Bay Area Tech Wire -- Oct. 24

============================================ BAY AREA TECH WIRE -- Oct. 24, 2013 ============================================ Digital Entertainment World: Register Now and Save $200 http://www.dewexpo.com o S.F.-Based McKesson to Acquire Majority Stake in Germany's Celesio o SEC Approves Rules to Let Companies Sell Stock Through Crowdfunding o Menlo Park-Based SRI Completes Expansion of Virginia R&D Facility o Coupons.com Names Former Safeway Executive as CFO and COO o Report: Nearly One-Third of Adults Now Get News from Facebook > Digital Entertainment World: Register Now and Save $200 o Briefly Noted: Actian, Electronic Arts - Ken Block, SanDisk _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Patent Applications Drafted --Digital Entertainment World: Register Now and Save $200 --Free Whitepaper: TechRadar for Digital Customer Experience Technologies --Search Services Without a Fee --Service Co-ordinator/Customer Service Representative --TelcoVision Conference - Las Vegas --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 S.F.-Based McKesson to Acquire Majority Stake in Germany's Celesio San Francisco -- McKesson, the San Francisco-based healthcare services and information technology giant, said on Thursday it will acquire a majority stake in Germany's Celesio, a large provider of logistics and services to the pharmaceutical and healthcare sectors, in a deal valued at $8.3 billion. The combined company will be one of the largest pharmaceutical wholesalers and providers of logistics and services in the healthcare sector, with revenues of more than $150 billion and approximately 81,500 employees. McKesson and Celesio plan to maintain their own brands. John Hammergren, the chairman and CEO of McKesson, said the acquisition will allow his company to "provide our customers with more efficient delivery of healthcare products and services around the world." Under the deal, expected to close by the end of March, McKesson will acquire a 50.01% stake in the company from majority shareholder Franz Haniel & Cie, then launch parallel tender offers for Celesio's publicly traded shares. http://www.celesio.com  http://www.mckesson.com/investors/investors/  _____________________________________________ o SEC Approves Rules to Let Companies Sell Stock Through Crowdfunding Washington, DC -- The Securities and Exchange Commission (SEC) voted unanimously on Wednesday to let companies raise funds by selling their stock through Internet crowdfunding platforms. The proposed rules, which wouldn't go into effect at least until the end of a 90-day public comment period, would remove many of the hurdles currently faced by startups and small companies when trying to raise funds. Congress last year created an exemption to permit securities-based crowdfunding when it passed the JOBS Act. Under the proposed rules, a company would be able to raise up to $1 million through crowdfunding in a 12-month period. Many companies would be ineligible, including those that are not based in the U.S. or already report to the SEC. "There is a great deal of excitement in the marketplace about the crowdfunding exemption, and I’m pleased that we’re in a position to seek public comment on a proposal to permit crowdfunding," said Mary Jo White, chair of the SEC. "We want this market to thrive in a safe manner for investors." http://www.sec.gov/News/PressRelease/Detail/PressRelease/13705 40017677#.Umk26nCsiSo  _____________________________________________ o Menlo Park-Based SRI Completes Expansion of Virginia R&D Facility Menlo Park, Calif. -- SRI International, a Menlo Park-based nonprofit research and development institute, said on Thursday it has completed the expansion of its 40,000-square-foot R&D facility in Harrisonburg, Va. The company spent $2.8 million on the project, aimed at bolstering the bioscience research capabilities of its Shenandoah Valley Center for Advanced Drug Research. "In 2007, a small number of SRI colleagues and I first began working in a laboratory on the campus of James Madison University, which marked the founding of our Center for Advanced Drug Research in Shenandoah Valley," said Krishna Kodukula, the executive director of strategic development and site head of SRI Shenandoah Valley. "Since then… we have grown and established a state-of-the-art facility tackling the challenges of drug discovery and development for critical and emerging diseases." http://www.sri.com  http://ca.finance.yahoo.com/news/sri-international-completes-biosciences-facility-120000451.html  _____________________________________________ o Coupons.com Names Former Safeway Executive as CFO and COO Mountain View, Calif. -- Coupons.com, a Mountain View-based provider of digital couponing services, on Thursday named Mir Aamir as its new CFO and COO. He will oversee all of the company's financial and accounting functions, as well as its operations and the international business. Aamir most recently was the president of customer loyalty and digital technologies at Safeway. Richard Hornstein, who had served as the company's CFO, will continue in his roles of general counsel and chief legal officer, which he has held for the past 2 ½ years. http://www.couponsinc.com  http://www.couponsinc.com/Corporate/OurCompany/PressReleases/2013.aspx?udt_678_param_detail=668  _____________________________________________ o Report: Nearly One-Third of Adults Now Get News from Facebook Menlo Park, Calif. -- Nearly one-third of U.S. adults now get some form of "news" from Menlo Park-based Facebook, according to a new study by the Pew Research Center, in collaboration with the John S. and James L. Knight Foundation. Among that group, roughly 8 in 10 say they mostly get news when they are on the site for other reasons, such as seeing what friends are up to or sharing photos. "People go to Facebook to share personal moments -- and they discover the news almost incidentally," said Amy Mitchell, Pew's director of journalism research. "The serendipitous nature of news on Facebook may actually increase its importance as a source of news and information, especially among those who do not follow the news closely." All told, roughly two-thirds of adults use Facebook. http://www.journalism.org/?p=38483&preview=1&_ppp=e424f377f3 _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| Digital Entertainment World: Register Now and Save $200 Digital Entertainment World (DEW) is the best place to connect with content creators and owners, enabling technology providers, digital distributors and device manufacturers to create the infrastructure and technology partnerships necessary to monetize digital content. The three-day event brings together leading industry executives from games, music, video and publishing to discuss, deliberate, debate and celebrate the issues, opportunities and successes driving the digital entertainment industry. Digital Entertainment World is changing the way content owners, enabling technology providers, digital distribution platforms and CE manufacturers meet and engage. Hyatt Regency, Feb. 18-20, 2014, Los Angeles, CA. Register at: http://www.dewexpo.com    |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (Redwood City, Calif.) Redwood City-based Actian, a developer of big data analytics and cloud integration tools, on Thursday named Ashish Gupta as its CMO and senior vice president of business development. Gupta most recently was the CMO and senior vice president of corporate development at Vidyo, and previously held various executive roles within Microsoft's Office division. http://actian.com/press/actian-appoints-new-cmo  (Redwood City, Calif.) Redwood City-based Electronic Arts (EA), the large developer and publisher of video games, on Thursday announced a multi-year partnership with X-Games medalist and racing star Ken Block. Under the deal, Block will become racing advisor for the company's Need for Speed franchise. Need for Speed also will sponsor Block and his Ford Fiesta ST 2013 racing car, and will be working with him on the release of Gymkhana SIX, the next installment of his viral video franchise. http://news.ea.com/press-release/ea-games-label/ea-signs-multi-year-agreement-x-games-medalist-and-internet-phenom-ken-  (Milpitas, Calif.) Milpitas-based SanDisk, the maker of flash storage products, said on Thursday it has priced $1.3 billion in convertible notes, due in 2020. The sale is expected to close on Oct. 29, with the company using a portion of the proceeds to fund the cost of privately negotiated convertible note hedge transactions and repurchase shares of its common stock from buyers of the notes. http://www.sandisk.com/about-sandisk/press-room/press-releases/2013/sandisk-announces-pricing-of-$13-billion-of-convertible-senior-notes/ =================================================== 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 > 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. 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