| ============================================ BAY AREA TECH WIRE -- June 16, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Milpitas-Based SanDisk to Acquire Fusion-io in $1.1 Billion Deal o Mountain View-Based Intuit Completes $360M Acquisition of Check o Palo Alto-Based BitGo Raises $12 Million in First Round of Funding o San Jose-Based Cadence Design Completes $170 Million Deal for Jasper o ID Acquires Soldier Training System from San Jose's Quantum3D o Obama to Ban Federal Contractors from Discriminating Against LGBT o Briefly Noted: Nexant, Virsae, Indiegogo, Crossbar _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Free Cloud & Network Security Forum & EXPO - Santa Clara - June 25 --Don't Miss Summer Rates On All Bay Area Tech Wire Advertising --Associate Director – ORIX Ventures --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 Milpitas-Based SanDisk to Acquire Fusion-io in $1.1 Billion Deal Milpitas, Calif. -- SanDisk, the Milpitas-based developer of flash storage products, said on Monday it will acquire Utah-based Fusion-io, developer of an application acceleration platform with offices in San Jose, in an all-cash deal valued at $1.1 billion. Under the agreement, SanDisk will launch a cash tender offer, paying $11.25 a share. The deal is expected to close during the third quarter. Sanjay Mehrotra, SanDisk's president and CEO, said the acquisition will "accelerate our efforts to enable the flash-transformed data center, helping companies better manage increasingly heavy data workloads at a lower total cost of ownership." http://www.sandisk.com http://www.fusionio.com http://www.businesswire.com/news/home/20140616005671/en/SanDisk-Signs-Definitive-Agreement-Acquire-Fusion-io#.U58HOpRdXng _____________________________________________ o Mountain View-Based Intuit Completes $360M Acquisition of Check Mountain View, Calif. – Intuit, the Mountain View-based publisher of business and financial management software, said on Monday it has completed its $360 million acquisition of Palo Alto-based Check, a developer of mobile bill pay services. Intuit said the deal, first announced in May, will help accelerate its ability to offer bill pay across small business and personal finance products. Check currently boasts more than 10 million registered users of its mobile app, which automates and consolidates the bill pay process. Guy Goldstein, Check's co-founder and CEO, will serve as a vice president at Intuit. http://www.intuit.com http://www.businesswire.com/news/home/20140616006453/en/Intuit-Completes-Check-Acquisition#.U59NmZRdXng _____________________________________________ o Palo Alto-Based BitGo Raises $12 Million in First Round of Funding Palo Alto, Calif. -- BitGo, the Palo Alto-based developer of a Bitcoin security platform, said Monday it has raised $12 million in its first round of funding, led by Redpoint Ventures. Previous investors Bridgescale Partners, Jeff Skoll, Bill Lee and Eric Hahn participated in the round, along with new investors Radar Partners, Founders Fund, Barry Silbert's Bitcoin Opportunity Corp., Liberty City Ventures, Crypto Currency Partners and Ashton Kutcher & Guy Oseary's A-GRade Investments. BitGo, which now becomes one of the most well-funded companies in the Bitcoin ecosystem, operates a Bitcoin security-as-a-service platform based on its multi-signature technology. BitGo also announced that Jeff Brody, founding partner of Redpoint, and Stratton Sclavos of Radar Partners will join its board of directors. Sclavos was the CEO of Internet security firm Verisign from 1995-2007. http://www.bitgo.com http://www.businesswire.com/news/home/20140616005325/en/Bitcoin-Security-Pioneer-BitGo-Raises-12-Million#.U59OnJRdXng _____________________________________________ o San Jose-Based Cadence Design Completes $170 Million Deal for Jasper San Jose, Calif. -- Cadence Design Systems, a San Jose-based provider of electronic design software, hardware and services, said on Monday it has completed its $170 million acquisition of Mountain View-based Jasper Design Automation, a maker of tools for the design and verification of electronic systems and semiconductors. The all-cash deal was first announced in April. Cadence said the acquisition will expand its system design and verification platform. Jasper, led by Kathryn Kranen, will join Cadence's System & Verification Group, reporting to senior vice president Charlie Huang. http://www.cadence.com http://www.jasper-da.com/ http://www.cadence.com/cadence/newsroom/press_releases/Pages/pr.aspx?xml=061614_jasper&CMP=home _____________________________________________ o ID Acquires Soldier Training System from San Jose's Quantum3D San Jose, Calif. -- Intelligent Decisions (ID), a Virginia-based IT systems integrator, said on Monday it has paid an unspecified amount to acquire the ExpeditionDI product line from San Jose-based Quantum3D. Used in the original development of ID's Dismounted Soldier Training System (DSTS), ExpeditionDI is a man-worn, fully immersive tool used for infantry simulation and training. Harry Martin, the president and CEO of ID, said the acquisition will let his company offer clients "a more comprehensive and immersive training capability." http://www.intelligent.net http://www.quantum3d.com/ _____________________________________________ o Obama to Ban Federal Contractors from Discriminating Against LGBT Washington, DC -- In a major win for the lesbian, gay, bisexual and transgender (LGBT) community, President Obama will sign an executive order banning federal contractors from discriminating based on a person's sexual orientation or gender identity, a White House official said on Monday. "The action would build upon existing protections, which generally prohibit federal contractors and subcontractors from discriminating in employment decisions on the basis of race, color, religion, sex or national origin," the unidentified official told reporters. The news comes a day before Obama will take part in the Democratic National Committee's annual LGBT Gala in New York. http://www.politico.com/story/2014/06/obama-lgbt-nondiscrimination-executive-order-107900.html#ixzz34pBBnNZL http://www.msnbc.com/msnbc/obama-sign-executive-order-lgbt-workplace-protections _____________________________________________ o Briefly Noted: (San Francisco) Nexant, a San Francisco-based provider of energy software and services, on Monday named Matthew Mendis as its head of government services, based in Washington, DC. Over the past 35 years, Mendis has worked on clean energy projects in more than 45 developing countries on behalf of The World Bank, the U.S. Agency for International Development and a number of multilateral development agencies and private-sector development firms. He currently chairs the board of trustees of Global Village Energy Partnership International. http://www.nexant.com/company/news/matthew-mendis-lead-nexant-government-services-team (San Jose, Calif.) San Jose-based Virsae, a developer of monitoring and analysis tools for unified communications, on Monday named John DeLozier as the executive vice president of its North American business. DeLozier is the former senior vice president of sales at Arrow S3. http://www.virsae.com https://ca.finance.yahoo.com/news/virsae-hires-executive-vice-president-110000228.html (San Francisco) San Francisco-based crowdfunding site Indiegogo on Monday named Victor Kovalev, the former director of engineering at Yelp, as its vice president of engineering. He will lead the company's web and mobile efforts. https://www.indiegogo.com http://www.businesswire.com/news/home/20140616005165/en/Indiegogo-Announces-Vice-President-Engineering-Expansion-Leadership#.U58E_ZRdXng (Santa Clara, Calif.) Santa Clara-based Crossbar, a start-up developer of non-volatile memory technology, on Monday named Ron Richter as its vice president of sales. Richter most recently served as the senior director of business development at Silicon Image. http://www.crossbar-inc.com/events/press-releases/crossbar-inc-names-ron-richter-vp-of-sales.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 > Free Cloud & Network Security Forum & EXPO - Santa Clara - June 25 June 25, 2014 MC2IT is hosting a free Cloud & Network Security Forum & EXPO at the Santa Clara Convention Center. EXPO begins at 5:00pm with networking and free appetizers, followed by a panel discussion and audience Q&A. Speakers on the panel include the Founder and CTO of Palo Alto Networks, the Chief Information Security Officer at FireEye, the Chief Privacy Officer at McAfee and the Cloud Platform Product Manager at Google. The event is hosted by Mission College Center for Innovation and Technology (“MC2IT”), a non-profit 501(c)(3) organization of Mission College improving the quality of STEM education. Event registration & details: www.mcsecurityforum.org ____________________________________________ > Don't Miss Summer Rates On All Bay Area Tech Wire Advertising Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and enjoy summer rates now thru Aug. 31, 2014. Grow your business. Reach more than 6,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/EventForm.html ____________________________________________ > Associate Director – ORIX Ventures ORIX Ventures is seeking Associate Directors for its growing venture lending group. With opportunities based in both Seattle, Washington and Hartford, Connecticut, the Associate Director will lead venture lending transactions through deal evaluation, term sheet, due diligence, company analysis, modeling, documentation and close. The Associate Director will work closely with senior ORIX Ventures management, equity investors and management teams to successfully grow the ORIX Ventures platform. Qualified candidates should have a history of professional and academic achievement, strong analytical and organizational skills, and an understanding of the growth company space. The ideal candidate has 5-10 years of work experience at a top-tier investment bank, private equity or debt fund, or venture capital firm with solid accounting and financial modeling acumen, an interest in technology companies and a desire to work closely with the venture capital and private equity communities. Additional requirements include a disciplined attention to detail, a team orientation, and a personality that thrives in a fun, performance driven environment. Please forward your resume to mpickle@orix.com Visit our website at http://orixventures.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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