Wednesday, January 6, 2016

Bay Area Tech Wire -- Jan. 6

BAY AREA TECH WIRE -- Jan. 6, 2016
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San Francisco-Based ODG Lands Key Investment from 21st Century Fox
o Mountain View-Based Omnicell Completes $275 Million Deal for Aesynt
Stagwell Media Acquires Digital Agency Code and Theory
Apple's App Store Sets New Records for Traffic, Purchases During Holidays
o 32 Bay Area Students Named Semifinalists in Intel Science Talent Search
o Briefly Noted:
NSFOCUS IBD, GlobalLogic, Talend

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--Chief Technology Officer - City of Cupertino, CA

--Digital Entertainment Expo - Feb. 9-11 - Los Angeles - 15% Off With Code "TW"
--Networking for Nerds: 11 Tips to Help Reluctant Networkers Make Connections That Pay Off

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o San Francisco-Based ODG Lands Key Investment from 21st Century Fox

San Francisco -- Osterhout Design Group (ODG), a San Francisco-based developer of wearable technologies focused on augmented and virtual reality, said it has landed a minority investment from entertainment giant 21st Century Fox. Specific financial terms of the deal were not disclosed. Once the deal closes, 21st Century Fox will become the principal outside investor in ODG, and the two companies plan to combine ODG's technologies with 21st Century Fox's content and storytelling. ODG is demonstrating its new smartglasses, featuring high-definition, cinema-wide field of view technology, at this week's CES in Las Vegas. "This space is ultimately heading towards widespread consumer adoption and by having 21st Century Fox onboard, we'll be able to deliver immersive and interactive entertainment experiences," said CEO Ralph Osterhout. 

o Mountain View-Based Omnicell Completes $275 Million Deal for Aesynt

Mountain View, Calif. -- Omnicell, a Mountain View-based developer of medication and supply management software for healthcare systems, said on Wednesday it has completed its $275 million deal to acquire Pennsylvania-based Aesynt, a developer of enterprise medication management tools. Omnicell said the acquisition, first announced in October, will give it significant offerings in automated dispensing systems, central pharmacy robotics, IV robotics and enterprise analytics. The combined company will support approximately 4,000 acute care facilities worldwide, generate annual revenue of $670 million and have approximately 2,200 employees. "The addition of Aesynt to the Omnicell family will add distinct capabilities in central pharmacy robotics, IV robotics, automated dispensing systems and analytics," said Randall Lipps, Omnicell's chairman, president and CEO.

o Stagwell Media Acquires Digital Agency Code and Theory

Washington, DC -- Stagwell Media, the private equity fund of Washington, DC-based investment firm Stagwell Group, said it has acquired a majority stake in New York-based digital agency Code and Theory, which has offices in San Francisco. Financial terms of the deal were not disclosed. Founded in 2001, Code and Theory has created digital campaigns for Bloomberg, the Los Angeles Times, the Huffington Post, Vogue and Mashable. "Digital is a critical and core part of our strategy," said Mark Penn, the managing partner and president of Stagwell. "Few firms have the state-of-the art experience that Code and Theory brings to the table in a digital space." Code and Theory will continue to operate independently, with its current management team remaining in place. Co-founders Dan Gardner and Brandon Ralph continue to hold a minority ownership stake. This mark's Stagwell's third acquisition in the marketing services space, following earlier deals for communications firm SKDKnickerbocker and entertainment research firm National Research Group (NRG).

o Apple's App Store Sets New Records for Traffic, Purchases During Holidays

Cupertino, Calif. -- The holidays were good to Cupertino-based Apple. The company said on Wednesday that customers spent more than $1.1 billion on apps and in-app purchases in its App Store during the two weeks ending Jan. 3, setting back-to-back weekly records for traffic and purchases. In fact, New Year's Day marked the biggest day in App Store history, with customers spending over $144 million. It broke the previous single-day record set just a week earlier on Christmas Day. "We are excited that our customers downloaded and enjoyed so many incredible apps for iPhone, iPad, Mac, Apple Watch and Apple TV, spending over $20 billion on the App Store last year alone," said Philip Schiller, Apple's senior vice president of worldwide marketing. 

o 32 Bay Area Students Named Semifinalists in Intel Science Talent Search

Santa Clara, Calif. -- Thirty-two students from the Bay Area, including 10 from San Jose and seven from Cupertino, have been named semifinalists the Intel Science Talent Search, a top pre-college science competition. All told, 300 semifinalists were selected from 1,750 original entrants. Those from San Jose include Ayan Bandyopadhyay, Durga Ganesh, Vineet Sai Kosaraju, Sophia Yuting Luo, Jonathan Ma, Sadhika Malladi, Ajinkya Kishore Nene, Swetha Revanur, Anin Sayana and Maya Varma, while those from Cupertino include Julia Hayoung Cho, Daniel Guo, Meghal Gupta, Ajay Jain, Ethan Shen, Pranav Srinivas and Albert Zeng. Others selected from the area are: Audrey Cheng, Lea Margie Sparkman and Sherry Zhou of Palo Alto; Alexander Li, Dorrie Tang and Kristine Alexandra Zhang of Saratoga; Andrew Liu Chen and Ajay Gopi of Fremont; Anne Blythe Davis and Trevor Christopher Morgan of Stanford; Luke Shimanuki and Catherine Tu of Pleasanton; Varun Jain of Danville; Anjini Karthik of Mountain View; and George Zhang of San Ramon. Each will receive a $1,000 award from the Intel Foundation, with an additional $1,000 going to his or her school. On Jan. 20, 40 of the semifinalists will be selected to move on to the finals, taking place in Washington, DC this March. (complete list of semifinalists)

Briefly Noted:

(Santa Clara, Calif.) Santa Clara-based NSFOCUS IBD, a developer of enterprise network security technology, has named Carlos Cabello as its vice president of international business operations. Cabello most recently served as an operations management consultant with CAB Engineering Computer, and previously was the vice president of operations and IT at LogLogic. 

(San Jose, Calif.) San Jose-based GlobalLogic, a provider of software R&D services, has named board member Peter Bonfield as its new chairman. Bonfield also is currently the chairman of NXP, and previously served as the chairman and CEO of ICL and CEO of British Telecommunications. The company also has named former Vodafone Group global CTO Steve Pusey to its board of directors.

(Redwood City, Calif.) Redwood City-based Talend, a developer of open source big data integration software, on Wednesday named Fergal McDonnell as its regional vice president of emerging markets. McDonnell most recently spent eight years developing business in emerging markets for Informatica. 

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> Chief Technology Officer - City of Cupertino, California

The City of Cupertino, California is conducting a national search to recruit its first Chief Technology Officer. Recently reorganized to include Communications, IT, and GIS, the Information Services Department will be led by this department head position. The next Chief Technology Officer will lead a dedicated staff in a well-resourced community in the heart of Silicon Valley, with strong access to innovative technologies. The ideal candidate will be a change agent who is an excellent communicator that leads with a coaching/mentoring style. A Bachelor’s degree in Information Technology, Business Administration, or a related field is required, as is 5 years of directly related experience, including 3 years of supervisory level experience. Annual salary range is $148,908 - $181,908 plus an excellent benefit package including CalPERS retirement and excellent work schedule. Interested candidates should submit their cover letter, resume, and salary history via email to Apply by Friday, January 22, 2016. Confidential inquiries welcomed to Greg Nelson at (916) 630-4900 ext. 137. Brochure available at

> Digital Entertainment Expo - Feb. 9-11 - Los Angeles - 15% Off With Code "TW"

From digital content creation to monetization, Digital Entertainment World is where you want to be if you are in the business of creating or monetizing digital entertainment content. DEW 2016 celebrates the visionary content creators and technology innovators who are creating the engaging products and experiences driving the future of connected entertainment. Tech Wire subscribers receive a 15% discount by using discount code TW. (Use discount  code "TW" for 15% off)

> Networking for Nerds: 11 Tips to Help Reluctant Networkers Make Connections That Pay Off

Does your idea of "networking" involve nursing a drink in the corner while your more gregarious colleagues mix, mingle, wheel, and deal? Whether you consider yourself an introvert, socially awkward, or just a networking newbie, fear not. Here are 11 tips to help you connect more confidently and maybe -- just maybe -- take your career to the next level.

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