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BAY AREA TECH WIRE -- Dec. 6, 2016
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o Redwood City-Based Equinix to Pay $3.6 Billion for Verizon Data Centers
o Supreme Court Rules in Favor of Samsung in Apple Patent Case
o San Francisco-Based Thoma Bravo to Sell Deltek for $2.8 Billion
o Election and Trump Top Yahoo's List of Most Searched Terms in 2016
o Briefly Noted: Rahi Systems, Avi Networks, Cyence,
Open Networking Foundation,
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o Redwood City-Based Equinix to Pay $3.6 Billion for Verizon Data Centers
Redwood City, Calif. -- Equinix, the Redwood City-based owner and operator of data centers, said on Tuesday it will pay $3.6 billion in cash to acquire 24 data center sites from Verizon Communications, including sites in Santa Clara and San Jose. The sites consist of 29 data center buildings across 15 metro areas. Equinix said the deal, expected to close in mid-2017, will increase interconnection in the U.S. and Latin America, put into three new markets and accelerate its penetration in the enterprise and strategic market sectors, including government and energy. "This unique opportunity complements and extends Equinix's strategy to expand our global platform," said Steve Smith, the president and CEO of Equinix. "It enables us to enhance cloud and network density to continue to attract enterprises, while expanding our presence in the Americas." The acquired portfolio includes approximately 900 customers. Approximately 250 Verizon employees, primarily in the operations functions of the acquired data centers, will become Equinix employees.
http://www.equinix.com/newsroom/press-releases/pr/123510/equinix-to-acquire-portfolio-of-24-data-center-sites-from-verizon-in-3-6-billion-deal/
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o Supreme Court Rules in Favor of Samsung in Apple Patent Case
Washington, DC -- The Supreme Court on Tuesday ruled unanimously that Samsung may not have to pay smartphone-rival Apple hundreds of millions in damages for infringing on the company's iPhone design patents. The 8-0 decision threw out an earlier appeals court ruling that awarded Apple $399 million in damages. Cupertino-based Apple originally had sued Samsung in 2011, claiming that the South Korean company violated design patents covering a rectangular front face with rounded edges and a grid of colorful icons on a black screen. In its opinion Tuesday, however, the Supreme Court ruled that violation involved only certain components of the iPhone, and not the entire device. In her opinion for the court, Justice Sonia Sotomayor wrote that the case revolved around the scope of the term "article of manufacture." "The only question we resolve today is whether, in the case of a multicomponent product, the relevant `article of manufacture' must always be the end product sold to the consumer or whether it can also be a component of that product," wrote Sotomayor. "The term `article of manufacture' is broad enough to embrace both a product sold to a consumer and a component of that product, whether sold separately or not. Thus, reading `article of manufacture'… to cover only an end product sold to a consumer gives too narrow a meaning to the phrase." The result, most likely, will be a significantly reduced amount of damages.
https://www.supremecourt.gov/opinions/16pdf/15-777_7lho.pdf (PDF of decision)
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o San Francisco-Based Thoma Bravo to Sell Deltek for $2.8 Billion
San Francisco -- Thoma Bravo, the San Francisco-based private equity firm, said on Tuesday it will sell Deltek, the Virginia-based provider of software and information services to government contractors and professional services firms, to Florida-based Roper Technologies in an all-cash deal valued at $2.8 billion. Thoma Bravo had acquired the company in 2012 for $1.1 billion. Deltek will retain its name, brand, office locations and team of 2,400 employees under the deal, which is expected to close by year's end. "Roper provides Deltek with a permanent home and a long-term foundation that we can use to further solidify our position," said Mike Corkery, the president and CEO of Deltek, who will continue to lead the business. More than 22,000 organizations use Deltek's software to capture opportunities, recruit and develop talent, optimize resources, streamline operations and deliver their projects. "We look forward to partnering with Mike and the management team to take all that is great about Deltek and accelerate its essential strengths moving forward," said Brian Jellison, Roper's chairman, president and CEO.
http://www.deltek.com
https://www.deltek.com/en/about/media-center/press-releases/2016/deltek-to-be-acquired-by-roper-technologies
http://www.ropertech.com/roper-technologies-acquire-deltek-leading-provider-software-and-solutions-project-based-businesses
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o Election and Trump Top Yahoo's List of Most Searched Terms in 2016
Sunnyvale, Calif. -- The 2016 election and Donald Trump were the most popular search terms this year on Yahoo, the Sunnyvale-based company announced on Tuesday. Role-play game Roblox came in at No. 3 on the list, which also included women such as Gwen Stefani, Jodie Sweetin, Megyn Kelly and Hillary Clinton in six of the top 10 spots. Several tech companies also landed on the list of most searched through Yahoo Finance, led by Apple, Facebook and Twitter, which finished 1-2-3. The complete list is at the link below.
http://www.businesswire.com/news/home/20161206005574/en/Yahoo%E2%80%99s-2016-Year-Review-Top-Searched-Celebrities
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o Briefly Noted:
(Fremont, Calif.) Fremont-based Rahi Systems, a developer of technology designed to improve the performance of data centers, said on Tuesday it has opened new offices in Germany, the U.K. and Turkey, and expanded its local integration facilities in Ireland and China. The company also has named Kay Kellerhof as its director of sales for the DACH region, Chris Austin as its director of sales for the U.K. and Timucin Yildrim as its director of sales for Turkey.
http://www.rahisystems.com/rahi-systems-expands-its-global-presence/
(Santa Clara, Calif.) Santa Clara-based Avi Networks, a provider of application delivery tools and services, on Tuesday named Dan Warmenhoven to its board of directors. Warmenhoven is the former chairman and CEO of NetApp who also currently serves on the boards of Palo Alto Networks and Bechtel.
https://avinetworks.com/news/warmenhoven-joins-avi-board-of-directors
(San Francisco) San Francisco-based Cyence, a developer of technology designed to let the insurance industry model the economic impact of cyber risk, on Tuesday named John Merchant as its director of business development. Merchant, who will be based out of the company's New York office, most recently oversaw the launch of the U.S. cyber underwriting division at Validus Specialty Underwriters, and previously led similar efforts for both Nationwide and AIG.
http://www.cyence.net
http://www.prnewswire.com/news-releases/cyence-adds-industry-veteran-for-cyber-insurance-business-development-300373538.html?tc=eml_cleartime
(Palo Alto, Calif.) The Palo Alto-based Open Networking Foundation (ONF), a non-profit focused on accelerating the adoption of open Software-Defined Networking, on Tuesday named Timon Sloane as its vice president of standards and membership. Sloane most recently served as a product strategy and management consultant at Ericsson.
https://www.opennetworking.org/
http://www.businesswire.com/news/home/20161206005438/en/Open-Networking-Foundation-Names-Vice-President-Standards
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> California-based Marketing Representative - Fairfax County EDA
The Fairfax County (Virginia) Economic Development Authority seeks a Los Angeles/Orange County-based marketing and business development representative. Responsibilities include promoting Fairfax County as a technology center to California companies considering expansion to the east coast. Fairfax County, home to approximately 9,000 technology companies is located just outside of Washington DC. For further details, visit the FCEDA web site at http://www.fairfaxcountyeda.org/about-fceda/contracting-opportunities or contact Flor Morrobel at fmorrobel@fceda.org Responses are due on December 30, 2016 by 2:00 p.m. ET. Proposals submitted via email and/or fax will not be considered. Qualified applicants will be interviewed in California the week of February 6, 2017.
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> 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 bill.hoffman@trustedforce.com.
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> 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 www.linkedin.com/in/kevinpyoung. For an introductory call, please contact Kevin at 703-794-1100 or kevinpyoung@earthlink.net.
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