| ============================================ BAY AREA TECH WIRE -- Dec. 19, 2013 ============================================ Digital Entertainment World: Register Now and Save $200 http://www.dewexpo.com o Redwood City-Based Sherpa Digital Media Lands New Funding o Menlo Park-Based Facebook Planning Massive Follow-On Offering o San Jose-Based eBay Completes $800 Million Deal for Braintree o IBM Acquires Emeryville-Based Aspera o FCC to Explore Eliminating Sports Blackout Rules > Digital Entertainment World: Register Now and Save $200 o Briefly Noted: Akros Silicon, Genstar Capital Management - Tecomet, Integrated Silicon Solution Inc. (ISSI) _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --14 Ideas for Marketing Your Business Online --Siteworx Complimentary Report: Best Practices: Digital Asset Management --Enterprise Connect – March 17-20, 2014 --Corporate Food-Service - Catering to Cafe Management --Investment Adviser Executive --Digital Entertainment World: Register Now and Save $200 --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 Redwood City-Based Sherpa Digital Media Lands New Funding Redwood City, Calif. -- Sherpa Digital Media, a Redwood City-based developer of video communications tools, said on Thursday it has raised an unspecified amount in a new round of funding, led by Robert Spass, the founder and managing partner of New York-based Capital Z Partners. Timothy McCarthy, the former president of Charles Schwab, and Ben Chodor, the founder and former CEO of Stream57, also participated. Chodor will join Sherpa as co-CEO and managing director. The company will use the proceeds to expand operations, opening a new studio in New York City, expanding its San Francisco office and opening a satellite studio in London. http://www.sherpadigitalmedia.com http://www.businesswire.com/news/home/20131219006021/en/Sherpa-Digital-Media-Secures-Funding-Announces-Plans _____________________________________________ o Menlo Park-Based Facebook Planning Massive Follow-On Offering Menlo Park, Calif. -- Nineteen months after its massive initial pubic offering (IPO), Menlo Park-based social networking giant Facebook on Thursday announced plans for a follow-on offering of 70 million shares. About 27 million of the shares would be offered by the company, with the remainder sold by current stockholders. That includes 41.35 million from CEO Mark Zuckerberg, who plans to use the bulk of his estimated $2.3 billion in proceeds to pay taxes related to his exercise of a stock option to purchase 60 million shares. Facebook shares closed at $55.05 on Thursday. http://www.facebook.com http://www.prnewswire.com/news-releases/facebook-announces-proposed-follow-on-offering-236530631.html _____________________________________________ o San Jose-Based eBay Completes $800 Million Deal for Braintree San Jose, Calif. -- Nearly three months after first announcing the deal, San Jose-based eBay said on Thursday it has completed its $800 million acquisition of Chicago-based Braintree, developer of a popular mobile payments platform. Braintree will now operate as a separate service within PayPal under the leadership of current CEO Bill Ready. Braintree's platform is used by companies such as Airbnb, OpenTable, HotelTonight and Uber. Venmo, the company's mobile app that lets users pay each other using their mobile devices, is part of the acquisition and will remain a separate app. PayPal said the acquisition will accelerate its presence in mobile payments. http://www.ebayinc.com https://www.braintreepayments.com/ http://www.businesswire.com/news/home/20131219005777/en/eBay-Completes-Acquisition-Global-Payments-Innovator-Braintree _____________________________________________ o IBM Acquires Emeryville-Based Aspera Emeryville, Calif. -- Computing giant IBM said on Thursday it will acquire Emeryville-based Aspera, a developer of technology designed to speed the movement of massive data files. Financial terms of the deal, expected to close in the first quarter, were not disclosed. Aspera's high-speed transfer technology reduces transmission times for large files or data sets by up to 99.9% -- potentially cutting a 26 hour transfer of a 24 gigabyte file down to 30 seconds. The technology is designed to overcome inherent bottlenecks in broadband wide area networks that slow the transfer of extremely large files, such as high-definition video or scientific research files. "With this acquisition, IBM addresses a key challenge for globally integrated enterprises by allowing them to move large data files much faster to the individuals who need them, wherever in the world they may be," said John Mesberg, IBM's vice president of B2B and commerce solutions. http://www.ibm.com http://asperasoft.com/ http://www-03.ibm.com/press/us/en/pressrelease/42782.wss _____________________________________________ o FCC to Explore Eliminating Sports Blackout Rules Washington, DC -- The Federal Communications Commission (FCC) plans to explore whether it should eliminate sports blackout rules, which sometimes keep fans from watching their teams' games -- particularly in the National Football League (NFL) -- when home stadiums don't sell out. A coalition of consumer, media and fan groups filed a joint petition to eliminate the 40-year-old rules in late 2011, labeling them "anti-consumer." The FCC, which plans to accept public comments before voting on the matter, appears to be in favor of a change. "It appears from the existing record that television revenues have replaced gate receipts as the most significant source of revenue for NFL clubs in the 40 years since the rules were first adopted," the FCC wrote. "Moreover, the record received thus far indicates no direct link between blackouts and increased attendance at NFL games." http://www.fcc.gov/document/nprm-sports-blackout-rules _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 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: (Sunnyvale, Calif.) Sunnyvale-based Akros Silicon, a supplier of intelligent energy management chips, on Thursday named Pete Klessel as its vice president of worldwide sales. Klessel most recently was the senior director of sales at Monolithic Power Systems (MPS). http://www.akrossilicon.com/category/categories/company-news/press-releases (San Francisco) San Francisco-based Genstar Capital Management, a private equity firm investing in the industrial technology, healthcare, financial services and software industries, said on Thursday it has acquired Massachusetts-based Tecomet from Charlesbank Capital Partners. Tecomet makes orthopedic implants, precision surgical instruments, trauma plates and photochemical etched products for medical device customers. Financial terms were not disclosed. http://news.gencap.com/press-releases/Genstar-Capital-Announces-Acquisition-of-Tecomet (Milpitas, Calif.) Milpitas-based Integrated Silicon Solution Inc. (ISSI), a developer of advanced memory and analog integrated circuits, said on Thursday that Scott Howarth, its president and CEO, will take medical leave for an undisclosed condition. He will have reduced work duties through the end of February, with the company's other senior executives picking up the slack. http://www.issi.com/US/investor-press-releases.shtml =================================================== 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 > 14 Ideas for Marketing Your Business Online Kick start your company's online strategy quickly and easily at a fraction of the cost of advertising! Download PRWeb's free guide, 14 Ideas for Marketing Your Business Online and learn how to get More Publicity, More Prospects, and More Sales! Register for a FREE PRWeb account to download the guide today! 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Register at: http://www.dewexpo.com ____________________________________________ > TelcoVision Conference - Las Vegas TelcoVision is the conference to attend for Tier 2-4 broadband service providers charged with developing their company’s move to an all-IP broadband network. Join key influencers from across the broadband industry to network, learn and come away with actionable strategies which will maximize your investments in the systems and services that power your network and grow your business. Register today at http://www.telcovisiononline.com with code WETV1337 to save $200 or get a FREE expo pass. ____________________________________________ 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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