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BAY AREA TECH WIRE -- April 17, 2017
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Sponsored By: Fairfax County Economic Development Authority
http://www.fairfaxcountyeda.org/bay-area-tech-wire
o Santa Rosa-Based Keysight Technologies to Complete Ixia Deal on Tuesday
o NantOmics Acquires San Francisco-Based Genos
o San Francisco-Based Chain Names Tom Jessop as President
o NASA to Broadcast First 360-Degree Live Stream of Rocket Launch
o Briefly Noted: ripe.io - Terra, DataDirect Networks
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Baird Global Technology Investment Banking
--Mid-Atlantic Marketing Summit - April 21 - DC
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o Santa Rosa-Based Keysight Technologies to Complete Ixia Deal on Tuesday
Santa Rosa, Calif. -- Keysight Technologies, the Santa Rosa-based developer of test and measurement tools, said it expects to complete its $1.6 billion acquisition of Calabasas-based Ixia on Tuesday after receiving antitrust clearance from Russian regulators. The companies already had received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, clearance under the antitrust laws of Germany and Israel and approval of the acquisition by Ixia's shareholders. Keysight in January said it would pay $19.65 a share for Ixia, a developer of application testing, visibility and security tools. The combined company will develop technologies spanning electronic design, device and network validation, and application and security performance.
http://www.keysight.com
http://www.ixiacom.com
http://www.businesswire.com/news/home/20170413006182/en/Keysight-Technologies-Ixia-Announce-Receipt-Final-Regulatory
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o NantOmics Acquires San Francisco-Based Genos
San Francisco -- NantOmics, a Culver City-based developer of molecular diagnostics, said it has acquired San Francisco-based Genos, developer of a platform for genomics research and discovery. Financial terms of the deal were not disclosed. NantOmics said it plans to integrate Genos' technology, technical expertise and data visualization and research platform into its analysis tools. Patrick Soon-Shiong, the founder and CEO of NantOmics, said the acquisition will bolster its diagnostic platform, which delivers "patient-specific pan-omic information and, ultimately, improves disease diagnosis and treatment." Genos, which was spun out of Complete Genomics last year, said its employees will join the new company.
http://www.nantomics.com
http://www.prnewswire.com/news-releases/nantomics-acquires-genos-to-bolster-its-precision-medicine-platform-300439634.html
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o San Francisco-Based Chain Names Tom Jessop as President
San Francisco -- Chain, a San Francisco-based tech firm that helps build and operate blockchain networks, on Monday named former Goldman Sachs executive Tom Jessop as its president. Jessop most recently served as managing director of technology business development and chief financial officer (CFO) of the technology division at Goldman Sachs, where he spent 17 years. Chain was founded in 2014 and has raised over $40 million in funding from Khosla Ventures, RRE Ventures and partners including Capital One, Citigroup, Fiserv, Nasdaq, Orange and Visa.
http://www.chain.com
http://www.prnewswire.com/news-releases/chain-appoints-tom-jessop-as-president-300440068.html
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o NASA to Broadcast First 360-Degree Live Stream of Rocket Launch
Washington, DC -- Space agency NASA said it will team with United Launch Alliance and Orbital ATK on Tuesday to broadcast the world's first live 360-degree stream of a rocket launch. The live stream of the cargo resupply mission liftoff to the International Space Station will be aired on NASA's YouTube channel starting 10 minutes prior to lift off, currently scheduled for Tuesday morning at 11:11 a.m. EDT Orbital ATK's Cygnus spacecraft will launch on a ULA Atlas V rocket from Cape Canaveral carrying more than 7,600 pounds of science research, crew supplies and hardware to the orbiting laboratory. To see the launch in 360 degrees, viewers can use a mouse or move their personal device to look up and down, back and forth. YouTube supports playback of 360-degree videos on computers using Chrome, Firefox, Internet Explorer and Opera browsers. Viewers may use the YouTube app to view the launch on a smart phone. Those who own virtual reality headsets will be able to look around and experience the view as if they were actually standing on the launch pad.
http://youtube.com/nasatelevision
https://www.nasa.gov/press-release/watch-world-s-first-live-360-degree-video-of-rocket-launch-april-18
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o Briefly Noted:
(San Francisco) San Francisco-based ripe.io, a startup developing an infrastructure of distributed ledgers, IoT technology and sensors for the food supply chain, said on Monday it has been selected for the inaugural class of Terra, a food and ag-tech accelerator founded by Rabobank and RocketSpace. The cohort, which includes representatives from five countries, launched Monday at RocketSpace's tech campus in San Francisco.
http://ripe.io/
http://www.businesswire.com/news/home/20170417005294/en/ripe.io-Selected-Terra-Food-Ag-Accelerator
(Santa Clara, Calif.) Santa Clara-based DataDirect Networks (DDN), a developer of big data storage technology, on Monday named Jessica Popp as general manager of its newly created Infinite Memory Engine (IME) business unit. Popp most recently was engineering director of the High Performance Data Division at Intel.
http://www.ddn.com/press-releases/ddn-names-jessica-popp-general-manager-ime-business-unit/
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> Baird Commentary: How the IoT Revolution Is Driving Consolidation
In a recent commentary on the ever-evolving Internet of Things (IoT) revolution, Baird's senior technology bankers discuss how the proliferation of IoT-enabled software and services and ongoing industry consolidation. Today's sophisticated IoT software and systems not only connect disparate devices, they collect, verify and cleanse data -- diminishing the long-time challenge of cutting through "noise" inherent to data aggregation and facilitating in-depth analysis and application of the collected information into actionable intelligence. This IoT revolution is quickly catching up to its hype by transforming businesses across many sectors. The value of IoT technology has become imperative, and growing demand is fueling tremendous acquisition interest from a diverse range of buyers, pushing competition higher and accelerating consolidation in the space. Read Baird's insights into this rapidly evolving space and the related M&A activity: http://www.rwbaird.com/news/Unlocking-Intelligence
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