Atlona moves HQ to San Jose in expansion
Atlona moved Monday from Sunnyvale to a San Jose building that has become the company's new headquarters.
"The main reason for moving was expansion," Atlona CEO Ilya Khayn said. "We've been growing so quickly. We ran out of room in Sunnyvale." The new head offices is at 70 Daggett Road in San Jose.
The company has 60 employees, but now has room for 120, Khayn said.
Atlona makes connectors for devices used in consumer electronics, home theater, medical, education and government applications.
Zeltiq names new finance chief
Pleasanton-based Zeltiq Aesthetics said Monday it has named Patrick Williams chief financial officer.
Zeltiq has developed a fat reduction technology that uses controlled cooling to reduce the temperature of fat cells, and says it can remove fat without causing scar tissue or skin damage.
Williams brings to Zeltiq expertise in strategic planning, operational management, financial reporting and investor relations.
Before joining Zeltiq, Williams had extensive stints in senior finance positions at Callaway Golf, NuVasive and Kyocera Wireless.
Chevron advances shale gambit
San Ramon-based Chevron and YPF officials will attempt to move forward this week on a proposal to jointly develop deposits at the world's third-largest reserves of shale oil and gas in Argentina, a YPF document obtained by Bloomberg News shows.
Technical teams will convene in Houston two months after Chevron signed a memorandum of understanding to study the recovery of oil from aging wells through new technologies and partnerships to tap the Vaca Muerta shale formation, according to the internal document.
Vaca Muerta is a Connecticut-size area that contains at least 23 billion barrels of oil.
YPF, which the government expropriated from Spain's Repsol in April, is seeking a shale partner to invest $4.5 billion as part of a $37.2 billion five-year expansion, according to the document.
-- Bloomberg News