| ============================================ BAY AREA TECH WIRE -- Jan. 30, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Mountain View-Based Google to Sell Motorola Mobility to Lenovo o San Francisco-Based Zynga Cuts 15% of Staff; Announces Acquisition o Survey: Confidence of Silicon Valley VCs Highest Since 2007 o Former Akamai CEO Paul Sagan Named Partner at General Catalyst o Smithsonian Launches Online Tribute to Folk Legend Pete Seeger o Briefly Noted: AVG Technologies, UBM Tech - Best in Test Awards _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Don't Quit Your Day Job to Become an Entrepreneur: You Can Do Both! --Digital Entertainment World --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 --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 Mountain View-Based Google to Sell Motorola Mobility to Lenovo Mountain View, Calif. -- Less than two years after paying $12.5 billion to acquire Illinois-based handset-maker Motorola Mobility, Mountain View-based Google said it plans to sell the company to Lenovo for just $2.9 billion. Google originally bought the company with an eye on producing its own smartphones -- a notion that CEO Larry Page said no longer seems feasible. "The smartphone market is super competitive, and to thrive it helps to be all-in when it comes to making mobile devices," Page wrote in a blog post. "It's why we believe that Motorola will be better served by Lenovo." Lenovo said the acquisition will significantly strengthen its position in the smartphone market, while boosting its presence in North America and Latin America. Google will maintain ownership of the vast majority of the Motorola Mobility patent portfolio, including current patent applications and invention disclosures. http://www.lenovo.com http://motorola.com/mobility http://googleblog.blogspot.com/2014/01/lenovo-to-acquire-motorola-mobility.html http://www.businesswire.com/news/home/20140129006557/en/Lenovo-Acquire-Motorola-Mobility-Google#.UuqyuD1dXng _____________________________________________ o San Francisco-Based Zynga Cuts 15% of Staff; Announces Acquisition San Francisco -- Zynga, the San Francisco-based social games developer, said on Thursday it will cut 15% of its staff, or 314 employees, as part of plan to decrease costs and improve efficiency. "When we reviewed the support areas and looked at what was an appropriate size to have agile, dedicated teams, we decided to redeploy and right size against our best opportunities for growth," wrote CEO Don Mattrick in a blog post. "We don't take these decisions lightly but we believe these actions will allow us to create a clearer, faster path to win." The company also said it will pay approximately $527 in cash and stock to acquire U.K.-based mobile game and technology developer NaturalMotion. Mattrick said the deal "expands Zynga's creative pipeline, accelerates our mobile growth and brings next-generation technology and tools to Zynga that will fast-track our ability to deliver consumers more hit games." NaturalMotion also has offices in San Francisco. http://blog.zynga.com/ http://www.naturalmotion.com/ _____________________________________________ o Survey: Confidence of Silicon Valley VCs Highest Since 2007 San Francisco -- The confidence of Bay Area venture capitalists is now at its highest level since 2007, according to the newly released fourth quarter Silicon Valley Venture Capitalist Confidence Index. The index, produced by University of San Francisco professor Mark Cannice, registered a 3.94 out of 5, up slightly from a quarter ago. It now has improved in each of the past six quarters. "Good performing tech IPOs brighten the prospects for all young tech companies, and I am optimistic that 2014 will be a strong year," said Sandy Miller of Institutional Venture Partners. Added Tim Draper of DFJ, "Venture capital and entrepreneurship have gone through a very difficult decade and things are finally looking up." Jon Soberg of Blumberg Capital, meanwhile, cautioned that while he's optimistic about the next 6-18 months, "I think we may see some slowdown in the public markets that could impact the overall environment." The complete report is available at the link below. https://www.usfca.edu/management/news/Silicon_Valley_ Venture_Capitalist_Confidence_Index_Q4_2013/ _____________________________________________ o Former Akamai CEO Paul Sagan Named Partner at General Catalyst Palo Alto, Calif. -- General Catalyst Partners, a venture capital firm with West Coast offices in Palo Alto, on Thursday named Paul Sagan as an executive-in-residence and partner. Sagan most recently served as the CEO of Akamai, and previously held several senior executive positions at Time Warner, including president and editor of new media at Time. In his new role, he will work with General Catalyst to identify investments in profitable companies, where they can potentially fill a chairman or CEO role. http://www.generalcatalyst.com/ http://www.businesswire.com/news/home/20140129006450/en/General-Catalyst-Partners-Adds-Paul-Sagan-Investment _____________________________________________ o Smithsonian Launches Online Tribute to Folk Legend Pete Seeger Washington, DC -- Smithsonian Folkways, a nonprofit record label of the National Museum of the U.S., has launched an online tribute to legendary folk singer Pete Seeger, who died Monday at the age of 94. The site, available at the link below, features a detailed biography, as well as numerous video and audio clips from the artist's nearly 90-year career. "Pete Seeger showed us how folk music -- music of the people, by the people, and for the people -- has the power to inspire, to bring us together, and to make us think," said Daniel Sheehy, the director of Smithsonian Folkways Recordings. http://www.folkways.si.edu/PeteSeeger _____________________________________________ o Briefly Noted: (San Francisco) AVG Technologies, the Dutch Internet security firm with North American headquarters in San Francisco, on Thursday named Todd Simpson as its chief strategy officer. Simpson most recently led corporate development and partnering at InterDigital Communications' Innovation Partners, and earlier was the chief of innovation at Mozilla. http://mediacenter.avg.com/content/mediacenter/en/news/todd-simpson-appointed-cso-at-avg-technologies (Santa Clara, Calif.) UBM Tech's portfolio of communities for the electronics industry on Thursday named the winners of the 2014 Best in Test Awards, selected by EDN's editors and its online community. The awards honor industry leaders in three categories -- Best Test Product of the Year (Overall), Test Engineer of the Year, and Best in Test Product of the Year (in 10 different categories). A complete list of winners is available at the link below. http://www.edn.com/design/test-and-measurement/4427734/EDN-announces-2014-Best-in-Test-Products =================================================== 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 > Don't Quit Your Day Job to Become an Entrepreneur: You Can (and Should) Do Both! Dissatisfied with your job? Create your own! Becoming a part-time entrepreneur is easier than you think. Many dream of being their own boss but aren’t willing to risk leaving the stability of their 9 to 5s. 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Download your complimentary copy of the Forrester Research Report: Best Practices in Digital Asset Management to learn best practices for vendor selection, implementation and adoption. http://www.siteworx.com/news/whitepapers/digital-asset-management-best-practices ____________________________________________ > Enterprise Connect – March 17-20, 2014 There's no single migration path to the next generation of enterprise communications and collaboration systems and services, and Enterprise Connect delivers unbiased information and in-depth research on the key issues you need to evaluate all the options. The conference program covers the full range of platforms, services and applications that comprise modern communications and collaboration systems. The Expo Hall is the ONLY place you'll find over 150 of the leading equipment, software and service providers in one location. 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