Hacker League, a platform to manage Hackathons, is being acquired by Intel: http://techcrunch.com/2013/12/03/hacker-league-mashery-intel/
Hacker League was founded by former Rutgers students: Mike Swift (who graduated in Spring 2012 with a CS undergraduate degree), Abe Stanway, and Ian Jennings. On a related note, Rutgers is one of the top performers in local hackathons. Read more here: