Links 11/14/2013: Lockheed planning to close Newtown facility, with 1,000 employees

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Lockheed Martin to close 1,000-employee Newtown site
(Philadelphia Business Journal)

Lockheed Martin To Consolidate Facilities, Reduce Costs (PR Newswire)

Lockheed lays off 240 in Moorestown (Philadelphia Inquirer)

Alteva's CEO gets grilled on future of landline business
(Times Herald-Record)

NBCUniversal Takes Full Ownership of Sprout Cable Network (New York Times)
Sprout is based in Fort Washington.

Wealthcare Capital Management announces the signing of a definitive merger agreement with NewSpring Holdings as its strategic growth partner (Business Wire)

Coin Is One Credit Card to Rule Them All
(Mashable)

Salesforce.com customers making broader investments, survey says (PC World)


Zoho adds enterprise features to its CRM software, eyes Salesforce.com (PC World)

Edison Ventures Completes $5 Million Follow-on Investment in RedVision Supports Growth of NJ-based Real Property Research Provider (PR Web)

InsPro Technologies Corporation Announces Third Quarter 2013 Financial Results (Business Wire)

Links 10/23/2013: SAP exec says Business ByDesign will live on

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SAP Business ByDesign will live on, exec says (Computerworld)

SAS and SAP – an important match (Diginomica)

Can Forward halt Unisys' decade of decline? (ZDNet)


Philly tech funding up for first time since 2008 (Philadelphia Business Journal)
According to data from EY, Philly PACT and BFTP-SEP.

Pa. gaming chief: No quick move to Internet gambling (Philadelphia Inquirer)

Labor shortage: Pa. software firm [Monetate] pays $5,000 to refer sales, tech help (Philly.com: Philly Deals)


Lockheed profit tops estimates; raises full-year outlook (Reuters)

Healthcare.gov: Latest Victim Of Federal Acquisition Problems? (Information Week)

IBX cancels 24,000 plans that don't meet Affordable Care Act rules (NewsWorks)


Netflix CEO hopeful for deals with Comcast, others (Reuters)

Rockets Side with Comcast in Petition for Chapter 11 Protection for CSN Houston (Multichannel News)



Pace Makes $310 Million Play for Aurora Networks (Multichannel News)

Oracle buys sales order automation specialist BigMachines
(PC World)

Daily Links 3/29/2013: Fisker preparing for possibe bankruptcy filing?; Dell filing details declining fortunes

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Christie touts missile defense contract with Lockheed Martin in Moorestown (NJ.com)

Fisker hires law firm to prepare possible bankruptcy filing -WSJ
(Reuters)

Dell’s Go Private Case Emerged as Business Eroded (All Things D)

Oracle Flim-Flam Alakazams Missed 3Q Earnings (ReadWriteEnterprise)

The First Ever Honest Cable Company Ad (Mashable)

In march towards IPO, Salesforce rival SugarCRM snags another $15.1M (VentureBeat)

Lockheed, Obama Administration in middle of political storm over layoff notice issue

Tom Paine

The US Department of Labor's guidance to defense contractors not to issue layoff warning notices (under the WARN Act) to employees who might be effected by sequestration has raised a political furor, and Lockheed Martin is in the middle of it.

Lockheed had said in June it was considering sending the notices to all of its 123,000 employees, which would go out shortly before election day. But on Friday the Office of Management and Budget said the contracting federal agencies would cover “employee compensation costs for [Worker Adjustment and Retraining Notification] WARN Act liability as determined by a court”. Subsequently, Lockheed announced on Monday it would not be issuing notices as planned in early November.

Lockheed has tens of thousands of employees in Virginia, a key swing state, according to one estimate. Lockheed also has some 9200 employees in the Philadelphia area, according to the Philadelphia Business Journal. They are located primarily in King of Prussia, Newtown, and South Jersey.

Republicans assert that the Administration is skirting the requirements of the WARN Act for political expediency.



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Daily Links 7/2/2012: Dell says its acquiring Quest; First Round Capital among backers of Cory Booker's startup

Lockheed Martin Selected To Manage Major Defense Information Systems Network Operations (PR Newswire)
$4.6 billion contract to be managed from Lockheed's King of Prussia location.

Mystery Over: Dell Inks $2.4B Buyout of Quest Software (Fox Business)

#waywire, Cory Booker’s Personalized News Startup, Uses Video To Give Youth A Voice (TechCrunch)
First Round Capital among the investors.

WebLinc a success after some tough times (Philadelphia Inquirer)
,
Steady cash flow helps Comcast warm up to its theme parks (Orlando Sentinel)

Continue Reading

Newtown-based Freedom OSS named subcontractor to Lockheed Martin on Army Private Cloud project

Tom Paine

Newtown-based Freedom OSS has been named a subcontractor to Lockheed Martin on a project to build a Private Cloud environment for the Army, according to a Freedom OSS press release issued last month. The project aims to consolidate Army data centers from more than 200 to fewer than 20, acccording to the Army's original RFI for the contract. Other vendors for the contract, which has an anticipated period of performance of one year with four optional one-year periods and an estimated ceiling of $249.8 million, include IBM, HP Enterprise Services, General Dynamics, and Northrop Grumman.

I didn't know exactly what had happened to this company. About one and 1/2 years ago I wrote a brief note about the interesting things Freedom OSS was doing in the Cloud with SAP and Amazon Web Services. Then it was like they almost disappeared for a while, and I couldn't find anything about them. The press release gives no indication of how much of the Lockheed portion of the contract might involve Freedom OSS.

Freedom OSS builds cloud platforms for customers with an emphasis on meeting security and compliance requirements.



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Daily Links 1/13/2012: SAP beats quarterly profit estimates

SAP Quarterly Profit Beats Estimates (Bloomberg)
Looks like very strong results in this environment, especially compared to Oracle's most recent quarter.

SAP Q4 Revenues Jump 11 Percent (PC World)


SAP Names New Marketing VP, One With a History (All Things D)

Rue La La operator lays off 65 workers, plans to shutter SmartBargains (Boston Business Journal)
An update on story posted yesterday, with company confirmation and actual numbers.

Retail Convergence closes the curtain on its longest running e-commerce show
Retail Convergence, part of Kynetic LLC, will consolidate SmartBargains.com. (Internet Retailer)

Wharton MBA candidates size up online clothes shopping experience (Flying Kite)

FCC commissioner questions whether Comcast misled regulators (The Hill)

U.S. Air Force Awards Lockheed Martin Contract for Third and Fourth GPS III Satellites (PR Newswire)

Deacom Adds Supply Chain Execution Tools to ERP (TechMATCH Pro)

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Daily Links 9/13/2011: SAP to pay $20 million in Oracle criminal case

SAP will pay $20 million in Oracle criminal case (Reuters)

Rating the Comcast-NBCU Merger: The New Culture Settles In (The Wrap)

Comcast reacts to policy fights with big hires (Politico)

FCC's Internet rules clear a review hurdle (Reuters)


NBC Sports Network the favorite here to win new NFL package (Sports Business Journal)

QlikTech and Deloitte Join Forces to Bring QlikView Business Discovery Solutions to the U.S. (Business Wire)

Motorola Mobility Invests In Video Publishing Platform Ooyala (TechCrunch)

What to expect from SAP TechEd 2011 + Sybase TechWave (Computer Weekly)

SAP HARNESSES THE POWER OF SAP HANA™ PLATFORM TO DELIVER NEW REAL-TIME APPLICATIONS (SAP Press Release)

SAP's Sikka preaches HANA-led 'renewal'
In-memory computing will transform SAP's portfolio, according to executive board member Vishal Sikka (Computerworld)

Turntable.fm Closes That $7 Million Round, Fred Wilson Joins Board (TechCrunch)
First Round Capital was an early investor in what was then called Stickybits.

Tremor Video Lands $37 Million to Fuel Acquisitions (Ad Age)
Previous investor SAP Ventures participated again in this round. A First Round Capital portfolio company named SanScout merged with Tremor Video last year, although it is not known whether First Round currently has an equity stake in Tremor.

RCN not seeing strong demand for 60 Mbps service (Fierce Cable)

Philadelphia groups get federal money to aid startups (Philadelphia Business Journal)

In Newtown, U.S. Senator Casey pushes for GPS program to support national security and jobs at Lockheed Martin (Bucks Local News)



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Daily Links 7/26/2011: SAP posts strong earnings; InterDigital files patent complaint

InterDigital Gains on Apple-Google Patent Rush (Bloomberg)
Suggests that InterDigital may fetch as much as $5 billion.

InterDigital Files Complaint Against Nokia, Huawei and ZTE With International Trade Commission
Company Seeks Importation Ban for 3G Wireless Products that Infringe on U.S. Patents (Business Wire)

With Bidders Watching, Interdigital Goes On A Mobile Patent Offensive (MocoNews)

SAP AG: SAP REFINES OUTLOOK FOR NON-IFRS SOFTWARE AND SOFTWARE-RELATED SERVICE REVENUE AT CONSTANT CURRENCIES AND NON-IFRS OPERATING PROFIT AT CONSTANT CURRENCIES (DGAP)
Pre-release update: SAP sees annual results at higher end of previously forecasted range based on strong second quarter.


SAP Reports 35% Growth in Software Revenue at Constant Currencies and 20% Growth in Non-IFRS Software and Software-Related Service Revenue at Constant Currencies for the Second Quarter (PR Newswire via MarketWatch)

SAP Q2 Revenue Rises 14 Percent (PC World)

SAP users not readily adopting BusinessObjects, user group finds (Computerword UK)

Lockheed Profit Rises 3.9% on F-35 Orders (Bloomberg)

AMETEK ANNOUNCES RECORD RESULTS (PR Newswire)

Comcast, NBCU Bring Dynamic Ads to VOD
Kraft, Chrysler are initial sponsors (Broadcasting & Cable)

Netflix proclaims Internet as future, but data caps loom as threat (Washington Post: Post Tech)
Quotes Wharton Prof Kevin Werbach.

Safeguard Scientifics Partner Company Portico Systems Closes Sale to McKesson (Business Wire)

Commonwealth to Host Meeting to Discuss Statewide Health Information Exchange (PR Newswire)



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Daily Links 7/5/2011: Philly's CityRide gets funding and methodology validaton

CityRyde Gets Funded, and Methodology Validation to Turn Bike Rides into Cash (PR Web)

Slideshow: Most Active VC Firms to Date in 2011 (PE Hub)
First Round Capital fifth most active in terms of number of deals.

Sun Valley Moguls Shift Focus to Media Models (Bloomberg)

Verizon to kill unlimited data plans on July 7 (VentureBeat)

LightSquared gets $265M as the FCC weighs its fate (Gigaom)


Lockheed Martin Team Completes Design Milestone for GPS III Program (PR Newswire)

SAP Business One Gets New Hosted, Subscription Model (PC World)

Deloitte Wants Software Lawsuit Kept Away From Jury (PC World)

ASG Software Group Completes Acquisition of PERFMAN (Business Wire)



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Daily Links 1/27/2011: Comcast holds merger kickoff meetings in LA, NY and Philly

Comcast-NBC U execs tout synergy, muscle
Burke, Roberts rally newly merged troops (Variety)

A Little Less Drama at NBC (New York Times)
On Comcast exec Stephen Burke taking over.

What are Comcast's plans for NBC News operations? (USA Today)

NBC vets Ebersol and Michaels can give Comcast a history lesson (LA Times: Company Town)

Hulu May Sell Broadcast Television Bundles (PC World)

Cable companies best at streaming Netflix video (CNET News)
Comcast ranked #2, according to Netflix.

New York's quest to become 'the digital city' (CNET News)

On Deck, Which Helps Small Businesses Get Capital, Lands Some Of Its Own (All Things Digital: New Enterprise)
$15 million C-round led by SAP Ventures, with early investor First Round Capital also participating again.


Portico Systems Reports Strong Revenue Growth and Promotes Job Creation in the State of Pennsylvania (Business Wire)

AMETEK Announces Record Results (PR Newswire)

Netsuite goes Native with Subscription and Billing (Diversity Limited Blog)
Although Media's Aria Systems is a Netsuite preferred provider.

Guerrilla Tactics for SAP’s OnDemand 'Go to Market' Strategy (SAP Community Network Blogs)

SAP Plans to Offer Flexibility Through Partnerships, Co-CEO McDermott Says (Bloomberg)

Software AG Surges as Profit Rises, CEO Says Company Aiming for DAX Index (Bloomberg)
Software AG has a significant presence in Berwyn as a result of its acquisition of IDS Scheer.

Inside Lockheed Martin's out-of-this-world virtual-reality lab (Denver Business Journal)

Lockheed Profit Dips on Lower Margins in Combat Jets (Bloomberg)

Motorola Mobility's Home Segment Q4 Sales Inch Up 1%
Cable Unit Revenue Down 7% for Full-Year 2010 (Multichannel News)




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Daily Links 8/23/2010: Pay TV industry suffers first subscriber decline

Report: County needs $50 million to debug financial software (Marin Independent Journal)

Jefferson may axe financial software system (Birmingham News)

Pay-TV Industry Suffers First Subscriber Decline On Record (Dow Jones Newswires via Nasdaq.com)


His network funds a virtual one (Philadelphia Inquirer)
On myYearbook's Geoff Cook.

Philadelphia Tax Code Sparks Big Controversy with Small Bloggers (Mashable)

Google Buys Like.com (Information Week)
Google acquires another First Round Capital portfolio company.

Google Offers Cloud-Based Learning Engine
Providing developers with machine learning on tap could unleash a flood of smarter apps.
(MIT Technology Review)
Article highlights Philadelphia developer Joel Confino, an early user.

New Round of Talks In Broadband Regulation Debate
ITIC Said To Be Hosting Latest Negotiations With Industry Players (Multichannel News)

Verizon FiOS set-top boxes getting a new HD guide, external storage and more in Q4 (Engadget)

U.S. Air Force/Lockheed Martin Team Complete GPS III Design Phase Ahead of Schedule
Next Generation GPS III Program Shifts to Production Phase (PR Newswire)




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Daily Links 7/27/2010: Apple to open Center City store on Friday

Apple to Open First Retail Store in Philadelphia (on Friday)
(Mac Rumors)

Lockheed surfs Pentagon changes; 2Q net up 12 pct (AP
via Google News)

Unisys Soars As Q2 Results Crush Street Rev, Profit Estimates
(Barron's: Tech Trader Daily)
Unisys income triples on sale of health-information unit (Philadelphia Business Journal)

Unisys to Offer Mainframe Cloud Services (PC World)

Ametek Q2 results beats Street, sees strong FY10 (Reuters)

New ISP rank and cost data from Ookla, Comcast on top (Seattle Times)

Comcast's Target: 105-Meg D3 Downstream (Light Reading Cable)

UnitedHealth Said Near $1.5 Billion Purchase of Services Firm (Bloomberg)
Would acquire Newtown Square-based Executive Health Resources Inc.

Harleysville CIO Akhil Tripathi Resigns
Sources say Tripathi left the company for personal reasons. (Insurance & Technology)




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Daily Links 4/21/2010: USOC, Comcast drop plan for Olympic Channel

e-Dialog Secures Foothold in Mobile Marketing Through Acquisition of M3 Mobile
Company that Set the Standard for Relevant E-mail Marketing to Help Clients Deliver Targeted Mobile Campaigns (Business Wire)
M3 Mobile is based in Norristown

SAP Plans to Acquire Compliance Software Vendor TechniData
(PC World)

Lockheed Net Beats Estimate; Health Costs Cut Outlook (Bloomberg via Business Week)

Lockheed Martin layoffs hit 130 in Moorestown (Philadelphia Business Journal)


Fantasy teams draw real online bets
(Philly.com: Philly Deals)

Salesforce Buys Business Directory Jigsaw For $142 Million In Cash Plus Earn-Out (TechCrunch)

Ametek sees Q1 profit above Street; ups FY EPS outlook (Reuters)

Princeton University analyzes iPad Wi-Fi bug, offers workaround
(O'Grady's PowerPage)

Will SAP Become More Acquisitive? New Strategy for Procurement and the Supply Chain (Part 3) (Spend Matters)
Suggests Malvern's BravoSolution and Princeton's Zycus as potential candidates.

USOC, Comcast no longer training for an Olympics Channel (LA Times: Company Town)

Venture Investment In New York, New England Rebounding Faster Than Silicon Valley (Forbes Blogs: Velocity)

Ulticom Announces Fiscal Fourth Quarter and Full Year 2009 Results (Business Wire)

Gartner names ProtonMedia “Cool Vendor in the High-Performance Workplace”
(ProtonMedia Blog)




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Daily Links 4/19/2010: Lockheed Martin says GPS III team on schedule

News Analysis: Oracle Acquires Phase Forward For $685M And Gains A Foothold Into The Lucrative Life Sciences Market (A Software Insider's Point of View)

Digital Printing and Information Management Industries Converge in Philadelphia Next Week -- April 19-22 -- at the Pennsylvania Convention Center (Marketwire)

Comcast Denies Connection to RightNetwork (New York Times:
Media Decoder)
Lots of people in the media apparently got taken on this one.

NDS Leads $20M Bet on BlackArrow
(Light Reading Cable)
Comcast venture arm invests again.

Comcast P2P Settlement Lawyer Thinks You Should Take That $16
(Broadband Reports)

Enterprise IT: Inside an SAP customer (ZDNet Blogs)

Lockheed Martin GPS III Team Advancing On-Schedule in Critical Design Review Phase (PR Newswire)

Paoli Company Creates Some of the Greenest Computers (KYW Newsradio)

Greater Utilization of Geospatial Technology is Theme of Gubernatorial Roundtable Hosted by PA-MAPPS
(PA-MAPPS Press Release via Directions Magazine)




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Daily Links 4/13/2010: Philly Daily News to launch weekend edition in October

Twitter Starts Advertising Service in Bid to Boost Revenue (Bloomberg via Business Week)

Philly Daily News to launch weekend edition in October (Poynter Online: Romenesko)

Policy Watch: Will the FCC Declare War? (Light Reading Cable)

FCC Chairman Julius Genachowski delivers tough love to broadcasters (LA Times: Company Blog)

Opinion: Eshoo: FCC already has the power to regulate free, open Internet (San Jose Mercury News)

An Internet for Everybody (New York Times Op-Ed: Susan Crawford)

Lockheed Martin Completes First Live Tracking Exercise With New Multi-Mission, Open Architecture Aegis Signal Processor (PR Newswire)

SAP Shuffles Management Board Responsibilities, FTD Reports (Bloomberg)

Ex-SAP CEO Apotheker joins U.S. software firm (Reuters)

EDSA, Viridity Energy Announce Ground-Breaking Collaborative Technology Effort for UC San Diego Microgrid Effort (Business
Wire)

WorkSmart Acquires 2 Firms in 12 Months (PR Newswire)

Communications firm to set up shop in Lower Makefield (PhillyBurbs.com)

iPad in Healthcare: A Roundup (Medgadget)

Allscripts and dbMotion Selected by Thomas Jefferson University and Jefferson University Physicians to Provide HIE for Advancing Patient Centered Medical Home (PR Newswire)

Neurobiology and Video Compression (Media Experiences 2 Go)




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