| ============================================ BAY AREA TECH WIRE -- Feb. 11, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Carl Icahn Ends Push for Apple Stock Buyback o Battery Ventures Acquires Controlling Stake in San Jose's Data Physics o Report: San Francisco's Lithium Technologies to Acquire Klout o Winners Crowned in Seventh Annual Crunchies Awards o S.F.-Based Telegraph Hill Names Paul Grossman as Venture Partner o Briefly Noted: Pluribus Networks, Zoomdata _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --There's No Such Thing as a Bad Idea When Brainstorming -True or False? --Digital Entertainment World --14 Ideas for Marketing Your Business Online --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 Carl Icahn Ends Push for Apple Stock Buyback Cupertino, Calif. -- Activist investor Carl Icahn has backed off of his push for Cupertino-based Apple to buy back a massive amount of its stock. The move comes after Institutional Shareholder Services (ISS) on Sunday recommended that shareholders vote against Icahn's proposal, which sought an additional $50 billion in buybacks. That followed news last week from Apple CEO Tim Cook that the company had bought back $14 million in stock during the two weeks after its fourth-quarter earnings report. "In light of these actions, and ISS's recommendation, we see no reason to persist with our non-binding proposal, especially when the company is already so close to fulfilling our requested repurchase target," Icahn wrote in a letter to shareholders. The full letter is available at the link below. http://www.shareholderssquaretable.com/our-letter-to-apple-shareholders/ _____________________________________________ o Battery Ventures Acquires Controlling Stake in San Jose's Data Physics Menlo Park, Calif. -- Battery Ventures, the venture capital firm with West Coast operations based in Menlo Park, said it has acquired a controlling stake in San Jose-based Data Physics Corp., a maker of test-and-measurement systems for noise and vibration applications. Financial terms of the deal, which will allow Data Physics to pursue growth organically and through acquisitions, were not disclosed. In conjunction, Battery has installed Louis Pace, a former executive in residence at the firm, as the company's new CEO. Pace earlier served as the COO of HallStar and vice president of business development at Belden. Data Physics was co-founded in 1984 by Sri Welaratna and fellow Hewlett-Packard alumnus Dave Snyder. The two built the company into a major provider of digital signal processing technology to help companies perform acoustic tests, structural tests, rotating machinery diagnostics and vibration characteristics analysis. http://www.battery.com http://www.dataphysics.com/ http://www.marketwired.com/press-release/battery-ventures-invests-data-physics-as-cornerstone-new-industrial-technologies-platform-1877144.htm _____________________________________________ o Report: San Francisco's Lithium Technologies to Acquire Klout San Francisco -- Lithium Technologies, the San Francisco-based developer of software that lets businesses create their own social networks and online communities, appears to be on the verge of acquiring San Francisco-based Klout in a deal expected to be worth more than $100 million, re/code reported. The blog reported that the deal has been signed, but has yet to close. Klout's technology is designed to assess users' influence on social media, scoring it on a scale of 1-100. The company has raised $40 million in funding, including a $30 million round two years ago from investors including Kleiner Perkins, Venrock and Institutional Venture Partners. http://www.lithium.com/ http://klout.com http://recode.net/2014/02/11/exclusive-lithium-technologies-to-acquire-klout/ _____________________________________________ o Winners Crowned in Seventh Annual Crunchies Awards San Francisco -- Startups, founders, engineers and venture capitalists in 20 categories took home awards Monday night in TechCrunch's seventh annual Crunchies Awards at San Francisco's Davies Symphony Hall. The awards, co-hosted by GigaOM and VentureBeat, honor the companies and individuals that made the biggest impression on their peers and on the industry last year. Chosen by public voting, the full list of this year's winners and runners up is available at the link below. http://techcrunch.com/2014/02/10/congratulations-crunchies-winners-kickstarter-wins-best-overall-startup/ _____________________________________________ o S.F.-Based Telegraph Hill Names Paul Grossman as Venture Partner San Francisco -- Telegraph Hill Partners, a San Francisco-based venture capital firm focused on the life sciences and healthcare sectors, has named Paul Grossman as a venture partner. Grossman, a 32-year veteran of the life science industry, most recently was the head of global strategy and corporate development at Life Technologies. In his new role, Grossman, who will be based in San Diego, will help the firm make investment decisions and also advise existing portfolio companies. Telegraph Hill Partners currently manages $600 million across three funds. http://www.thpartners.net http://www.thpartners.net/02-10-2014.html _____________________________________________ o Briefly Noted: (Palo Alto, Calif.) Palo Alto-based Pluribus Networks, a developer of software and hardware network virtualization platforms, on Tuesday named David Ginsburg as its inaugural CMO. Ginsburg most recently served as the CMO and senior vice president of product line management at Extreme Networks. http://www.pluribusnetworks.com http://www.businesswire.com/news/home/20140211006327/en/Pluribus-Networks-Appoints-Networking-Industry-Veteran-David#.UvqJqGJdXng (San Francisco) Zoomdata, a Virginia-based developer of big data analytics software, said on Tuesday it has opened a new office in San Francisco to support growth. The office is the first outside of the company's corporate headquarters. http://www.zoomdata.com http://www.prnewswire.com/news-releases/zoomdata---fast-growing-next-generation-big-data-analytics-software-company---announces-new-release-software-patent-and-corporate-expansion-244933371.html =================================================== 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 > There's No Such Thing as a Bad Idea When Brainstorming -True or False? There's no such thing as a bad idea. Or is there? Brainstorming experts have long held that every idea, however impractical, is worthy of consideration. But in practice, many of us have come across our share of unmistakable duds. We have thoroughly explored this conundrum. Here, we explain why lots of good can come from bad ideas. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > Digital Entertainment World Digital Entertainment World (DEW), is the definitive event focused on the Ecosystem to Monetize Digital Content (VIDEO, GAMES, MUSIC and PUBLISHING). Featuring over 100 speaking sessions, 300+ speakers and keynotes from Facebook, NBCUniversal, Electronic Arts, and United Talent Agency, DEW is the one event that brings the digital entertainment industry together, with research and analysis, and offers a global platform for media/tech leaders to network, discuss strategies and develop the partnerships that will chart the future direction of content monetization. Register now at http://www.dewexpo.com Use Code: TWBA To Save an Additional 25% ____________________________________________ > 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! Click here ____________________________________________ > 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. Register today at http://www.enterpriseconnect.com/orlando with Discount Code: NLBATW to save $200 or for a Free Expo Pass. ____________________________________________ > Corporate Food-Service - Catering to Cafe Management Cosmopolitan Catering has established itself as Silicon Valley's premier full-service catering and café management company. Working exclusively within the corporate arena, Cosmopolitan Catering has experienced exponential growth by identifying and solving the recurring problems that Silicon Valley companies face when using outdated corporate food-service models. We have in turn addressed each of our client's needs independently to thereby provide customized solutions. The corporate food-service landscape is being redefined by Cosmopolitan Catering by way of bringing back the essence of the word "cater". While our vision and the core of our business model remains consistent, we take a personalized approach when implementing every food-service program we craft, knowing that no two companies will have the same needs. For more information, contact Rick Angelini at rangelini@cosmocaters.com, 408.732.1400, or visit us at www.cosmocaters.com ____________________________________________ > Investment Advisor Executive Investment Advisor Representative-Sales. High payout-little or no costs to you-fully regulated by The State of California and FINRA. Easy platform to have your own Advisory office with full regulation and a fully operable back office. Send resumes to Raymond@AbrahamLockhart.com ____________________________________________ 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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