Highlights last week on Philly Tech News (7/9/2012 to 7/15/2012): Neat Company, Poptent and Fiberlink

I reported on Philly-based The Neat Company's launch of its new NeatCloud and NeatMobile offerings.

Comcast announced that its partners in A&E Networks, Disney and Hearst, had agreed to buy its 15% stake in the cable networks for slightly more than $3 billion. The possibility of a deal had been reported upon in recent weeks. Comcast continues to move away from partial stakes, seeking either complete ownership of assets or an exit.

I took a look at First Round Capital's job board for its portfolio companies, noting the large number of opportunities and the openings in the Philly area.

Philly Tech News' partner website, NJTechWeekly.com, celebrated its one year anniversary.

Poptent, the crowdsourcing site for video ad production with co-headquarters in Conshohocken and the LA area, raised an additional $5.5 million led by previous investor MK Capital.



Fiberlink Communications of Blue Bell, following Bentley Systems' lead, became the latest suburban tech company to open an office in Philadelphia. The new space, at Three Parkway, could eventually house up to 140 employees.

The Washington Post reported that the Department of Justice may hold up Verizon Wireless' huge spectrum acquisition from a syndicate of cable operators, although other reports have indicated the spectrum sale would glide through but the focus of DOJ and the FCC would be the cross marketing deal between Verizon and the cable companies.

Radnor-based QlikTech announced that it expected revenue to fall below its prior forecast for the 2nd quarter. However, its stock help up fairly well, perhaps because it had already fallen due to other warnings (such as Informatica's) in the prior week.


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