Monday, November 21, 2016

Bay Area Tech Wire - Nov. 21

BAY AREA TECH WIRE -- Nov. 21, 2016
Campaigns & Marketing Summit - Washington, D.C. - Dec. 1

o Mountain View-Based Symantec to Acquire LifeLock for $2.3 Billion
Menlo Park-Based Findo Raises $7 Million in Seed Funding
o Redwood Shores-Based Oracle to Acquire Dyn  
San Francisco-Based Climate Corp. Acquires Europe's VitalFields
Mountain View-Based Quixey Names John Foster as New CEO
> Campaigns & Marketing Summit - Washington, D.C. - Dec. 1

o Briefly Noted: Marvell Technology Group, Veracyte, IfOnly - Sotheby's

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

--Job Listing: Vice President Product Management - Los Angeles
--Proven, Cost-effective IN-MARKET Support for Federal Contractors
--Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.

Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section

Post Job/Event/Marketplace ad at:


o Mountain View-Based Symantec to Acquire LifeLock for $2.3 Billion

Mountain View, Calif. -- In a marriage of two of the largest security technology companies, Mountain View-based Internet security giant Symantec said it will pay approximately $2.3 billion to acquire Arizona-based LifeLock, the provider of identity theft protection services. The deal, for $24 a share, is expected to close by the end of March. "With the combination of Norton and LifeLock, we will be able to deliver comprehensive cyber defense for consumers," said CEO Greg Clark. "This acquisition marks the transformation of the consumer security industry from malware protection to the broader category of digital safety for consumers." The combination is expected to create the world's largest consumer security business with more than $2.3 billion in annual revenue.

o Menlo Park-Based Findo Raises $7 Million in Seed Funding

Menlo Park, Calif. -- Findo, the Menlo Park-based developer of a smart search assistant designed to `understand' human-like language and search by description, said on Monday it has raised $7 million in a round of seed funding. The round included a $600,000 investment from Foxit, a developer of PDF software, as part of a larger technology partnership between the companies that will allow Foxit users to work with PDF files more effectively. ABBYY, Flint Capital and investors from the scanner and document markets also participated. Currently, Findo supports five main form factors --web app, mobile app, messenger bot, Chrome/Firefox extension and the recently added iMessage app. The integration between Findo and Foxit products will support web, cloud and mobile platforms, and is estimated to be completed in 2017. 

o Redwood Shores-Based Oracle to Acquire Dyn

Redwood Shores, Calif. -- Oracle, the Redwood Shores-based database software and cloud technology giant, said on Monday it will acquire New Hampshire-based Dyn, a developer of tools designed to optimize Internet apps and cloud services for better performance and faster load times. Financial terms of the deal were not disclosed. Dyn's technology is powered by a network that drives 40 billion traffic optimization decisions daily for more than 3,500 enterprise customers, including brands such as Netflix, Twitter, Pfizer and CNBC. Oracle said the acquisition will bolster its cloud computing platform. "Dyn's immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform," said Thomas Kurian, Oracle's president of product development. 

o San Francisco-Based Climate Corp. Acquires Europe's VitalFields

San Francisco -- The Climate Corp., a San Francisco-based unit of Monsanto developing digital tools designed to help farmers, said on Monday it has acquired VitalFields, a European maker of farm management software. Financial terms of the deal were not disclosed. Founded in 2011 and available in seven European countries, VitalFields offers a tool for farmers to plan, manage and analyze their field activities, including tracking and reporting of all crop inputs. "VitalFields has built a successful business spanning multiple European countries, and we see how their digital tools will complement our Climate FieldView platform offerings in the future," said CEO Mike Stern. "This acquisition marks Climate's first step into the European market." 

o Mountain View-Based Quixey Names John Foster as New CEO

Mountain View, Calif. -- Quixey, a Mountain View-based developer of deep mobile search technology, has named John Foster as its new CEO. He succeeds co-founder Tomer Kagan. Foster most recently was the founder and CEO of DHI, and previously served as the president and regional director of Zed USA. He also earlier helped turn around InfoSpace as that company's senior vice president of corporate development. Quixey's technology is designed to connect users to instant actions within apps, like booking a hotel or ordering a ride.

o Briefly Noted:

(Santa Clara, Calif.) Santa Clara-based Marvell Technology Group, a developer of storage, networking and connectivity semiconductors, on Monday named Karen Rohde as its chief human resources officer. Rohde most recently was the chief human resources officer at Amyris, and previously led HR functions at Hitachi Global Storage Technologies and Sun Microsystems. 

(South San Francisco) South San Francisco-based Veracyte, a developer of genomic diagnostics tools, on Monday named Keith Kennedy as its chief financial officer (CFO). Kennedy, the former president and CEO of MCG Capital, will succeed Shelly Guyer, who earlier this year announced her plan to step down as CFO. 

(San Francisco) San Francisco-based IfOnly, developer of an online marketplace for experiences, said on Monday that it has landed a new investment from art auction house Sotheby's. Financial terms of the deal were not disclosed. The company said it will use the proceeds to expand its marketplace both domestically and internationally, as well as to bolster its technology. 

Job/Event/Services Listings:
To Post in Job/Event/Marketplace:
7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300

> Vice President Product Management

We are looking for a strong Vice President of Product Management who will play a major growth role for a nearly 1 BN dollar, high growth, publicly traded, online marketplace and information services company, one of the leading technology companies in the United States. This is our oldest commercial client, 11+ years, and we can provide exceptional insights into the company's culture, its people, and the opportunity. In addition to the tactical Product skill sets and experiences required below, this executive must offer significant experiences interacting with C-level leaders. He or she will play an instrumental role in defining and shaping the Product function across the company, working closely with both the Division President and the Corporate CEO, and interacting daily with multiple peers in different functional areas. The company continues to grow rapidly, both organically and through acquisition. This leader will have a history of scaling a world-class product capability and team. The role is headquartered in our client's beautiful Los Angeles office. Full relocation is offered. Benefits are comprehensive. Compensation ranges from 280k - 375k, plus upfront equity and annual equity grants. Candidates must have a history of job stability, have a strong educational background, and be a pleasure to work with. The pace is fast, the opportunity to make an impact is significant, the people are bright and motivated, politics are kept to a minimum; it's very much a meritocracy. For more information or to apply, contact


> Proven, Cost-effective IN-MARKET Support for Federal Contractors of all Sizes and Disciplines

KPYoung & Associates, Inc. provides proven, cost-effective support for Federal Contractors of all sizes and disciplines. Services include Growth Strategy; Marketing and Communications; Business Development; Capture Strategy / Proposal Response; and Business Management. Kevin Young is a long-time, Washington, DC-based resource as a Professional (IBM Federal, Unisys, SAIC); Management Consultant (Capgemini, CSC, Deloitte, Deltek, ITT, Leidos); Adjunct Professor (George Mason University's School of Business); and Thought Leader (Government Market Master™ Executive Education Program). Honors over 30-plus years include IBM Outstanding Achievement in Marketing Award, IBM Award of Excellence, and (as IBM site team) the Malcolm Baldrige National Quality Award. Federal clients and Contractor clients are available upon request; full credentials and references may be found via For an introductory call, please contact Kevin at 703-794-1100 or

> Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.

The Campaigns & Marketing Summit on December 1 at the National Press Club brings together 300+ brand marketers, PR and advocacy professionals, and political campaign strategists to discuss their common tactics, strategies, tools and platforms. It is the only conference to bring together both brand and political marketers. This unique fusion in both speakers and attendees produces fresh insights and empowers attendees to push the boundaries of what's possible in their own fields. One thing you're guaranteed to take away from CAM Summit: actionable strategies and tactics that set you apart from peers.


> Advertising on Bay Area Tech Wire

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area.

Subscribe to other newsletters from Tech Wire Media Group:

Potomac Tech Wire:
Bay Area Tech Wire:
New England Tech Wire:

Advertising: If you are interested in advertising in our newsletters, call
Paul Sherman at 1-301-656-0057 x1103 or send email to

News tips, press releases. Send email to:

Tech Wire Mailing Address:
P.O. Box 15180
Washington, DC 20003

Copyright: CapWire Inc. 2016



To unsubscribe/change profile: click here

To subscribe: click here

No comments:

Post a Comment