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BAY AREA TECH WIRE -- July 27, 2017
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Inbox Summit East - Sept. 29 - DC
http://www.inboxsummiteast.com/
o Sunnyvale-Based ShoreTel to be Acquired by Canadian-Rival Mitel
o San Francisco-Based RealtyShares Buys Acquire Real Estate
o Santa Clara-Based Ayla Networks Names Jonathan Cobb as COO
o San Francisco-Based Luminate Capital Invests in StarCompliance
o Foxconn Unveils Plans for $10 Billion U.S. LCD Manufacturing Facility
> Inbox Summit East - Sept. 29 - DC
o Briefly Noted: Rescale. Casetext
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Inbox Summit East - Sept. 29 - DC
--Senior Ruby Platform Engineer, Mountain View CA - $170k
--Mid-Atlantic Marketing Summit - Baltimore - Sept 15
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 Sunnyvale-Based ShoreTel to be Acquired by Canadian-Rival Mitel
Sunnyvale, Calif. -- Nearly three years after rejecting an acquisition bid by rival Mitel, Sunnyvale-based ShoreTel, the large provider of business communications tools, said on Thursday it will be acquired by the Canadian company in a deal valued at $430 million. Mitel will pay $7.50 a share through a cash tender offer, with the sale expected to close by the end of September. The combined company will be headquartered in Ottawa under the Mitel name, led by current CEO Rich McBee. It will have approximately 4,200 employees and sales of $1.3 billion, making it the No. 2 player in the UCaaS (Unified Communications as a Service) market. "This is a very natural combination that enables us to continue to consolidate the industry and take advantage of cost synergy opportunities while adding new technologies and significant cloud growth to our business," said McBee. ShoreTel in 2014 rejected Mitel's takeover bid of $8.50 a share.
https://www.shoretel.com/
http://www.mitel.com/
https://www.shoretel.com/news/mitel-announces-definitive-agreement-acquire-shoretel
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o San Francisco-Based RealtyShares Buys Acquire Real Estate
San Francisco -- RealtyShares, the San Francisco-based developer of an online marketplace for real estate investing, said on Thursday it has acquired New York-based rival Acquire Real Estate. Financial terms of the deal were not disclosed. Led by CEO Josh Klimkiewicz and CTO Gerry Polucci, Acquire has focused on developing technology products to serve its commercial sponsors and investors. It was the first real estate marketplace to introduce a real estate exchange, investor profiles, a dynamic investment calculator and self-directed IRA investing. Both Klimkiewicz and Polucci will join RealtyShares as part of the acquisition, spearheading integration from the company's East Coast office. "RealtyShares and Acquire share a vision that technology will make real estate investing easier and more accessible," said founder and CEO Nav Athwal.
http://www.realtyshares.com
https://www.acquirerealestate.com
http://www.businesswire.com/news/home/20170727005473/en/RealtyShares-Acquires-Rival-Platform-Accelerate-Phase-Innovation
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o Santa Clara-Based Ayla Networks Names Jonathan Cobb as COO
Santa Clara, Calif. -- Ayla Networks, the Santa Clara-based developer of an Internet of Things (IoT) platform for manufacturers, on Thursday named Jonathan Cobb as its chief operating officer (COO). Cobb most recently served as the senior vice president of consumer solutions at Arris, working in the U.K. company's Bay Area office, and previously was the president of software and services at Pace. Ayla's cloud platform is designed to let manufacturers simplify the inherent complexity of the Internet of Things (IoT), allowing them to turn their products into smart connected systems.
http://www.aylanetworks.com
http://www.businesswire.com/news/home/20170727005216/en/Ayla-Networks-Names-Jonathan-Cobb-Chief-Operating
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o San Francisco-Based Luminate Capital Invests in StarCompliance
San Francisco -- Luminate Capital Partners, a San Francisco-based private equity firm, said on Thursday it has invested an unspecified amount in Maryland-based StarCompliance, a developer of enterprise compliance and regulatory software for the financial services industry. "This investment will help us further strengthen our market position and drive continued product innovation," said CEO Marc Epstein. StarCompliance's platform is designed to help financial services institutions manage, prevent and resolve employee conflicts by monitoring employee activities such as personal trading, gifts and entertainment, political contributions and outside business activities. The software is currently used by more than 100 clients, including banks, investment management firms, insurance firms, pension plans, hedge funds and private equity firms. Luminate's Hollie Haynes, Scott Kingsfield, Mark Haidet and Dave Ulrich will join the company's board of directors.
http://www.starcompliance.com/
http://www.luminatecapital.com
http://www.prnewswire.com/news-releases/starcompliance-and-luminate-capital-announce-strategic-investment-300495128.html
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o Foxconn Unveils Plans for $10 Billion U.S. LCD Manufacturing Facility
Washington, DC -- Foxconn, a Taiwanese electronics manufacturer that counts Apple among its top clients, said it will spend $10 billion over the next four years to build a massive new liquid crystal display (LCD) panel manufacturing facility in Wisconsin. The company made the announcement Wednesday at the White House. The new facility, toi initially employ 3,000 workers, will manufacture LCD panels for products such as televisions, self-driving cars and aircraft systems. Foxconn said it marks the first in a series of investments the company plans to make in the U.S. over the coming years. "This is part of a bigger plan to create a robust 8K+5G ecosystem in the United States," said founder and CEO Terry Gou.
http://www.foxconn.com/
http://www.prnewswire.com/news-releases/foxconn-announces-launch-of-intelligent-manufacturing-ecosystem-in-us-during-white-house-event-300494861.html
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o Briefly Noted:
(San Francisco) San Francisco-based Rescale, developer of a platform for engineering simulation and scientific research, has named Gabriel Broner as its vice president and general manager of high-performance computing. Broner most recently was the vice president and general manager of high-performance computing at SGI, and previously served as an operating system architect at Cray, a general manager at Microsoft and head of innovation at Ericsson.
http://www.rescale.com/
http://www.businesswire.com/news/home/20170725005376/en/Rescale-Appoints-Gabriel-Broner-Vice-President-General
(San Francisco) San Francisco-based Casetext, a provider of artificial intelligence (AI)-based legal research technology for lawyers, has named Andrea Austin as its vice president of sales. Austin most recently led channel, mid-market and enterprise sales and services teams at InsideView, and previously held roles at Varolii, IBM, Symphony Technology Group, Vitria Technology, DigitalThink and PeopleSoft.
http://www.casetext.com
http://www.businesswire.com/news/home/20170726005361/en/Casetext-Names-Andrea-Austin-Vice-President-Sales
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Job/Event/Services Listings:
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> Sr. Ruby Platform Engineer, Mountain View, CA - $170k
We're looking for a top caliber engineer with experience in building a data platform at internet scale. Our client's platform interacts with multitude of health/fitness devices and apps real time data streams. The ideal candidate will have top-notch skills, and preferably has experience working on early stage consumer service platforms. This is an opportunity to be part of a promising early stage startup in the exciting digital health/fitness space and to drive a new generation health/fitness platform architecture. If you've got the right skills and passion, we want you! What you'll be doing: Architecting, building, testing and refining new products and services throughout the backend platform stack, including cache, workflow, controller, and data. Evolving various stack components to scale and address new service requirements. Designing and developing REST API and integration points for various platform services. Brainstorming and prototyping new concepts and approaches fast. Turning prototypes into real things Qualifications: Worked on large scale SOA consumer systems. Fluency in Ruby and Ruby on Rails. Experience with designing REST based API's for consumer based services. At least 5 years of experience designing and building backend software platforms. Expert knowledge in optimization and scalability using various technologies. Experience with MySQL and MongoDB. Able to design and write well-structured, easily maintainable, well-documented code that balances beauty and pragmatism. Demonstrable track record building distributed, clustered, high-throughput applications. Talent and drive to build a winning product and platform. A team player in a flat-structured, highly collaborative agile environment is a must. Strong academic background, preferably in Computer Science If interested, please email resume to greg@chiefpeople.com.
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> Inbox Summit East - Sept. 29 - Washington, DC
Inbox Summit East is a one-day conference that puts a spotlight on the latest and most effective techniques for email marketing. With dozens of panels, presentations and networking opportunities, the summit in Washington, D.C. will take a deep dive into current developments in email marketing and email strategy. Topics will include: Email Deliverability Issues, Current Email Metrics, Integrating Email With Social and Mobile Platforms, Email Content, List Building and Maintenance, Personalized and Customer Centric Email, and the Future of Email.
http://www.inboxsummiteast.com/
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> Mid-Atlantic Marketing Summit - Baltimore - Sept. 15
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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