Google to buy Philly/New York-based Invite Media (All Things Digital)

Exclusive: Google Buys Invite Media (All Things Digital: MediaMemo)
No confirmation yet from either company (but its apparently a done deal).

Meet The 25-Year-Old Who Just Sold A $70 Million Company To Google (Silicon Alley Insider)


Daily Links 6/2/2010: Jobs knocks cable set-top box business

Apple's Jobs: Cable's Set-Top Box Stranglehold Stifles Innovation
Apple TV To Remains A 'Hobby' Because Of Cable
(Multichannel News)

D8: Comcast boss on NBC deal, apps and customer service (Seattle Times)

Providence Said to Seek Bresnan Sale at More Than $1 Billion
(Bloomberg Business Week)
Bresnan Communications is 30% owned by Comcast.

Sonic to Acquire DivX
Combination Creates Digital Video Delivery Powerhouse; Streamlines "Over the Top" Distribution of Hollywood Movies
(PR Newswire)
DivX has a presence in Malvern through its acquisition last year of AnySource Media.

AMETEK Acquires Technical Services for Electronics (PR Newswire)

SAP invests $10M in DeviceVM’s browser-and-cloud OS (VentureBeat)
The VentureBeat piece is slightly inaccurate; DeviceVM's press release says SAP led a $10 million round with other investors participating, not that SAP itself invested $10 million. Nonetheless, an interesting move.

Fast-growing Versus broadcasting live from Philly (Philadelphia Daily News)



SevOne Unveils the Industry's Fastest NetFlow Solution Handling 15 Million Flows per Minute for Real-Time Traffic Analysis (Marketwire)

PPL Electric Utilities Signs Contract for Federal Smart Grid Grant (Transmission & Distribution World)

Anxiety Builds Among Utilities Over the Communications Part of 'Smart' Grid (ClimateWire via New York Times)




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Daily Links 6/1/2010: GSI Commerce acquires FetchBack

GSI Commerce Acquires FetchBack; Announces Reorganization of Global Marketing Services Division (Business Wire)
TechCrunch cites a source who puts the price in the $40 million range.

House Judiciary To Hold Field Hearing On Comcast/NBCU
Meeting Set For June 7 In LA
(Multichannel News)

Lockheed Martin prepares for new IT era (Washington Technology)

Asia pickup steaming ahead for Germany's SAP (Reuters)

The Future of ERP: SAP, Plex and Rootstock (Enterprise Irregulars)

University City Science Center sues Phila. Redevelopment Authority (Philadelphia Business Journal)

Piehead: Local agency offers digital solutions (Seacoast Online)
New Hampshire agency has Philly branch.




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Of megamergers and edifice complexes
Commentary: Comcast chief looks for a home in the Big Apple
(MarketWatch)


Daily Links 5/28/2010: Environmental Tectonics posts sales gain, profit

Quality Systems Reports Fiscal 2010 Fourth Quarter and Year-End Results (Business Wire)
Quality Systems' business is primarily composed of Horsham-based NextGen Healthcare Information Systems.

Senate antitrust leader fears Comcast will kneecap Hulu (Ars Technica)

The next Apple TV revealed: cloud storage and iPhone OS on tap... and a $99 price tag (Engadget)

Icahn's stake in Lawson means likely push for sale (IDG via Bloomberg
Business Week)

Environmental Tectonics Corporation Announces Fiscal 2010 Results (PR Newswire)

Brook Lenfest growing Net Carrier (Philadelphia Business Journal: Technology Blog)

SES Will Be Bird-Watching Over Memorial Day Weekend
Intelsat's ‘Zombie' Satellite to Pass Near Operator's AMC-11 on May 31
(Multichannel News)




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More changes at GSI Commerce

While King of Prussia E-commerce company GSI Commerce has recently brought on board some new top executives, others are leaving.
Telecom equipment vendor Avaya annnounced the appointment of Stephen J. Gold as Chief Information Officer. He had been Executive Vice President, CIO and Corporate Chief Technology Officer at GSI.
And TRAFFIQ, a New York-based digital media platform, appointed Nick Pahade as CEO. Pahade had been President of TrueAction, GSI's interactive agency (formerly known as GSI Interactive).