Monday, November 7, 2016

Bay Area Tech Wire - Nov. 7

BAY AREA TECH WIRE -- Nov. 7, 2016
Campaigns & Marketing Summit - Washington, D.C. - Dec. 1

o Mountain View-Based Synopsys to Acquire Cigital and Codiscope
San Francisco's Fillr Raises $3.9 Million in First Round

Santa Clara-Based Coherent Closes $942M Deal for Rofin-Sinar
Vista Completes Tender Offer for Shares of Santa Clara-Based Infoblox
Campbell-Based [24]7 Names Guido Schroeder as Chief Product Officer
> Campaigns & Marketing Summit - Washington, D.C. - Dec. 1
o Briefly Noted: SBA - Women Veteran Entrepreneurship Training Program

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

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

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o Mountain View-Based Synopsys to Acquire Cigital and Codiscope

Mountain View, Calif. -- Synopsys, the Mountain View-based developer of electronic design automation software, said on Monday it will acquire Virginia-based Cigital and Boston-based Codiscope, which spun off from Cigital a year ago. Financial terms of the deals, expected to close by December, were not disclosed. Cigital provides software security services, while Codiscope offers complementary security tools. Synopsys said the acquisition will allow it to offer a comprehensive software security signoff tool. "Synopsys, Cigital and Codiscope have a shared vision of building security into the software development lifecycle and across the cyber supply chain," said Andreas Kuehlmann, the senior vice president and general manager of Synopsys' Software Integrity Group.  

o San Francisco's Fillr Raises $3.9 Million in First Round

San Francisco -- Fillr, a developer of autofill technology with offices in Australia and San Francisco, said late Monday it has raised $3.9 million in its first round of funding. Participants included SoftBank China Capital, Southern Cross Venture Partners and Reinventure. Fillr said it will use the proceeds to expand its presence in North America, Europe and Asia. The company has created cloud-based artificial intelligence that uses advanced machine-learning to power a data exchange platform that can be used for any payment, checkout or data transaction on the Internet. "A significant portion of this investment will fund further product enhancement, including expanding Fillr's cloud-based artificial intelligence, while also allowing us to bring Fillr to new platforms, including desktop PCs," said co-founder and Chief Product Officer Chad Stephens, 

o Santa Clara-Based Coherent Closes $942M Deal for Rofin-Sinar

Santa Clara, Calif. -- Coherent, a Santa Clara-based developer of lasers and laser-based technology, said on Monday it has completed its $942 million acquisition of Germany's Rofin-Sinar Technologies, a developer of industrial laser sources and laser-based tools and components. The company based $32.50 a shared under the deal, first announced in March. As a result of the acquisition, Rofin's stock will no longer trade on the Nasdaq Stock Market or Frankfurt Stock Exchange. Coherent said the combination will strengthen its position in materials processing, building on its capabilities in laser and photonics-based technology. 

o Vista Completes Tender Offer for Shares of Santa Clara-Based Infoblox

Santa Clara, Calif. -- Infoblox, a Santa Clara-based developer of network control technology, said on Monday that private equity firm Vista Equity Partners has completed its cash tender offer for the company. Vista paid $26.50 a share as part of the $1.6 billion deal, first announced in September. The firm acquired 43.8 million shares -- about 77% of shares outstanding -- before the offer expired midnight Friday. The merger was expected to close on Monday. 

o Campbell-Based [24]7 Names Guido Schroeder as Chief Product Officer

Campbell, Calif. -- [24]7, a Campbell-based developer of intent-driven customer engagement tools, on Monday named Guido Schroeder as its chief product officer, charted with leading the company's global engineering and product teams. Schroeder previously led product and engineering teams at Splunk, and earlier spent 16 years with SAP, where he led the Business Objects BI unit. "Over the last few years, [24]7 has transformed from a services company to a leader in artificial intelligence and chatbot technology," said CEO PV Kannan. "Our continued growth requires a leader who can help us build the product portfolio of the future." 

o Briefly Noted:

(Washington, DC) The U.S. Small Business Administration (SBA) on Monday announced a new program that will award $300,000 to women and veteran-owned businesses. The organization plans to make up to six awards of at least $25,000 through its Women Veteran Entrepreneurship Training Program. 

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> 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.


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