Philly Tech People News 8/9/2010

Scala Appoints New Vice President of American Operations (PR Web)

Digital Media Vet Todd Berman Takes Reins at CSNPhilly.com (Sports Video Group)

Software AG promotes Mark Edwards to Chief Executive Officer Americas and Asia Pacific/Japan (Business Wire)

Comcast & Blockbuster Devolve (DVDs by Mail) (Zatz Not Funny!)

SAP admission of liability highlights Oracle third-party support issues
Oracle/Rimini Street lawsuit will be a real test of legality of third-party services (Computerworld)

Kulicke & Soffa to move headquarters to Singapore following management transition

Kulicke & Soffa, a pioneer in semiconductor manufacturing that has been based in the Philadelphia area for almost 60 years, announced yesterday that with the retirement of CEO Scott Kulicke, the company will be moving its headquarters functions from Fort Washington to Singapore, where much of its operations are already based.

Mr. Kulicke will retire as of September 30, 2010, and be replaced by Bruno Guilmart, who was previously CEO of Lattice Semiconductor. Mr. Guilmart will reside in Singapore, and the company says it "will migrate other headquarters functions to Singapore in fiscal 2011". It is not known at this time what operations will remain in Pennsylvania. The company's stock will continue to trade on the NASDAQ.

Kulicke & Soffa was founded in 1951 by Fred Kulicke and Albert Soffa, and took off after developing the world's first wire bonder for use in the semiconductor manufacturing process. The company slumped badly in the recent economic downturn, with its shares falling as low as $1.27, but results have surged recently and the stock closed at $6.80 on Friday. For the third quarter of FY 2010, Kulicke & Soffa last week reported revenue of $221.3 million, more than four times the previous year's third quarter, and net income of $49.1 million. It has slightly more than 2,000 employees.




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Daily Links 8/6/2010: IBM, Sunoco in outsourcing deal

IBM, Sunoco In 'Secret' Outsourcing Pact (Information Week)

Why is SAP accepting TomorrowNow liability at this time? (ZDNet Blogs)

InterDigital Sees Q3 Reveues Ahead of Street Estimates (Barron's: Tech Trader Daily)

Motorola Details Moloney's Pay Package (Multichannel News)

UnitedHealth's Ingenix accelerates buying spree (ZDNet Blogs)
More about its acquisition of Newtown Square's Executive Health Resources announced earlier this week.

NextGen Inks EHR Deal With AMA
American Medical Association will offer the practice management and e-health record software through a SaaS model. (Information Week)

What's next for FCC on net neutrality? (Washington Post: Post Tech)

Adapt.ly Manages Ad Campaigns Across Different Social Networks (TechCrunch)
A DreamIt Ventures participant.




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SAP to accept liability in Oracle's TomorrowNow lawsuit

SAP accepts liability in Oracle theft lawsuit (MarketWatch)
Funny, I had just tweeted a short time before this was announced how Oracle could just take the money it got from SAP and give it to the feds (Bloomberg: Oracle Damages in False Claims Case May Reach $1 Billion).

Daily Links 8/5/2010: Google, Verizon Deny Talks to End Net Neutrality

Kulicke & Soffa Q3 beats, sees strong Q4 rev (Reuters)

SunGard Announces Second Quarter 2010 Results (Business Wire)

Google, Verizon Deny Talks to End Net Neutrality (But They Are Talking) (Mashable)

FCC: No More Closed-Door Neutrality Meetings (Broadband Reports)

Reps Seek Info From Comcast, MSNBC, Others On Web Tracking, Targeting (Broadcasting & Cable)

Clearwire Clears Up LTE Plans (Light Reading Mobile)

Comcast’s Social Video Discovery Engine Tunerfish Comes To The iPhone (TechCrunch)

DailyCandy Launches ‘Style Alerts’ On Android; NYC Gets It First (paidContent)
Comcast subsidiary will partner with New York-based startup Xtify, which just raised $2.8 million from investors including Conshohocken's SeventySix Capital.

IBM, Aetna Intro Cloud Healthcare Decision Support (Infomation Week)

NetSuite Q2 Tops Estimates (Barron's: Tech Trader Daily)
As it prepares for competition from SAP's new version of Business ByDesign.

Implications of FDA’s Warning Letter to Novartis Regarding Facebook Share Widget
(Pharma Marketing Blog)

Princeton Power Systems Chooses International Battery’s Large-Format Lithium-Ion Batteries for Next Generation Solar Generation System (Business Wire)




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Daily Links 8/4/2010: Report says Motorola and Verizon To Launch TV Tablet

UnitedHealth unit buys medical technology and consulting company (Minneapolis Star Tribune)
Acquires Executive Health Resources of Newtown Square. No word on price yet, but earlier reports on the negotiations suggested it could be as much as $1.5 billion.

Motorola and Verizon To Launch TV Tablet, Report Says (PC World)
Verizon Could Take TV Wireless With New Tablet (NewTeeVee)

Why Clear's 4G iSpot is cheap: it's limited to iOS devices (Ars Technica)

Clearwire Announces New 4G LTE Technology Trials Expected to Yield Unmatched Wireless Speeds in the U.S. (Business Wire)

Clearwire Q2 Misses Ests; Partners With Cbeyond; Testing LTE (Barron's: Tech Trader Daily)

Minority lawmakers back NBCU-Comcast merger (The Hill)
Though not all, at this point.

TicketLeap Launches New Platform, Brings Free Ticketing to Small Events (PR Newswire)

Salesforce pays Microsoft to settle patent infringement suit
(ZDNet Blogs)


Hot Prospects: Phin Barnes, First Round Capital (Reuters Blogs)

Heartland Payment posts 2nd-quarter profit, reversing year-ago loss, on transaction volume (AP via Canadian Business Online)

Kenexa’s Profit In Line With Expectations (ERE.net)


BioClinica Announces Second Quarter 2010 Financial Results (Business Wire)
Lowers guidance for year.

QVC Hires Courtney Cason – First Multi-Media Host (Center Networks)

Vishay supplying components for 3D TV glasses (Philadelphia
Business Journal: Technology Blog)




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Daily Links 8/3/2010: NetSuite slams SAP Business ByDesign

Pre-Launch Business Plans Are Always Wrong (Redeye VC via Silicon Alley Insider)

thePlatform Gives Content Owners More Control (Light Reading Cable)

Comcast Saves Y-Combinator Startup Fanvibe From Obscurity (Silicon Alley Insider)

Comcast-NBCU: View From the Top (Multichannel News)

FCC, Carriers Close To Largely Empty Neutrality Agreement (Broadband Reports)

A Content War on Three Fronts: Retrans, TV Everywhere and Tru2way
(Motorola Home Blog: Media Experiences 2 Go)

SAP Furthers SaaS Push With New Business ByDesign Release (Channel Web)

NetSuite slams SAP Business ByDesign (ZDNet Blogs)

Exclaim Mobility Acquires Mobicious
(Business Wire)
Exclaim Mobility, which is based in Princeton and operates mobile photo and video sharing service Pictavision, is backed with $7 million from Edison Ventures and Sycamore Ventures. The company says it is profitable.
Mobicious, which is based in Massachusetts, had raised $9 million and has 1.1 million registered users but couldn't raise more cash, Mass High Tech reports.

Kenexa Announces Financial Results for Second Quarter 2010 (Business Wire)
Revenue up 14%.


Vishay Q2 tops Street, sees strong Q3 revenue (Reuters)

Vishay Precision Group Reports Second Quarter 2010 Results (Business Wire)
First financial report since being spun off as an independent company from Vishay Intertechnology.

WellPoint: Mobile heart monitor is “experimental” (Mobile Health News)




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After very brief stop at Technitrol, Moloney returns to Moto

Daniel Moloney, who left Motorola just earlier this year to become CEO of Philly-based Technitrol, is returning to Motorola as President of Motorola Mobility, the company announced today.

Moloney will be responsible for the currently Horsham-based Home business, which primarily serves the cable industry, as well as overseeing other functional units within Motorola Mobility. He will
report to Dr. Sanjay Jha, Co-CEO of Motorola, Inc. and CEO of Motorola Mobility. Moloney is a long-term veteran of Motorola and before that General Instrument (which Motorola acquired in 1999). Motorola is planning to spin off Motorola Mobility, which also includes its handset business, from its other major remaining segment, Motorola Networks & Enterprise, early next year.

Technitrol named CFO Drew Moyer as interim CEO while beginning a search for a permanent replacement.

I'm sure that there are some interesting behind the scenes stories about how all of this came about.





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Daily Links 8/2/2010: Key Democratic Congressman for Comcast/NBCU approval (with limits)

SAP Releases New Version of SAP® Business ByDesign™ (PR Newswire)

SAP Business ByDesign 2.5 arrives: what now? (ZDNet Blogs)

Clearwire isn’t Even Halfway to its 4G Coverage Goals (GigaOM)
Turns on service in Wilmington.

Is NBC’s Zucker Hinting at a Second Act? (Wall Street Journal Blogs: Deal Journal)

CBS Signs 10-Year Contract Allowing Comcast to Carry Its Television Shows (Bloomberg)

Comcast-NBC Deal Should Be Approved With Limits, Boucher Says
(Bloomberg)

Technitrol Announces Sale of AMI Doduco and Reports Strong Q210 Results (Business Wire)

Not beach reading: Elsevier’s big seller is anatomy atlas
(Philadelphia Business Journal: Media & Marketing Blog)

Ben Franklin (Northeast) to Invest $304,100 In Regional Economic Development (Ben Franklin Technology Partners Northeast)




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Philadelphia finally gets its Apple Store (Fortune)