Daily Links 4/1/2013: TV service Aereo beats back major legal challenge





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E-Commerce Companies Bypass the Middlemen (New York Times)

Diller-Backed Aereo Beats Network Bid to Close TV Service
(Bloomberg)

Aereo beats broadcasters' legal challenge, trial likely (LA Times: Company Town)


Aereo Looks To TV Providers, ISPs To Accelerate Growth (TechCrunch)
First Round Capital was a seed round investor in Aereo.

Telemundo Buys Out Affil In Philly for $19M
Seller ZGS Communications, headed by Ronald Gordon, bought the full-power station five years ago for $10 million.
(TVNewsCheck)

CxO Talk: Microsoft, salesforce.com, CRM, and the science of hugging ( Michael Krigsman/Enterprise Irregulars)

Real-Time Project Data: Collaborative Tools Reduced Risk, Built Confidence and Met Deadlines (Dewberry Blog)
Bentley Systems' ProjectWise being used to manage huge South Jersey highway project.



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Philly Tech People News 3/31/2013







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Another Turning Point: Why I Joined QlikTech (James Richardson/QlikCommunity Blog)

PointRoll Names Mario Diez Chief Executive Officer
Industry Veteran to Lead Digital Advertising Technology and Services Company
(Business Wire)



Comcast Promotes Both Jennifer L. Daley and James P. McCue to Vice President and Assistant Treasurer (Business Wire)


My Alarm Center Names Tammy A. Beil Vice President of Marketing
Former FedEx Freight VP of Marketing brings over 20 years of Expertise
(PR Web)

Welcome Bill Conn! The PeopleLinx Team Continues to Grow (PeopleLinx Blog)

InterDigital Strengthens Executive Team, Adds Don Dinella as Chief Licensing Officer (Globe Newswire)




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The price of sports on TV, like it or not (Philadelphia Inquirer)

eBay Outlines Three Year Growth Strategy at Analyst Day (EcommerceBytes.com)
Ebay sees GSI Commerce revenue growing about 14% per year to $1.5-$1.7 billion in 2015, with direct segment margins of 16 to 18%.

Michael Dell Said to Consider Blackstone LBO Only With CEO Guarantee (Bloomberg)



The First Honest Cable Company (Video: ExtremelyDecentFilms)






Warning: Some vulgar lanquage




Today in Philly Tech History 3/28/2011: eBay announces it will acquire GSI Commerce for $2.4 billion





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On March 28, 2012, eBay announced it would acquire King of Prussia-based ecommerce company GSI Commerce for $2.4 billion, or $29.25 per share.

As part of the deal, eBay agreed to spin off 100% of GSI Commerce's sports licensing business and 70% of flash sales site Rue La La and delivery service ShopRunner, into a newly formed holding company to be led by GSI Commerce founder and CEO Michael Rubin, later to be named Kynetic LLC and based in Conshohocken. eBay also agreed to loan Rubin's new company $467 million.

In an interesting move, First Round Capital's Josh Kopelman, a former eBay executive for a period after it acquired his company Half.com, joined GSI Commerce's board less than two months before the deal was announced.

At eBay's analyst day this past week, the company indicated its expectation for GSI Commerce was for its revenue to grow at about a 14% annual rate to between $1.5 and $1.7 billion in 2015, with a direct segment profit margin of 16 to 18%.




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Today in Philly Tech History March 28, 2005: Wayne-based SunGard Data Systems agrees to $11.3 billion LBO





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On March 28, 2005, Wayne-based SunGard Data Systems agreed to be taken private in an $11.3 billion leveraged buyout, the second largest of all time at that point. The deal, organized by Silver Lake Partners (Michael Dell's partner in the proposed Dell buyout currently under consideration), included a consortium of seven companies, including Bain Capital, The Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners and Texas Pacific Group in addition to Silver Lake.

Although LBOs are often done on the basis of cash flow, rather than growth prospects, SunGard's growth since going private has likely been a disappointment to its investors. Each of its principal business segments saw flattening growth; SunGard Financial Systems was negatively impacted by the problems in the financial sector the past few years. SunGard Higher Ed, which also saw diminished growth, was sold in 2011 for $1.775 billion and merged with competitor Datatel. The combined company was renamed Ellucian. Plans to take SunGard Availability Services public have surfaced periodically but never progressed. Its business has not been growing despite areas of potential as a cloud computing provider.

The SunGard LBO was among the deals included in a lawsuit filed last year alleging that major PE firms conspired with each other to hold down bidding competition on target companies.




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Phorum Philly '13 Highlights: PeopleLinx wins "Best in Show"; Philly Enterprise Hackathon 2013 announced



Tom Paine



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The second annual Phorum Philly conference, held at World Cafe Live on March 21, focused this year on "harnessing disruptive technologies", specifically social, mobile and big data.

I was eagerly awaiting to hear what Gus Hunt, CTO of the Central Intelligence Agency, would say addressing Phorum on the topic of managing big data. In particular, it might have been timely for him to say something regarding reports that the CIA had reached a ground-breaking (for both parties) agreement with Amazon Web Services for AWS to provide private cloud services to the necessarily security-obsessed CIA. It was first reported by Federal Computer Weekly at the beginning of last week to be an arrangement worth up to $600 million to AWS over 10 years.

Unfortunately, in typical CIA fashion, Hunt was called away by a last minute emergency. Salesforce.com's VP and Head of Platform Research, Peter Coffee, who had given the opening address to the conference in the morning, by all accounts did a fantastic job filling in for Hunt on big data, demonstrating how versatile he is.

But on the previous day, Hunt did address the issue of big data at GigaOM’s Structure Data event, where Gigaom said he responded to a question about the Amazon connection by saying said he could not comment now but “maybe someday.” Hunt also said in his Structure address, "we fundamentally try to collect everything and hang on to it forever."

The Demo Pit at Phorum 13 was filled with a strong group of locally based ventures. PeopleLinx, the Philadelphia-based startup which builds applications that help companies better utilize LinkedIn and earlier last week announced it had received $3.2 million in funding from Osage Venture Partners, Greycroft Partners and MissionOG, was voted "Best in Show" by attendees, besting fellow finalists Curalate and iMomentous, with the award being presented by Congresswoman Allyson Schwartz (D-PA 13). PeopleLinx' Bill Conn described the Phorum experience for the company on the PeopleLinx Blog.
MissionOG is an interesting new locally-based fund focused on BtoB, technology-oriented startups that has also invested in CloudMine and Cloudamize.

Another Demo Pit participant, Philadelphia-based enterprise app and collaboration platform WizeHive, announced during the week that it had received additional seed funding from investors including Gabriel Investments and Goldin Ventures. WizeHive also announced that DuckDuckGo founder Gabriel Weinberg had joined its board.

Also at Phorum, the Philly Enterprise Hackathon 2013 was announced, sponsored by PACT and several Philly area companies. The Hackathon, which will offer prizes valued at $100,000 and incubation opportunities, will run from April 2 through April 19.




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Daily Links 3/29/2013: Fisker preparing for possibe bankruptcy filing?; Dell filing details declining fortunes





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Christie touts missile defense contract with Lockheed Martin in Moorestown (NJ.com)

Fisker hires law firm to prepare possible bankruptcy filing -WSJ
(Reuters)

Dell’s Go Private Case Emerged as Business Eroded (All Things D)

Oracle Flim-Flam Alakazams Missed 3Q Earnings (ReadWriteEnterprise)

The First Ever Honest Cable Company Ad (Mashable)

In march towards IPO, Salesforce rival SugarCRM snags another $15.1M (VentureBeat)


Daily Links 3/28/2013: Is Comcast mismanaging NBC talent shuffle?





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Court Rejects Antitrust Suit in Victory for Comcast (New York Times)

NBC Crises Leave Comcast Guys Looking Flat-Footed (Variety)

Workday May Make ‘Small’ Acquisitions: Co-CEO (Bloomberg TV)

Workday Focuses on Its Post-IPO Future (IT World)

Oracle To IBM: Your 'Customers Are Being Wildly Overcharged' (SAI: Enterprise)


Is the new T-Mobile too good to be true? (VentureBeat)

T-Mobile Deal for MetroPCS in Doubt, Hopes Rise for Sweeter Deal (Dow Jones Newswires via Fox Business)


Checkpoint’s deeply discounted divestiture (Inorganic Growth)

Social App MeetMe Introduces In-Feed Advertising With Flurry Partnership (TechCrunch)

Google tiptoes into same-day local delivery service (CNET News)





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Daily Links 3/27/2013: Supreme Court rules for Comcast in Philly-area class action suit





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Supreme Court rules for Comcast in class action (Reuters)
Suit had alleged that Philadelphia area subscribers have been overcharged as result of Comcast monopoly in the region.

SCOTUS says Philly residents can’t bring class-action against alleged Comcast monopoly
In 5-4 decision, majority finds that damages to class not adequately defined.
(Ars
Technica)

Dell: BlackStone Open to Mike Dell Continuing as CEO, Says WSJ (Barron's: Tech Trader Daily)

Mike Dell's former lieutenant leads coup attempt (Reuters)

SAP Powers More Business Suite Apps with HANA and RDS (ASUG News)

Ben Franklin (NEP) to Invest $315,700 in Regional Economic Development (Marketwire)



WorkplaceDynamics Launches On-Demand Employee Survey (Business Wire)

Online nightlife guide to expand to NYC (Philadelphia Business Journal)