Wednesday, August 7, 2013

Bay Area Tech Wire -- Aug. 7

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BAY AREA TECH WIRE -- Aug. 7, 2013
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AOL to Acquire San Mateo-Based Adap.tv for $405 Million
o Redwood City-Based YuMe Prices IPO; Stock Remains Flat
o Santa Clara-Based CareInSync Lands New Investment from Samsung
o Sunnyvale-Based Yahoo to Unveil 30 New Logos in 30 Days
o CEA Sponsors New Site Aimed at Fighting Patent Trolls
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Briefly Noted: Glu Mobile, Move Inc.

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--The Debate on Public and Private Data Now Available Online
--Airport CIO/ITT Director
--Mobile Commerce World
--Patent Applications Drafted
--Research Leader – Collaboration and Communications
--Director of Business Development

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o AOL to Acquire San Mateo-Based Adap.tv for $405 Million

San Mateo, Calif. -- Continuing its push into the online video space, AOL said on Wednesday it will pay $405 million to acquire San Mateo-based Adap.tv, developer of a programmatic video ad platform for brands, agencies and publishers. Under the deal, expected to close by the end of September, AOL will pay $322 million in cash, as well as another $83 million in company stock. Adap.tv will operate independently as part of AOL's video organization, led by Senior Vice President Ran Harnevo. Its technology will be offered by AOL Networks. "We believe that most TV advertising will soon be traded programmatically on platforms like ours," said Adap.tv CEO Amir Ashkenazi. "The combination of AOL and Adap.tv accelerates our vision." A year ago, Adap.tv supported more than 26,000 ad campaigns, which ran on approximately 9,500 websites. Tim Armstrong, AOL's chairman and CEO, said the goal of the companies is to "make advertising as easy as e-commerce." Adap.tv is backed by Bessemer Venture Partners, Gemini Israel Funds, Redpoint Ventures and Spark Capital.
http://www.adap.tv/ 
http://corp.aol.com/2013/08/07/aol-to-expand-video-leadership-with-agreement-to-acquire-adap-tv/ 
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o Redwood City-Based YuMe Prices IPO; Stock Remains Flat

Redwood City, Calif. -- Shares of Redwood City-based YuMe remained flat on their first day of trading Wednesday, hours after the developer of digital video advertising software raised $46.1 million in its initial public offering (IPO). The company sold 5.125 million shares for $9 each, well below its initial price range of $12-$14. Shares, trading on the New York Stock Exchange under the symbol "YUME," rose as much as 9% on the day before closing at their opening price of $9. YuMe's backers include Khosla Ventures and Accel Partners.
http://www.yume.com/ 
http://www.yume.com/news/press-releases/yume-prices-initial-public-offering 
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o Santa Clara-Based CareInSync Lands New Investment from Samsung

Santa Clara, Calif. -- CareInSync, the Santa Clara-based developer of a mobile care coordination platform designed to connect physicians, case managers, nurses and other aftercare professionals, said on Wednesday it has landed a new investment from Samsung Venture Investment. Financial terms of the deal were not disclosed. The company said it will use the funds to bolster its flagship Carebook product with secure mobile communications technology, as well as expand to the Android platform. CareInSync's previous backers include HealthTech Capital, California Health Care Foundation and Hearst Business Media.
http://careinsync.com 
http://www.prnewswire.com/news-releases/careinsync-announces-investment-from-samsung-venture-investment-corporation-218660571.html 
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o Sunnyvale-Based Yahoo to Unveil 30 New Logos in 30 Days

Sunnyvale, Calif. -- Following a year of major acquisitions and a new CEO, Sunnyvale-based Yahoo on Wednesday kicked off a rebranding effort that will see the Internet company unveil 30 new variations of its logo over the next 30 days. The effort -- dubbed "30 Days of Change," will culminate with the unveiling of the company's official new logo at 9 p.m. PT on Sept. 4. Yahoo said it plans to keep the color purple, as well as its exclamation point and yodel theme. "Over the past year, there's been a renewed sense of purpose and progress at Yahoo, and we want everything we do to reflect this spirit of innovation," wrote CMO Kathy Savitt. "While the company is rapidly evolving, our logo -- the essence of our brand -- should too." The marketing push comes on the heels of a transitional period for the company, which began last summer with the hiring of former Google executive Marissa Mayer as its new CEO and included the $1.1 billion acquisition of blog network Tumblr in May.
http://www.yahoo.com/dailylogo 
http://yahoo.tumblr.com/post/57582020969/kicking-off-30-days-of-change 
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o CEA Sponsors New Site Aimed at Fighting Patent Trolls

Arlington, Va. -- The Consumer Electronics Association (CEA) said it is sponsoring a new website aimed at fighting patent trolls -- entities whose primary business is suing technology companies for patent infringement. The Trolling Effects site lets those receiving demand letters from patent trolls to post them online, view letters received by others and research exactly who is behind these threats. The project was spearheaded by the Electronic Frontier Foundation (EFF). Gary Shapiro, president and CEO of the CEA, said he hopes the site, coupled with Congressional legislation, will "allow entrepreneurs to innovate without constant threat of frivolous lawsuits."
https://trollingeffects.org/ 
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o Briefly Noted:


(San Francisco) San Francisco-based Glu Mobile, a developer and publisher of free-to-play games for smartphone and tablet devices, said on Wednesday it has expanded its operations in Asia. The company has appointed Shinsuke Mori and Jay Kim to lead offices in Japan and Korea, respectively.
http://phx.corporate-ir.net/phoenix.zhtml?c=207033&p=irol-newsArticle&ID=1845522&highlight= 

(San Jose, Calif.) San Jose-based online real estate firm Move Inc. said on Wednesday it has priced a private placement of $85 million in convertible notes due 2018. The sale of the notes is expected to close on Aug. 12, with the company using a portion of the proceeds to repurchase stock.
http://news.move.com/2013-08-07-Move-Inc-Announces-Pricing-of-85-Million-Private-Offering-of-Convertible-Senior-Notes

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Job/Event/Marketplace Listings:
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> The Debate on Public and Private Data Now Available Online

Now available online! Listen in to the insightful and entertaining panel of legal and IT experts who debated issues of privacy and big data recently in Menlo Park. Hosted by Concord Law School. Moderated by NYU Professor Arthur Miller, the panelists included: Joseph Alhadeff, Chief Privacy Strategist/VP Global Public Policy, Oracle; Ian Ballon, Greenberg Traurig, Executive Director Stanford Law's Center for E-Commerce; Johannes Ernst, Cloudstore; Thomas Feledy, Lieutenant, SF Police Department; Françoise Gilbert, Founder/Managing Director of the IT Law Group; Ann Geyer, Managing Director of Tunitas Group; Matthew Miller, Managing Director, Walden Venture Capital; and Mark Weinstein of Sgrouples.com.
The video is available at www.ConcordDebate.com
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> Airport CIO/ITT Director


With a $4.1 billion 10-year Capital Improvement Plan, SFO is building for the future! The Airport CIO/ITT Director will support this aggressive CIP to ensure SFO continues its commitment to setting the standard for the industry and continues to elevate the air travel experience at SFO. The Airport CIO/ITT Director oversees the Airport’s ITT Section consisting of over 65 employees involved in delivering and maintaining complex information and telecommunications networks/systems to over 2,000 users. Detailed brochure available at www.ralphandersen.com Salary range is $143,832 - $183,586 plus benefits. E-mail resume, cover letter, and salary history by August 9, 2013. Confidential inquiries encouraged to Heather Renschler at (916) 630-4900. Send resumes to apply@ralphandersen.com
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> Mobile Commerce World

Mobile Commerce World is for retail and enterprise executives charged with developing their company’s mobile commerce strategy. Mobile Commerce World brings together the mobile commerce ecosystem, including marketers, retailers, mobile app developers, software and service providers, integrators, security providers, operators, business strategists and leading companies. The 3 day conference program offers more than 50 sessions, 120+ experts, along with an exhibit of leading solution providers, all focused on educating the next generation of retailers and businesses who are developing their mobile commerce strategy. Register today for a free expo pass at http://www.mcommworld.com/sanfrancisco/?sourceCode=WEMCW13111
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> Patent Applications Drafted

I am a registered patent attorney with over 20 years experience. I charge a flat fee of $3600.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office. I work in both mechanical and electrical areas. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; and 6,850,920. I am located in San Jose near the airport. Send inquiries to prestonianpatents@gmail.com
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> Research Leader – Collaboration and Communications

Current Analysis is a provider of competitive intelligence, market analysis products, and advisory services to Fortune 100 Telecom Service Providers and IT Software and Service Vendors. We currently seek a Research Leader to work in our Collaboration and Communications group. Qualified candidates should have a thorough understanding of the collaboration and communications marketplace as well as technical knowledge of and/or expertise with unified communications, PBX systems, hosted telephony platforms, presence and chat, voice and video conferencing, and tele-presence solutions. The Research Leader will deliver intelligence and analysis to our clients and gives end-users insight into the strengths and weaknesses of competing vendors and their offerings; Proactively track and analyze the collaboration and communications marketplace; Attend industry trade shows, analyst conference, webinars and vendor briefings; Present research findings in both live and online events. To apply for this position send your resume to: hr@currentanalysis.com or fax at: 703.421.3077
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> Director of Business Development

Join a growing commercial software company! Be a leader in helping organizations adopt innovative business management software, both in the cloud and self-hosted! Unanet Project Portfolio comprises a complete Professional Services Automation (PSA) solution with Budgeting & Forecasting, Resource Planning & Skills Management, Timesheet and Expense Management, Billing and Revenue Recognition, Project Management & Reporting and Teamwork Collaboration capabilities in software solution. Unanet Project Portfolio is a web-based solution that delivers real-time performance management and project accounting for our customers’ projects and people. To learn more about the Director of Business Development position, please visit www.unanet.com Send resumes to careers@unanet.com
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