| ============================================ BAY AREA TECH WIRE -- April 9, 2012 ============================================ Sponsored By: Fairfax County Economic Development Authority http://www.fairfaxcountyeda.org/bay-area-tech-wire o Menlo Park-Based Facebook to Acquire Instagram for About $1 Billion o Santa Clara-Based Palo Alto Networks to Raise Up to $175M in IPO o AOL to Sell More Than 800 Patents to Microsoft for $1.06 Billion o Poll: Google Most Popular U.S. Tech Company, Beating Out Apple o Report: U.S. Private Equity Fund-Raising Climbs 4% in Q1 > The Four Most Common Costly Mistakes to Avoid by Stephen A. Laser o Briefly Noted: Castlight Health, ZipLine Medical _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Tales from the Unemployed: The Four Most Common Costly Mistakes to Avoid --Percona Live MySQL Conference & Expo --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 _____________________________________________ o Menlo Park-Based Facebook to Acquire Instagram for About $1 Billion Menlo Park, Calif. -- Facebook will acquire Instagram, the San Francisco-based developer of a popular photo-sharing app, for approximately $1 billion, Mark Zuckerberg, founder and CEO of the Menlo Park-based social networking giant, announced Monday on his Facebook page. Financial terms of the deal were not disclosed. Facebook plans to build and grow Instagram independently, retaining its current team. Zuckerberg said the move will allow his company to offer users more opportunities to share their mobile photos based on interests. The company plans to keep features that let users post to other social networks, as well as choose not to share their Instagrams on Facebook. "This is an important milestone for Facebook because it's the first time we've ever acquired a product and company with so many users," wrote Zuckerberg. "We don't plan on doing many more of these, if any at all. But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together." https://www.facebook.com/home.php#!/zuck http://blog.instagram.com/ _____________________________________________ o Santa Clara-Based Palo Alto Networks to Raise Up to $175M in IPO Santa Clara, Calif. -- Palo Alto Networks, a Santa Clara-based developer of firewall technology, has filed with the Securities and Exchange Commission (SEC) to raise up to $175 million in its initial public offering (IPO). The company has yet to disclose specific details of the offering, such as the number of shares to be sold or their expected price range. Morgan Stanley, Goldman Sachs and Citigroup will act as lead underwriters. Palo Alto's network security appliances are design to let clients -- such as service providers and government agencies -- more effectively secure their networks and the applications running on them. For the six months ended January 31, the company generated $113.8 million in revenue, up 141% from the prior year, and net income of $4.5 million. http://www.paloaltonetworks.com http://www.sec.gov/Archives/edgar/data/1327567/000119312512153764/d318373ds1.htm http://www.paloaltonetworks.com/news/press_releases/2012-0406-ipo.html _____________________________________________ o AOL to Sell More Than 800 Patents to Microsoft for $1.06 Billion New York -- Looking to raise much-needed funds, AOL on Monday announced a deal to sell more than 800 of its patents and related patent applications to rival Microsoft for $1.06 billion in cash. The news drove shares of AOL up 43% in Monday's trading on the New York Stock Exchange. The deal, expected to close by the end of this year, comes following a competitive auction process, and will leave AOL with just over a quarter of its patent portfolio covering areas such as advertising, search, mapping and security. As part of the agreement, the company will receive a non-exclusive license to the sold patents. "The combined sale and licensing arrangement unlocks current dollar value for our shareholders and enables AOL to continue to aggressively execute on our strategy to create long-term shareholder value," said Tim Armstrong, AOL's chairman and CEO. AOL, which has seen its revenue dwindle significantly over the past few years as its dial-up subscribers steadily have decreased, said it plans to return a "significant portion" of the sale proceeds to shareholders. "This is a valuable portfolio that we have been following for years and analyzing in detail for several months," said Brad Smith, Microsoft's general counsel and executive vice president of legal and corporate affairs. http://corp.aol.com/2012/04/09/aol-and-microsoft-announce-1-056-billion-patent-deal/ _____________________________________________ o Poll: Google Most Popular U.S. Tech Company, Beating Out Apple Washington, DC -- Google is the most popular technology company in the U.S., beating out other tech heavyweights such as Apple and Facebook, according to a new ABC News/Washington Post poll. Eighty-two percent of the more than 1,000 adults polled had a favorable opinion of Mountain View-based Google, including 53% who felt "strongly" about their opinion. That compared with 74% favorable for Cupertino-based Apple (37% strongly), 58% for Menlo Park-based Facebook (23% strongly) and just 34% for San Francisco-based Twitter (8% strongly). Both Google and Apple faired particularly well among the young, highly educated and affluent. Complete poll results are available at the link below. http://www.scribd.com/doc/88289248/Popularity-Poll _____________________________________________ o Report: U.S. Private Equity Fund-Raising Climbs 4% in Q1 New York -- U.S. private equity funds raised $38.1 billion through 136 funds in the first quarter, a 4% increase in capital raised and 5% increase in fund closings compared with the same period a year ago, according to a new report from Dow Jones LP Source. The 11 largest U.S. fund closings accounted for more than half of the total capital raised. "U.S. fund-raising may not be off to a roaring start, but it's also not stalled in the driveway," said Laura Kreutzer, managing editor of Dow Jones Private Equity Analyst. "Private equity firms have been actively focused on returning capital to their investors, which has helped some of them attract capital to new funds. Firms have learned that you must give in order to receive." http://www.dowjones.com/pressroom/releases/2012/04092012-VCFund-0029.asp _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| Tales from the Unemployed: The Four Most Common Costly Mistakes to Avoid by Stephen A. Laser You've lost your job. Now what? The way people react to unemployment varies from angry and frustrated to sad and depressed. For many workers, there is also the desire to take immediate action and go on the offensive to get hired as quickly as possible. After all, it is better to be proactive than reactive, right? Not necessarily. Stephen A. Laser, a business psychologist and author of Out-of-Work and Over-40, suggests you need to take some time to regroup and make a plan. Dr. Laser gives four common reactions to unemployment that can prove to be very costly mistakes at http://www.fairfaxcountyeda.org/bay-area-tech-wire |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (San Francisco) San Francisco-based Castlight Health, developer of a personalized health care shopping portal, on Monday named Mark McClellan to its advisory board. McClellan is director of the Engelberg Center for Health Care Reform at the Brookings Institution. http://www.castlighthealth.com http://www.businesswire.com/news/home/20120409005258/en/Mark-McClellan-Joins-Castlight-Health%E2%80%99s-Advisory-Board (Campbell, Calif.) Campbell-based ZipLine Medical, a medical device company developing technology for noninvasive surgical skin closure, has named John Tighe as its president and CEO. Tighe is the former president and CEO of PEAK Surgical. The news comes after the company also recently raised $5 million in its second round of funding, co-led by Claremont Creek Ventures and X/Seed Capital Management. http://www.ziplinemedical.com/press_release/zipline-medical-announces-appointment-of-john-r-tighe-as-ceo/ =================================================== 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 > Tales from the Unemployed: The Four Most Common Costly Mistakes to Avoid by Stephen A. Laser You've lost your job. Now what? The way people react to unemployment varies from angry and frustrated to sad and depressed. For many workers, there is also the desire to take immediate action and go on the offensive to get hired as quickly as possible. After all, it is better to be proactive than reactive, right? Not necessarily. Stephen A. Laser, a business psychologist and author of Out-of-Work and Over-40, suggests you need to take some time to regroup and make a plan. Dr. Laser gives four common reactions to unemployment that can prove to be very costly mistakes at http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > Percona Live MySQL Conference & Expo The Percona Live MySQL Conference & Expo features 72 breakout sessions and 16 tutorials from leading technology experts. Representatives from HP, Box, Facebook, Amazon Web Services, Clustrix, Eucalyptus Systems and more will give keynote presentations. Attendees can connect with other community members at two networking receptions which will feature the annual Community Awards and Lightning Talks. Birds of a Feather sessions on Tuesday and Wednesday will allow like-minded individuals to connect. Join us April 10-12 at the Hyatt Regency Santa Clara and Santa Clara Convention Center. Post-conference events on April 13 allow further engagement. Full conference details are available at http://www.percona.com/live/mysql-conference-2012 Send inquiries to terry.erisman@percona.com ____________________________________________ > 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 ____________________________________________ > 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 ____________________________________________ > 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 ____________________________________________ > 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 ____________________________________________ > 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. ____________________________________________ > 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 ____________________________________________ > 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 ____________________________________________ 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. 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