Cisco reportedly aims for $2B BroadSoft buyout | U. of Md. cybersecurity club sweeps national computer security competition | Investment firm AllegisCyber plans Fulton office location
November 2, 2017
TCM SmartBrief
Cybersecurity and Technology
Cisco reportedly aims for $2B BroadSoft buyout
Cisco reportedly aims for $2B BroadSoft buyout
(Justin Sullivan/Getty Images)
Cisco is close to an agreement for an acquisition of Gaithersburg, Md.-based BroadSoft, which provides communication software and services, for almost $2 billion, a source says. The deal would let Cisco expand its business.
Reuters (10/23),  TechCrunch (10/23) 
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U. of Md. cybersecurity club sweeps national computer security competition
A group of students in the University of Maryland's cybersecurity club earned national distinction after winning the collegiate division of a Kaizen CTF -- Capture the Flag -- computer security competition hosted by Booz Allen Hamilton and sponsored by MITRE. More than 500 teams competed in three divisions -- high school, college and professional -- with the UMD team beating every team in every division.
The Diamondback (University of Maryland) (10/29) 
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Health IT
TEDCO names all expo finalists winners; each awarded $125K
The TEDCO Entrepreneur Expo had six finalists with solid incubator ideas for their startups, and the agency ended up increasing its overall award and naming all six as winners. Each incubator, which is a collaboration among a few or several organizations, will receive $125,000. (10/26) 
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FDA releases guidance documents on de novo classification requests
A draft guidance has been released by the FDA to provide its staff clarification on the approach to decision-making when evaluating de novo classification requests for medical devices, with the duration of the initial acceptance review not exceeding 15 days. Meanwhile, a guidance providing more details on submitting and reviewing de novo classification requests has been finalized by the FDA.
Regulatory Focus (10/27) 
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Vaccine and Immunotherapeutics
Researchers develop HIV vaccine candidate
Researchers with the University of Maryland and Duke University are developing an HIV vaccine candidate based on a fragment of the sugar-protein molecule gp120 that acts as the virus' protective envelope. In tests with rabbits, the candidate provoked antibody responses to four strains of the virus, according to a study in the journal Cell Chemical Biology.
United Press International (10/27) 
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Biotech and Life Science
Funds for programming sought for USG's upcoming biomed center
With construction completion of the Universities at Shady Grove's Rockville biomedical sciences center building slated for 2019, Montgomery County Executive Ike Leggett is seeking state funding for programs that will be conducted at the facility, including biotech, cybersecurity and health care classes.
Bethesda Magazine online (Md.) (10/23) 
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Government Affairs
U. of Md. teams up with city leaders to transform Baltimore
Researchers at the University of Maryland are partnering with city leaders, stakeholders and neighborhood groups to strategize ways to transform Baltimore into a smart city. A $100,000 grant from the National Science Foundation will be used to fund the one-year strategy session to determine ways to bridge the digital divide and improve quality of life through public health, safety and economic development.
The Baltimore Sun (10/26) 
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Talent and Capital
State's quest to be US cybersecurity hub boosted by local startup talent
Maryland, which seeks to become the nation's nerve center of cybersecurity, has a distinct advantage in that an abundance of government contractors in the state are available to create startups, Stephen Babcock writes. This also provides opportunities for existing cybersecurity-related enterprises that could spin off new companies using in-house talent. (10/25) 
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Digital Harbor turns Baltimore rec center into STEM-growing greenhouse
The nonprofit Digital Harbor Foundation invested in a vacant Baltimore recreation center that has been turned into a technology center where area youth come to participate in STEM classes. The lab is an example of the national movement known as maker education, which promotes 21st-century learning by hands-on work.
Politico Magazine online (10/19) 
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MTC News
MTC event: Opioid Epidemic State of Emergency -- Nov. 29
As you know, the White House announcement regarding the opioid crisis has generated a lot of buzz around America. Opioid misuse and addiction is an ongoing and rapidly evolving public health crisis. As part of statewide efforts to address this crisis, join us to hear national speaker Dr. Nora Volkow, Director, National Institute on Drug Abuse, NIH talk about the epidemic, prevention and treatment, and how science can help. Find more information here.
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Welcome new members!
The Maryland Tech Council is welcoming new members! Let's meet at the next Member Orientation, January 18, 2018!

The new members from July 27 - October 31, 2017:

3Dnamics Inc.
Adaptive Phage Therapeutics, Inc.
Advanced Therapies Partners LLC
Agrimetis LLC
BCD Innovations, INC.
BNY Mellon Wealth Management
Champions Oncology
Cian Diagnostics
Elcrist Advisors
Glycot Therapeutics LLC
Healable, Inc.
Ideal Innovations, Inc.
Prime Group Inc.
Quales, LLC
Rapa Therapeutics
Theraly Fibrosis Inc.
VLP Therapeutics

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Learn more about Maryland Tech Council:
About | Membership | Events and sponsorship
It is hard to fail, but it is worse never to have tried to succeed.
Theodore Roosevelt,
26th US president
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About the Maryland Technology Council
The Maryland Tech Council (MTC) is a collaborative community that is actively engaged in building strong technology and life science industries by supporting the efforts of our individual members. MTC is the largest technology and life science trade association in the state of Maryland providing value to members by giving them a forum to learn, share, and connect. MTC is also the only technology council in Maryland with a full-time presence in Annapolis working year round representing its members' interest and seeks to influence policymakers on issues such as tech, life science, economic development, capital formation, higher education, transportation, workforce, tax climate, and more.

In addition, members of MTC are provided with educational programming taught by industry leaders with a focus on key topics and a variety of opportunities to participate in both large and small events. Members also have access to our Cost Savings Program where they can choose from our list of reputable companies that provide discounts for business services.
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