Category: News

Saban Brands has appointed Jack Sorensen as president of The Playforge, the company’s mobile social games division based in San Francisco. Sorensen will be responsible for overseeing the development of uniquely charming character-based mobile games for mass audiences.

PRESS RELEASE

Saban Brands has appointed Jack Sorensen as president of The Playforge, the company’s mobile social games division based in San Francisco. Sorensen will be responsible for overseeing the development of uniquely charming character-based mobile games for mass audiences. Sorensen will also lead efforts to expand, promote, and monetize The Playforge’s digital IP, including its flagship mobile title Zombie Farm, through transmedia extensions within traditional media, licensing and merchandising.

“We look forward to Jack’s expertise and insights on our plans to deliver a steady stream of new games, new intellectual properties and new strategic collaborations this year”
“Jack brings a wealth of experience in gaming and digital entertainment that will be a tremendous asset to Saban Brands as we work toward our goal of further expanding our reach from online and television to mobile,” said Elie Dekel, president of Saban Brands. “His extensive experience combined with his recent work as an entrepreneur and advisor in the mobile game industry make him uniquely suited to take The Playforge to the next level.”

A seasoned executive with more than 20 years of game industry experience in both public and private companies, Sorensen brings proven skills in building and managing high growth businesses in technology and entertainment. Sorensen has managed some of the biggest brands in interactive gaming, including Star Wars, Indiana Jones, Pixar (six films), Dreamworks (two films), The Sopranos, UFC, Marvel and numerous original properties.

“We look forward to Jack’s expertise and insights on our plans to deliver a steady stream of new games, new intellectual properties and new strategic collaborations this year,” said Vince McDonnell, co-founder of The Playforge.

“I am honored to have been provided with the opportunity to further grow such a talented studio’s leadership position in the digital space,” said Sorensen. “Saban Brands has undertaken ambitious initiatives to expand its digital footprint in the last year and I am excited to continue that momentum in the months to come.”

Sorensen previously served as executive vice president of Worldwide Studios at THQ, Inc., a prominent video game developer and publisher, where he was responsible for overseeing all product development, business development and development acquisitions. During his time at THQ, Sorensen managed the product slate that supported more than $1 billion in revenue.

Prior to his role at THQ, Sorensen served as an executive in residence at Crosspoint Venture Partners, a leading technology venture capital firm, and as president at LucasArts Entertainment, where he grew its electronic games business into a Top 5 domestic publisher.

About The Playforge

The Playforge is a pioneer and leader in the mobile social games space and was one of the first iOS developers to sell virtual currency redeemable for virtual goods. Known for its internationally acclaimed game Zombie Farm, The Playforge specializes in developing uniquely charming character-based games for general audiences. As of the end of 2011, Zombie Farm was the No. 1 top grossing free-to-play application of all time and was in the Top 10 grossing iPhone apps on Apple’s iTunes Rewind in both 2010 and 2011. The Playforge is an affiliate of Saban Brands.

About Saban Brands

Formed in 2010 as an affiliate of Saban Capital Group, Saban Brands (SB) was established to acquire and develop a world-class portfolio of properties and capitalize on the company’s experience, track record and capabilities in growing and monetizing consumer brands through content, media and marketing. SB applies a global omni-channel management approach to enhancing and extending its brands in markets worldwide and to consumers of all ages. The company provides full-service management, marketing, promotion and strategic business development for its intellectual properties including comprehensive strategies unique to each brand, trademark and copyright management and enforcement, creative design, retail development, direct-to-consumer initiatives and specialized property extensions. SB is led by a superior management team with decades of experience in media, content creation, branding, licensing, marketing and finance. SB’s portfolio of properties currently includes Power Rangers, Paul Frank, Vortexx, Zui.com, The Playforge, Julius Jr., Digimon Fusion and Popples.

Contacts

Saban Brands
Kelsey Lynch, 310-203-5875
[email protected]

The post Saban Brands Appoints Sorensen President of The Playforge appeared first on peHUB.

Bay City Capital has appointed David Beier as managing director. Beier served as a senior officer for nearly a decade in biotechnology firms, Genentech and Amgen. Most recently, he served as senior vice president of global government affairs at Amgen, responsible for global government affairs, as well as corporate communications, and philanthropy.

PRESS RELEASE

Bay City Capital, a leading venture capital firm focused on early-stage to growth equity investments in the life sciences, today announced the addition of David Beier, JD as Managing Director. David served as a senior officer for nearly a decade in each of the two largest biotechnology firms, Genentech and Amgen. Most recently, David served as Senior Vice President of Global Government Affairs at Amgen, responsible for global government affairs, as well as corporate communications, and philanthropy.

“Today’s rapidly evolving healthcare industry provides tremendous opportunity for investment both in the United States and globally. David brings an extensive government affairs and public policy background, providing unique insights to our investment team”
“Today’s rapidly evolving healthcare industry provides tremendous opportunity for investment both in the United States and globally. David brings an extensive government affairs and public policy background, providing unique insights to our investment team,” said Fred Craves, Founder and Managing Director of Bay City Capital. “David will play an integral role in moving the firm forward through the next phase of global healthcare investing.”

During his Amgen tenure, David helped create and supervised the firm’s coverage, reimbursement, access, pricing, and healthcare economics activities globally. Earlier in his career, David was Chief Domestic Policy Advisor to Vice President Al Gore during the Clinton Administration. Mr. Beier has been a partner in a large international law firm as well as Counsel to the US House of Representatives Committee on the Judiciary. He is admitted to practice law in New York and the District of Columbia.

“Bay City Capital has a well deserved reputation of delivering value for its investors and its portfolio companies through a vibrant platform of scientific and business acumen. Those characteristics are what attracted me to the firm,” said David Beier.

About Bay City Capital

Bay City Capital is a life sciences venture capital firm investing in opportunities across the various life sciences sectors in companies at all stages of development. Established in 1997, the firm has managed eight venture capital funds representing over $1.6 billion in capital commitments.

Bay City Capital has invested in over 100 life sciences companies globally, including Epizyme, Epocrates, GenturaDx, Hyperion Therapeutics, Ion Torrent Systems, Lexicon, MAP Pharmaceuticals, Medarex, Nabsys, NextWave Pharmaceuticals, Oculex Pharmaceuticals, Pharmion, Reliant Pharmaceuticals, and Sunesis Pharmaceuticals.

Contacts

Bay City Capital
Stacey M. Leaños, 415-835-9394
Sr. Director, Marketing & Investor Relations
[email protected]

The post Bay City Capital Expands Team appeared first on peHUB.

GTCR has acquired NewWave Communications from Pamlico Capital. The acquisition was completed through GTCR’s previously established partnership with Rural Broadband Investments.

PRESS RELEASE

GTCR, a leading private equity firm, today announced it has acquired NewWave Communications (“NewWave”) from Pamlico Capital. The acquisition was completed through GTCR’s previously established partnership with Rural Broadband Investments (“RBI”). With RBI’s extensive cable experience, NewWave will continue to provide state of the art high-speed broadband, video and voice services to its cable footprint.

“GTCR has been evaluating numerous opportunities within the cable industry”
GTCR, in partnership with Phil Spencer, formed RBI in 2012 with the purpose of acquiring broadband infrastructure assets in small and mid-sized communities. NewWave is the 22nd largest MSO in the country passing approximately 250,000 homes and serving over 90,000 customers in rural Illinois, Indiana, Missouri and Arkansas. This is the first in a series of acquisitions being pursued by RBI, which plans to acquire 300,000-400,000 cable subscribers in small-to-mid sized rural markets to deliver a breadth of services to residential and commercial customers.

“The acquisition of NewWave Communications is a great first step and provides us with an excellent platform to build upon,” said Mr. Spencer, CEO of Rural Broadband Investments. “NewWave has done an outstanding job upgrading its network, moving to DOCSIS 3.0 and constructing fiber to tie their markets together. These efforts give us an outstanding platform to roll out enhanced video, voice and high-speed internet services as well as advanced commercial services. In addition, NewWave has an outstanding employee base and we plan to continue to build on the great work they have done over the last several years.”

“GTCR has been evaluating numerous opportunities within the cable industry,” stated Phil Canfield, Managing Director at GTCR. “We were very fortunate to have former FCC Chairman Reed Hundt working with us as we developed our investment thesis and sourced the team. The NewWave acquisition is an exciting opportunity and the ideal starting point from which to build our investment in the industry. We look to build a leading cable platform through increasing high-speed data penetration, growth in commercial services and accretive acquisitions.”

Added Mr. Hundt, also a Senior Advisor to GTCR and new RBI board member, “With the transformation taking place in the cable industry and RBI’s business model to provide high speed broadband connectivity to small-to-middle sized markets and rural geographies, I think Phil Spencer will be a dynamic change leader for both the industry and RBI. I look forward to working with him and being a part of this exciting time within the cable industry.”

GTCR’s investment in NewWave will be made from GTCR Fund X, a private equity fund with $3.25 billion of committed capital.

Kirkland & Ellis LLP served as legal counsel and PriceWaterhouseCoopers served as accounting advisor to GTCR. SunTrust Robinson Humphrey, Inc. (STRH) served as exclusive financial advisor to GTCR. STRH and Goldman Sachs Bank USA have committed to provide the debt capital to support the transaction and will serve as Joint Lead Arrangers and Joint Bookrunners on the financing. Waller Capital Partners served as an advisor to Rural Broadband Investments.

About GTCR

Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare and Information Services & Technology industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $10 billion in over 200 companies.

About Rural Broadband Investments

Rural Broadband Investments, headquartered in Overland Park, Kansas, acquires and invests in rural-focused cable systems serving residential and commercial customers in small-to-middle sized markets and rural geographies.

Contacts

for GTCR
Eileen Rochford, 312-953-3305

The post GTCR and Rural Broadband Acquire NewWave appeared first on peHUB.

At 10 AM BST, Nokia’s highly anticipated press event kicks off in London. Details are scarce at the moment, but what we can tell you for sure is that the Finnish phone manufacturer is preparing the “next installment”.

What could that be? Well, yesterday, three days after the Lumia 928 was unveiled, Nokia’s UK arm teased a new Lumia Windows Phone which takes some design cues from the Verizon-exclusive handset. Speculation aside, we are looking forward to seeing what Nokia has in store for us.

The webcast kicks off at 10 AM BST (that’s 5 AM Eastern Time) and we’ll be liveblogging it here. All updates will be in reverse chronological order, meaning the latest ones are first (and first ones are last). You’ll need to hit the refresh button to get the newest updates.

Arch Linux is considered by many to be the Linux expert’s OS of choice. As you may or may not know, Arch Linux is a very robust rolling-release OS with bleeding edge (yet stable) packages. Arch has a really large and knowledgeable community. However, there is a price to pay to join this elite club of Linux users — a terrifyingly hard command line installer.

Truth be told, Arch is not that difficult too install (even though it has that reputation), as long as you print out detailed instructions and follow them step by step. Unfortunately, many people do not have the time and patience for such a project. Some advanced Linux users (such as myself) just want an easy to install distro because we simply do not have the time. However, we also want to enjoy the benefits of Arch. Cinnarch was a Linux distro born to solve this dilemma.

Cinnarch combined the rock solid base of Arch Linux with an easy to use installer and used Linux Mint’s Gnome3 fork desktop environment called Cinnamon (get it? Cinnamon + Arch = Cinnarch). Cinnamon itself was a solution to another dilemma; users that hated Gnome3.

Unfortunately, as Cinnamon forked way too far from Gnome, it became too difficult and cumbersome to maintain for Arch Linux. So, ironically, Cinnarch decided to drop Cinnamon for Gnome3. Naming a distro after the desktop environment proved to be foolish and shortsighted. It made no sense to continue to call the distro “Cinnarch”.

And so, Antergos is born…

Installation

The first public release of Antergos was announced on 12 May and is available now for download (version 2013.04.11). Being a huge fan of Arch and Gnome 3, I had to test it, so I quickly downloaded the ISO and began the install.

The first thing you are presented with is an option to run a live session, a Command Line install or a Graphical install. I always prefer to install from within a live environment so I can play around during the install.

Once booted to the live session desktop, I launched the Antergos graphical installer dubbed “Cnchi”. I was blown away by the polish and simplicity of Cnchi.  I was given the option to install the following desktop environments:

• Gnome3
• Cinnamon
• XFCE
• Razor-qt

I am a huge Gnome fan so I installed Gnome3. The rest of the setup was as expected for Gnome. I set up my profile and disks and was on my way.

Software

I was very happy to see that Antergos was using Gnome 3.8.1. Many distros are still on Gnome 3.4 and 3.6. A quick “uname –r” in Terminal showed that Kernel 3.9.2 was already installed — impressive. Antergos provides a fair amount of default software but here are some of the major examples:

• Chromium as the default web browser
• Xnoise for music
• Empathy for chat
• Shotwell for photo management.

These are all great choices. Curiously, there was no office suite provided. Typically, if a Gnome-based distro doesn’t supply Libreoffice, they at least supply Abiword. Strangely, there was no email client installed either (Thunderbird? Evolution?).

Lack of Libreoffice gave me a great opportunity to use “PackmanXG”, which is Antergos’ choice of package management software.  Ubuntu users may be be in shock to see packages listed by their name only. Despite the lack of graphics, PackmanXG is very robust and easy to use. There was a plethora of packages available to the user. In particular, I was very impressed with the Arch Linux Libreoffice installer. It gave me a straightforward way to choose the aspects of Libreoffice that I wanted. It even let me choose Gnome vs. KDE integration.

Conclusion

Antergos is a distro that is great for both Linux beginners and Linux experts. You have stability and updated packages backed by a great community with a very easy and polished graphical installer. My only suggestion to the developers would be to include Libreoffice (Office Suite) and Evolution (email client). This will create a better out-of-the-box user experience, which is important for broader adoption. This is definitely a distro to keep an eye on and a candidate to become the definitive Gnome3 distro. In that regard, Fedora, you are on notice.

Photo Credit: Fer Gregory/Shutterstock

If you happen to be a runner then you have a plethora of choices these days for tracking every bit of workout information that you could possibly have wanted to know, and likely some you did not. There are websites, mobile apps and even watches that know more about you than, well, you do.

One of the most popular is called RunKeeper. The service falls into every category I named and even comes with Pebble Watch, in addition to its own watch. Now the service brings a major overhaul to the web side of things. “We created RunKeeper to be a powerful personal trainer in your pocket, but many of you look to our website to do things like drill deeper in your workout tracking, interact with friends, and connect with other partner apps” the company claims.

RunKeeper was concerned that some feature were too buried to be useful and that some were even duplicated, making it more confusing to customers. The refresh is designed to change that.

The company promises that it has “taken the time to give RunKeeper.com the revamping it was due (especially considering the spiffy new redesigns our mobile apps got earlier this year). Now the website offers the same inviting, fun, and helpful experience that RunKeeper for iPhone and Android do (we hope)”.

The top navigation is simpler and more intuitive, the ‘Feed’ button will show you what your friends are up to, and the ‘Me’ button gives you activity history, fitness reports, training plans and routes.

The new updates are a welcome change for users who already experienced many of these features in mobile form, but were likely frustrated by what the website offered.

Photo Credits: ostill/Shutterstock

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