Tuesday, March 11, 2014

Bay Area Tech Wire -- March 11

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BAY AREA TECH WIRE -- March 11, 2014
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San Francisco-Based Thoma Bravo Acquires Global Healthcare Exchange
o Volta Industries Relocates Headquarters from Hawaii to San Francisco
o White House Targets Techie Healthcare in #GeeksGetCovered Campaign  
o Fifth Street Technology Partners Backs Three Silicon Valley Tech Firms
o Technology Essay Contest to Award $600,000 in Prizes to Entrepreneurs
o Houlihan Lokey Acquires San Francisco-Based ArchPoint Partners
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Briefly Noted: Kabam, Aruba Networks, SanDisk
- PNY
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--Create Your Own Hiring Opportunity - 5 Behaviors Decision-Makers Find Irresistible
--14 Ideas for Marketing Your Business Online

--Enterprise Connect – March 17-20, 2014
--Corporate Food-Service - Catering to Cafe Management
--Investment Adviser Executive
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o San Francisco-Based Thoma Bravo Acquires Global Healthcare Exchange

San Francisco -- Thoma Bravo, the San Francisco-based private equity firm, said on Tuesday it has acquired Colorado-based Global Healthcare Exchange (GHX), a developer of cloud-based software designed to automate the medical-surgical supply chain. Financial terms of the deal were not disclosed. GHX, founded in 2000 by five of the world's largest medical product manufacturers, said its technology reduces healthcare costs by making the procurement process faster and more efficient. Thoma Bravo originally announced its plans for the acquisition in early February.
http://www.thomabravo.com 
http://www.ghx.com/ 
http://www.businesswire.com/news/home/20140311006328/en/Thoma-Bravo-Completes-Acquisition-GHX#.Ux9MDz9dXng 
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o Volta Industries Relocates Headquarters from Hawaii to San Francisco

San Francisco -- Volta Industries, developer of a network of free-to-use electric vehicle (EV) charging stations, said on Tuesday it has relocated its headquarters from Hawaii to San Francisco's SoMa district. The company, which operates 50 charging stations in California, Arizona and Hawaii, is now located at 144 King Street, across from AT&T Park. "Establishing ourselves in San Francisco has been a long time coming," said co-founder CEO Scott Mercer. "Now that we've completed our Hawaii prototype, Volta will be setting its sights on a national expansion." The office launch coincides with the growth of Volta’s staff, which now totals 10 full-time employees.
http://www.voltacharging.com 
http://www.businesswire.com/news/home/20140311005959/en/Volta-Industries-Launches-Office-Location-San-Francisco#.Ux9qZz9dXng 
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o White House Targets Techie Healthcare in #GeeksGetCovered Campaign

Washington, DC -- Hoping to spur enrollment in Obamacare, the White House on Tuesday unveiled #GeeksGetCovered, a new campaign focused on raising awareness and encouraging healthcare enrollment among tech entrepreneurs. "Geeks are a critical driver of America's innovation ecosystem, from the entrepreneurs launching startups in Silicon Valley to the scientists experimenting in university research labs to the whiz kids building gadgets in their parents' garages," wrote federal CTO Todd Park in a blog post. "The Affordable Care Act… means that this year, geeks, entrepreneurs, researchers and others can now make the decision to innovate and pursue their dreams without fear of losing coverage or worrying that a preexisting condition or new illness will bankrupt their families." The White House is encouraging techies to post on social media sites about "what affordable coverage means to you."
http://www.whitehouse.gov/blog/2014/03/11/geeksgetcovered 
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o Fifth Street Technology Partners Backs Three Silicon Valley Tech Firms

Greenwich, Conn. -- Fifth Street Technology Partners, a Connecticut-based venture lending firm, said it has closed $55 million of new technology investments in a trio of Silicon Valley companies. The firm said it has provided $30 million of second lien debt to Five9, a San Ramon-based developer of cloud contact center software; a $10 million credit facility to Conviva, a San Mateo-based developer of online video technology; and $15 million of second lien debt to ShareThis, the Palo Alto-based developer of a popular content sharing platform. All told, $40 million of the transactions were funded at close.
http://www.fifthstreetfinance.com 
http://www.five9.com/ 
http://www.conviva.com/ 
http://www.sharethis.com 
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o Technology Essay Contest to Award $600,000 in Prizes to Entrepreneurs

Washington, DC -- A newly launched national competition will award more than $600,000 in cash and services to entrepreneurs utilizing technology to enhance customer and employee experiences. The program, called "Innovations 4 Entrepreneurs," is backed by Comcast Business and Inc. Magazine. Two winning essays of up to 250 words will be selected in each of 16 regions -- one for best use of technology to enhance the customer experience and one for best use of technology to enhance the employee experience -- with entries judged by John Jantsch, the author of Duct Tape Marketing, The Commitment Engine and The Referral Engine; and Anita Campbell, the founder, CEO and publisher of Small Business Trends. Six of the 32 regional winners will earn grand prizes, receiving one-on-one consulting in New York and other prizes. Submissions can be made at the link below through April 30.
http://www.business.comcast.com/i4E 
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o Houlihan Lokey Acquires San Francisco-Based ArchPoint Partners

San Francisco -- International investment bank Houlihan Lokey said on Tuesday it has acquired San Francisco-based investment banking firm ArchPoint Partners, which provides M&A and private capital raising advisory services to clients in the technology sector. Financial terms of the deal were not disclosed. ArchPoint's co-founders and managing directors, John Cooper and Rob Louv, will jointly lead Houlihan Lokey’s Technology Group
http://www.hl.com 
http://www.businesswire.com/news/home/20140311006019/en/Houlihan-Lokey-Strengthens-Technology-Coverage-Acquisition-ArchPoint#.Ux9rzz9dXng 
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o Briefly Noted:


(San Francisco) San Francisco-based Kabam, a developer of free-to-play games, on Tuesday named Chris Petrovic as its head of corporate development. Petrovic most recently was the general manager of GameStop Digital Ventures, where he led the company's digital strategy.
http://corporate.kabam.com/media/2014/03/11/kabam-hires-games-industry-veteran-chris-petrovic/ 

(Sunnyvale, Calif.) Sunnyvale-based Aruba Networks, a developer of network access technology designed to let employees work from their personal mobile devices, on Tuesday named Karl Soderlund as its vice president of worldwide channels. Soderlund most recently was the vice president of Americas channel sales at Avaya.
http://www.arubanetworks.com/news-releases/aruba-networks-appoints-karl-soderlund-as-vice-president-worldwide-channels/ 

(Milpitas, Calif.) A jury in Santa Clara County jury has awarded Milpitas-based flash memory giant SanDisk $28.5 million in damages after ruling that PNY breached the companies' license agreement. SanDisk had alleged that PNY failed to pay amounts owed for the right to utilize its intellectual property in products.
http://www.sandisk.com/about-sandisk/press-room/press-releases/2014/jury-awards-sandisk-285-million-dollar-in-ip-dispute-with-pny-technologies/

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>
Create Your Own Hiring Opportunity - 5 Behaviors Decision-Makers Find Irresistible

Many job seekers express confidence in finding a new job this year, according to a recent survey, but many are also frustrated as they struggle to find a job matching their qualifications and salary preferences. In a job market where opportunities are still few and far between, give yourself a leg up that will allow you to create your own hiring opportunity.
http://www.fairfaxcountyeda.org/bay-area-tech-wire
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> 14 Ideas for Marketing Your Business Online


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>
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.
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> 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
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