IBM to buy Princeton Softech (InfoWorld)
Well, I had it first on the list of "Young Companies to Watch" list I was starting(see side), and now its gone. Eaten up, like all our young.


Penn gets $20 million for nanotech center (Philadelphia Business Journal)
From nuclear waste to nanotech. Interesting transition.


SAP Consolidates Media at MindShare (AdWeek)


Product lifecycle management goes enterprise (SearchSap)

Sprint Picks Google over Cable?
Analyst says search king is behind carrier’s decision to walk away from cable spectrum deal. (Red Herring)
Implications for Comcast


Unisys announces contract, loses $250K trademark infringement decision (Philadelphia Business Journal)

Software Firms Think IPO
After a long dry spell, a string of public offerings has makers of business software chasing the dream. (Red Herring)


Robust recruitment = $4,500 (phillyinc/Philadelphia Inquirer)
Avenue A/Razorfish


Ben Franklin to Invest $518,610 in Six Companies (BusinessWire)
Viddler Inc. among those funded.

Universe Point Launches First Monitored Backup Software (PRWeb)