Bay Area Tech Wire -- Feb. 2

============================================ BAY AREA TECH WIRE -- Feb. 2, 2012 ============================================ Clean Energy & Smart Grid Directory - Special Limited-Time Discount Offer http://www.smartenergygroup.org o Facebook Files for $5 Billion IPO; Likely Record for U.S. Internet Company o Sunnyvale-Based ShoreTel to Acquire M5 Networks o Redwood City-Based Openwave Sells Location Business to Persistent o Palo Alto-Based Revolution Analytics Names David Rich as New CEO o SEC Filing: DC-Based LivingSocial Lost $558 Million in 2011 > Clean Energy & Smart Grid Directory - Special Limited-Time Discount Offer o Briefly Noted: Hercules Technology Growth Capital, Zynga, Opengate Data Systems, _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --The Secrets to Getting Positive ROI from Facebook Ads Webinar --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 --How to Develop the Framework to Strengthen Your Organization --Account Director (sales), Bay Area --Visa Inc, Emerging Technology Cloud Guru - Foster City, CA --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 Facebook Files for $5 Billion IPO; Likely Record for U.S. Internet Company Menlo Park, Calif. -- In what may be the most anticipated initial public offering (IPO) in history, Menlo Park-based social network Facebook late Wednesday filed with the Securities and Exchange Commission (SEC) to raise $5 billion in a move that could value the company at as much as $100 billion. The IPO would be the largest-ever for a U.S. Internet company, eclipsing Google's $1.9 billion offering in 2004. Eight-year-old Facebook, which plans to trade under the symbol "FB," is expected to price the offering as soon as this spring, but has yet to release specific details, such as the number of shares to be sold or their expected price range. Media reports estimate that the IPO could create as many as 1,000 millionaires among Facebook's employees and investors, with co-founder Mark Zuckerberg, who owns a nearly 30% stake, standing to make as much as $28 billion alone. Morgan Stanley will act as lead underwriter, along with J.P. Morgan and Goldman Sachs. Facebook revealed in the filing that it currently has 845 million monthly active users, and made a profit of $1 billion last year on revenue of $3.7 billion. http://www.facebook.com  http://www.sec.gov/Archives/edgar/data/1326801/00011931 2512034517/d287954ds1.htm _____________________________________________ o Sunnyvale-Based ShoreTel to Acquire M5 Networks Sunnyvale, Calif. -- ShoreTel, a Sunnyvale-based developer of IP phone systems, said it will acquire New York-based M5 Networks, a provider of hosted unified communications services, in a deal valued at $146.3 million. Under the agreement, M5 shareholders will receive $84 million in cash and 9.5 million shares of stock. They also could get up to $13.7 million more, based on M5's performance through the end of the year. ShoreTel said the acquisition will allow it to reach a growing market segment of customers looking to deploy IP communications through a hosted model. "This acquisition is a critical step in our evolution and enables the company to capitalize on trends in cloud computing and advance our enterprise communications strategy," said CEO Peter Blackmore. The deal is expected to close by the end of March. http://www.m5.net/  http://www.shoretel.com/about/newsroom/press_releases/ShoreTel _Acquires_Hosted_Unified_Communications_Pioneer_M5_Networks.html  _____________________________________________ o Redwood City-Based Openwave Sells Location Business to Persistent Redwood City, Calif. -- Openwave Systems, the redwood City-based developer of mobile technology, said it has sold its location business to a unit of Persistent Systems, a provider of outsourced software development services based in San Jose and India. Financial terms of the deal were not disclosed. The news comes less than a month after Openwave said it would seek "strategic alternatives" for its product businesses, while focusing on intellectual property. "We have achieved the first milestone in our strategic initiative to divest Openwave of its product businesses," said CEO Mike Mulica. "We continue to believe in our ability to drive toward the execution of our strategic plan for our market-leading mediation and messaging product lines, as we continue to focus on our intellectual property business and drive long-term profitability." http://www.openwave.com/  http://www.openwave.com/news_and_events/press_releases/ 2011/20120201_opwv_location_biz.html  http://www.persistentsys.com/NewsEvents/PressRelease Details/tabid/236/Default.aspx?IDPressRelease=85  _____________________________________________ o Palo Alto-Based Revolution Analytics Names David Rich as New CEO Palo Alto, Calif. -- Revolution Analytics, a Palo Alto-based provider of software and services based on the open source R project for statistical computing, on Thursday named David Rich as its new CEO. Rich, most recently the global managing director of Accenture Analytics, succeeds Norman Nie, who will remain a board member and serve as the company's senior advisor for products and strategy. Rich is a 28-year veteran of Accenture. http://www.revolutionanalytics.com/  http://www.revolutionanalytics.com/news-events/news-room/2012/revolution-analytics-names-david-rich-new-ceo.php _____________________________________________ o SEC Filing: DC-Based LivingSocial Lost $558 Million in 2011 Washington, DC -- Daily deals company LivingSocial suffered a net loss of $558 million last year, according to a filing with the Securities and Exchange Commission (SEC) by minority owner Amazon. The chief rival of market-leader Groupon generated $245 million in revenue during 2011, as well as operating expenses of $686 million -- primarily the result of several acquisitions and rapid employee growth. . Amazon invested $175 million in LivingSocial in Dec. 2010, and currently holds a 31% stake in the company. http://www.livingsocial.com http://www.sec.gov/Archives/edgar/data/1018724/000119312512032846 /d269317d10k.htm#tx269317_4 _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 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 |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (Palo Alto, Calif.) Palo Alto-based Hercules Technology Growth Capital, a provider of customized debt financing to technology companies, said it will realize a gain of $2.2-$2.3 million from the sale of portfolio company BÂRRX Medical. Covidien acquired the company last month for approximately $325 million. http://investor.htgc.com/releasedetail.cfm?ReleaseID=645030  (San Francisco) San Francisco-based social games developer Zynga said on Thursday that Brian Reynolds, its chief game designer, has been appointed to the board of directors of the Academy of Interactive Arts & Sciences (AIAS). The 16-member board serves as the governing body of the industry association. http://company.zynga.com/  http://www.prnewswire.com/news-releases/zyngas-brian-reynolds-joins-academy-of-interactive-arts--sciences-board-of-directors-138569164.html (Palo Alto, Calif.) Opengate Data Systems, a Massachusetts-based provider of data center infrastructure tools, said it has opened a new office in Palo Alto. Wenda Puzzo, the company's regional sales manager for the Mountain and West Coast regions, will lead the new office. http://www.opengatedata.com/opengate-data-systems-opens-silicon-valley-office/  =================================================== 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 > The Secrets to Getting Positive ROI from Facebook Ads Webinar Facebook has over 800 million users. This means that more than 1 in 10 humans on Earth are using Facebook. This large captive audience combined with the wealth of accurate demographic data available creates a marketer’s dream database. But what are the best practices to dig into Facebook advertising? And how do you get a positive ROI from these ads? Our experts will be answering these questions and more in our webinar, The Secrets to Getting Positive ROI from Facebook, this Thursday. Register here  Social Media Experts, Maya Grinberg, Social Media Manager at Wildfire Interactive, and Janet Driscoll Miller, President & CEO of Search Mojo, will go over why you should advertise on Facebook and how it works. They will reveal best practices for Facebook advertising and the different ad types. Grinberg and Miller will share case study data and specific client examples to demonstrate these tips. Claim your space today, Register here ____________________________________________ > 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 ____________________________________________ > Achieving Organizational Excellence: How to Develop the Framework to Strengthen Your Organization Lose weight, get in better financial shape and try to relax more are some of the most common New Year’s resolutions. But, have you ever thought about applying New Year’s resolutions to your professional life? It is the perfect time of year to look at our professional lives and assess where we could organize our priorities in order to strengthen our work relationships and practices throughout the year. It may require looking at your business internally, evaluating employees and leadership, or taking a snapshot of your current target customer. In this article, Jeff Parks and Ellen Gray provide strategies for aligning all of the priorities within your business in an effort to achieve organizational excellence. http://www.fairfaxcountyeda.org/bay-area-tech-wire  ____________________________________________ > Account Director (sales), Bay Area As an Aquent Account Director on the Hi-Tech Industry Team, you'll be working with computer hardware and software companies in the Bay Area. Your experience should come from selling professional services into hi-tech industry companies, or selling hi-tech solutions to a variety of organizations and industries. You will have closed multi-year, multi-million dollar deals involving senior level buyers and hiring managers across an enterprise. To achieve these results, you will have developed sales strategies that establish relationships with business unit managers, procurement, supplier diversity, human resources, and C-level decision makers. You will lead the RFP process, coordinating internal and external resources, when necessary, to create and negotiate a winning solution. Requirements: - 4-year degree - 5+ years selling within a niche staffing, professional services organization or outsourcing solution. Selling professional services into the hi-tech industry, or selling a hi-tech solution. Past quantifiable success in selling and expanding multiple large and mid-sized accounts. Proven track record of exceeding goals in metric driven sales cultures. View a detailed description and submit resumes online or send resumes to landrese@aquent.com ____________________________________________ > Visa Inc, Emerging Technology Cloud Guru - Foster City, CA The Cloud Computing - Open Source Software Engineer operates as an individual contributor and as part of the R&D team. The role requires hands-on software engineering expertise, complemented with a natural curiosity and solid research disciplines. Qualifications: The ideal candidate should have minimum 10 years of proven experience in the area of grid computing, large scale data mining and analytics (financial service/payments experience desirable). Must have deep hand-on expertise with Open Source programming & testing (Linux, Java, MySQL, Apache, PHP, Python, etc.). Should have good knowledge of Apache Hadoop (HDFS, MapReduce, Hive, PIG, HBase, etc.). Should be current with the latest Cloud Computing principles, and industry advancements. Must have excellent problem solving, analytical and technical troubleshooting skills, combined with solid scientific research skills, including experimentation and detailed records management. Must be self motivated with good communication skills (written and verbal), including the ability to communicate effectively with team members located remotely. Must be capable of working with minimal supervision in a team environment. Ideally Masters (MSc) level qualifications in Computer Science, Applied Mathematics. Ideally a specialization in Parallel Computing, Machine Intelligence, Artificial Intelligence. Ideally have exposure to Neural Networks and R language programming To apply please click on the link below: https://visainc.taleo.net/careersection/visa_ext_job_app/jobdetail.ftl?lang=en&job=112700&src=ML-11140   ____________________________________________ > 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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