Urban Airship acquires SimpleGeo in all-stock deal
October 31, 2011
Urban Airship made its first acquisition Monday in a deal that lands the fast-growing mobile software development startup a second location. Portland-based Urban Airship acquired San Francisco-baed SimpleGeo and its staff of 13 engineers in an all-stock transaction. Terms of the deal were not disclosed. SimpleGeo is described as a developer of a real-time software platform that allows mobile application developers to build location-aware features into Web and mobile apps. That functionality will be yet another layer in Urban Airship’s mobile app offerings, which already includes software that helps app developers incorporate push notifications and in-app purchases into their programs..
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Urban Airship acquires SimpleGeo in all-stock deal
Microsoft ready to Kinect the business world
October 31, 2011
Could Microsoft Corp.’s motion-sensing Kinect technology soon be a part of your company board room, or help you shop for a car? Microsoft (NASDAQ: MSFT) is celebrating the one-year anniversary of its Kinect gesture and voice-controlled technology by talking up the commercial possibilities of the device. The company said Monday that it has seen the Kinect pop up in a variety of industries over the last year, and is now ready to take the technology to the business world. More than 200 businesses, including Toyota, Houghton Mifflin Harcourt and Razorfish, have joined a global pilot program to explore Kinect’s commercial possibilities, said Alex Kipman, the general manager of incubation for Microsoft’s Interactive Entertainment unit…
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Microsoft ready to Kinect the business world
Kimberly-Clark workers agree to labor concessions
October 31, 2011
Unions at the Kimberly-Clark Mill in Everett have agreed to labor concessions in an effort to help the mill finalize a sale to Atlas Holdings. The five-year agreement with Atlas, approved by locals 183 and 644 of the Association of Western Pulp and Paper Workers, will take effect when and if the sale is completed. Despite forcing some dramatic sacrifices by workers, the deal was ratified by a margin of nearly 81 percent. The Herald (of Everett) reported that the deal would mean pay cuts for most workers, wage freezes for two years, and other losses…
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Kimberly-Clark workers agree to labor concessions
Mario Batali comes to Seattle for SAM
October 31, 2011
There’s big, and then there’s Mario Batali big – which is a good way to describe an event expected to raise $300,000 for Seattle Art Museum. It’s a gala Friday including dinner at TASTE, the museum’s restaurant, with Batali, the New York City-based celebrity chef, as guest of honor. His mother, Marilyn Batali, is a docent at SAM. His father, Armando Batali, is owner of Salumi Artisan Cured Meats in the Pioneer Square neighborhood. The plan is for TASTE’s chefs to prepare and serve a Batali-inspired meal for guests paying $1,000 each..
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Mario Batali comes to Seattle for SAM
Sencha Completes Series B Funding
October 31, 2011
Sencha , a provider ?f HTML5 frameworks ??? tools f?r desktop ??? mobile application developers, h?? completed a $15 million Series B round ?f funding. Jafco Ventures led th? round, w?th existing investors Sequoia Capital ??? Radar Partners . PRESS RELEASE Sencha f?r desktop ??? mobile application developers], t?? leading provider ?f HTML5 frameworks ??? tools f?r desktop ??? mobile application developers, ??? completed a $ 15 million Series B round ?f funding.
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Sencha Completes Series B Funding
Analysis: Boeing 787 program won’t break even until 2034
October 31, 2011
For an in-depth analysis at when The Boeing Co. will turn a profit on the 787, here’s some thinking by Javier Irastorza, who works for Airbus Military on the A400M program. While Irastorza doubtless has his biases, his piece is intriguing by its detail, and by his use of published data from Boeing (NYSE: BA). Leeham & Co
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Analysis: Boeing 787 program won’t break even until 2034
Seeing the softer side of Bill Gates
October 31, 2011
Maybe it was inevitable. There have been signs of it happening for awhile. But in a short period of time recently, there’s been an unusual series of vignettes showing the softer side of Bill Gates.
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Seeing the softer side of Bill Gates
TeamSnap Secures New Funding
October 31, 2011
Boulder-based TeamSnap , which operates an online service that helps sports teams and other groups communicate, manage schedules, share photos, track game statistics, and coordinate refreshments and other activities, has raised around $910,000 in new funding. Funding came from existing investors, including Denver-based eonBusiness , in addition to an undisclosed sum from Silicon Valley-based venture capital firm, Trinity Ventures . PRESS RELEASE Boulder-based TeamSnap, which operates an online service that helps sports teams and other groups communicate, manage schedules, share photos, track game statistics, and coordinate refreshments and other activities, has raised close to $910,000 in new funding, according to CEO, Dave DuPont. DuPont said the funding came from all its existing investors, including Denver-based eonBusiness, in addition to an undisclosed sum from Silicon Valley-based venture capital firm, Trinity Ventures. Said DuPont: “The round came together quickly because of TeamSnap’s strong growth and operational performance, as well as promising progress with strategic partners
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TeamSnap Secures New Funding
HKW Sells NESCO
October 31, 2011
Harris Williams & Co ., a middle market investment bank, has announced the sale of NESCO , a portfolio company of private equity firm Hammond, Kennedy, Whitney & Company , to global M&A&O firm Platinum Equity . PRESS RELEASE Harris Williams & Co., premier middle market investment bank, announces the sale of NESCO, LLC, a portfolio company of Hammond, Kennedy, Whitney & Company, Inc. (HKW), to Platinum Equity (Platinum). Harris Williams & Co. acted as the exclusive financial advisor to NESCO
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HKW Sells NESCO
Ethos 360 LLC closes abruptly
October 31, 2011
Business-plan writing company Ethos 360 LLC has abruptly closed its doors and filed articles of dissolution with the Oregon Secretary of State. The articles of dissolution are signed by President Ellisa Brenneman and say the company dissolved on Oct. 24.
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Ethos 360 LLC closes abruptly
