Link 12/11: Reddi, Gabriel fund Indian startup; Linode buys landmark Philly building







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EureQa raises $600,000 from SRI Capital, Gabriel Investments (Livement)

EXCLUSIVE: South Jersey firm buys MTV's 'Real World' house (Philadelpia Business Journal)


CIOs aren't loving SAP's HANA. Yep, somebody's afraid of commitment (The Register)

Amazon Web Services clears fog with public cloud fee price list API (The Register)

Has Workday ceded the cloud platform to Salesforce and Microsoft? (Diginomica)

GoPro: CEO Woodman’s QVC Show a Bad Sign, Says Citi, Cutting to Hold (Barron's Tech Trader Daily)

Crestview Pumps $125M Into WOW (Multichannel News)


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EPAM completes Alliance Global Services acquisition; reports put price at $50 million


Tom Paine



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I haven't seen an SEC filing from EPAM Systems (NYSE: EPAM) yet, but two sources in the Indian press are placing the price for the Newtown-based system integrator's acquisition of Conshohocken-based Alliance Global Services, now closed, at $50 million. The deal was announced last month.

A large portion of AGS' workforce is in India, as India's Business Standard reports that "Alliance Global Services has more than 1,100 engineers, testers and designers in its India delivery centres — at Hyderabad and Pune."

“The acquisition extends the company’s Global Delivery Platform by adding strong solution delivery capabilities in North America and in India and expanding EPAM’s expertise in software engineering productivity and automation services,” EPAM Chief Executive Officer Arkadiy Dobkin said, according to The Hindu Business Line .


Then there is this enthusiastic post on Google+ by EPAM'S CMO:




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Links 12/10: Global Payments Said to Be in Talks to Buy Princeton-based Heartland Payment






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Global Payments Said to Be in Talks to Buy Heartland Payment (Bloomberg)

November Pre Series A Deal Data May Show Early Evidence of VC “Slowdown” (Mattermark)

Hipchat-Maker Atlassian Begins Trading Up 32% at $27.67, Valued At $5.8 Billion (TechCrunch)

SnapLogic Raises $37.5 Million To Help Legacy Data Play Nicely In The Cloud (TechCrunch)
A Boomi competitor, in some respects.

Paul DePodesta Named Keynote Speaker for Phorum 2016 (Press Release)
That's the Money Ball guy, not the guy running the Clinton campaign, just to be clear.


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Links 12/9: Perspectives on Dow/DuPont; Atlassian's going public in the morning





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Why the Dow-DuPont Merger is Bad For America (Fortune)

DuPont-Dow: 'Why merge merely to break up?' (Philly.com: Philly Deals)

Dow, DuPont soar on prospect of $130 billion merger 'Christmas present' (Reuters)

Dow-DuPont Merger: Better Living Through Layoffs (Wall Street Journal)


Sling TV Suppliers Say The Company Has Less Than 500,000 Subscribers, Decelerating Signups
(Dan Rayburn/Streaming Media Blog)

Apple’s New TV Ad for Apple TV: We Don’t Need TV, Because We Have TV! (Re/code)

Why Apple Walked Away From TV (For Now) (Re/code)

Analyst Sounds Warning Bells for Cable Broadband (Multichannel News)

Atlassian Sets Its I.P.O. at $21 (NY Times: Dealbook)

Universal Display Facing 'Frothy' OLED Expectations (Investor's Business Daily)

Meet the company moving into the Heer's building
(Springfield Missouri News Leader)
AmerisourceBergen software subsidiary.



at 11:14 AM 0 comments

Links 12/8: WSJ: DuPont, Dow Chemical in advanced merger talks








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DuPont, Dow Chemical gain after report of merger talks (MarketWatch)
Dow Chemical was worth more than $60 billion, DuPont $59 billion. The two would combine and then split into three companies, the report says.

X1 Licensing Not a ‘Big Financial Mover’ for Comcast (Multichannel News)

Comcast Might Sell Phones as Part of Wireless Offering, CEO Says (Bloomberg)

Rutledge: ‘We’re Ready’
Charter Chief Says Ready to Roll With TWC, Bright House (Multichannel News)

Google Fiber talking to Chicago and LA about gigabit deployments (Ars Technica)

Disney Invests $200 Million More in Vice Media to Support New Programming (NY Times)


IBM Acquires Clearleap to Advance Cloud Video Services (IBM Press Release)

SAP Unveils Software for Doctor Data-Sharing After CEO Accident (Bloomberg)

Phila's NextFab plans 3d 'Makerspace', in Del. this time (Philly.com: Philly Deals)


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Philly Tech People News 12/7/2015: NRG head with controversial agenda departs; Meredith Perry takes on uBeam critics







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Chris Bastian Named SCTE’s New CTO (Multichannel News)

Franklin Square hires Bassuk as MD and liquid alternative strategies head (Press Release)

UDel's new president: How he could change the university (Philadelphia Business Journal)

Meredith Perry Responds to uBeam's Critics (Fortune)
Perry started work on uBeam while a grad student at Penn.

David Crane Leaves NRG, Replaced by Mauricio Gutierrez (NY Times)


Google Taps VMware Founder to Chase Amazon in the Cloud (Re/code)

Lawrence Lenihan Leaves FirstMark Capital for Fashion Venture (Wall Street Journal: Venture Capital Dispatch)
FirstMark has been an active investor in the Philly area.




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Links 12/7: Streaming Video Now Accounts for 70 Percent of Broadband Usage; AT&T says it plans to expand its fiber internet service to 38 new cities







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Streaming Video Now Accounts for 70 Percent of Broadband Usage (Re/code)

Sling TV Boss Says Comcast Usage Caps Hurt Competition (Broadband Reports)

Verizon could explore Yahoo's Internet business, CFO says (Reuters)

AT&T expands its fiber internet service to 38 new cities (Engadget)



SAP NS2’s VC Arm Invests in ThreatConnect; Mark Testoni Comments (GovConWire)

Wall Street thinks Salesforce could fix one big flaw in its business by following Oracle (Business Insider)

Salesforce's Benioff ‘doesn’t believe in unicorn theory anymore’, cites market manipulation (New York Business Journal)

New Salesforce tool lets users have their way with external data (PCWorld)


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Salesforce catching up to SAP? Not so quickly, perhaps


Tom Paine



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With all the hype given to Salesforce, with which on substance I certainly to a degree buy in to, there's been much talk (led by Marc Benioff himself) about the inevitability of Salesforce 'catching up' to SAP one of these days. But in the past few months the stock market results haven't reflected a closing of the gap. Quite the opposite.

I looked at SAP (NYSE: SAP) and Salesforce (NYSE: CRM) share prices from the day Dreamforce ended (9/18) up through the close of business Friday,December 4. Of course, the other significant financial event during that period was its earnings report on November 18.

SAP reported preliminary results on October 12 that exceeded estimates, also offering a bouyant outlook for Q4.

Of course, Salesforce is growing at a much faster rate, but for SAP even the slightest upward blip could make a big difference. SAP also touts its cloud growrh, although cloud revenue still accounts for a relatively small percentage of
overall revevue, and it was cacquired mostly through pricey acquisitions and the payback on these remain to be determined.

Salesforce now has a market capitalization of $54.5 billion, up from $47.1 billion at the end of Dreamforce, versus $96.4 billion for SAP, up from $77.6 billion at the end of Dreamforce.





Salesforce SAP
9/18 $71.40 $64.96
12/4 $82.13 $78.98
% change 15 % 21.6 %




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phillytechnews bytes 12/6





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Comcast, Samsung, others invest in VR company Baobab Studios (Telecompaper)

Google Ventures Dials Down Seed Deals, Urges Mature Startups to Go Public (Wall Street Journal: Venture
Capital Dispatch)




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Links 12/4: Now Seattle wants a Comcast deal like Philly got








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Comcast, Philly Agree to 15-Year Franchise Deal (Multichannel News)


Seattle to Comcast: We want a contract deal like Philly got (Seattle Times)

Microsoft Dynamics CRM 2016 now available worldwide (ZDNet)

U.S. appeals court hears challenge to net neutrality rules (Reuters)


With $42M Deal, Evariant Goes Big in Health Marketing, Analytics (Xconomy)
Pursuing a different segment of healthcare market than Veeva Systems, but potential collision points exist, initially in the area of data sources. For all I know, Veeva may already see this as additional opportunity for its data. In any event, I think Salesforce controls franchise boundaries for its verticals to some degree.

Qlik and Veeva Systems Partner to Offer Unprecedented Visibility into Customer Data for the Pharmaceutical Industry (Business
Wire)


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