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BAY AREA TECH WIRE -- May 4, 2015
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Sponsored By: Fairfax County Economic Development Authority
http://fairfaxcountyeda.org/bay-area-tech-wire
o San Francisco-Based AltSchool Raises $100 Million for Expansion
o SurveyMonkey CEO Dave Goldberg Dies Suddenly at Age 47
o Ciena to Acquire Petaluma-Based Cyan for $400 Million
o Santa Clara-Based Agilent Technologies to Acquire Cartagenia
o AT&T Selects Five Ed-Tech Startups for Aspire Accelerator
o Worldwide Chip Sales Rise 6% in First Quarter
> The Delicate Art of Persuading Your Boss
o Briefly Noted: Zuman - SuperiorHR, Nuance Communications, Impax Laboratories
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--The Delicate Art of Persuading Your Boss
--Director, Product Marketing in Tysons
--The MIT Sloan CIO Symposium - May 20 - Cambridge, Mass.
Ad Descriptions Below Briefly Noted Section
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com
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o San Francisco-Based AltSchool Raises $100 Million for Expansion
San Francisco -- AltSchool, a San Francisco-based network of technology-focused micro-schools founded by former Google executive Max Ventilla, said on Monday it has raised $100 million in a new round of funding, co-led by Founders Fund and Andreessen Horowitz. Mark Zuckerberg and Priscilla Chan's donor-advised fund at Silicon Valley Community Foundation also took part, as well as Emerson Collective, First Round Capital, Learn Capital, John Doerr, Harrison Metal, Jonathan Sackler, Omidyar Network and Adrian Aoun. This round also includes a new debt facility to fund school expansion. AltSchool launched its first micro-school in San Francisco in 2013, and currently operates four schools in the Bay Area, each supported by a proprietary technology platform. New locations are scheduled to open next fall in San Francisco, Palo Alto and Brooklyn. Since raising $33 million in its first round of funding last year, the company's staff has nearly quadrupled, from 30 to 115 employees. Ventilla is the former head of personalization at Google and the co-founder of Aardvark, a search company that Google acquired in 2010.
http://www.altschool.com
http://www.businesswire.com/news/home/20150504005343/en/AltSchool-Raises-100-Million-Funding-Reimagine-Education#.VUfUeo5Viko
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o SurveyMonkey CEO Dave Goldberg Dies Suddenly at Age 47
Palo Alto, Calif. -- Dave Goldberg, the CEO of Palo Alto-based SurveyMonkey and husband of Facebook COO Sheryl Sandberg, died suddenly Friday night. He was 47. "We are deeply saddened to announce that Dave Goldberg passed away suddenly last [Friday] night," wrote Bennett Porter, SurveyMonkey's vice president of marketing communications. "Dave's genius, courage and leadership were overshadowed only by his compassion, friendship and heart. His greatest love was for his family. Our sympathy goes out to them and to all who were touched by this extraordinary man. We are all heartbroken." Goldberg had been with the company since 2009. Earlier in his career, he founded LAUNCH Media, leading the company until its acquisition by Yahoo in 2001. Following the sale, he served as the vice president and general manager of Yahoo Music, and later spent two years as an Entrepreneur in Residence at Benchmark Capital. "In lieu of donations, we want to celebrate his life in a manner that respects the family's privacy as they cope with this tragic, life changing event: Sheryl, their children, and our family would be grateful if people would post their memories and pictures of Dave to his Facebook profile," his brother, Robert Goldberg posted on Facebook.
https://www.surveymonkey.com/mp/dave-goldberg-statement-surveymonkey/ (Company statement)
https://www.facebook.com/robert.h.goldberg/posts/10153303390627269 (Facebook post from brother)
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o Ciena to Acquire Petaluma-Based Cyan for $400 Million
Petaluma, Calif. -- Ciena, the Maryland-based networking technology company, said on Monday it will acquire Petaluma-based Cyan, a developer of software for network operators, in a cash-and-stock deal valued at $400 million. Cyan's open software-defined networking tools are designed to help network operators make service delivery more efficient and profitable. Ciena said the technology will compliment its own Agility software portfolio. "The addition of Cyan accelerates the availability of a complete solution for our customers to deliver virtualized networks and services on-demand," said Gary Smith, the president and CEO of Ciena. The deal is expected to close by the end of October.
http://www.ciena.com/
http://www.cyaninc.com/
http://www.ciena.com/about/newsroom/press-releases/Ciena-Announces-Intent-to-Acquire-Cyan.html
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o Santa Clara-Based Agilent Technologies to Acquire Cartagenia
Santa Clara, Calif. -- Agilent Technologies, a Santa Clara-based provider of instruments, software and other products and services for the life sciences industry, said on Monday it will acquire Massachusetts-based Cartagenia, a provider of software and services for clinical genetics and molecular pathology labs. Financial terms of the deal were not disclosed. Founded in 2008, with European offices in Belgium, Cartagenia offers a platform that helps laboratory operations to develop internal knowledge and databases, as well as collaborate with other outside labs. The company employs 36 people, all of whom will be offered employment with Agilent, according to the announcement.
http://www.agilent.com/about/newsroom/presrel/2015/04may-gp15010.html
http://www.cartagenia.com/news-items/agilent-technologies-to-acquire-cartagenia-leading-provider-of-software-to-enable-clinical-analysis-of-genomics-data/
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o AT&T Selects Five Ed-Tech Startups for Aspire Accelerator
San Francisco -- Telecom giant AT&T has announced five edu-tech startups for its AT&T Aspire Accelerator, which the company officially kicked off Monday in San Francisco. The inaugural class will include Washington, DC-based eduCanon; San Francisco-based GradGuru; Raleigh, N.C.-based Lea(R)n; Oakland-based MindBlown Labs; and Brooklyn, N.Y.-based Quill. Each will receive a $50,000 investment and another $25,000 to cover costs associated with the six-month program, as well as mentorship and other services. Companies can participate in the program without relocating.
http://about.att.com/story/att_aspire_kicks_off_in_san_franciso.html
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o Worldwide Chip Sales Rise 6% in First Quarter
Washington, DC -- Worldwide sales of semiconductors reached $83.1 billion in the first quarter, up 6% compared with the same period in 2014, according to new figures from the Semiconductor Industry Association (SIA). "Despite macroeconomic challenges, first quarter global semiconductor sales are higher than they were last year, which was a record year for semiconductor revenue," said John Neuffer, president and CEO of the SIA. "The Americas region posted its sixth straight month of double-digit, year-to-year growth to lead all regional markets, and DRAM and analog products continue to be key drivers of global sales growth." The complete report is available at the link below.
http://www.semiconductors.org/news/2015/05/04/global_sales_report_2015
/first_quarter_semiconductor_sales_up_6_percent_compared_to_last_year/
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The Delicate Art of Persuading Your Boss
You’ve got a brilliant idea to transform the business. Or maybe you're just trying to stop the stupid train from rolling over the great work your team has done. You make your case to your boss, but she's not convinced. What next? Real leaders take a step back and get serious about the persuading.
http://fairfaxcountyeda.org/bay-area-tech-wire
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o Briefly Noted:
(Pleasanton, Calif.) Pleasanton-based Zuman, a developer of human resources, payroll and benefits administration technology, said on Monday it has acquired Dallas-based counterpart SuperiorHR. Financial terms of the deal, which accelerates Zuman's growth strategy within the Texas market, were not disclosed.
http://www.zuman.com
http://www.businesswire.com/news/home/20150504005045/en/Zuman-Acquires-Dallas-HR-Outsourcer-SuperiorHR#.VUfXPI5Viko
(Santa Clara, Calif.) Nuance Communications, a Massachusetts-based developer of voice-recognition and language-translation software, said it has named Robert Finocchio to its board of directors. Finocchio is a corporate director, private investor and professor of management at Santa Clara University.
http://www.nuance.com/company/news-room/press-releases/Robert-Finocchio-Nuance-Board-Appointment.docx
(Hayward, Calif.) Hayward-based specialty pharmaceutical firm Impax Laboratories on Monday named Donna Hughes as its senior vice president of human resources and Deborah Penza as its senior vice president and chief compliance officer. Hughes most recently was the vice president of labor and employment at Actavis, while Penza was Actavis' chief compliance officer.
http://investors.impaxlabs.com/Media-Center/Press-Releases/Press-Release-Details/2015/Impax-Strengthens-Leadership-Team-by-Adding-New-Senior-Vice-Presidents-for-Human-Resources-and-Compliance/default.aspx
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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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> The Delicate Art of Persuading Your Boss
You’ve got a brilliant idea to transform the business. Or maybe you're just trying to stop the stupid train from rolling over the great work your team has done. You make your case to your boss, but she's not convinced. What next? Real leaders take a step back and get serious about the persuading. http://fairfaxcountyeda.org/bay-area-tech-wire
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> Director, Product Marketing - Tysons, Virginia
Perspecsys, a leading cloud security software provider, is seeking a Director, Product Marketing. Reporting directly to the CMO, the individual will be responsible for all outbound lead generation campaigns, Sales and Channel enablement, competitive analysis and positioning, product launches, etc. This position is ideal for entrepreneurial candidates with strong Product Marketing experience, a successful track record achievement, and a desire to be part of a rapidly growing start-up. For more information and to apply, go to: perspecsys@techwiremedia.com
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> The MIT Sloan CIO Symposium - May 20 - Cambridge, Mass.
The MIT Sloan CIO Symposium will help CIOs to invent their future and accelerate success through technology. CIOs will engage with business leaders, technology trendsetters, and academic thought leaders in panel discussions and explore new thinking and practices. Panel discussions include: Academic Keynote Panel -- The Impact of Automation; Platform Shift -- How New Business Models are Changing the Shape of Industry, and the Role of CIOs; Leading Digital: A Manifesto for IT and Business Executives; The Board, CEO and CIO Roles in Dealing with Digital Disruption; Cybersecurity - New Approaches to Assessing and Maximizing Your Protection; Demand Shaping: How IT Becomes a Distinctive Advantage; and Cashing in on Your Data. Use code 15NETECHWIRE when registering for a $200 discount. Register at www.mitcio.com.
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