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San Francisco Business Times

September 15, 2014

Bloomberg looks to raise Bay Area tech profile

By Patrick Hoge

Despite Bloomberg LP’s reputation as a news provider, the company’s roots lie in the technology behind the trademark terminals notorious among financial services firms.   In a nod toward those technological origins, Zach Haehn will be hiring around 100 Bay Area based workers focusing on data science and analytics who will be based in the company’s new R&D office, headquartered in San Francisco’s lauded 140 New Montgomery building. The 100 workers will join the ranks of over 3,500 technologists employed by Bloomberg (versus the 1000 or so employees dedicated to media generation).

The San Francisco-based Bloomberg office will be focused on fostering more open collaboration than the in-house proprietary technology it focused on previously, in a move to integrate the platform in an array of newly generated platforms and apps. A key part of that strategy involves hosting events in the company’s stylish new offices, housed on two floors of the  recently-renovated art-deco building known as 140 New Montgomery Street.

Read the San Francisco Business Times’ story here.