Business Bits

  • Adept Technology, Inc.

    Adept Technology, Inc., a provider of intelligent vision-guided robotics and global robotics services, celebrated this month's National Robotics Week with a number of events in the Bay Area, including a "Robotics in Action" open house at its Hacienda headquarters.

    "Robotics as we understand them today are on the cusp of significant changes being driven by technologies outside of the industry," said John Dulchinos, president and CEO of Adept Technology, Inc. "The way in which robots consume information via cloud computing, learn from the environment, process tremendous amounts of information to determine action, and permit real-time control is altering the way robots are valued and deployed in new applications. The fact that much of this change is being driven by innovation and thought leadership within the United States makes an event like National Robotics Week all the more exciting."

    The open house featured demonstrations of how the field of robotics is advancing and expanding the man/machine connection, including robots being controlled by human brain activity and Apple's new iPad.

  • Iron Planet

    Iron Planet, a company which moved to Hacienda just six months after its 2000 founding, has filed a registration with the Securities and Exchange Commission for a proposed initial public offering (IPO) of common stock. The company provides an online marketplace for used heavy equipment used in industries including development, construction, and agriculture. The prospectus for the IPO is currently being finalized but a preliminary version is available from J.P. Morgan Securities, Inc., and Deutsche Bank Securities, Inc.

  • 1st United Services Credit Union

    Hacienda's 1st United Services Credit Union has unveiled a unique fundraising scheme to help support the new Sutter Medical Center Castro Valley, a facility scheduled to replace the current Eden Medical Center in 2013. The credit union will donate $25 to the Eden Medical Center Foundation for every qualifying direct-deposit checking account opened by residents of Alameda and Contra Costa counties during 2010. In addition, the new account holder will receive a $25 rebate from 1st United Services Credit Union.

    "We're proud to partner with Eden Medical Center Foundation to equip the new hospital with the best possible technology and equipment," said Victor Quint, President and CEO of 1st United Services Credit Union. "We hope many East Bay residents will take advantage of this opportunity to join with us and support their new local hospital."

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