Daily Links 10/25/2012: Safeguard Scientifics CFO Zarrilli to succeed Boni as CEO on November 1

Safeguard Scientifics Announces Stephen T. Zarrilli to Succeed Peter J. Boni as CEO Effective November 1, 2012 (Business Wire)

Safeguard Scientifics Announces Third Quarter 2012 Financial Results
Partner Companies Continue to Achieve Major Milestones, Increasing Aggregate Revenue Guidance for 2012 (Business Wire)

QlikTech Announces Third Quarter 2012 Financial Results (Business Wire)
Revenue in quarter slightly below low range of guidance; upper end of full year guidance lowered.

J.C. Flowers Decides to Keep [Dresher PA-based] Retirement Services Biz Ascensus (PE Hub)

SAP aims to be the Apple of enterprise mobility
The company is seeing large customer demand for mobile apps (Computerworld)
Of course, everyone wants to be the next Apple. Good luck!

NetSuite posts bigger loss, sales rise (MarketWatch)

Verizon/Redbox Combo Set for Q4 Breakout (Light Reading Cable)

Infragistics enters cross-platform tool market (Software Development Times)

Unisys offering Google and Microsoft options in GSA competition (Philadelphia Business Journal)



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Safeguard Scientifics holds Investor Day 2012 conference in New York

Tom Paine


Follow @phillytechnews

Safeguard Scientifics held its Investor Day 2012 Conference yesterday at the Yale Club of New York. You can access the transcript from the event here, and view the webcast here. You can also view presentation slides here.

I found the presentation instructive and in line with Safeguard's efforts to be a more transparent and easier to understand company. In particular, the opening comments by President & CEO Peter J. Boni are worth watching, as he describes how the company has transformed itself since its meltdown resulting from the bursting of the 2000 tech bubble. Also worthwhile is the presentation of Joe Zawadzki, CEO of MediaMath, a NewYork-based ad buying platform (similar to Google's Invite Media) that is one of Safeguard's fastest growing partner companies.

Safeguard also announced that it was increasing aggregate revenue guidance for its partner companies for 2012 from a range of $160 million to $165 million to a range of $185 million to $190 million. Exton-based partner company ThingWorx also said yesterday it has raised Series C funding led by Safeguard.

I may have a few more observations after sorting through all the details.



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