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Flir keeps busy with transportation software company purchase

Flir keeps busy with transportation software company purchase

For the third time this year, Flir Systems Inc. has steered money toward a new partner. In this case, Flir (Nasdaq: FLIR) purchased Denver-based Acyclica Inc., which makes “automotive roadway and intersection data generation and analysis” software. Essentially, Acyclica provides real-time traffic information to municipal departments that address congestion and other road issues. The move “adds a new sensing platform and a data analytics software element to our mission to provide complete and…

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Google AI executive at the center of Project Maven is quitting

Google AI executive at the center of Project Maven is quitting

A Google executive widely regarded as one of the company’s top minds in artificial intelligence is stepping down, after less than two years on the job, the company said in a blog post Monday. Fei-Fei Li will be replaced by Andrew Moore, a former Googler who currently heads up the school of computer science at Carnegie Mellon University. Earlier this year, Li found herself at the center of an internal debate over whether Google should have agreed to participate in Project Maven, a Pentagon effort…

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Japanese chip giant snaps up San Jose chipmaker IDT in $6.7B cash deal

Japanese chip giant snaps up San Jose chipmaker IDT in $6.7B cash deal

Japanese chipmaker Renesas is buying San Jose-based Integrated Device Technology in a cash deal worth $6.7 billion, the company confirmed late Monday. Shares of IDT jumped another 11 percent ahead of the opening bell on Tuesday. They’re up about 24 percent since late August, when details around the potential deal first emerged. Renesas will buy IDT for $49 per share in cash, largely financed through bank loans. The deal is subject to regulatory approval in Japan, the U.S. and other major markets. IDT…

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Home of the Day: Northwest Contemporary Home in Clyde Hill

Home of the Day: Northwest Contemporary Home in Clyde Hill

By Ashley Rea, Broker Home of the Day is presented by the Puget Sound Business Journal with Realogics Sotheby’s International Realty. This is your invitation to view some of Seattle’s most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today’s featured property. 9102 Northeast 25th Place, Clyde Hill, WA 98004 | $3,999,999 Step into grandeur and beauty at Clyde Hill. No detail was spared in this beautiful, custom-designed Northwest Contemporary home,…

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Photos: This women-only co-working space is opening in S.F. this fall

Photos: This women-only co-working space is opening in S.F. this fall

The Wing, a high-profile women’s co-working space based in New York, will open its first San Francisco location this fall. The 8,000-square-foot space will at 115 Sansome St., in the Financial District, and is slated to open in early October. The company is a membership-only association that bills itself as a professional workspace and social club for women. Members pay a fee — $2,350 per year, or $215 per month — for access to both open and private workspaces along with networking events…

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