| ============================================ BAY AREA TECH WIRE -- Feb. 15, 2012 ============================================ To Subscribe: www.bayareatechwire.com o Thoma Bravo Completes $1.3 Billion Deal for Blue Coat Systems o Milpitas-Based SanDisk Acquires Sunnyvale-Based FlashSoft o Santa Clara-Based Vantage Data Centers Lands $135 Million Credit Facility o Parthenon Capital Partners Raises $700 Million for New Fund o FCC Blocks LightSquared's Network Amid Concerns About GPS Interference o Briefly Noted: Vision Entrepreneur Awards, Glam Media, Highland Capital Partners _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --How to Understand the Digital Differences to Succeed in Business --Cloud Connect Santa Clara - Feb. 13 to 16 --Whitepaper: The Secret to Online User Adoption --Clean Energy & Smart Grid Directory - Special Limited-Time Discount Offer --Enterprise Sales Manager --Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers Ad Descriptions Below Briefly Noted Section Post Job/Event/Marketplace ad: http://www.bayareatechwire.com _____________________________________________ o Thoma Bravo Completes $1.3 Billion Deal for Blue Coat Systems San Francisco -- An Investor group led by Thoma Bravo, the San Francisco-based private equity firm, said on Wednesday it has completed its $1.3 billion acquisition of Sunnyvale-based Blue Coat Systems, a developer of web security and WAN optimization technology. Stockholders received $25.81 a share under the deal, which will take the company private. Blue Coat's stock will cease to trade upon the close of the Nasdaq on Wednesday, and Gregory Clark, its president and CEO, will retain his current roles. "The security and network acceleration markets have tremendous growth opportunities, and Blue Coat as a private company is now well poised to further strengthen its market leadership," said Orlando Bravo, managing partner of Thoma Bravo. The deal was first announced in early December. http://www.bluecoat.com http://www.thomabravo.com http://www.bluecoat.com/company/press-releases/blue-coat-operate-privately-held-company-and-aggressively-advance-its _____________________________________________ o Milpitas-Based SanDisk Acquires Sunnyvale-Based FlashSoft Milpitas, Calif. -- SanDisk, the Milpitas-based maker of Flash memory storage devices, said on Wednesday it has acquired Sunnyvale-based FlashSoft, a developer of caching software products. Financial terms of the deal were not disclosed. SanDisk said the acquisition will expand its solid state disk drive (SSD) portfolio. The company plans to sell FlashSoft's products as standalone software, targeting Windows, Linux and VMWare platforms, as well as offer them in combination with its own portfolio of SAS, PCIe and SATA products. FlashSoft last June raised $3 million in its first round of funding, led by Thomvest Ventures. http://www.sandisk.com/ http://flashsoft.com/ http://www.sandisk.com/about-sandisk/press-room/press-releases/2012/sandisk-acquires-flashsoft _____________________________________________ o Santa Clara-Based Vantage Data Centers Lands $135 Million Credit Facility Santa Clara, Calif. -- Vantage Data Centers, a Santa Clara-based developer of wholesale data centers, said on Wednesday it has landed a $135 million revolving credit facility, which the company will use to accelerated the development of data center campuses in Santa Clara and Quincy, Wash. Lenders include Royal Bank of Canada, KeyBank, Bank of America, Barclays Bank, Raymond James Bank, FSB and UBS Loan Finance. Vantage announced completion and leasing of its first Santa Clara data center (V3) in early 2011, followed by construction of its V2 facility in September. The company's Quincy, Wash. campus is being developed in several phases. http://www.vantagedatacenters.com http://www.vantagedatacenters.com/images/doc/credit_facility_final_1329302611.pdf (PDF) _____________________________________________ o Parthenon Capital Partners Raises $700 Million for New Fund San Francisco -- Parthenon Capital Partners, a private equity firm with dual headquarters in San Francisco and Boston, said on Wednesday it has raised $700 million for its latest investment fund, exceeding its initial fund target of $600 million. The fund, Parthenon Investors IV, increases the firm's total capital under management to more than $2 billion. The firm targets middle-market companies in business and financial services, healthcare, distribution and logistics, and technology services. http://www.parthenoncapitalpartners.com http://www.parthenoncapitalpartners.com/news_result.asp?id=116 _____________________________________________ o FCC Blocks LightSquared's Network Amid Concerns About GPS Interference Washington, DC -- The Federal Communication Commission (FCC) has blocked LightSquared from launching its long-planned mobile broadband network, following a report by the National Telecommunications and Information Administration (NTIA) that found the company's technology would harm GPS signals. In a letter to FCC Chairman Julius Genechowski, Lawrence Strickling, administrator of the NTIA, wrote on Tuesday that LightSquared's proposed network "will impact GPS services and that there is no practical way to mitigate the potential interference at this time." The FCC, which had conditionally approved the network a year ago, said in a statement that it now has decided to "not lift the prohibition on LightSquared." In response, the company said the NTIA relied on "flawed conclusions" about the potential impact of its technology on GPS, and vowed to continue working toward a resolution with the government and GPS industry. LightSquared in September said it had worked with San Jose-based Javad GNSS to develop filtering technology designed to eliminate the interference issues. In his letter, however, Strickling wrote that the time and money required to replace existing GPS systems -- including those used on aircraft and in national security systems -- "cannot support the scheduled deployment of terrestrial services proposed" by the company. http://www.ntia.doc.gov/fcc-filing/2012/ntia-lightsquared-recommendation-fcc http://www.fcc.gov/document/spokesperson-statement-ntia-letter-lightsquared-and-gps http://www.lightsquared.com/press-room/press-releases/ _____________________________________________ o Briefly Noted: (San Francisco) The Consumer Electronics Association (CEA) said its Small Business Council and CE Vision magazine have lunched the Vision Entrepreneur Awards, which will recognize innovation and dedication in the consumer electronics industry. Awards will be given to two small companies and one small business executive, with winners announced at the CEA Industry Forum in San Francisco this October. http://www.ce.org/Press/CurrentNews/press_release_detail.asp?id=12298 (Brisbane, Calif.) Brisbane-based Glam Media, developer of a large commercial blog network connecting brand advertisers with targeted vertical audiences, on Wednesday named Erin Matts as its chief digital marketing officer and senior vice president. Matts previously served as the global director of digital connections at Anheuser-Busch InBev and chief digital officer of OMD. http://www.glammedia.com http://www.businesswire.com/news/home/20120215005985/en/Glam-Media-Hires-Erin-Matts-Chief-Digital (Menlo Park, Calif.) Highland Capital Partners, a venture capital firm with offices in Menlo Park and Cambridge, Mass., on Wednesday named Jeremiah Daly as a principal. Daly, most recently with Accel Partners, will focus on identifying and leading later-stage investments in the information technology and digital media sectors. http://www.hcp.com/news/newsdetails.php/id/96768 =================================================== Job/Event/Marketplace Listings: =================================================== To Post in Job/Event/Marketplace: http://www.bayareatechwire.com 6000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300 > Generation Gaps: How to Understand the Digital Differences to Succeed in Business Facebook, smartphones, up-to-the-minute updates of what you ate for lunch – where do we begin? In the last decade, digital technologies have taken our personal and professional worlds by storm. One generation in particular – the twenty-something “digital natives” – have made this type of communication the norm and have forced the rest of the world to pay attention. In her article, The Digital Native: Five Things to Know About This Generation to Succeed in Business, Michelle Manfy investigates ways to embrace the capabilities of this generation and utilize this digital culture. To better understand how to communicate with your workforce, and most importantly, your consumer, click here (link to white paper). And don’t miss the Age Wave Conference, coming MONTH DAY, presented by the Fairfax County Economic Development Authority to explore how businesses are changing to keep older employees at work and changing products for a graying population. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > Cloud Connect Santa Clara - Feb. 13 to 16 Cloud Connect Santa Clara is the defining cloud conference and expo for IT professionals, developers and leading cloud providers. Thousands of cloud leaders and technology experts from top companies attend Cloud Connect to get the latest on public and private clouds, cloud security, big data, cloud economics, and evolving industry standards. Join other IT decision makers, developers and cloud providers this February 13 to 16 and learn how you can move your cloud strategy forward. Register now at http://www.CloudConnectEvent.com/SantaClara using priority code TECHWIRE to save 25% or get your free Expo Pass. ____________________________________________ > Whitepaper: The Secret to Online User Adoption Download the Whitepaper: Overcoming Halfhearted User Adoption by NavigationArts, a DC-based User Experience consultancy with NEW offices in New York, Boston, and Raleigh-Durham. Learn how to improve user adoption rates and organizational efficiencies from our experts who specialize in the design and development of websites, intranets, applications and more. Download the whitepaper at http://www.navigationarts.com ____________________________________________ > Clean Energy & Smart Grid Directory - Special Limited-Time Discount Offer Tech Wire’s directory group has just published the 2012 edition of the Clean Energy & Smart Grid Directory, which profiles nearly 1,000 of the most cutting-edge organizations in the renewable energies and smart grid sectors in the U.S. and Canada. It also provides contact info on over 4,000 of the key individuals leading these exciting organizations, as well as details on their financial backers. The Clean Energy & Smart Grid Directory is a great tool for investors, recruiters, job seekers, sales and business development pros looking for new opportunities in this burgeoning industry. The new product is currently available to Tech Wire readers for a special, limited-time discount of 20%, now through Feb. 15. For more information go to: http://www.smartenergygroup.org ____________________________________________ > Enterprise Sales Manager If you're considering a change, this may finally be your motivation. NovaStor (www.novastor.com) is searching for an Enterprise Sales Manager to take on a ground floor opportunity selling enterprise backup solutions in a market where storage growth is exponential year over year. The product has a long history of success within top reference accounts and scales well beyond competitive solutions. NovaStor is seeking a self motivated and driven individual who is capable of spearheading the introduction of this German engineered solution to a broader US market through channel initiatives (employees from competitors – Commvault, Atempo, Quest/Bakbone, NetBackup and EMC Legato are welcome). Within this trailblazing role, you will be instrumental in shaping the future of NovaStor and have unlimited earning potential. You will be part of a brilliant team of entrepreneurially driven talent and will be counted on for your creativity and direction. Picture yourself in a dream location, nestled in Agoura Hills California just minutes away from the beaches of Malibu and year round sunshine. You have the opportunity to have your voice heard, make decisions quickly, influence the success of a business, be surrounded by others with the same goal, be appreciated for the work you’re doing and be part of something BIG! NovaStor is prepared to wait for the best, but is looking to fill this role immediately and is offering a competitive package with full benefits and plenty of opportunity for future advancement. Send resumes to mike.andrews@novastor.com ____________________________________________ > Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers Bay Area Tech Wire has over 6,000 subscribers who rely on it for their daily briefing of local technology news. Bay Area Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. For more info, go to: 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 New England Tech Wire: http://www.newenglandtechwire.com Digital Media Wire: http://www.digitalmediawire.com Advertising: If you are interested in advertising in our newsletters, call Parul Nath at 1-301-656-0057 xt 1102 or send email to parul@techwiremedia.com News tips, press releases. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: 325 Pennsylvania Ave. SE Suite 250 Washington, DC 20003 Copyright: CapWire Inc. 2012 |
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