Highlights last week on Philly Tech News (9/3/2012 to 9/9/2012)
I look at what had happened to the companies on Philly Tech News' "Young Companies To Watch" from one year ago: ten of the thirty have since been acquired.
Once is not enough: Yardley-based newspaper chain Journal Register filed for bankruptcy for a second time. This time it is to be sold; I wonder if there are any potential local buyers for its Philly-area papers?
A reasonably credible source (The 451 Group) said that Blue Bell-based Fiberlink, whose software helps provide security for mobile devices accessing corporate networks, is looking for a buyer. This would not be surprising, as the company has been looking towards an exit for some time, and an IPO may be too high a hill for it to climb right now.
Apple's talks with media companies (including Comcast) aimed at gaining content for iTV are reported to have bogged down over inevitable conflicts related to the differences in their business models. Speaking of Apple, Business Week did a story on some high-profile Apple bloggers focusing on Philly's John Gruber.
Oracle appealed in federal court to have the $1.3 billion verdict against SAP in the TomorrowNow case, which was sharply reduced by the trial judge, reinstated.
And Neat Company, which in July announced the introduction of its NeatCloud and NeatMobile for iOS products, followed up last week by releasing NeatMobile for Android.
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