More on Devon IT lawsuit against IBM

Devon IT lawsuit filed against IBM and four of its executives in the Eastern Districtof Pennsylania (pdf).
See original post here.

Liberty Media to separate businesses; Implications for QVC, TruePosition and Atlanta Braves

John Malone's Liberty Media said yesterday that it will split off its Liberty Capital and Liberty Starz units from Liberty Interactive, which controls West Chester-based QVC. Liberty Capital includes Berwyn-based TruePosition, which primarily uses cell tower triangulation to identify mobile phone locations, and the Atlanta Braves, two companies that do not really fit together, as well as interests in other media properties. Liberty Interactive will become an "asset-backed" company rather than function as a tracking stock; tracking stocks (which are one of my pet financial peeves) do not actually own the underlying assets of the businesses they reflect.
I think this deal will open up new strategic possibilities for QVC, TruePosition and the Braves. Baseball people have always speculated that Liberty's ownership of the Braves, who were acquired as part of a deal with Time-Warner in 2007, would be short-term.
The Wall Street Journal quoted Morgan Stanley analyst Ben Swinburne as saying the transaction was "a vote of confidence in the stability of QVC."

2010 Healthcare Informatics 100 named

Healthcare Informatics has released its 2010 Healthcare Informatics 100, and as to be expected companies from the Philly region have a strong presence on it.
HCI ranks Malvern's Siemens Healthcare #7 with estimated 2009 revenue of $1.4 billion. Also ranked in the top 100 are Medquist of Mount Laurel (28), NextGen Healthcare of Horsham (29), Elsevier of Philadelphia (44), Apollo Health Street of Conshohocken (48), Passport Health Communications (55), whose Healthworks division is located in King of Prussia, Vitalize Consulting Solutions of Kennett Square (66), RCM Technologies of Pennsauken (78), and Portico Systems of Blue Bell (97).
Many others on the list have a significant presence in the area.
Expect more M&A activity among this group over the next year (such as the recent Allscripts-Eclipsys deal) as companies seek to strengthen their competitive positions and add more integrated capabilities as the rampup of spending from Healthcare IT stimulus funding accelerates.

Daily Links 6/21/2010: Comcast responds to merger critics

In NBC-Comcast Deal, Quiet Concerns (New York Times: DealBook)

Comcast responds to merger critics (Washington Post: Post Tech)

Comcast Wants Box Options
Enlists NDS to ‘Harden' the CableLabs Tru2way Stack (Multichannel News)

Verizon offers FiOS try-out (Reuters)

DirecTV Co-Owner John Malone Trash Talks FiOS
'Returns on FiOS are atrociously bad...' (Broadband Reports)


SAP showcases more Web 2.0 with "Elements" project (SearchSAP.com)

Software AG: clarifying the story. On being a Global company, an interview with Dr Peter Kuerpick (Enterprise Irregulars)

Cloudera teams up to connect Oracle and Hadoop (CNET News)

Foursquare Competitor SCVNGR Gives Its Users An Identity (TechCrunch)
DreamIt Ventures alum now based in Massachusetts.

Lockheed Martin Team Completes Requirements Milestone for GPS IIIB Program (PR Newswire)

School of the future focuses on the basics (CNN)