Comcast CFO Angelakis named Vice Chairman



Tom Paine


Comcast EVP & CFO Michael Angelakis now has the title of Vice Chairman, according to an SEC filing by the company today.

His new contract extends his terms of employment through 2016. While Angelakis' base salary and annual bonus potential (up to three times annual base compensation) remain the same, he will receive signing bonuses in excess of $4 million. The filing says the agreement "continues the structure of Mr. Angelakis’ prior employment agreement of crediting contributions to the Company’s deferred compensation plan", although its not clear right now if the amounts involved change from his previous arrangement. Angelakis' base salary in 2010 was $1,682,448 and his total compensation was almost $23 million, according to Comcast's Proxy statement (pdf).

Angelakis joined Comcast in 2007 from PE firm Providence Equity Partners.



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Daily Links 11/23/2011: SAP places PR Account up for review; Comcast raising prices




SAP PR Review Puts Burson-Marsteller On Alert (The Holmes Report)

SAP CIO predicts in-memory HANA will replace relational databases
(computing.co.uk)

'Tis The Season for Another Comcast Rate Hike
Comcast Rings in New Year With Significant Increases
(Broadband Reports)

Why Microsoft bought VideoSurf for $70 million (Gigaom)


Daily Links 11/21/2011: Will SAP buy Jive?



John Malone's Liberty Interactive Keeps Options Open on HSN (Hollywood Reporter)
Liberty Interactive owns QVC, and 34% of HSN.

DirecTV Plans to Cut Back on Spending, Hiring to Prepare for Any Slowdown (Bloomberg)

Comcast goes full-footprint with Dory gateway (CED Magazine)

NBC News announces changes to technology, social media staff
(Poynter)

OVER 635,000 ADD BROADBAND IN THE THIRD QUARTER OF 2011
77.8 Million Get Broadband from Top Cable and Telephone Companies
(Leichtman Research Group Press Release)

SAP to buy social networking company Jive? (Computerworld UK)

On the Move, in a Thriving Tech Sector (New York Times)

AT&T developing a home energy service (Gigaom)

The Smart Grid: What's our next move? (Boston Globe)
Discusses Viridity Energy of Philadelphia.




Experts say industries in the Mercer area should consider benefits of collaboration (Times of Trenton)
On Central New Jersey's Einstein's Alley
organization.

HRM extending its growth
Company makes specialty of pharmaceutical marketing
(Cincinnati.com)
Also has growing Lawrenceville office.

Panel OKs $500,000 grant to help IT firm add 250 jobs
CAI also gets money to expand Newark center
(Wilmington News Journal)





Fun Fact of The Week: Path to Revenues (Josh Kopelman/Redeye VC)

3Q11 Was a Solid Quarter for our SaaS Portfolio (Enterprise Irregulars)

CNBC's Jim Cramer interviews Airgas CEO
Peter McCausland
(CNBC Video)
Discusses progress of Airgas' $200 million SAP implementation, among other things.

What Microsoft, Oracle, IBM, And SAP Don't Tell Customers (Silicon Alley Insider)


Daily Links 11/17/2011: SAP co-CEO Snabe's comments reignite acquisition speculation




SAP Aims to Enter New Product Categories, Snabe Says (Bloomberg)
Comments spur new round of acquisition speculation. My recollection is that the last time Snabe started talking about big acquisitions, Sybase was announced shortly thereafter.

SAP co-CEO talks new product areas, in-memory computing (Computerworld)

Localisation is not the problem facing SAP - boosting take-up is
(Dennis Howlett/CloudPro)

Salesforce Drops 6% After Hours On Earnings Miss (Silicon Alley Insider)


Starz and Liberty Capital merged (Variety)
Liberty Capital's holdings include TruePosition of Berwyn and the Atlanta Braves.

Philly Fed Manufacturing Index Slips (Wall Street Journal: Real Time Economics)
Philly Fed's Press Release

Connexin Software, Inc. Receives Strategic Investment from Bluff Point Associates; Deal Will Accelerate Growth and Leadership Position of Pediatric EHR Software Provider (Business Wire)

Safeguard Scientifics Leads $7M Series a Financing for Medivo
New York-based Healthcare IT Company Leverages Clinical Data to Improve Health Through Faster, Easier Access to Lab Testing and Actionable Information
(Business Wire)

ICW Announces Improved Networking Solutions for Patient Identification and Data Sharing (Marketwire)

Monetate Launches National Search for Top Engineering Talent
Philadelphia Technology Company Offers $2,000 Referral Bonus for Hired Engineers
(PR Web)

AppLabs founder Reddi back on startup scene in Phila. (Philadelphia Business Journal)

Please Turn On Your Cell Phone: Comcast's Fandango Embraces Mobile Movie Tickets (Mashable)

Philadelphia Media Network goes to Saxotech for 400-seat deployment (News & Tech)


Philly Tech News VentureWatch: 11/16/2011: G2Link, AboutOne, Sidecar and more






Ed Sullivan, the Delaware County native and serial entrepreneur who founded rapidly growing SaaS billing company Aria Systems and previously internet service provider LaserLink, has a new startup, Drexel Hill-based G2Link. It appears, from what I can see at this point, to use both third-party information sources and peer reviews (crowdsourcing) to provide ratings on businesses, including customers, vendors, and prospects, for credit and risk/reputation assessment. If G2Link can really incorporate the kind of information it talks about, it could be a very interesting concept. G2Link is just launching, and will compete in Philly Startup Leaders' Founder Factory Beta Bowl tomorrow.

Malvern-based AboutOne founder Joanne Lang is featured in Microsoft's new documentary, CTRL+ALT+COMPETE. The film follows Lang as she works to make AboutOne a reality, with comments and analysis from outside experts. The film debuted at the Napa Valley Film Festival on November 11. Lang had worked at SAP Labs, where she became knowledgeable about Cloud computing and realized from her own family situation the need to keep all kinds of family records online in one place. Also see this post on Joanne in Women 2.0.

Philadelphia-based Snipi, having just raised $2.52 million, has morphed into Sidecar, which is described in its press release as "the first-ever 100% automated online marketing platform for ecommerce companies". Not sure exactly what that means yet, though it sounds like an extension of Snipi"s original social recommendation platform. The Series-A round was led by Innovation Ventures, L.P., of Wilmington, with a long list of additional investors including e-commerce entrepreneur and GSI Commerce Founder Michael Rubin, NextStage Capital, Gabriel Investments, MAG Fund, and ARC Angel Fund. Sidecar says in the release that it has automated Paid Search, Comparison Shopping, On-site Personalization and Personalized Email for online retailers through a single platform. Founder Andre Golsorkhi continues as Sidecar CEO.

Bleacher League Entertainment of Upper Darby has raised $140,000 in debt-based financing, according to an SEC filing. Bleacher League provides an app, for baseball only now, that enables users to follow games and compete against friends by making virtual bets on the outcome of events during games. It is currently available for iOS and on Facebook, with an Android app coming, according to its website. Bleacher League started off with a board game.

CapTech, the expanding Richmond-based mobile app development firm that I posted last week was opening an office in the Philly area, has apparently opened it in King of Prussia.

Search Engine startup DuckDuckGo, which until now has been largely a one person operation run out of Gabriel Weinberg's home, will move into its new offices in Paoli next month. DuckDuckGo recently received about $3 million in VC funding lead by Union Square Ventures.

Philly-based Viridity Energy's CEO Audrey Zibelman was honored earlier this month along with others by the White House as a "Champion of Change".



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