Highlights last week on Philly Tech News (12/3/2012 to 12/9/2012)
Follow @phillytechnews
Subscribe in a readerSubscribe to Philly Tech News Weekly Highlights by Email
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.
