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BAY AREA TECH WIRE -- June 2, 2017
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Mid-Atlantic Marketing Summit - Baltimore - Sept 15 (Flash Sale)
http://www.mamsummit.com
o Santa Clara-Based Arevo Lands New Investment from In-Q-Tel
o San Francisco's Globant Acquires PointSource
o Apple: Developer Earnings from the App Store Top $70 Billion
o Business Law Firm Womble Carlyle to Merge with Bond Dickinson
o Survey: Nearly Half of U.S. Firms Using IoT Hit By Security Breaches
> Mid-Atlantic Marketing Summit - Baltimore - Sept 15 (Flash Sale)
o Briefly Noted: IGN Entertainment, Roostify
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Mid-Atlantic Marketing Summit - Baltimore - Sept 15
--Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
--Baird Global Technology Investment Banking
Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section
Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com
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o Santa Clara-Based Arevo Lands New Investment from In-Q-Tel
Santa Clara, Calif. -- Arevo, a Santa Clara-based developer of composite additive manufacturing technology, said it has landed a new investment as part of a larger technology development agreement with In-Q-Tel, the Virginia-based venture fund backed by the CIA. Financial terms of the deal were not disclosed. Arevo said its technology -- which involves software, materials, a composite additive process and robotics -- can produce ultra strong and lightweight composite parts to replace metal parts for production applications. The company offers mass-customized 3D printed composite parts in high volume. "We have made steady progress over the past year in defense applications and we believe our work with IQT will open more doors for us," said co-founder and CEO Hemant Bheda.
http://www.arevolabs.com
http://www.iqt.org
http://www.businesswire.com/news/home/20170601005902/en/AREVO-Announces-Strategic-Investment-Technology-Development-Agreement
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o San Francisco's Globant Acquires PointSource
San Francisco -- Globant, an Argentina-based provider of digital strategy consulting services with U.S. offices in San Francisco, said it has acquired North Carolina-based PointSource, a provider of digital design and development services specializing in retail, supply chain and insurance. Financial terms of the deal were not disclosed. The acquisition adds 76 employees, and expands Globant's U.S. footprint into two new cities -- Raleigh, N.C. and Chicago. Founded in 2004, PointSource works with brands such as Johnson & Johnson, Security First Insurance, Primerica, LabCorp, Covance, Allstate, Finish Line, Soccer.com and Kohl's. "The company's unique focus on digital transformation and agile solutions will strengthen Globant's goal of creating innovative software products that appeal to millions of users," said co-founder and CEO MartÃn Migoya.
http://www.globant.com
https://www.pointsource.com/
http://www.prnewswire.com/news-releases/globant-acquires-pointsource-to-reinforce-its-focus-in-digital-transformation-300467556.html
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o Apple: Developer Earnings from the App Store Top $70 Billion
Cupertino, Calif. -- Nine years after launching its ever-popular App Store, Cupertino-based Apple said that developers now have earned more than $70 billion through the platform, with downloads growing 70% in the past 12 months alone. A growing portion of the store's revenue has come from subscriptions, which now are available across all 25 app categories. App Store active paid subscriptions are up 58% year over year, the company said. The news comes ahead of Apple's Worldwide Developers Conference in San Jose.
https://www.apple.com/newsroom/2017/06/developer-earnings-from-the-app-store-top-70-billion/
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o Business Law Firm Womble Carlyle to Merge with Bond Dickinson
Winston-Salem, N.C. -- Womble Carlyle Sandridge & Rice, the large business law firm with offices in Palo Alto, said it will combine with U.K.-based counterpart Bond Dickinson in a merger of equals. The new firm, Womble Bond Dickinson, will have more than 420 partners and 1,000 lawyers in 23 cities when it officially launches in October. "While we maintain our steadfast commitment to local clients in all of our markets, the transatlantic foundation will create particular opportunities for further development and expansion in key hubs, such as Atlanta; Charlotte; Raleigh; Washington D.C.; and Silicon Valley, along with other U.S. markets where we are building our footprint," said Betty Temple, the chair and CEO of Womble Carlyle.
http://www.womblebonddickinson.com
http://www.wcsr.com/Insights/News/2017/June/Bond-Dickinson-and-WC-Approve-Transatlantic-Combination
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o Survey: Nearly Half of U.S. Firms Using IoT Hit By Security Breaches
San Francisco -- Nearly half of U.S. firms using an Internet of Things (IoT) network have been hit by a recent security breach, according to a new survey by San Francisco-based consulting firm Altman Vilandrie & Company. The survey, which polled approximately 400 IT executives across 19 industries, showed that 48% percent of firms have experienced at least one IoT security breach. It also showed just how expensive these breaches can be. Companies in the survey with less than $5 million in annual revenue said the incidents cost them 13.4% of their total revenue, while larger firms put the costs into the tens of millions. "While traditional cybersecurity has grabbed the nation's attention, IoT security has been somewhat under the radar, even for some companies that have a lot to lose through a breach," said Stefan Bewley, who co-directed the survey. "IoT attacks expose companies to the loss of data and services and can render connected devices dangerous to customers, employees and the public at large. The potential vulnerabilities for firms of all sizes will continue to grow as more devices become Internet dependent." The complete survey is at the link below.
http://www.businesswire.com/news/home/20170601006165/en
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> Mid-Atlantic Marketing Summit - Baltimore - Sept. 15 (Flash Sale)
The Mid-Atlantic Marketing Summit: Baltimore will be held on Sept. 15 at Pier 5 Hotel in Baltimore. Now in its sixth year, the annual summit has become the "must-attend" marketing event for the Mid-Atlantic region and beyond. The summit brings together 300+ CMOs, Senior Marketers, Agency Professionals and Technology Executives from throughout the Mid-Atlantic area. The event features dozens of case studies, keynotes, and presentations on the most important issues facing marketers in 2018.
http://mamsummit.com/
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o Briefly Noted:
(San Francisco) San Francisco-based IGN Entertainment, a San Francisco-based Internet media company focused on the video game and entertainment enthusiast markets, has named Mitch Galbraith as executive vice president and general manager. Galbraith most recently served as the chief operating officer (COO) of Funny or Die where he was the company's first employee. He also was the co-founder and CEO of FlickMe.
http://corp.ign.com/press/2017/ign-entertainment-expands-senior-leadership-team-mitch-galbraith-to-take-on-executive-vice-president-general-manager-role
(San Francisco) San Francisco-based Roostify, a provider of automated mortgage transaction technology, has named Sandeep Aji as its vice president of products. Aji previously was the co-founder and CEO of Impartus, and earlier managed the Optical Products Group business at Intersil.
https://www.roostify.com/press-release-archive/2017/6/1/roostify-names-sandeep-aji-as-vice-president-of-products
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Job/Event/Services Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> Mid-Atlantic Marketing Summit - Baltimore - Sept. 15 (Flash Sale)
The Mid-Atlantic Marketing Summit: Baltimore will be held on Sept. 15 at Pier 5 Hotel in Baltimore. Now in its sixth year, the annual summit has become the "must-attend" marketing event for the Mid-Atlantic region and beyond. The summit brings together 300+ CMOs, Senior Marketers, Agency Professionals and Technology Executives from throughout the Mid-Atlantic area. The event features dozens of case studies, keynotes, and presentations on the most important issues facing marketers in 2018.
http://mamsummit.com/
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> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."
http://www.fairfaxcountyeda.org/bay-area-tech-wire
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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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> Advertising on Bay Area Tech Wire
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