Saturday Highlights: CableLabs Cuts 30-Plus Staff Amid Restructuring: SAP Hopes For ‘Fun’ and Friendly Vibe of Cloud for Analytics
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CableLabs Cuts 30-Plus Staff Amid Restructuring (Multichannel News)
FX Networks Chief Worried About Deep-Pocketed Competitors (Wall Street Journal)
SAP Hopes to Woo Business Users with ‘Fun’ and Friendly Vibe of Cloud for Analytics (ASUG NEWS)
Brooks Brothers Chooses SAP Fashion Management Solution (RIS)
Harry Deitz: Time will tell if move will save journalism in Philadelphia (Reading Eagle)
An early hint that GE might move to Boston?
Tom Paine
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Perhaps this announcement by GE, as described by NJ.com on June 2, 2014, was a precursor for GE's announcement this week that it was picking up its toys and moving its headquarters from Fairfield, CT to Boston. Perhaps the move was already in the early planning stages. Major corporate moves of that size usually require a five year planning horizon.
GE subsidiary to move jobs from Princeton, Piscataway
"GE Healthcare Life Sciences confirmed today its plan to consolidate operations near Boston, which will impact many of its 400 New Jersey employees — including job loss for some.
The facilities that will be closed next year are in Princeton and Piscataway. Operations in Livingston and South Plainfield will be unaffected by the plan, according to a company spokesman.
Of the Princeton and Piscataway employees, some will be invited to relocate to the Massachusetts facility, some may end up working remotely, while the third category would be laid off."
Though I feel little sympathy for Connecticut, whose inflexibility helped lose GE according to reports, knowing a bit about how the power structure works in that state. However, Connecticut apparently offered considerable incentives to Comcast in order for NBC Sports to relocate there three years ago.
Coincidentally, GE's move will bring it closer to PTC, headquartered in Needham, which is GE's primary IoT partner, with a significant contribution from its Exton-based ThingWorx unit. The geographical proximity doesn't mean anything in particular, but GE could snap up PTC in a minute if it wanted to.
Note: PTC announced another acquistion today to support ThingWorx and its IoT strategy.
Links 1/16: PTC buys Kepware to support ThingWorx IoT strategy; Anexinet Acquires ListenLogic
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PTC to Acquire Kepware (Desk Engineering)
Acquired for fit with Exton-based IoT Platform company ThingWorx, a PTC subsidiary.
Anexinet Acquires ListenLogic to Expand Digital Solutions Portfolio (Anexinet)
Anexinet was backed in the deal by its lead investor, Marlin Equity Partners.
Comcast's NBC: Ad sales for Rio Olympics could set records (Philadelphia Inquirer)
Sling TV to Reach 2M Subs This Year: Analyst (Multichannel News)
Wal-Mart merges tech teams in online push (Reuters)
Links 1/14; Will TV war between Comcast and YES Network last until Opening Day? The expected ripple effect of GE’s move to Boston
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Comcast Expands Their Commercial CDN Offering With Live Linear Streaming Platform (Dan Rayburn / Streaming Media Blog )
Yankees 2016: Will TV war between Comcast and YES Network last until Opening Day? (NJ.COM)
SAP CEO's Lesson From Losing Eye: `How Could I Get This Lucky? (Bloomberg)'
The expected ripple effect of GE’s move to Boston (Boston Globe)
Amazon’s next AWS data center region will be in Canada (VentureBeat)
Anaplan just raised £62 million and became the North of England’s first true tech unicorn (Business Insider)
Links 1/13: NBC reveals Netflix usage stats, raises questions; Cherry Hill's AmeriQuest sets terms for IPO
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Why NBC Says Netflix Does Not Yet Pose a 'Consistent' Threat to Broadcasters Network reveals ratings data for streaming service (AD Week)
Comcast bugs BYO modem user with browser pop-ups suggesting an upgrade (PCWorld)
Its IPO game is on fleet: AmeriQuest sets terms for $74 million IPO (Renaissance Capital)
AmeriQuest is based in Cherry Hill.
RIP Threadflip (TechCrunch)
First Round Capital was one of the investors in this used apparel website.
I'm guessing First Round's portfolio in the online apparel sector isn't looking too good right now, but as usual its exposure is probably limited.
Picwell raises $7M, will hire 22 for health plan software (Philly.com: Philly Deals)
Links 1/12: How real are SAP and Oracle’s cloud numbers? Safeguard Scientifics invests again in Syapse
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How real are SAP and Oracle’s cloud numbers? (Phil Wainewright / Diginomica)
Renewals and 'cloud' sales boost SAP, but outlook cautious (Reuters)
NetSuite Adds Employee Data Partner (Fortune)
Bewkes nixes HBO spinoff but open to Time Warner sale (NY Post)
2 TV giants are plotting to bypass Netflix (Business Insider)
Precision medicine software maker Syapse raises $25M (Med City News)
Safeguard Scientifics participated again in this round for Syapse, as it had done in its prior round. Based in San Francisco, Syapse also has a Philadelphia office.
Links 1/11: SAP Sales Top Estimates; Osage Unversity Partners joins $62 Million round in Kymeta Led by Bill Gates
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SAP Sales Top Estimates as New Software Cycle Takes Hold (Bloomberg)
Certainly appears impressive.
An Open Letter to Our Customers: SAP Brands Come Together as One ( Maggie Chan Jones, SAP)
digibyte – SAP blows out Q4 2015 in pre-announcement (Diginomica)
If data’s so important, why is IBM selling Salary.com? (Diginomica)
Salary.com had been acquired by Kenexa, back when Rudy Karsan ran it, prior to its acquistion by IBM.
Kymeta Raises $62 Million in Investment Led by Bill Gates (NY Times: DealBook)
Bala Cynwyd's Osage Unversity Partners is a return investor.
How Oracle Is Helping Retailers Sell More Stuff (Q&A) (Re/code)
Comcast's NBC unit launches comedy channel. No Joke (Philadelphia Inquirer)
Carl Icahn Is Buying up Time Warner Shares (Reuters via Fortune)
Philly Tech People News 1/10/16: Preschlack Joins NBC as Regional Sports Head; Mt. Airy native’s app wins Apple award
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Preschlack Joins NBC as Regional Sports Head (Multichannel News)
Arris closes Pace acquisition, lays out executive team (FierceCable)
Philly Mag changes editors, announces layoffs in restructuring (Philadelphia Business Journal)
Mt. Airy native’s app wins Apple award (Chestnut Hill Local)
SAP Appoints New Canadian Manager (TechVibes)
Lincoln Financial Group Appoints Kenneth S. Solon Executive Vice President and Chief Information Officer (Business Wire)
Connexion Healthcare Opens New Cambridge, MA, Office (PR Newswire)
Alpha Card Services Doubles Customer Service Team As Revenue Continues to Soar
Saturday Highlights: SAP expected to preannounce strong 2015 results next week
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SAP expected to pre-announce strong 2015 results next week (Reuters)
Consulting firms buy into Salesforce as Hybrid IT complexities hit home (Computer Buslness Review)
BT and Salesforce tie up in Cloud of Clouds vision (CloudPro)
Is Oracle's 'supergraphic' a super problem? (San Jose Mercury News)
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