Highlights last week on Philly Tech News (10/8/2012 to 10/14/2012)
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Enterprise cloud software vendor Workday saw its shares rise 74% in its first day of trading after repeatedly increasing its offering price, and its market value approach $8 billion. Workday is seen as a rising competitor to SAP and Oracle.
I discovered that InterDigital had relocated its corporate headquarters from King of Prussia to Wilmington, DE.
There has been a good deal of venture investment activity in the Philly area lately, and I provided a roundup of it.
Safeguard Scientifics held its Investor Day 2012 conference in New York last week.
An unredacted version of a lawsuit against several PE firms released last week alleges that several of them cooperated to hold down bidding in the 2005 $11.4 billion LBO of SunGard Data Systems.
DreamIt Ventures filed to raise a new fund of up to $50 million, suggesting that it will be doing a little more follow on investing in incubator companies.
NJTechWeekly's Esther Surden contributed a report on Princeton Tech Meetup's late August event.
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