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BAY AREA TECH WIRE -- Sept. 11, 2017
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Inbox Summit East - Sept. 29 - DC
http://www.inboxsummiteast.com/
o Redwood City-Based Equinix to Acquire Europe's Itconic for $259 Million
o San Francisco-Based ChIPs Names Karen Royer as First Executive Director
o San Jose-Based NeoPhotonics Lands New $50 Million Credit Facility
o SIA: July Semiconductor Sales Jump 24% Over Previous Year
> Inbox Summit East - Sept. 29 - DC
o Briefly Noted: Salesforce, Spin Transfer Technologies, Clarus
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o Redwood City-Based Equinix to Acquire Europe's Itconic for $259 Million
Redwood City, Calif. -- Equinix, a Redwood City-based owner and operator of data centers, said on Monday it will pay approximately $259 million in cash to acquire Itconic, a data center, connectivity and cloud infrastructure provider in Spain and Portugal, from private equity firm The Carlyle Group. The deal, which also includes cloud services subsidiary CloudMas, is expected to close by the end of the year. Equinix said the acquisition, which includes five data centers, will strengthen its position in Europe and extend its footprint into two new countries within the region. As a result, the company will serve more than 400 customers in Iberia, including brands such as L'Oreal, Vueling, Deloitte, BNP Paribas, Repsol, Real Madrid, Randstad, Carlson Wagonlit Travel, Aon and Bank of America. "The large-scale deployments of new direct submarine cables between Europe, Latin America and Africa will connect through Iberia, making it a globally relevant key interconnection hub and a geographically important region for Equinix," said Eric Schwartz, the company's EMEA president, EMEA. "Our ongoing growth signifies our commitment to the region and to developing our global footprint."
http://www.equinix.com
http://www.equinix.com/newsroom/press-releases/pr/123575/equinix-to-expand-into-spain-and-portugal-through-acquisition-of-itconic/
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o San Francisco-Based ChIPs Names Karen Royer as First Executive Director
San Francisco -- ChipsNetwork.org (ChIPs), a San Francisco-based nonprofit focused on advancing women in technology, law and policy, on Monday named Karen Royer as its first executive director. Royer most recently served as chief problem solver at The Amplify Lab, and previously worked at The Anita Borg Institute, a nonprofit dedicated to advancing women technologists. There she co-produced the 2015 Grace Hopper Celebration, a large technical conference for women in computing. "Hiring our first executive director is another significant milestone for ChIPs," said co-founder and CEO Mallun Yen. "Karen is a talented executive with a proven track record of building and scaling mission-driven organizations." The organization on Monday also named Dorian Daley, Oracle's executive vice president, general counsel and secretary, to its board of directors. The appointment marks the first time a board seat will be held by a non-founding member of ChIPs, which has grown from an informal group to an organization with more than 2,000 members and seven chapters.
http://chipsnetwork.org/
http://www.prnewswire.com/news-releases/oracle-general-counsel-dorian-daley-joins-chips-board-as-first-outside-director-300516653.html
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o San Jose-Based NeoPhotonics Lands New $50 Million Credit Facility
San Jose, Calif. -- NeoPhotonics, a San Jose-based developer of optoelectronic tools used in high speed communications networks, said on Monday it has landed a new five-year, $50 million revolving credit facility with Wells Fargo Bank, National Association. The company said it has drawn $30 million of the funds, which it will use to pay off its existing facility with Comerica Bank, as well as for working capital needs. "This new credit facility provides NeoPhotonics with lower capital costs, an extended maturity and increased borrowing capacity for continued execution against our strategic priorities globally," said Tim Jenks, the company's president and CEO.
https://www.neophotonics.com/
http://www.businesswire.com/news/home/20170911005287/en/NeoPhotonics-Announces-New-Credit-Facility
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o SIA: July Semiconductor Sales Jump 24% Over Previous Year
Washington, DC -- Worldwide semiconductor sales reached $33.6 billion in July, up 24% from the prior year and more than 3% from June, according to a new report from the Semiconductor Industry Association (SIA). It marked the 12th straight month of year-over-year growth. "Sales in July increased throughout every major regional market and semiconductor product category, demonstrating the breadth of the global market's recent upswing, and the industry is on track for another record sales total in 2017," said John Neuffer, president and CEO of the SIA. The Americas market led the way with growth of 36.1% year-over-year and 5.4% sequentially.
https://www.semiconductors.org/news/2017/09/05/global_sales_report
_2017/global_semiconductor_sales_increase_24_percent_year_to_year_in_july/
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o Briefly Noted:
(San Francisco) San Francisco-based Salesforce, the customer relationship management giant, has named Bernard Tyson to its board of directors. The addition of Tyson, who serves as the chairman and CEO of Kaiser Permanente, increases the size of the board to 12 members.
http://investor.salesforce.com/about-us/investor/investor-news/investor-news-details/2017/Salesforce-Announces-Appointment-of-Bernard-J-Tyson-to-its-Board-of-Directors/default.aspx
(Fremont, Calif.) Fremont-based Spin Transfer Technologies (STT), a developer of high-speed, high-endurance MRAM memory technology, has named Andrew Walker as its vice president of product. Walker most recently was the founder of Schiltron, and previously held roles at Cypress Semiconductor, Artisan Components and Matrix Semiconductor.
http://www.spintransfer.com
http://www.businesswire.com/news/home/20170908005181/en/Spin-Transfer-Technologies-Appoints-Industry-Veteran-Andrew
(South San Francisco) Life sciences investment firm Clarus on Monday named Ian Clark as its operating partner, based in the firm's South San Francisco office. Clark previously served as CEO of Genentech and as head of Roche's North American commercial operations.
https://www.clarusfunds.com/
http://www.prnewswire.com/news-releases/clarus-appoints-former-genentech-ceo-ian-clark-as-operating-partner-300516831.html
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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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