Bay Area Tech Wire -- May 23

============================================ BAY AREA TECH WIRE -- May 23, 2012 ============================================ To Subscribe: www.bayareatechwire.com o Cupertino-Based Seagate to Acquire Controlling Stake in LaCie o Kony Solutions Raises $15 Million in Third Round of Funding o San Francisco-Based Livevol Raises New Funding o Report: San Francisco Commuters Wasted 48 Hours in Traffic Last Year o Obama Orders Federal Agencies to Make Key Services Wireless o Briefly Noted: Gigamon, Tria Beauty - IPO _____________________________________________ > 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 Cupertino-Based Seagate to Acquire Controlling Stake in LaCie Cupertino, Calif. -- Seagate Technology, a Cupertino-based maker of hard disk drives and storage products, said on Wednesday it will acquire a controlling interest in France-based LaCie, a manufacturer of consumer storage devices. Under the deal, which values LaCie at $186 million, Seagate will acquire a 64.5% stake in the company from Philippe Spruch, its chairman and CEO, and his affiliate. Once that transaction closes, Seagate would then launch a tender offer for the remaining shares. Spruch would join Seagate and lead the company's consumer storage products business. "This transaction would bring a highly complementary set of capabilities to Seagate, significantly expand our consumer product offerings, add a premium-branded direct-attached storage line, strengthen our network-attached storage business line and enhance our capabilities in software development," said Steve Luczo, Seagate's chairman, president and CEO. http://www.seagate.com  http://www.lacie.com  http://www.seagate.com/about/newsroom/press-releases/lacie-announcement-seagate-master-pr/  _____________________________________________ o Kony Solutions Raises $15 Million in Third Round of Funding San Mateo, Calif. -- Kony Solutions, the Florida-based creator of a mobile app development platform, with West Coast operations in San Mateo, said on Wednesday it has landed $15 million in its third round of funding, led by Insight Venture Partners. The company said it will use the proceeds to fuel operations growth, sales and marketing programs and regional expansion. The news follows a year in which the company grew bookings by more than 200% and added more than 30 major customers, including Aetna, CIBC, Scottrade and Sun Life Financial. "This funding will help us continue managing the incredible growth we’re seeing in our business," said CEO Raj Koneru. http://www.kony.com http://www.kony.com/kony-solutions-completes-successful-year-accelerated-growth-announces-series-c-funding  _____________________________________________ o San Francisco-Based Livevol Raises New Funding San Francisco -- Livevol, a San Francisco-based provider of real-time data to professional and retail equity and index option traders, said on Wednesday it has raised an unspecified amount of private funding. Ron Chez, the co-chairman of Merriman Capital, served as lead institutional investor, and will join Livevol's board of directors. The company plans to use the proceeds to expand its data, analytics and brokerage services. "The investment… provides Livevol with a strong financial base and a strategic partner as we further grow our platform to become the premier technology provider for equity and options trading," said Stefen Choy, the co-founder and COO of Livevol. http://www.livevolsecurities.com http://www.merrimanco.com/ _____________________________________________ o Report: San Francisco Commuters Wasted 48 Hours in Traffic Last Year Kirkland, Wash. -- San Francisco commuters on average wasted 48 hours in traffic last year, the third highest figure in the U.S., according to a new report from Inrix. Honolulu (58 hours) tops the list, followed by Los Angeles. All told, 70 of the nation's 100 most populated cities showed decreases in traffic congestion last year -- a trend Inrix attributes to a lack of employment combined with high fuel prices. The report also cited an 11-mile stretch of the CA-4 EB (California Delta Highway) from Bailey Rd. to Somersville Rd. as the country's 10th worst traffic corridor. The stretch takes 16 minutes on average to travel, with 11 minutes of delay. http://www.inrix.com/pressrelease.asp?ID=156  _____________________________________________ o Obama Orders Federal Agencies to Make Key Services Wireless Washington, DC -- Looking to accelerate the government's shift to mobile technology, President Obama on Wednesday issued a directive requiring each federal agency to make two key government services available on mobile phones within the next 12 months. The administration said it also will ramp up efforts to make large amounts of government data more accessible to the public, with the hope of spurring entrepreneurs to develop a range of new services and mobile apps. "Americans deserve a government that works for them anytime, anywhere, and on any device," said Obama. The White House said the goal of the program is to make dozens of additional government services accessible through mobile phones by next spring. "We're living in an increasingly mobile world and it is critical that the federal government keep up with the way the American people do business," said Steven VanRoekel, the federal chief information officer. "Already, families can use government apps to check the wait time at the airport, get access to critical veteran services and check the status of their tax return. Today's directive will accelerate our drive to make key services easily accessible to more Americans than ever." http://www.whitehouse.gov/the-press-office/2012/05/23/obama-administration-launches-sweeping-shift-mobile  _____________________________________________ o Briefly Noted: (Milpitas, Calif.) Milpitas-based Gigamon, a developer of traffic visibility networking technology, on Wednesday named Andrew Miller to its board of directors. Miller, who since 2010 has served as the president and CEO of Polycom, also will serve on the board's audit committee. http://www.gigamon.com  http://www.marketwatch.com/story/gigamon-appoints-andrew-miller-to-board-of-directors-2012-05-23  (Dublin, Calif.) Tria Beauty, a Dublin-based developer of light-based aesthetic medical technologies, said on Wednesday it will postpone its planned initial public offering (IPO) because of "unfavorable market conditions." The company in January filed to raise up to $86.3 million in the IPO, with plans to list its shares under the symbol "TRIA" on the Nasdaq Global Market http://www.triabeauty.com/  http://www.marketwatch.com/story/tria-beauty-postpones-initial-public-offering-2012-05-23  =================================================== 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 ____________________________________________ > Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers 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. 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