The Global Social Network
Pakistani-American Demographics Source: Migration Policy Institute |
Pakistani Diaspora World's 7th LargestPutting it in context of the global Pakistani diaspora, there are 5 million to 6 million people of Pakistani descent living outside Pakistan, making up the world's 7th largest diaspora. Of these, the US alone has 410,000 Pakistanis, according US Census 2010. California state has 47,000 Pakistanis, about a quarter of them in Silicon Valley. Silicon Valley Pakistanis are enabling the 2nd Machine Revolution which is expected to be similar in scope and transformational impact as the First Machine Revolution, also known as the Industrial Revolution of 18th century. |
Moore's Law Source: Wikipedia |
Riaz Haq's Person of the Year Plaque from PC Magazine 1988 |
PanaCast, another tech company in Silicon Valley with a PakistaniAmerican founder (Aurangzeb Khan), gets VC funding:
Altia Systems, developer of the award-winning PanaCast system for video and web collaboration, today announced that it has raised $10.5 million in series B funding, with Intel Capital as the lead investor.
Altia Systems' PanaCast Experience -- which consists of the PanaCast camera, cloud and apps -- is an award-winning, industry-first video and web collaboration service that lets users connect via immersive Panoramic-HD video and HD audio, anytime and anywhere, right from their smartphones, tablets and personal computers. Intuitive touch-enabled controls allow all the participants to see what they want within the whole visual field, in real-time and independently of each other. The PanaCast camera works with leading collaboration platforms like Microsoft Lync, Cisco WebEx, Citrix GoToMeeting and Google Hangouts with no change or upgrade required.
"We are pleased that Intel Capital chose to lead this round," said Aurangzeb Khan, co-founder and CEO of Altia Systems. "Working with Intel Capital will help us further develop the PanaCast Experience and advance the underlying technology roadmap faster and more efficiently, particularly for enterprise customers."
"The way businesses work today has evolved from local to globally-distributed organizations that need to collaborate in real time to win," said Ramamurthy Sivakumar, managing director at Intel Capital. "The PanaCast Experience enables pervasive collaboration and the PanaCast multi-imager technology, when combined with a highly scalable cloud and apps, has the potential to transform how people engage with each other to work, live, learn and play."
http://www.marketwired.com/press-release/altia-systems-receives-105...
Comment
South Asia Investor Review
Investor Information Blog
Haq's Musings
Riaz Haq's Current Affairs Blog
Barrick Gold CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. Speaking about the Pakistani mining project at a conference in the US State of Colorado, the South Africa-born Bristow said “This is like the early days in Chile, the Escondida discoveries and so on”, according to Mining.com, a leading industry publication. "It has enormous…
ContinuePosted by Riaz Haq on November 19, 2024 at 9:00am
Citizens of Lahore have been choking from dangerous levels of toxic smog for weeks now. Schools have been closed and outdoor activities, including travel and transport, severely curtailed to reduce the burden on the healthcare system. Although toxic levels of smog have been happening at this time of the year for more than a decade, this year appears to be particularly bad with hundreds of people hospitalized to treat breathing problems. Millions of Lahoris have seen their city's air quality…
ContinuePosted by Riaz Haq on November 14, 2024 at 10:30am — 1 Comment
© 2024 Created by Riaz Haq. Powered by
You need to be a member of PakAlumni Worldwide: The Global Social Network to add comments!
Join PakAlumni Worldwide: The Global Social Network