Venture Connectors Luncheon: Former Stonestreet One president talks acquisition by Qualcomm

VentureConnectors-300x156It has been almost two years since Qualcomm acquired Louisville’s Stonestreet One for an undisclosed sum. On Wednesday, June 1, the founder of Stonestreet, Tim Reilly, will share his experiences with one of the city’s most notable acquisitions at the June Venture Connectors Luncheon.

The Bluetooth engineering company had some high-profile local investors, like serial investor Bob Saunders and Mayor Greg Fischer.

Stonestreet’s jobs stayed in Louisville following the acquisition. Reilly now serves as senior director of business development in wearable products for the San Diego-based Qualcomm; he also led the integration of Stonestreet’s tech with Qualcomm’s.

Reilly is a Louisville native and a University of Louisville alum. Early in his career he was a software engineer for firms in Florida and Illinois. In 1996, Reilly founded Reilly Systems in Louisville. Rebranded as Stonestreet One in 1999, the company provided application software for Bluetooth wireless technology.

Venture Connectors meetings are held on the first Wednesday of each month at the Muhammad Ali Center, 144 N. Sixth St. Doors open at 11:30 a.m., and the meeting runs from noon-1:15 p.m. Registration is required at: Members attend free; associate members pay $30. Guests who register online by noon the day before the lunch pay only $40.