Philly Tech People News 8/1/2010

SevOne Appoints New SVP of Marketing and VP of Sales (Marketwire)

Harleysville Names Acting CTO, CIO (Insurance &
Technology)

MEDecision Founder David St.Clair Re-Joins Company as Interim CEO
Will Direct Organization’s Continued Growth Following Resignation of Scott A. Storrer
(Business Wire)

The Archer Group hires 9, now has 50 employees (Philly Ad Club News)

Streetline Appoints Zia Yusuf as President & CEO (Business Wire)

Jonathan Hsu Joins RecycleBank as Chief Executive
(PR Newswire)

NBCU Elevates Fleeher To SVP, CFO TV Networks & Digital Distribution
Chastain, Gross, Greenberg, Haug, Powers, Trullinger Also Receive Promotions (Multichannel News)

Broadband Bill Meeting Planned For Saturday
Net Neutrality Stakeholders Are Expected To Discuss Bill To Clarify FCC Regulatory Authority
(Multichannel News)

Health Market Science receives more funding

Cross Atlantic Capital Partners of Radnor led a $6.1 million round of financing for King of Prussia's Health Market Science, a provider of healthcare marketing information services.

Edison Venture Fund of Lawrenceville NJ also participated with a $1.4 million follow-on investment, bringing its total capital invested in the company to $18.5 million, according to Edison.

As I noted earlier this week, HMS appeared to have a large number of open positions for which it was recruiting (see their "Careers" page). Health Market Science had revenue of $25.5 million in 2008, according to Inc. Magazine.




permalink

SAP Completes Acquisition of Sybase, Inc. (PR Newswire)

Computer with patient data stolen from Jefferson (Philadelphia Inquirer)

Quality Systems Reports Fiscal 2011 First Quarter Results (Business Wire)
Quality Systems' primary business unit is NextGen Healthcare of Horsham.

Dish to File Comcast Complaint for Blocking Sports (Bloomberg Business Week)
Complaint over access to Comcast SportsNet Philadelphia.

Retail tru2way devices are officially DOA, even Panasonic stops trial
(Engadget)

Appearance: PPUG meets tomorrow in Philadelphia (ZDNet Blogs)

Enterprise License Agreement Extends GIS Success for City of Philadelphia (ESRI Press Release via GISUser.com)




permalink

Daily Links 7/29/2010: Comcast threatens disconnects over unpaid balances of $0.00 (Gizmodo)

Comcast Discussing Philly RSN Carriage With Dish, DirecTV: Sources (Multichannel News)


Comcast Flashes Cash at Biz Services, SDV (Light Reading Cable)

Comcast To Customer: Pay Us $0.00 Or We'll Cancel Your Service (Gizmodo)

SCVNGR Launches Sophisticated Rewards Program (Mashable)
Program to launch first in Boston and Philly.

Even SAP is using more open source
SAP signs on for Black Duck Suite, a tool that manages use of open source software (Network World)

Where Do You Buy Your Broadband? (Zatz Not Funny!)
Best Buy to become reseller of Clearwire WiMAX service under the brand name "Best Buy Connect".




permalink

Earnings Reports 7/29/2010

Checkpoint Systems, Inc. Announces Second Quarter 2010 Results (Business Wire)

ICG Announces Second Quarter 2010 Financial Results
ICG Achieves Core Consolidated Aggregate Revenue Growth of 25%
Company to Receive $25.4 Million Cash Dividend from ICG Commerce (Globe Newswire)

Safeguard Scientifics Announces Second Quarter 2010 Financial Results
2010 Aggregate Partner Company Revenue Guidance Increased, Expected to be between $325 Million and $350 Million (Business Wire)

Motorola's Second-Quarter Profit Tops Estimates on Droid Sales (Bloomberg)
Motorola Expects Home Segment Sales To Fall 7% In 2010
Cable-Centric Unit's Revenue Declined 13% In Q2 (Multichannel News)

CDI Corp. Reports Second Quarter 2010 Results and Announces Dividend (PR Newswire)

Innovative Solutions & Support, Inc. Announces Fiscal 2010 Third Quarter Financial Results (Business Wire)

Dataram Reports Fiscal 2010 Fourth Quarter Financial Results (Business Wire)




permalink

Daily Links 7/28/2010: Another Lower Merion student files lawsuit

2nd Lower Merion student sues over 'spycam' (Philadelphia Daily News)

GSI Commerce Reports Fiscal 2010 Second Quarter Operating Results (Business Wire)
GSI Commerce Shrs Off; Q2 Loss Wider Than Anticipated (Barron's: Tech Trader Daily)

CardioNet, Inc. Reports Second Quarter 2010 Financial Results (Business Wire)

InterDigital Announces Second Quarter 2010 Financial Results
Expansion of Customer Relationships Drives Strong Revenue Growth and Profitability (Business Wire)

SAP co-CEO Bill McDermott gives his mid-year review (SearchSAP.com)

Augment Reality for the Enterprise - SAP Employee Unveils Prototype
(ReadWrite Enterprise)

ING DIRECT USA LAUNCHES ENHANCED MOBILE APPLICATION (PR Newswire)
Using Philly's Poptent to help promote it.

Federal Reserve Board Beige Book: Third District-Philadelphia, July 28, 2010 (Federal Reserve Board)

FIELD: RADIO GROWTH WILL PICK UP (Radio Ink)
On Entercom's earnings report.

Comcast results beat estimates

Comcast Profit, Revenue Top Estimates on Premium-Product Sales (Bloomberg)
But profit falls 9% on NBC Universal expenses.

Moffett on Comcast 2Q: Sunny with Chance of Regulatory Clouds
Says NBCU deal conditions will affect future cash flow (Broadcasting & Cable)

Comcast’s Burke: ‘With NBC, Our Ad Business Will Be Worth $10 Billion’ (paidContent)

A look at Comcast 2Q results by business segment (AP via Google News)

Comcast Corporation Q2 2010 Earnings Call Transcript (Seeking Alpha)




permalink

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)




permalink

SAP profits increase 15%, but short of estimates

SAP Second-Quarter Profit Rises 15%, Missing Estimates (Bloomberg)
Software revenue up 64 percent in the Americas, up 11 percent in Asia, but down 9 percent in Europe, the Middle East and Africa.

SAP reports healthier Q2 2010 (ZDNet Blogs)

SAP Reports Revenue Up 12 Percent, Earnings Up 15 Percent (IDG via New York Times)

SAP Completes Tender Offer for Shares of Sybase, Inc. (PR Newswire)

Bayer Implements Global IT Strategy With SAP (PR Newswire)

SaaS Market Grows Spectacularly to the Detriment of the IT Kings (ReadWrite Cloud)




permalink

Enterprise Software Is Sexy Again (TechCrunch)

Clicking on T-Commerce
Comcast to Deploy Shopping Channel QVC’s New EBIF App (Multichannel News)

Franken: Comcast-NBCU, Net Neutrality are 'First Amendment' Issues of Our Time (The Wrap)

Pace Makes $475M Move on 2Wire (Light Reading Cable)


Dechert Must Pay Taxes for Canned Computer Software (The Legal Intelligencer via Law.com)
I'm not sure whether this Pa. Supreme Court ruling leaves a gray area as to whether SaaS or cloud computing services would be taxable.

Start-Ups Look To Disrupt Stodgy PC Management Space (Wall Street
Journal: Venture Capital Dispatch)
Fiberlink Communications of Blue Bell is one of the companies discussed.

Kenexa Announces Acquisition of The Centre for High Performance Development (Business Wire)

Sabre founder to speak about success at BDPA conference (Philadelphia Inquirer)




permalink