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BAY AREA TECH WIRE -- May 22, 2015
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Sponsored By: Fairfax County Economic Development Authority
http://fairfaxcountyeda.org/bay-area-tech-wire
o Palo Alto-Based HP to Sell Majority Stake in Chinese Businesses
o WSJ: S.F.-Based Uber Seeking $1B Credit Facility Ahead of Possible IPO
o Palo Alto's Ignition Partners Closes New $200 Million Investment Fund
o Foster City-Based Zuora Acquires Oakland-Based Frontleaf
> 10 On-The-Job Mistakes That Can Sabotage Your Career
o Briefly Noted: General Services Administration
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--10 On-The-Job Mistakes That Can Sabotage Your Career
--San Francisco International Airport - Enterprise Architect
--Senior Director, Business Development - Optoro - DC
Ad Descriptions Below Briefly Noted Section
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com
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o Palo Alto-Based HP to Sell Majority Stake in Chinese Businesses
Palo Alto, Calif. -- HP said Thursday it will sell a majority stake in its Chinese server, storage and technology services businesses to Tsinghua Holdings for $2.3 billion. The deal will create a new technology infrastructure business under the name H3C Technologies, which will have approximately 8,000 employees and $3.1 billion in annual revenue. Palo Alto-based HP, meanwhile, will maintain 100% ownership of its existing China-based Enterprise Services, Software, HP Helion Cloud, Aruba Networks, Printing and Personal Systems businesses. Meg Whitman, HP's chairman and CEO, called the deal "a bold move to win in today's China." "In one move, we have repositioned HP and H3C to accelerate overall performance and better serve our customers and partners," she said. The deal is expected to close near the end of this year.
http://www.hp.com
http://www.marketwired.com/press-release/hp-partners-with-tsinghua-to-create-a-chinese-technology-powerhouse-nyse-hpq-2022074.htm
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o WSJ: S.F.-Based Uber Seeking $1B Credit Facility Ahead of Possible IPO
San Francisco -- In a move that could be a precursor to an initial public offering (IPO), San Francisco-based on-demand car service Uber is in talks with six-seven banks about obtaining a $1 billion line of credit, The Wall Street Journal reported. The publication wrote the move could help the company cement relationships with banks for an eventual IPO, though one isn't expected to occur until at least early next year. Other tech companies, such as Facebook and Alibaba, also sought large credit facilities before their IPOs, The Journal reported. Uber, which has landed more than $5 billion in debt and equity since launching in 2010, also is in the process of raising additional funding that could value the company at more than $50 billion.
https://www.uber.com/
http://www.wsj.com/articles/uber-in-talks-for-1-billion-credit-facility-with-banks-1432265901
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o Palo Alto's Ignition Partners Closes New $200 Million Investment Fund
Palo Alto, Calif. -- Ignition Partners, an early-stage investment firm with offices in Palo Alto and Bellevue, Wash., said it has closed a new $200 million fund. The fund, to be known as Ignition Venture Partners VI, will focus on early-stage enterprise software investments, targeting areas such as mobile first enterprise, industrial Internet infrastructure and cloud-delivered vertical and horizontal productivity services. It will be led by managing partners Frank Artale, John Connors and Nick Sturiale. Ignitition's previous $160 million fund, which closed in 2013, has invested in companies such as Azuqua, BlueData, Nymi, Trifacta, StrongLoop, Tempered Networks, Tellwise, Tipbit, Unidesk and wit.ai.
http://www.ignitionpartners.com
http://www.businesswire.com/news/home/20150521005278/en/Ignition-Partners-Raises-200-Million-Fund-VI#.VV9SSNLBzGc
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o Foster City-Based Zuora Acquires Oakland-Based Frontleaf
Foster City, Calif. -- Zuora, the Foster City-based developer of a subscription commerce, billing and finance system, said it has acquired Oakland-based Frontleaf, a maker of customer analytics software designed to help subscription-based businesses drive customer adoption, retention and growth. Financial terms of the deal were not disclosed. Frontleaf founder and CEO Tom Krackeler will join Zuora's executive team as its vice president of subscription user experience, with the remainder of the company's employees being integrated into Zuora's engineering and sales teams. With the acquisition, Zuora also has announced the launch of Z-Insights, a subscriber experience analytics platform that combines technology from the two companies. Zuora CEO Tien Tzuo said the platform will be the first in a series of new releases that "will enable subscription-based businesses to create and capture meaningful insights about their subscribers and then act on those insights in a structured and consistent way."
https://www.zuora.com
https://www.zuora.com/press-release/zuora-acquires-frontleaf-launches-subscriber-experience-analytics-application-help-companies-deepen-subscriber-relationships/
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10 On-The-Job Mistakes That Can Sabotage Your Career
Over time, bad habits can tarnish an otherwise great reputation and overshadow your accomplishments in the eyes of your colleagues and supervisors. Remember, in the big leagues, your reputation is every bit as important as your skills and experience. Here are 10 mistakes to avoid to make sure you're protecting your reputation. http://fairfaxcountyeda.org/bay-area-tech-wire
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o Briefly Noted:
(Washington, DC) President Obama on Thursday nominated Denise Turner Roth to become the new administrator of the General Services Administration (GSA). Turner Roth has served as deputy administrator for the GSA since March 2014, and also has served as acting administrator since February, when Dan Tangherlini stepped down following three years at the helm.
https://www.whitehouse.gov/the-press-office/2015/05/21/president-obama-announces-his-intent-nominate-denise-turner-roth-adminis
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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> 10 On-The-Job Mistakes That Can Sabotage Your Career
Over time, bad habits can tarnish an otherwise great reputation and overshadow your accomplishments in the eyes of your colleagues and supervisors. Remember, in the big leagues, your reputation is every bit as important as your skills and experience. Here are 10 mistakes to avoid to make sure you're protecting your reputation. http://fairfaxcountyeda.org/bay-area-tech-wire
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> San Francisco International Airport - Enterprise Architect
This is truly a rare opportunity to join an award winning and progressive organization that is innovating to be the most technologically empowering airport in North America! This newly created position of Enterprise Architect for San Francisco International Airport (SFO) is focused on developing and delivering the strategic technology roadmap for both the short- and long-term. By providing expertise on the design of architectural solutions as well as the establishment of architecture standards, the Enterprise Architect will play an integral role in building a holistic view and framework for the Airport’s technology strategy, processes, and information technology roadmap. Top contenders will be strategic thinkers and strong communicators to ensure proposed technical solutions are aligned with the Airport’s overall objectives, mission, and vision. Requires five years of experience at a senior level as an application and systems architect; experience in the development of platf! Bachelor’s degree required. Annual salary range is $123,578 to $157,742 plus outstanding benefits including retirement plan. Detailed brochure available at http://www.ralphandersen.com/jobs/sfo_enterprise_architect.html
To apply, send a compelling cover letter and a comprehensive resume to apply@ralphandersen.com by June 15, 2015. Confidential inquiries welcomed to Heather Renschler or Greg Nelsen at (916) 630-4900.
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> Senior Director, Business Development - Optoro - DC
We are looking to add a Senior Director of Business Development to our growing team to help capitalize on the rapidly rising demand of our enterprise software solution. The Senior Director will be responsible for prospect evaluation, coverage and development across a portfolio of enterprise accounts. We are looking for someone with a forward-thinking and strategic approach to solving business issues and a strong background in selling solution based software in retail, ecommerce or supply chain industries. For more information or to apply, go to: http://optoro.com/careers/join#62042
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