Sony also updated its wearable tech range with two new products.
The absolute dollar amounts are reasonable, but the multiples are small relative to tech, ranging from 1.6X to a potential 8X (no doubt subject to earn outs), with the average being in the 2-3X range.
This past Saturday in Oakland, CA, about 120 underrepresented people in tech — ranging from aspiring entrepreneurs to BlackGirlsCODE students to tech leaders — gathered inside ImpactHub Oakland for Tech808, an intimate startup conference inspired by hip-hop.
The tech ranged from pricey industrial machinery ("the digitally printed acrylic panels in Revelation as Mirror and the delicate 'wireframe' 3D printed skulls from The Horse as Technology" ) to off-the-shelf devices available in your average electronics store.
At the catering company where she works as a chef, she cooks on high-tech ranges with thousands of B.T.U.'s; then she goes home to heat up dinner in a 1935 Detroit Jewel.
Much European equipment, particularly in the "mid-tech" range, remains competitive.
Fruition Partners, a Chicago-based startup that helps enterprises get their under-the-hood, IT operations into the cloud, has picked up $12 million in funding from Trident Capital, the VC that has backed a range of tech companies ranging from consumer plays like Kayak to more enterprise-focused startups like Qualys.
Its high-tech economy ranges from microprocessors and wireless telephones to software and biotechnology.
The line, which has expanded to a small handbag and tech accessories range, is available in about a third of the ZIP codes in the United States (and online as well).
More than 150,000 people from 170 countries were in town for the four-day event to get a look at the 20,000 new gadgets, gizmos and tech trends, ranging from double-screened smartphones and helmets that promote hair growth to wardrobes that steam clean their contents (then shake out any creases).
