Daily Links 7/19/2010: Verizon preparing for LTE rollout

As Niche Gets Crowded, Studio Watches Its Back (New York Times)
Comcast rumored as possible suitor for DreamWorks.

Verizon's LTE rollout is imminent, computers updated for 4G SIM cards (Engadget)

NSN to Buy Moto's Wireless Biz for $1.2B (Light Reading Mobile)

Worst VC investment year since ’96 (Philadelphia Business Journal)

Google's growth in city puts Pittsburgh in top tier of regional sites (Pittsburgh Post-Gazette)

Andrew Kortina and Iqram Magdon-Ismail, Founders of Venmo (Inc.: 30 Under 30)

Swift to acquire SunGard's Ambit Messaging Hub (Finextra)

SAP Walks Tightrope Selling Business ByDesign (CIO.com)

SAP extends offer period for Sybase buy to July 26 (Reuters)

Down To Business: Oracle Suit Casts Shadow On Rimini Gains
Alternative provider of software support services gaining enterprise customers, despite Oracle suit's chilling effect. (Information Week)

Epocrates plans $75 million IPO, again (Mobile Health News)




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Qlik Tech IPOs; What Next? (Seeking Alpha)

Philly Tech People News: 7/18/2010

Phila. gets presence on national innovation council
(Philadelphia Business Journal: Technology Blog)

Apollo Health Street Adds New Senior VP and New Legal and Compliance Counsel (Business Wire)

HighPoint Solutions Names New Solution Lead for R&D and Collaboration Practices

Francis Joyce Joins MISTRAS as Chief Financial Officer (Globe Newswire via MarketWatch)

James G. Dole Joins WorldGate as Chief Financial Officer
Mr. Joel Boyarski Announces Plans to Retire from the Company (Business Wire)

John Weyrauch and Martin O'Brien Join Rosetta as Partners in Healthcare Group (PR Newswire)

QlikTech's Successful IPO

Radnor's Qlik Technologies (also called QlikTech) has successfully completed its long-awaited Initial Public Offering, selling at least 11.2 million shares at $10 per share, up from an estimated pricing of $8.50 to $9.50 in the prospectus. Subsequently, shares rose to over $13 and are currently just under $13, particularly impressive on a weak day for tech stocks. This gives QlikTech a market value of nearly $1 billion, and also gives the company more than $100 million in cash as well as stock it can use as a currency for acquisitions. It is trading on the NASDAQ under the symbol "QLIK".

This is the largest tech (IT) IPO in the Philly area for quite some time that I can recall, though QlikTech has Swedish roots and has a relatively small percentage of its employees in Radnor. The company maintained strong growth throughout the economic downturn and its revenue increased 66% in the first quarter of this year to $43.8 million.

QlikTech has major strategic choices: whether to remain focused on its niche of in-memory, relatively easy and rapid-deployment Business Intelligence solutions, or to expand its product portfolio through acquisition into other area of the BI space. It also faces challenges in terms of scalability for larger enterprise applications, and increasing competition. But anyone who has worked with BI technology as I have understands the significance of the breakthroughs QlikTech has achieved.

My own guess: they will inevitably be acquired, probably by either Oracle or SAP. But I could be wrong.

Qlik shares jump after IPO prices high (AP via Google News)

NBC Uni sees Q2 earnings leap 13% (The Hollywood Reporter)

Not invented here: Apple's secret applications (Computerworld Blogs)

What’s Really Going on in the VC Industry? What Does it Mean for Startups? (Both Sides of the Table)

Goodbye (Comcast Voices)
@ComcastCares guy, Frank Eliason, is leaving Comcast.

QlikTech Announces Pricing of its Initial Public Offering (Business Wire)
$10 a share, a little above the previously indicated range of $8.50 to $9.50.

Daily Links 7/15/2010: Outlook on Qlik Technologies' planned IPO

BI Vendor QlikTech's IPO Could Be Red-Hot (CIO.com)

Can Sprint afford a WiMAX flop?
Company may take hit if WiMAX fails to catch, but other strategies are out there (Network World)

Clearwire Gets a New Backhaul Buddy (Light Reading Cable)

Comcast unleashes 100 Mbps tier for businesses (CED Magazine)

Manufacturing in Philadelphia Fed Area Cooled in July (Bloomberg Business Week)
Philly Fed July 2010 Business Outlook Survey

Ben Franklin Technology Partners approves investments of $1.8M (Philadelphia Business Journal)

Blog Networks Try One More Time to Turn Local Journalism Into Cash (GigaOM)
Yardley's Journal Register is one experimenter.


SAP & CA Tag Team for GRC (ZDNet Blogs)

Curt Schilling’s online game firm 38 Studios considers $75M loan incentive from Rhode Island (VentureBeat)

Comcast SportsNet unveiling Baltimore website (Baltimore Business Journal)

Elsevier's Procedures Consult Mobile Brings Procedural Videos and Illustrations to Smartphones (Medgadget)

Athenaeum library in Philadelphia: Old-world and cutting-edge
(Philadelphia Inquirer)




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Daily Links 7/14/2010: Liberty's Malone Discusses Possible QVC-HSN Merger

Copps Not Persuaded By Comcast/NBCU Pledges
Access to video content online is key, say panelists at FCC's Chicago forum (Broadcasting & Cable)
Comcast-NBC merger sheds light on future of online video (Washington Post: Post Tech)


Comcast Unleashes Wireless Beast Out East (Light Reading Cable)

Liberty's Malone Discusses Possible QVC-HSN Merger: Video (Bloomberg via Washington Post)

Verizon Launches Health Information Exchange (Light Reading)

What final 'meaningful use' rules on EMRs mean for doctors, hospitals (Computerworld)

LLR Partners Invests in IOD Incorporated (Business Wire)

Kulicke & Soffa Shrs Slide; Says Some Orders Pushed Out (Barron's: Tech Trader Daily)

Some Thoughts On The Seed Fund Phenomenon (A VC)




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Daily Links 7/13/2010: "Meaningful Use" regulations for EHRs finalized

Airclic and AirVersent Merge (PR Newswire)
Airclic had just raised about $18 million in a private equity offering related to the merger, according to an SEC filing.

Tyco Electronics buys ADC for $1.25 billion (Bloomberg via NJ.com)
Tyco Snaps Up ADC for $1.25B
(Light Reading Cable)
Tyco Electronics' operational headquarters is in Berwyn.

Comcast Empowers Customer-Care Crews
Listening to Front-Line Employees Leads to Bottom-Line Satisfaction Gains (Multichannel News)
Comcast Says They're Doing Better At Support
Do you agree with them? (Broadband Reports)

Comcast launches 100-meg internet service in N.J. (Newark Star-Ledger)

Sprint Considering LTE, Merger with T-Mobile (eWeek)

Meaningful Use’ Regs for Electronic Medical Records Finally Drop!
(Wall Street Journal: Health Blog)
Health and Human Services finalizes meaningful use for electronic health records (O'Reilly Radar)

Microsoft Dynamics Aims to Steal a Little Salesforce Thunder (Ecommerce Times)

How to Make Money in the Cloud: Microsoft, SAP, the Partner Dilemma and The Tools Solution (Enterprise Matters)




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First Round Capital invests in another local internet advertising startup

Having just seen portfolio company Invite Media sold to Google for a reported $81 million, First Round Capital has helped back another Philly/New York based internet advertising startup named AdCopy, along with angel investors. AdCopy says it "leverages existing, pre-approved creative assets, like logos, icons, slogans and short brand messages to engage the consumer before they access the desired content". Specifically, the company is planning to build an advertising platform around "Captchas", those screens that make people type in a few characters to verify they are not bots.
The Philadelphia office is on South Broad and they are advertising for a senior account exec for the Philly/New York area. AdCopy's co-founders include Doubleclick (Google) alum Stu Libby and VoiceStar (Marchex) co-founder Ari Jacoby, who also had previous experience with Google.




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Qlik Technologies (QLIK) Chief Executive Officer to Ring The NASDAQ Stock Market Opening Bell (Globe
Newswire via MarketWatch)

TV Everywhere Is All Hype: Comcast Raising Rates To Pay For "Free" Service (Silicon Alley Insider)

Showdown in Chicago over the Comcast-NBCU deal (Philadelphia Inquirer)

First Journalism Online Meter Starts Ticking: LancasterOnline Obits (paidContent)

Pittsburgh gives birth to tech firms, but can't keep them (Pittsburgh Post-Gazette)

WPC: Microsoft announces 'Windows Azure in a box' (Seattle Post-Intelligencer: Microsoft Blog)

Where’s the innovation around SAP maintenance and support?
(SearchSAP.com: SAP Watch)