Monday, August 6, 2012

Bay Area Tech Wire -- Aug. 6

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BAY AREA TECH WIRE -- Aug. 6, 2012
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Turner Broadcasting Acquires San Francisco-Based Bleacher Report
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Mountain View-Based Synopsys to Acquire SpringSoft in $406M Deal
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San Jose-Based Cypress Extends Tender Offer for Ramtron International
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San Mateo-Based Acutate to Repurchase Up to $30 Million in Stock
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Global Semiconductor Sales Fall Slightly in June
> BA: Turn Sunshine into Savings -- Go Solar With Your Home or Office
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Briefly Noted: Nile Therapeutics, Picarro, Daegis

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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--3rd Annual Billington Cybersecurity Summit - Sept. 27, 2012 - Wash., DC
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Mid-Atlantic Marketing Summit – Oct. 18, 2012
--BA: Turn Sunshine into Savings -- Go Solar With Your Home or Office
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Drive Sales - Advertise with Tech Wire - Special Summer Rates
--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
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o Turner Broadcasting Acquires San Francisco-Based Bleacher Report

San Francisco -- Following two months of speculation about a possible deal, Time Warner's Turner Broadcasting said on Monday it has acquired San Francisco-based Bleacher Report, a publisher of original sports editorial content that attracts more than 9 million monthly visitors. Financial terms of the deal were not disclosed, though several published reports pegged it at just under $200 million. The deal significantly boosts Turner's presence in the online sports arena. Turner previously had managed the web site of Sports Illustrated, but ended that deal earlier this year with the hopes of launching its own branded sports site. "Bleacher Report is a strategic acquisition that further enhances Turner's portfolio of sports offerings, as well as reflects our continuing commitment to bring fans greater content across all screens throughout the entire year," said David Levy, the president of sales, distribution and sports at Turner Broadcasting. Brian Grey will continue as Bleacher Report's CEO, as well as senior vice president of Turner Sports.
http://bleacherreport.com/
http://www.turner.com 
http://www.timewarner.com/newsroom/press-releases/2012/08/Turner_Broadcasting_System_Inc_Acquires_Bleacher_Report_08-06-2012.php 
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o Mountain View-Based Synopsys to Acquire SpringSoft in $406M Deal

Mountain View, Calif. -- Synopsys, a Mountain View-based provider of software and IP used in the design, verification and manufacture of electronic components and systems, said it will acquire Taiwan-based SpringSoft, a maker of specialized IC design software, in a deal valued at $406 million. Under the agreement, Synopsys launch a cash tender offer to acquire the outstanding shares of SpringSoft for approximately $1.90 a share. The deal, which requires Synopsis to acquire at least a 51% stake, is expected to close in the first quarter of fiscal 2013. "This acquisition will increase Synopsys' investment in Taiwan by growing our local engineering expertise, technology development capabilities and customer support," said Chi-Foon Chan, the president and co-CEO of Synopsys.
http://www.springsoft.com/ 
http://www.synopsys.com 
http://synopsys.mediaroom.com/index.php?s=43&item=1052    
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o San Jose-Based Cypress Extends Tender Offer for Ramtron International

San Jose, Calif. -- Eight weeks after first announcing its intentions to acquire Colorado-based Ramtron International, San Jose-based Cypress Semiconductor, a developer of mixed-signal, programmable chips, on Monday extended its cash tender offer for the company through Aug. 17. Cypress is offering $2.68 a share under the offer, which had been scheduled to expire on Friday. In a letter to Ramtron's board, Cypress President and CEO T.J. Rodgers expressed his frustration that the company hasn't yet provided its stockholders with "a fair opportunity to consider our offer or a transaction that delivers immediate and certain value in excess of what we have offered." He also threatened to pull the offer or "seek out new directors" if the company fails to take action.
http://www.cypress.com/ 
http://www.ramtron.com/ 
http://www.businesswire.com/news/home/20120806005291/en/Cypress-Semiconductor-Extends-Offer-Acquire-Ramtron-International 
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o San Mateo-Based Acutate to Repurchase Up to $30 Million in Stock

San Mateo, Calif. -- Actuate, a San Mateo-based developer of business intelligence tools, said on Monday it will repurchase up to $30 million in company stock. The company said the program does not have an expiration date, with purchases depending on factors such as cash generation from operations, the volume of employee stock plan activity and cash requirements for acquisitions. "This repurchase program still enables us to take advantage of strategic acquisitions… and we will remain focused and opportunistic on this front," said Peter Cittadini, the company's president and CEO. Actuate founded and co-leads the BIRT open source project, which is used by over 1.5 million developers.
http://www.actuate.com 
http://www.businesswire.com/news/home/20120806005297/en/Actuate-Announces-30-Million-Share-Repurchase-Program 
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o Global Semiconductor Sales Fall Slightly in June

Washington, DC -- Worldwide sales of semiconductors reached $24.4 billion in June, a decrease of 0.1% from the prior month, according to new figures from the Semiconductor Industry Association (SIA). The figure marks the smallest month-over-month decrease since Oct. 2011. "The semiconductor industry continues to navigate the turbulent global economy better than most sectors, but macroeconomic uncertainties are limiting overall recovery and growth," said Brian Toohey, president and CEO of the SIA. "The Japan and Asia Pacific sequential increases are encouraging signs, but are tempered by continued weakness in Europe and the Americas."
http://www.sia-online.org/news/2012/08/03/news-2012/global-semiconductor-sales-remain-steady-in-june/ 
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o Briefly Noted:


(San Mateo, Calif.) San Mateo-based biopharmaceutical firm Nile Therapeutics, a developer of therapeutics for heart failure patients, said it has promoted Darlene Horton to president and CEO. Horton had served as the company's chief medical officer since June, and previously was the chief medical officer of Itero Biopharmaceuticals. Joshua Kazam, who has served on a part-time basis as president and CEO since 2009, will remain on the company's board.
http://www.nilethera.com/pr120802.html 

(Santa Clara, Calif.) Santa Clara-based Picarro, a maker of gas concentration and stable isotope instruments for scientific research and measuring industrial emissions, on Monday named Suresh Pisharody as its vice president of marketing and Tim Clark as vice president of business development for the company's energy sector. Pisharody most recently was the director of product marketing at Illumina, while Clark was the special project lead for Pacific Gas and Electric with The Spear Group.
http://www.picarro.com/about_picarro/press_releases/20120803 

(San Francisco) San Francisco-based Daegis, a developer of e-discovery tools, on Monday named Chuck Pindell as its vice president of sales and marketing. Pindell most recently served as the vice president of global sales at iConect Development, and previously held roles with CT Summation/Wolters Kluwer, Edmond Scientific and LEX On Demand.
http://www.daegis.com 
http://www.businesswire.com/news/home/20120806005254/en/Daegis-Appoints-eDiscovery-Sales-Veteran-Chuck-Pindell 

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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> 3rd Annual Billington Cybersecurity Summit - Sept. 27, 2012 - Wash., DC

Is your business positioned to capture your share of the over $120 billion global cybersecurity market expected by 2017? The 3rd Annual Billington Cybersecurity Summit addresses the urgency of America's need to remain cyber secure. Join us as we assemble a stunning array of cybersecurity experts such as His Excellency Toomas Hendrik Ilves, President of Estonia; John C. (Chris) Inglis, Deputy Director, NSA; Lt. Gen. Ronnie Hawkins, Director, DISA; Eugene Kaspersky, CEO, Kaspersky Lab; Gen. Michael Hayden (Ret.), Former Dir., CIA & NSA; and Shawn Henry, the FBI's former top cyber cop and cybersecurity experts from the CIA, DHS, INTERPOL Washington, NERC, DOE, NIST, etc. Register today at http://cybersecurity-2012.eventbrite.com (Use discount code PTech for a 15% discount!)
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> Mid-Atlantic Marketing Summit – Oct. 18, 2012

Mid-Atlantic Marketing Summit - Intelligence & Insights on the Future of Communications. This one-day conference, organized by Potomac Tech Wire and Capitol Communicator, will bring together 300+ executives from the marketing, advertising, technology and communications sectors to discuss major issues facing the industry. The themes will focus on emerging technologies and trends in marketing communications. Topics will include: metrics, mobile, social media, multi-platform campaigns, online video campaigns, experiential advertising, B2B, PR, and much more. 7:45 am – 6:00 pm. Oct. 18, 2012. Super Early Bird Rate thru Aug. 10, 2012. Register at: http://mamsummit-baltimore-2012.eventbrite.com/
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> BA: Turn Sunshine into Savings -- Go Solar With Your Home or Office

Now the DC area can go solar without the high upfront cost of purchasing a solar system. Instead you simply pay for your solar power by the month -- just like your monthly utility bill -- only lower. We are the leading full service residential solar provider. When you decide to switch to solar, we take care of every step -- including engineering, financing, permits, installation and ongoing monitoring of your system performance. For more information click here
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>
Drive Sales - Advertise with Tech Wire - Special Summer Rates

According to a recently released study by eMarketer, online advertising is expected to generate $39.5 billion in sales this year…Increase your sales revenue. Advertise with the Tech Wire and enjoy special summer rates.
 http://www.bayareatechwire.com/Advertising_Info.html
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> 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 
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> 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
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> 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.
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> 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
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> 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. For more info, go to: http://www.bayareatechwire.com


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