal Virtual Private Network (VPN). AnchorFree, which also has offices in Switzerland, was founded by David Gorodyansky (CEO), Eugene Malobrodsky (CTO) and Peter Hoag (executive vice president of finance and administration). http://anchorfree.com _____________________________________________ o Alameda-Based BioTime Completes Deal for XenneX Alameda, Calif. -- BioTime, an Alameda-based biotechnology firm focused on regenerative medicine and blood plasma volume expanders, said on Monday it has completed its acquisition of Massachusetts-based XenneX, a provider of services and tools designed to enhance bio-medical research. The deal, technically a merger of XenneX into BioTime-unit LifeMap Sciences, was first announced in April. Through the agreement, XenneX stockholders received approximately 1.4 million shares of LifeMap -- a 13% stake in that company -- as well as 450,000 shares of BioTime. XenneX holds the exclusive, worldwide licenses to market GeneCards and PanDaTox. GeneCards is a searchable database of human genes, while PanDaTox is a searchable, database used to identify genes and intergenic regions. "The need for the LifeMap database is a reflection of the growth of the field of regenerative medicine," said Michael West, BioTime's CEO. http://www.biotimeinc.com/ http://www.lifemapsc.com/ http://phx.corporate-ir.net/phoenix.zhtml?c=83805&p=irol-newsArticle&ID=1697986&highlight= _____________________________________________ o Daly City-Based Genesys Names Chief Operating and Financial Officer Daly City, Calif. -- Genesys, a Daly City-based provider of customer service and contact center software and services, on Monday named James Budge as its chief operating and financial officer. Budge most recently served as the COO and CFO of Rovi, helping guide that company through 12 acquisitions while raising significant capital for growth and expansion. He also has been the CFO of Trados and Sendmail. Backed by Permira funds and Technology Crossover Ventures, Genesys became a standalone company earlier this year. http://www.genesyslab.com http://www.genesyslab.com/?dept=PressRelease&page=JamesBudge _____________________________________________ o PneumRx Acquires Patents, Domain Names from Broncus Technologies Mountain View, Calif. -- PneumRx, a Mountain View-based medical device company focused on the treatment of lung disease, said on Monday it has acquired key patents and domain names from Mountain View-based Broncus Technologies. Financial terms of the deal were not disclosed. As a result of the acquisition, PneumRx now owns domain names such as emphysema.com, as well as several foundational patents in the emphysema/interventional pulmonology space. The company currently manufactures the RePneu LVRC System, a minimally invasive device intended to improve lung function in emphysema patients. http://www.pneumrx.com http://www.marketwatch.com/story/pneumrx-inc-acquires-key-assets-from-broncus-2012-05-21 _____________________________________________ o Briefly Noted: (Redwood City, Calif.) Redwood City-based Left Brain DGA, a provider of technology services designed to help marketing organizations develop and grow demand generation programs, on Monday named Stephanie Hooper as its chief customer officer. Most recently, Hooper was founder of her own consulting firm, MarCom PDX. She has also served as the CMO of FlyMedia, parent company of ForkFly.com. http://www.leftbraindga.com/about/news/left-brain-dga-continues-explosive-growth-with-addition-of-marketing-veteran-stephanie-hooper-as-chief-customer-officer/ (San Francisco) San Francisco-based Riverbed Technology, a developer of hardware, software and virtualized tools designed to improve IT performance, said on Monday that its board has approved a $150 million increase in its share repurchase program, originally announced last August. The company is now authorized to buy back $300 million in shares. http://www.riverbed.com http://www.businesswire.com/news/home/20120521005288/en/Riverbed-Doubles-Stock-Repurchase-Program =================================================== Job/Event/Marketplace Listings: =================================================== To Post in Job/Event/Marketplace: http://www.bayareatechwire.com 6000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300 > Face-to-Face PR: How to Increase Your Organization's Visibility Between regular meetings, phone calls and emails, you may often wonder how you can fit another task into your workday. However, you also often wonder if you are doing everything you can to maximize your organization’s potential and opportunity for growth. In this article, Robert Deigh shows that it may be easier than you think to increase your company’s exposure. By making “face-to-face networking” a habit, and doing so effectively and efficiently, you will have the opportunity to harness new ideas, build solid contacts and prospects, and ultimately grow your organization’s visibility and business. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > Executive Briefing -- Product Portfolio Management It's a fact! As your product portfolio grows, the market impact of your organization can quickly become diluted because traditional product management practices focus on improving the performance of each product. Executives and Senior Managers are invited to attend an Executive Briefing to learn how a Product Portfolio Management model improves your market value by uncovering and solving bigger problems beyond the limits of individual products. Business practices for evaluating markets, analyzing competitors, formulating strategies, developing requirements and executing product plans take aim at a completely different target - the performance of your company in key markets - and offers greater strategic value to your organization. Attend in 13 cities in April, May and June. $199 per person. http://www.proficientz.com/portfolio-mgmt-executive-briefing.html ____________________________________________ > Marketing Events Coordinator Coblentz, Patch, Duffy & Bass LLP, a mid-size law firm is currently seeking a Marketing Events Coordinator with 3+ years of marketing events experience in a corporate environment to provide administrative support to the Marketing Department. This position reports directly to the Marketing Manager to plan, coordinate and manage all aspects of client seminars and receptions, sponsorship events, Firm events and retreats, and other special events. Candidate must have a Bachelor's degree and the ability to communicate clearly and effectively in one-on-one and small group settings with business partners and outside vendors. Additionally, candidate must be a self-starter, detail oriented, have the ability to organize and prioritize a number of tasks and complete them under time constraints. Strong computer, backend web development, HTML and graphics skills are required. Experience with Adobe Photoshop, Illustrator, and InDesign is preferred. Salary: DOE. Please include your salary requirement. Submit your resume and cover letter to the following link (or copy and paste the link to your web browser) https://home.eease.com/recruit/?id=1185751 ____________________________________________ > Senior Manager, eCommerce -- Redwood City, CA The Sr. Manager of eCommerce will provide leadership on key eCommerce initiatives within Shutterfly.com to continuously improve our customer shopping experience. Reporting to the Sr Director of eCommerce, this seasoned eCommerce professional will use site analytics to drive informed business recommendations, develop site tests aimed at optimizing business goals and serve as the business lead for selected eCommerce projects. This role is focused on driving a compelling and frictionless eCommerce experience for our customers. It is perfect for someone who is interested in using his/her business acumen, eCommerce expertise, and analytic skills to drive exceptional short- and long-term business results. Apply online at: http://www.shutterfly.com/about/positions.jsp?jvi=oW3aWfwP ____________________________________________ > Account Manager Come join PaperG, just named one of the Forbes' 100 Most Promising Companies in America, as we reinvent modern advertising. A PaperG Account Manager works as a key member of the Accounts team, where they will support PaperG's media company partners and help them thrive using PaperG's technology. Qualifications: College degree. A friendly and engaging personality - a must!. Excellent computer and Internet knowledge. High energy level. Resourceful, well organized, highly dependable, efficient and detail oriented. Knowledge of online advertising industry a strong plus. Send your resume to careers@paperg.com In your email or cover letter, let us know why PaperG interests you. ____________________________________________ > Sr. Financial Analyst Veracyte is a molecular diagnostics company that is pioneering the emerging field of molecular cytology. Our Finance team seeks an individual who will report to the CFO, with the ability to develop and maintain long-range financial models for the company's strategic plan, produce product revenue projections and forecasts and prepare financial analyses. They will also be able to analyze trends, manage components of the operating plan process, participate in the valuation of potential business development opportunities, and collaborate with R&D, Commercial and Operations functions. The ability to thrive in a fast-paced, challenging and highly diverse team environment is critical. To be a successful candidate you will have at least 4 years of finance/accounting experience, with a proven track record of incorporating applications of accounting principles, financial reporting, and cash management, and be an expert in Excel. It's important that you have experience in life sciences and knowledge/experience with Microsoft GP is a plus, as is an MBA. We would like you to share our commitment to teamwork and collaboration and be excited by the challenges of applying your expertise to an important, emerging area in diagnostics. To apply, please send your resume to jobs@veracyte.com For additional information, see our website www.veracyte.com ____________________________________________ Bay Area Tech Wire has over 6,000 subscribers who rely on it for their daily briefing of local technology news. Bay Area Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. For more info, go to: http://www.bayareatechwire.com =================================================== Subscribe to other newsletters from Tech Wire Media Group: Potomac Tech Wire: http://www.potomactechwire.com Bay Area Tech Wire: http://www.bayareatechwire.com New England Tech Wire: http://www.newenglandtechwire.com Digital Media Wire: http://www.digitalmediawire.com Advertising: If you are interested in advertising in our newsletters, call Parul Nath at 1-301-656-0057 xt 1102 or send email to parul@techwiremedia.com News tips, press releases. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: 325 Pennsylvania Ave. SE Suite 250 Washington, DC 20003 Copyright: CapWire Inc. 2012 |
To unsubscribe/change profile: click here
To subscribe: click here
No comments:
Post a Comment