========================================== BAY AREA TECH WIRE -- Oct. 3, 2017 ========================================== Online registration link can be found by clicking here o o o o o o Briefly Noted: Matterport, AOPEN _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Baird - A Global Technology Investment Banking --Financial Diaries: Building Financial Resilience in the Bay Area - Oct. 4 --Campaigns & Marketing Summit - DC - Nov. 13 Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com _____________________________________________ o Former Intel CEO Paul Otellini Dies at Age 66 Santa Clara, Calif. -- Intel Corporation announced on Tuesday that the company's former CEO Paul Otellini died in his sleep on Monday. He was 66. Otellini became Intel's fifth chief executive officer in 2005. He was CEO for eight years. During his tenure, Intel nearly doubled its revenue. "We are deeply saddened by Paul's passing," Intel CEO Brian Krzanich said. "He was the relentless voice of the customer in a sea of engineers, and he taught us that we only win when we put the customer first." Otellini was born in San Francisco in 1950. He received a bachelor's degree in economics from the University of San Francisco in 1972, and an MBA from Berkeley in 1974. He joined Intel in 1974 and served in a number of positions, including general manager of various Intel divisions. In 1989 he became chief of staff to then-CEO Andy Grove. https://newsroom.intel.com/news-releases/paul-s-otellini-1950-2017/ _____________________________________________ o Salesforce Launches $50 Million Fund for Social Good San Francisco -- Salesforce announced on Tuesday the launch of a new $50 million fund that will back companies using Salesforce technology for social good. The fund will target companies addressing workforce development, equality, and sustainability. The first funding recipients include Angaza, Ellevest, Hustle, and ViridisLearning. "Salesforce Ventures is investing in companies that are not only creating innovative solutions for customers, but also improving the state of the world," said John Somorjai, EVP of Corporate Development and Salesforce Ventures. https://www.salesforce.com/company/ventures/impact/ _____________________________________________ o San Mateo-based AtScale Raises $25 Million in Third Round San Mateo, Calif. -- AtScale, a San Mateo-based developer of software for managing data, announced on Tuesday that it has raised $25 million in its third round of funding. The round was led by Atlantic Bridge. Other backers included Wells Fargo Securities, Industry Ventures, Storm Ventures, UMC Capital, Comcast Ventures, and XSeed Capital. http://www.atscale.com/press/atscale-raises-25m-series-c-round-modernize-business-intelligence-market/ _____________________________________________ o Extreme Networks Acquires Brocade's Data Center Networking Business San Jose, Calif. -- Extreme Networks announced on Tuesday that it has signed an asset purchase agreement to acquire the data center networking business from Brocade Communications Systems. Under the deal, Extreme Networks will purchase Brocade's Switching, Routing and Analytics (SRA) data center business. The transaction is expected to close within 30 days. As part of the transaction, Extreme will also acquire customers, personnel, and technology assets from Brocade. http://investor.extremenetworks.com/releasedetail.cfm?ReleaseID=1042534 _____________________________________________ o Microsoft Acquires Virtual Reality Startup AltspaceVR San Francisco -- TechCrunch reported on Tuesday that Microsoft will acquire social VR startup AltspaceVR. Financial terms of the deal were not disclosed. AltspaceVR raised $15 million in venture capital from Comcast Ventures, GV, Formation 8 and others. "Microsoft is excited to incorporate communications technology into our mixed reality ecosystem. Today's social experiences can be one sided -- text, photos, and videos are posted by a single person, to be consumed by others later," a Microsoft spokesperson told TechCrunch in a statement. "But AltspaceVR takes social networks, combines them with real-time experiences." https://techcrunch.com/2017/10/03/microsoft-acquires-social-virtual-reality-app-altspacevr/ _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| > Financial Diaries: Building Financial Resilience in the Bay Area Join us on October 4th from 1-4PM at the Federal Reserve Bank of San Francisco for a special discussion with the authors of "The Financial Diaries: How Americans Cope in a World of Uncertainty," followed by a panel about the challenges to helping working class families build financial resilience in the Bay Area. All attendees will receive a copy of the book; speakers include co-authors Jonathan Morduch and Rachel Schneider; Sean Kline (SF Office of Financial Empowerment), Linda Bidrossian (Bay Area Council), Lewis Brown (PolicyLink), Charise Fong (East Bay Asian Local Development Corp). Event made possible by the generous support of Citi Foundation. Online registration link can be found by clicking here |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (Sunnyvale, Calif.) Media technology company Matterport announced on Tuesday the appointment of J.D. Fay as its CFO. He was previously CFO at View, Inc. https://prnmedia.prnewswire.com/news-releases/matterport-appoints-cfo-to-help-drive-global-expansion-300529451.html (San Jose, Calif.) AOPEN, an electronics manufacturer, announced on Tuesday that David Petricig has been named director of sales. Petricig has previously worked at Signagelive, Polycom, ClearOne Communications, and Logitech. http://www.aopen.com/us/aopen-america-welcomes-david-petricig-as-director-of-sales =================================================== Job/Event/Services Listings: =================================================== To Post in Job/Event/Marketplace: http://www.bayareatechwire.com 7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300 > Baird - A Global Leader in Technology Banking Baird's Global Technology & Services Investment Banking team delivers insightful, value-added services and expertise to middle-market clients across a broad range of sector verticals. We combine deep sector knowledge, an expansive relationship network, and premier M&A and capital-raising capabilities to help companies pursue growth plans or consider strategic alternatives. Access the advantages of Baird's global Technology banking capabilities. Learn more at: http://techservices.rwbaird.com/investment-banking/ _____________________________________________ > Financial Diaries: Building Financial Resilience in the Bay Area Join us on October 4th from 1-4PM at the Federal Reserve Bank of San Francisco for a special discussion with the authors of "The Financial Diaries: How Americans Cope in a World of Uncertainty," followed by a panel about the challenges to helping working class families build financial resilience in the Bay Area. All attendees will receive a copy of the book; speakers include co-authors Jonathan Morduch and Rachel Schneider; Sean Kline (SF Office of Financial Empowerment), Linda Bidrossian (Bay Area Council), Lewis Brown (PolicyLink), Charise Fong (East Bay Asian Local Development Corp). Event made possible by the generous support of Citi Foundation. Online registration link can be found by clicking here _____________________________________________ > Advertising on Bay Area Tech Wire Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/ =================================================== Subscribe to other newsletters from Tech Wire Media Group: Potomac Tech Wire: http://www.potomactechwire.com Bay Area Tech Wire: http://www.bayareatechwire.com Advertising: If you are interested in advertising in our newsletters, call Paul Sherman at 1-301-656-0057 x1103 or send email to paul@techwiremedia.com News tips, press releases. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: P.O. Box 15180 Washington, DC 20003 Copyright: CapWire Inc. 2017
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