Highlights last week on Philly Tech News (10/15/2012 to 10/21/2012)





Glenside-based Flash game and video site Newgrounds received a $17.5 million venture capital investment, according to the 3rd quarter MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association using data from Thomson Reuters.

I looked at some numbers related to the recently completed Accenture/Octagon Research Solutions acquisition, and made a rough estimate of how much Accenture might have paid for Octagon.

I reported on Google's earnings release fiasco, and also Horsham-based Motorola Home's results.

Philly-based middle market PE firm Eureka Growth Capital is raising a new fund targeted for $150 million.

NJTechWeekly's Esther Surden contributed a report on national security concerns about China's Huawei and whether they could effect growth of Huawei's new R&D center in Bridgewater, NJ.

In news from other sources, Softbank announced an agreement to buy a 70% stake in Sprint Nextel. SAP TechEd wrapped up in Las Vegas, and Salesforce.com's CloudForce NYC was held on Friday. And Violin Memory, backed by SAP among others whose flash memory products are important to the growth of many in-memory platforms, is reported to have filed for an IPO to raise up to $2 bilion.

Quote of the week: Charlotte Field, Comcast senior vice president of infrastructure and operations: "We want to be the next Apple".


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Daily Links 10/23/2012: Tax incentives aimed at bringing Oracle jobs to PA ready for Corbett's signature





Tax incentive to lure software maker Oracle to Pennsylvania awaits Gov. Corbett's signature (Philadelphia Inquirer)

SAP, Oracle negotiations: It's complicated (ZDNet)

SAP’s Gilroy bullish on channel growth (ChannelBuzz.ca)

Ametek raises full-year profit forecast again
(Reuters)
Also announces it will buy Micro-Poise Measurement Systems for $170 million.

Tely Labs Dials Up New Video Conferencing Solution for Business With Strategic Investments From Comcast Ventures and Rogers Venture Partners (Marketwire)

Comcast forms CoMPASS team to develop next generation user interfaces (FierceCable)


McSlarrow Getting New Operational Post At Comcast/NBCU: Sources (Multichannel News)

Netflix's third-quarter earnings tumble amid global expansion (LA Times)
Netflix shares down 16% in after hours.

Comcast, NBC and the NHL lockout (Philadelphia Inquirer: Broad Street Bull)

Zagster Raises $1,000,000 to Accelerate National Rollout of Bike Sharing Programs for Hotels, Employers and Real Estate Managers (Marketwire)
Now based in Cambridge, MA, Zagster was originally founded in Philadelphia as CityRyde.

InterDigital’s Standardized M2M Technologies Power Multi-Vendor Machine-to-Machine Demonstrations and Interoperability Testing at ETSI Forum (Business Wire)

Healthcare IT venture capital and M&A hold strong in Q3 2012 (Healthcare Finance News)



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