Monday, March 26, 2012

Bay Area Tech Wire -- March 26

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BAY AREA TECH WIRE -- March 26, 2012
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Sponsored By: Fairfax County Economic Development Authority
http://www.fairfaxcountyeda.org/bay-area-tech-wire

o
Yahoo Appoints Three New Board Members; Prepares for Proxy Fight
o Santa Clara-Based ViVOtech Raises Fourth Round of Funding
o New Enterprise Associates to Raise New $2.3 Billion Fund
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Sunnyvale-Based ShoreTel Completes Deal for M5 Networks
o San Mateo-Based Epocrates Names Andrew Hurd as President and CEO
>
How to Navigate the Challenges of the New Workforce
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Briefly Noted: Ernst & Young, MIMVI

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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--Generational Competition: How to Navigate the Challenges of the New Workforce
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Executive Briefing - Product Portfolio Briefing
--SkySQL & MariaDB Solutions Day for the MySQL Database - April 13th
--Marketing Events Coordinator
--Senior Manager, eCommerce – Redwood City, CA
--Account Manager
--Sr. Financial Analyst
--Mid-Atlantic Marketing Summit - April 20, 2012
--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
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o Yahoo Appoints Three New Board Members; Prepares for Proxy Fight

Sunnyvale, Calif. -- Gearing up for a potential proxy fight with one of its largest investors, Sunnyvale-based Yahoo on Sunday named three new independent directors. New board members include John Hayes, the executive vice president and CMO of American Express; Peter Liguori, the former COO of Discovery Communications; and Thomas McInerney, the outgoing CFO of IAC/InterActiveCorp. Roy Bostock, Yahoo's chairman, said the newly reconstituted board has "the right mix of experience and expertise to help Yahoo build upon its very strong assets and brand base to take advantage of the opportunities ahead." The moves came after shareholder Daniel Loeb's Third Point last week filed a proxy statement seeking four of his own appointees. Yahoo offered to appoint one of Third Point's nominees and choose another that was "mutually acceptable." Loeb, who has been highly critical of decisions made by Yahoo's board, said he was "disappointed" by the company's decision. "Since the board has left us with no choice but to take our case directly to our fellow shareholders, Third Point intends to move forward with a proxy contest," Loeb said in a statement.
http://pressroom.yahoo.net/pr/ycorp/231063.aspx 
http://www.prnewswire.com/news-releases/third-point-llc-statement-on-yahoo-incs-announcement-of-new-board-members-144163455.html
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o Santa Clara-Based ViVOtech Raises Fourth Round of Funding


Santa Clara, Calif. -- ViVOtech, a Santa Clara-based developer of near field communication (NFC) software and systems, said on Monday it has raised an unspecified amount in its fourth round of funding. The company did not disclose the identities of investors. ViVOtech now has landed $96 million since its founding in 2001 from investors including EDBI, SingTel Innov8, Motorola Solutions Venture Capital, Alloy Ventures, Citi Ventures, Draper Fisher Jurveston, DFJ Gotham, First Data, Miven Ventures, Motorola Mobility, Nokia Growth Partners and NCR. "With this latest financing, we're armed to extend our leadership position providing the infrastructure needed to deliver on the promise of mCommerce," said Mick Mullagh, ViVOtech's executive chairman.
http://www.vivotech.com 
http://www.vivotech.com/newsroom/press_releases/ViVOtech%20Announces%20New%20Round%20of%20Funding.asp 
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o New Enterprise Associates to Raise New $2.3 Billion Fund

Menlo Park, Calif. -- New Enterprise Associates (NEA), the Maryland-based venture capital firm with West Coast offices in Menlo Park, said on Monday it plans to raise a new $2.3 billion fund -- its 14th, overall. The company signaled its intentions through a filing with the Securities and Exchange Commission (SEC). The first sale has yet to occur. NEA closed on its previous $2.5 billion fund in Jan. 2010. The firm currently has more than $11 billion in committed capital and has funded more than 650 companies in the information technology, energy technology and healthcare sectors.
http://www.nea.com 
http://www.sec.gov/Archives/edgar/data/1544328/000154
432812000001/xslFormDX01/primary_doc.xml
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o Sunnyvale-Based ShoreTel Completes Deal for M5 Networks

Sunnyvale, Calif. -- ShoreTel, a Sunnyvale-based developer of IP phone systems, said on Monday it has completed its $146.3 million acquisition of New York-based M5 Networks, a provider of hosted unified communications services. Under the agreement, first announced in February, M5 shareholders received $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. M5 is now the ShoreTel Cloud Division.
http://www.m5.net/ 
http://www.shoretel.com/about/newsroom/press_releases/ShoreTel
_Completes_Acquisition_of_M5_Networks.html 
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o San Mateo-Based Epocrates Names Andrew Hurd as President and CEO

San Mateo, Calif. -- Epocrates, a San Mateo-based developer of mobile drug reference tools and interactive services used by the healthcare industry, on Monday named Andrew Hurd as its president and CEO. He will succeed Peter Brandt, who has held both roles on an interim basis. Brandt will take on the newly created role as vice chairman. Hurd most recently served as the chairman and CEO of Carefx, which was acquired by Harris Corp. last year. He previously held senior management positions at WebMD, CenterBeam and QuadraMed.
http://www.epocrates.com/ 
http://www.epocrates.com/who/media/news/press-releases/epocrates-names-andrew-hurd-president-and-ceo 
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Generational Competition: How to Navigate the Challenges of the New Workforce

As we move out of the Great Recession and the job market begins to return, we are faced with a new dynamic for job seekers: underemployment and the war of the generations. Millennials are trying to land their first job, GenXers are seeking to upgrade their positions, many Boomers are seeking to re-enter the workplace from retirement to supplement shrinking nest eggs, and seniors are seeking additional money and intellectual stimulation. In short, everyone is slugging it out for jobs that are still in limited supply. Jim Finkelstein, President and CEO of FutureSense, provides the information you need to help you successfully navigate the job market at any age at http://www.fairfaxcountyeda.org/bay-area-tech-wire
 

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o Briefly Noted:


(San Francisco) Accounting and advisory giant Ernst & Young on Monday named Alex Bender as its West Coast technology leader, based in San Francisco. Bender, most recently Ernst & Young's West area software industry leader, succeeds Lisa Portnoy, who has become the Technology IFRS leader for the company's organization in London.
http://www.ey.com/US/en/Newsroom/News-releases 

(Sunnyvale, Calif.) Sunnyvale-based MIMVI, a developer of search and recommendation technology, has named Dipak Joshi as a strategic consultant. Joshi previously served as financial controller of Google, and also was the director of acquisitions and integrations at both Siemens and eBay Europe.
http://markets.financialcontent.com/ir/?Module=MediaViewer&GUID=20935198&Ticker=MIMV 

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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
6000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300


> Generational Competition: How to Navigate the Challenges of the New Workforce


As we move out of the Great Recession and the job market begins to return, we are faced with a new dynamic for job seekers: underemployment and the war of the generations. Millennials are trying to land their first job, GenXers are seeking to upgrade their positions, many Boomers are seeking to re-enter the workplace from retirement to supplement shrinking nest eggs, and seniors are seeking additional money and intellectual stimulation. In short, everyone is slugging it out for jobs that are still in limited supply. Jim Finkelstein, President and CEO of FutureSense, provides the information you need to help you successfully navigate the job market at any age at http://www.fairfaxcountyeda.org/bay-area-tech-wire
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> Executive Briefing -- Product Portfolio Management


It's a fact! As your product portfolio grows, the market impact of your organization can quickly become diluted because traditional product management practices focus on improving the performance of each product. Executives and Senior Managers are invited to attend an Executive Briefing to learn how a Product Portfolio Management model improves your market value by uncovering and solving bigger problems beyond the limits of individual products. Business practices for evaluating markets, analyzing competitors, formulating strategies, developing requirements and executing product plans take aim at a completely different target - the performance of your company in key markets - and offers greater strategic value to your organization. Attend in 13 cities in April, May and June. $199 per person. http://www.proficientz.com/portfolio-mgmt-executive-briefing.html
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> SkySQL & MariaDB Solutions Day for the MySQL Database - April 13th, Santa Clara

Receive FREE, hands-on training and consulting on MySQL database solutions from the experts at SkySQL, MariaDB, Calpont, Continuent, ScaleDB, Severalnines, Sphinx, and Webyog, among others. As well, join industry visionaries, including Monty Widenius and David Axmark, the original authors of the MySQL database, as they share their insights on current and future trends pertaining to the world's most popular database. A complimentary luncheon will be served, and a free Biergarten will follow the final keynote. Register now at http://www.skysql.com/mysql-solutions-day 
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> Marketing Events Coordinator

Coblentz, Patch, Duffy & Bass LLP, a mid-size law firm is currently seeking a Marketing Events Coordinator with 3+ years of marketing events experience in a corporate environment to provide administrative support to the Marketing Department. This position reports directly to the Marketing Manager to plan, coordinate and manage all aspects of client seminars and receptions, sponsorship events, Firm events and retreats, and other special events. Candidate must have a Bachelor's degree and the ability to communicate clearly and effectively in one-on-one and small group settings with business partners and outside vendors. Additionally, candidate must be a self-starter, detail oriented, have the ability to organize and prioritize a number of tasks and complete them under time constraints. Strong computer, backend web development, HTML and graphics skills are required. Experience with Adobe Photoshop, Illustrator, and InDesign is preferred. Salary: DOE. Please include your salary requirement. Submit your resume and cover letter to the following link (or copy and paste the link to your web browser) https://home.eease.com/recruit/?id=1185751 
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> Senior Manager, eCommerce -- Redwood City, CA

The Sr. Manager of eCommerce will provide leadership on key eCommerce initiatives within Shutterfly.com to continuously improve our customer shopping experience. Reporting to the Sr Director of eCommerce, this seasoned eCommerce professional will use site analytics to drive informed business recommendations, develop site tests aimed at optimizing business goals and serve as the business lead for selected eCommerce projects. This role is focused on driving a compelling and frictionless eCommerce experience for our customers. It is perfect for someone who is interested in using his/her business acumen, eCommerce expertise, and analytic skills to drive exceptional short- and long-term business results. Apply online at: http://www.shutterfly.com/about/positions.jsp?jvi=oW3aWfwP
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> Account Manager

Come join PaperG, just named one of the Forbes' 100 Most Promising Companies in America, as we reinvent modern advertising. A PaperG Account Manager works as a key member of the Accounts team, where they will support PaperG's media company partners and help them thrive using PaperG's technology. Qualifications: College degree. A friendly and engaging personality - a must!. Excellent computer and Internet knowledge. High energy level. Resourceful, well organized, highly dependable, efficient and detail oriented. Knowledge of online advertising industry a strong plus. Send your resume to careers@paperg.com In your email or cover letter, let us know why PaperG interests you.
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> Sr. Financial Analyst

Veracyte is a molecular diagnostics company that is pioneering the emerging field of molecular cytology. Our Finance team seeks an individual who will report to the CFO, with the ability to develop and maintain long-range financial models for the company's strategic plan, produce product revenue projections and forecasts and prepare financial analyses. They will also be able to analyze trends, manage components of the operating plan process, participate in the valuation of potential business development opportunities, and collaborate with R&D, Commercial and Operations functions. The ability to thrive in a fast-paced, challenging and highly diverse team environment is critical. To be a successful candidate you will have at least 4 years of finance/accounting experience, with a proven track record of incorporating applications of accounting principles, financial reporting, and cash management, and be an expert in Excel. It's important that you have experience in life sciences and knowledge/experience with Microsoft GP is a plus, as is an MBA. We would like you to share our commitment to teamwork and collaboration and be excited by the challenges of applying your expertise to an important, emerging area in diagnostics. To apply, please send your resume to jobs@veracyte.com For additional information, see our website www.veracyte.com
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> Mid-Atlantic Marketing Summit - April 20, 2012


This year's Mid-Atlantic Marketing Summit will include over 12 panel discussion, various research presentations, networking opportunities and keynotes. The event is a co-production between Potomac Tech Wire and the Capitol Communicator, two of the leading newsletters covering the technology, marketing and communications industries in the area. Panel topics include: Analytics and Metrics: Major Marketing Trends; CMO Roundtable: Current State of Marketing; Mobile Marketing: Beyond The Hype and much more. The event will be held from 8:00 am - 5:00 pm on April 20 at the state-of-the-art Gannett Headquarters in McLean, Va. For more information, go to: www.mamsummit.com 
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