Highlights last week on Philly Tech News (12/3/2012 to 12/9/2012)





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On Philly Tech News, I looked at how Malvern-based Rajant Corp is succeeding
with its Kynetic Mesh Wireless Networks
, and spoke with CEO Robert Schena about the company's future prospects.

Comcast has had its problems in Vail and on Martha's Vineyard, and I look at what the stumbling blocks have been with these remote and wealthy communities.

Five Philly-area startups indicated in SEC filings that they have received new funding rounds.

In news from other sources, Friday was apparently the deadline for initial bids for Google's Horham-based Motorola Home unit. Arris and Pace were said to be the leading bidders. Janney's Tony Wible suggested that a Google acquisition of TiVo was conceivable. Such a deal could in part be due to TiVo's patent infringement claims against Motorola Home.

QVC acquired social classifieds website Oodle. And IBM completed its $1.3 billion acquisition of Wayne-based Kenexa.

DreamIt Ventures graduated its Fall 2012 Philadelphia class of 15 startups, and also formally launched a healthcare accelerator in partnership with Independence Blue Cross and Penn Medicine. Also, Blackstone LaunchPad expanded
its student entrpreneurship program
to Philadelphia with a $3 million investment.

The Inquirer's Joe DiStefano did an excellent profile of SAP co-CEO Bill McDermott, who is based out of Newtown Square.


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