|[July 17, 2014]
Bloomberg Opens Dedicated R&D Facility in San Francisco
SAN FRANCISCO --(Business Wire)--
Today Bloomberg (News - Alert) announced that the company is opening a dedicated R&D
office in San Francisco.
"Opening a dedicated R&D office in the heart of San Francisco's tech
corridor is critical to our commitment to attract the best software
developers and develop cutting edge technologies for our customers,"
said Dan Doctoroff, Bloomberg President and CEO. "This new office will
build on our significant presence in the Bay Area -- including sales,
news and media operations, and Bloomberg Beta - and help us engage more
deeply with the local technology community."
Currently the new San Francisco R&D team is based in a temporary
location until the permanent office, located at 140 New Montgomery
Street in the South of Market (SoMA) neighborhood, is fully operational
in 2015. The San Francisco office, which will ultimately employ 100
developers, will be led by Zach Haehn, a senior member of Bloomberg's
"We are very pleased that Zach will lead our efforts," said head of R&D
Vlad Kliatchko. "As a member of our global R&D team sice 2002, Zach has
proven himself to be both a great leader and technologist. His
leadership and experience, coupled with the inspiring work we are doing
at Bloomberg, will enable us to attract top talent and build a dynamic
team in San Francisco."
Bloomberg currently employs over 3,000 technologists globally.
"With existing R&D hubs in New York and London, opening our third hub in
San Francisco is a natural fit," said Doctoroff.
About Technology at Bloomberg
Bloomberg technology helps drive the world's financial markets providing
communications platforms, data, analytics, trading platforms, enterprise
computing solutions, news and information for the world's leading
financial market participants. We deliver these leading solutions to our
customers through the Bloomberg Professional service, digital platforms,
mobile applications and state of the art hardware.
Bloomberg runs one of the world's largest private networks with over
20,000 routers across our network
We process 45-50 billion ticks per day of financial data
We are at the forefront of many technical fields, contributing to
international standards (e.g., C++, HTML5, CSS3), participating in the
global technology community (e.g., OpenStack, Hadoop, W3C (News - Alert)), and
creating and sharing (open sourcing) innovative solutions for complex
Bloomberg, the global business and financial information and news
leader, gives influential decision makers a critical edge by connecting
them to a dynamic network of information, people and ideas. The
company's strength - delivering data, news and analytics through
innovative technology, quickly and accurately - is at the core of the
Bloomberg Professional service, which provides real time financial
information to more than 320,000 subscribers globally.
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