TechFlash: Palo Alto Networks to buy Cyvera; Crunchies spotlight tech backlash

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February 11, 2014

Palo Alto Networks may pay $190M for Cyvera security startup Palo Alto Networks is reportedly close to an angreement to pay up to $190 million for cyber security startup Cyvera. Crunchies shine spotlight on tech backlash, Snowden, Bitcoin The Crunchies awards, the tech industry's biggest celebration of itself, seemed mostly about people who weren't in the room on Monday night. Payment startup Stripe expands to include 130 currencies Payments startup Stripe has broadened its portfolio to include 130 international currencies for use by its e-commerce customers, including such notes as the Algerian dinar and the Chinese renmibi. Microchip to buy Supertex for $394 million Microchip Technology Inc. is buying Supertex Inc., a Sunnyvale-based semiconductor manufacturer, for $394 million. XPrize opens $2 million contest for oceanic health The Wendy Schmidt Ocean Health XPrize competition has opened registration for a contest where participants develop new technologies to track oceanic health. VC firm Telegraph Hill names new partner Venture capital firm Telegraph Hill Partners has named Paul Grossman as venture partner. More founder & funder news BREAKING: World's biggest Bitcoin exchange shuts down services The new IPO: Lower costs, less chaos L.A. is a great big tech scene: On the sand with Silicon Beach LA's founder Neurala to provide a brain for flying robots - Boston Ex-Babson prez joins VC firm Data Point Capital - Boston

Cromwell Schubarth Senior Technology Reporter cschubarth@bizjournals.com 408.299.1823 Connect with us SVBJ Tech News McAfee privacy chief on how Web privacy is improving, how Big Data is like teen sex and Lady Gaga's meat bikini Tesla foreign sales outlook bumps stock to record high Google teams with Foxconn on robot-manufacturing push PayPal president's credit card info swiped by hackers Virgin America to launch in-flight social network Reputation.com CEO on why it's harder to get Google to forget your transgressions Icahn drops Apple share buyback crusade Apple sapphire factory to double world production of gem used in screens

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