Daily Links 7/22/2013: Unisys snares $460 million Fed contract for border protection systems; Edison Ventures invests in two firms

Follow @phillytechnews

 Subscribe in a reader
Subscribe to Philadelphia Tech News by Email


Women in the Workplace: Comcast CFO talks candidly about juggling personal life, work (Glenside News Globe Times Chronicle)

Comcast's X1 availability widens, mass-deployment still planned by year's end (Engadget)

Comcast & TiVo Hit Pause (Zatz Not Funny!)

Sprout Adding 3 New Series (Multichannel News)
Sprout, which is owned by Comcast's NBCU, is based in Fort Washington.

Netflix Q2 results are in: close to 30MM US streaming subscribers, $1B in revenue
(Gigaom)

Netflix Subscriber Growth Falls Short of Projections (Bloomberg)


TV tech: SeventySix sells Omek to Intel; Mass.firm moves to Radnor (Philly.com: Philly Deals)

Unisys scores $460M contract to modernize border protection systems
(Washington Technology)

Edison Ventures Announces Investment in RealMatch (PR Web)
Leads $7 million round with $6 million investment.

Edison Ventures Invests in eSentire Provider of Network Security as a Managed Service (PR Web)
Leads $5.5 million investment in a $7.0 million total financing round in Ontario, Canada based eSentire.

RightCare Solutions, Inc. Reports Positive Topline Results with D2S2 in Reducing All-Cause 30-day Readmissions from Pivotal Study (PR Newswire)

SAP: McDermott to become sole CEO in 2014

Tom Paine

Follow @phillytechnews

 Subscribe in a reader
Subscribe to Philadelphia Tech News by Email


SAP announced yesterday that Jim Hagemann Snabe has decided to step down as co-CEO as of May 2014. He will then join SAP's supervisory board, if 25% of shareholders approve. Snabe,47, said in a statement: “After more than 20 years with SAP, I have decided that it is time for me to begin the next phase of my career, closer to my family. What the entire SAP team has achieved since 2010 is remarkable, and the momentum we have built is now driving the transformation of the industry.”



This change will leave an American, Bill McDermott,51, as SAP's sole CEO for the time being, at least. McDermott has been based out of Newtown Square; SAP hasn't said whether this will continue to be the case. Perhaps SAP's next most important executive, Vishal Sikka, the board member responsible for technology and innovation, is based in Palo Alto, California. SAP is based in Walldorf, Germany.

Co-founder Hasso Plattner, who chairs SAP's supervisory board, has a stake of about 10 percent in the company and plays an important role in providing strategic guidance.


More information is expected from SAP in a conference call today.