Highlights: Last week on Philly Tech News (2/27/2012 to 3/4/2012)

I profiled the objectives, agenda and participants for the upcoming Phorum 2012 Cloud Computing Conference to be held on March 28 at World Cafe Live.

King of Prussia-based BuySide Partners (formerly A-Frame Technology Assurance) separated from A-Frame Technology Services to focus primarily on its opportunities in helping the Department of Defense improve the efficiency of its massive IT operations. I discussed BuySide Partners' plans with Managing Partner Chris Panaro.

New Jersey Tech Weekly's Esther Surden contributed an article to Philly Tech News about TechLaunch, New Jersey's first tech accelerator.

Lawrenceville, NJ-based Edison Ventures' newest fund, Edison VII, closed with $249 million raised, and as usual it hopes to invest a good portion of that in the Philly area, the Inquirer's Mike Armstrong reported.

Online advertising platform OpenX (a First Round Capital portfolio company) acquired King of Prussia-based startup LiftDNA; there is some talk that Pasadena, CA-based OpenX might be thinking about an IPO.

Philly's 3D printing and prototyping lab NextFab Studio, headed by Evan Malone, is planning a second, much larger facility on Washington Ave. in South Philadelphia, the Inquirer's Joe DiStefano reported.

A Politico reporter at a media event ran into Ed Rendell, and asked about the status of his bid for Philadelphia Media Network. He is reported to have replied that "the bids went in today" (this past Friday). Whether that quote is completely accurate or that it means there are multiple bidders is not entirely clear. As you may know, impromptu Rendell quotes may sometimes later be disavowed.



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