Highlights: Last week on Philly Tech News (11/7 to 11/13 2011)




Best Buy gets deeper into IT services for small & medium-sized enterprises by acquiring mindSHIFT, which has a strong presence in the Philly area, for $167 million.

Although speculation always arises about Comcast's wireless plans, CFO Michael Angelakis reasserted at an analysts' conference last week, "We have no desire to own a wireless network".

Leading SaaS/Cloud strategist John Wookey, who left SAP last spring, is the latest star to show up on Salesforce.com's payroll.

Philly-based and DreamIt Ventures-backed startup ElectNext officially launched.

At its BE Inspired Conference last week in Amsterdam, Exton-based Bentley Systems announced two acquisitions, Pointools and FormSys, and also announced an agreement with Microsoft to use Azure for its cloud-based Transmittal Services Offering.

And Quepasa completes its acquisition of myYearbook.com. The combined company trades on the NYSE AMEX under the symbol QPSA. Not clear yet where corporate headquarters will be. myYearbook CEO and cofounder Geoff Cook will serve as Quepasa's COO and president of its Consumer Internet Division.
(Update: Quepasa's earnings report released today says combined company will be headquartered in New Hope.)


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