TechTaffy

tech:

taffy

Logitech nominates EPFL president Patrick Aebischer to board

By TechTaffy Desk

Logitech says that its board of directors will ask shareholders to approve the election to the board of Patrick Aebischer, president of the École polytechnique fédérale de Lausanne (EPFL). The election will take place at Logitech’s annual general meeting (AGM) in Lausanne, Switzerland on September 7, 2016.

Long-standing director, Kee Lock Chua, has decided not to stand for re-election to the board at the 2016 AGM when his current term ends, said Logitech in a statement. Mr. Chua has been a non-executive member of Logitech’s board of directors since 2000. He is the chair of Logitech’s Nominating Committee and also serves on the company’s Audit Committee.

[Image courtesy: Logitech]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.