Sunday Highlights: Infor President talks $2bn Koch investment, Oracle/NetSuite deal; AIF’s inaugural Philadelphia gala honors Raju Foundation
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Sensors, switches, perilous places are the job at TE Connectivity (Philly.com)
Infor President talks $2bn Koch investment, Oracle/NetSuite deal and Brexit
(Diginomica)
Salesforce CEO Marc Benioff is telling an odd story about how Microsoft tricked him (Business Insider)
AIF’s inaugural Philadelphia gala honors Raju Foundation (America Bazaar)
Satellite dishes that power Time-Warner imperil merger with AT&T
(Bloomberg via Denver Post)
ABC is exploring a 24-hour digital news channel
(NY Post)
Saturday Highlights: SAP’s Fresh Approach to Small to Mid-Size Businesses; 4 biggest surprises from 2016 vertical software report
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A Simple Plan? SAP’s Fresh Approach to Small to Mid-Size Businesses (ASUG News)
Tableau on Partnering, Integrating, and Cohabitating with SAP and IT (ASUG News)
4 biggest surprises from 2016 vertical software report (VentureBeat)
SaaS for the (legal) marijuana business is a hot market.
Why Clinton Lost PA: Examining the Exit Polls (Politics PA)
Comcast Underground Network Could Mean Faster Internet (CBS Philly)
Groceries and Jet.com help Wal-Mart grow e-commerce 20.6% in Q3 (Internet Retailer)
Links 11/18: DraftKings, FanDuel Announce Plans to Merge; Comcast to hire dozens as it modernizes tech dispatch
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DraftKings and FanDuel are (officially) merging (Recode)
DraftKings, FanDuel Announce Plans to Merge
(Variety)
Some Philly-area investors in FanDuel.
Is the Comcast tech here yet? Cable giant to hire dozens as it modernizes tech dispatch (Philly.com)
BuzzFeed raises another $200 million at the same valuation it had last year (Business Insider)
But NBCU gets some downside protection.
Comcast Launching Two New Hispanic Networks (Broadcasting & Cable)
Trump's Plan to Scrap Obamacare Is Already Messing With His In-Law's $2.7 Billion Startup (Fortune)
Tech IPOs Want to Get Ahead of Trump (Bloomberg) Dell Boomi competitor MuleSoft, First Round-backed Blue Apron among those reported thinking about it.
SAP offers cash for referrals in new cloud channel program (PCWorld)
LiveRamp swallows 2 First Round-backed ventures for $140mm plus incentives
Tom Paine
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| Ari Jacoby |
Ari Jacoby's next act, Philadelphia-based Circulate, was acquired by Arkansas-based consumer database giant Acxiom's LiveRamp unit along with New York-based Arbor, for what LiveRamp said was a total cash consideration of $140 million, it was announced today. There are also equity-based incentives.
LiveRamp's IdentityLink is seeking to build the holy grail of consumer data. IdentityLink aims to produce a 360 degree view of a consumer from information including social and programmatic ad data, CRM data, transactional data and addressable TV data. Others are trying to do the same, such as Dentsu Aegis, which acquired Maryland-based Merkle in August.
The two acquisitions are meant to broaden IdentityLink's data acquisition reach by adding the numerous data publisher relationships Circulate and Arbor possess. LiveRamp's CEO said they would double its publisher network to over 450.
Not coincidentally, both Circulate and Arbor are First Round Capital portfolio companies and run by entrepreneurs previously backed by First Round. Jacoby has started two other successful ventures with First Round's help: VoiceStar (sold to Marchex), and SolveMedia (acquired by Adiant last year).
Arbor was founded by two early employees of Invite Media (acquired by Google): David Yaffe, co-founder and CEO of Arbor, and Nikhil Dixit, co-Founder, Revenue & Operations.
Circulate is headquartered on JFK Boulevard in Center City. Circulate and Arbor both employ about 20, according to Ad Age.
Circulate had raised $17.4 million in funding, from backers including First Round, AOL Ventures, Bullpen Capital, and Chris Dixon.
Links 11/17: Salesforce posts good results; Comcast cuts 'innovation' from high-rise's moniker
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Salesforce Announces Fiscal 2017 Third Quarter Results
Salesforce looks surprisingly good headed into the end of the year with a strong Q3 (TechCrunch)
Workday CEO Aneel Bhusri on competitors, partners and politics (Diginomica)
Facebook buys Pittsburgh-based facial analysis software firm (AP via Philly.com)
Big tower, shorter name: Comcast cuts 'innovation' from high-rise's moniker (Philly.com)
Verizon acquires SocialRadar to buff up MapQuest’s location data (TechCrunch)
Acxiom's LiveRamp Buys Two Publisher Data Firms in Race to I.D. Consumers Across Devices (Ad Age)
Publicis Merges Digital Shops SapientNitro and Razorfish, Creating SapientRazorfish (Ad Age)
Comcast a key new account.
Comcast Business Announces $30 Million Investment to Expand High-Performance Ethernet Network in City of Philadelphia Investment designed to support business communities requiring high-capacity network services
Comcast Business Announces $30 Million Investment to Expand High-Performance Ethernet Network in City of Philadelphia
Investment designed to support business communities requiring high-capacity network services
NEWS PROVIDED BY
Comcast Cable
Nov 16, 2016, 10:00 ET
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PHILADELPHIA, Nov. 16, 2016 /PRNewswire/ -- Comcast Business today announced it is investing more than $30 million in a major expansion of its fiber-based network in Philadelphia, reaching more than 3,000 businesses directly and benefiting tens of thousands more by making the network more accessible and affordable than ever before. Capable of delivering up to 100 Gigabits-per-second (Gbps) of network capacity, the fiber optic Ethernet network expansion will support advanced services and give the company the ability to bring new customers, ranging from small and medium-sized organizations to large enterprises, online more quickly.
While the Comcast Business fiber network already serves many of Philadelphia's largest companies and hundreds of other businesses, this concentrated expansion will deploy more than 50 miles of new fiber optic cable and encompass the city's two largest business districts – Center City (from the Delaware River to the Schuylkill River) and University City. Significant work has already begun over the past few months to provide high-performance Ethernet, Internet and advanced voice solutions to businesses and organizations throughout the city, and additional network expansions will be completed through the remainder of the year.
"Our city has always been on the cutting-edge of innovation and technology, and having access to the latest network services like those that Comcast Business is providing is absolutely essential to keeping us there," said Jim Kenney, Mayor of Philadelphia. "We thank Comcast for its continued commitment to the City."
In addition to the educational facilities, medical industries, law firms and finance institutions prevalent in Philadelphia, the revitalization of tech and retail districts – combined with the influx of new small businesses and startups – creates a hotbed of economic development requiring access to the advanced communications solutions Comcast Business offers.
"This significant investment in our city's infrastructure is critical to provide our businesses with the access and options they need to compete and grow," said Rob Wonderling, President and CEO of the Chamber of Commerce for Greater Philadelphia. "This competitive advantage will also help us continue to attract innovative companies to our city."
With a comprehensive portfolio of Ethernet options, Comcast Business serves schools, businesses, hospitals and other organizations with distributed enterprises that require large amounts of bandwidth, are looking to link multiple sites or branch locations or plan to connect their offices to a third-party data center.
"This is one of Comcast Business' most significant and innovative infrastructure build-outs to date, and we're proud to be making this investment here in our hometown," said David Dombroski, regional vice president for Comcast Business. "As demand in Philadelphia for our high-performance Ethernet offerings continues to soar, Comcast Business recognizes the need to respond quickly to new businesses to provide scalable solutions that can meet demand as they grow."
Over the summer, Comcast Business played a critical role in one of the most technologically-advanced events in history as the official Broadband and Telecommunications Provider for the Democratic National Convention. The company installed more than 25 miles of network plant in the Wells Fargo Center and surrounding area specifically for the event to deliver a redundant 100 Gigabit-per-second connection that serviced all DNC staff, delegates and thousands of media outlets.
Nationally, Comcast Business's Ethernet services are delivered over an advanced network that spans nearly 150,000 miles. Comcast was the first service provider in the world to offer Metro Ethernet Forum (MEF) CE 2.0 certified Ethernet services and was also the first service provider to achieve all three of the previous CE 1.0 certifications (MEF 9, 14 and 18).
About Comcast Business:
Comcast Business offers Ethernet, Internet, Wi-Fi, Voice, TV and Managed Enterprise Solutions to help organizations of all sizes transform their business. Powered by a next-generation, fiber-based network, and backed by 24/7 technical support, Comcast Business is one of the largest contributors to the growth of Comcast Cable. Comcast Business is the nation's largest cable provider to small and mid-size businesses and has emerged as a force in the Enterprise market; recognized over the last two years by leading industry associations as one of the fastest growing provider of Ethernet services.
For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social.
About Comcast Cable:
Comcast Cable is one of the nation's largest video, high-speed Internet and phone provider to residential customers under the XFINITY brand and also provides these services to businesses. Comcast has invested in technology to build an advanced network that delivers among the fastest broadband speeds, and brings customers personalized video, communications and home management offerings. Comcast Corporation (Nasdaq: CMCSA, CMCSK) is a global media and technology company. Visit www.comcastcorporation.com for more information.
SOURCE Comcast Cable
Links 11/16: Infor eyes Oracle and SAP following $2bn injection by Koch Industries; RCN beats Comcast to gigabit speeds in Philadelphia area
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Koch Industries Pours $2.5 Billion into Business Software Maker Infor (Fortune)
Infor eyes Oracle and SAP following $2bn injection by Koch Industries (Information Age)
GE Digital acquires ServiceMax for $915m to further IoT vision (Diginomica)
Some interesting tidbits in comments section.
Emergence Capital, which made huge gains from backing Veeva Systems, was also a big winner here. ServiceMax is Salesforce-native, as
was Veeva's initial product. Salesforce was also an investor in ServiceMax.
Comcast wires Center City, University City for fiber for $30M (Philly.com)
RCN beats Comcast to gigabit speeds in Philadelphia area (Philly.com)
Liberty Media CEO Says Trump Likely "Positive" for Cable Regulation, Sees Time Warner Deal Approval (Hollywood Reporter)
FCC abides by GOP request, deletes everything from meeting agenda (Ars Technica)
Wells Fargo to unveil robo-adviser partnership with SigFig (Reuters)
DraftKings and FanDuel To Merge (Dan Primack/LinkedIn)
Microsoft—yes, Microsoft—joins the Linux Foundation (Ars Technica)
GE Digital and SAP Partner to Advance Industrial Internet of Things (IoT)
GE Digital and SAP Partner to Advance Industrial Internet of Things (IoT)
PR Newswire PR NewswireNovember 16, 2016
SAN FRANCISCO and WALLDORF, Germany, Nov. 16, 2016 /PRNewswire/ -- SAP SE (SAP) and GE Digital (GE) today announced their intention to explore collaboration in the area of the Industrial Internet of Things (IoT). The announcement is driven by the fundamental shared belief in the power of the Industrial IoT, and the ability for joint customers to drive further efficiency, savings and utilization from their investments into assets. The announcement was made at GE's Mind + Machines conference being held November 15 and 16, 2016, in San Francisco.
SAP Logo.View photos
SAP Logo.
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Building on the respective strengths of GE Digital and SAP, the companies plan to focus their initial efforts on opportunities to strengthen the integration between GE's Predix operating system and SAP HANA® Cloud Platform. Additionally, the companies intend to collaborate in the area of asset management, including SAP Asset Intelligence Network, and to explore and design use cases to enable the "Things to Outcomes" vision for customers in the oil and gas industry. "Enabling the owners, operators and makers of their equipment to share data and context is an essential building block towards the enablement of end-to-end processes and our 'Things to Outcome' vision'," said Dr. Tanja Rueckert, executive vice president, Digital Assets & IoT, at SAP.
Customers in the oil and gas industry will be the first beneficiaries between the two companies.
"The cross-collaboration between GE and SAP will allow us to create opportunities for the Industrial IoT ecosystem," said Denzil Samuels, global head of Channels & Alliances at GE Digital. "The partnership is an ongoing effort to expand joint go-to-market capabilities and accelerate innovation in rapidly growing markets for cloud platforms."
SAP and GE are both leading members of the Industrial Internet Consortium (IIC). This international network of companies and universities is driving the implementation of the Industrial IoT in several areas, including manufacturing. Both companies plan to reinforce their ongoing activities and uncover ways to work together on industry-leading standards to accelerate interoperability and convergence between IT and operational technology (OT).
For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.
About GE Digital
GE Digital connects streams of machine data to powerful analytics, providing industrial companies with valuable insights to manage assets and operations more efficiently. World-class talent and software capabilities drive big gains in productivity, availability and longevity. For more information, visit the Web site at www.ge.com/digital.
About SAP
As one of the market leaders in enterprise application software, SAP helps companies of all sizes and industries Run Simple. From back office to the boardroom, warehouse to the storefront, desktop to a mobile device – SAP software empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 335,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
For customers interested in learning more about SAP products:
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Links 11/15: GE signs Exelon in its largest power-plant software deal; Digital Ocean opening new Cambridge office
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Exclusive: IDG in advanced talks to sell itself to Chinese buyout group: sources (Reuters)
Is nothing sacred?
The meeting that made Marc Benioff run away from a deal with Microsoft (Recode)
What to expect when Salesforce reports earnings (Marketwatch)
GE signs Exelon in its largest power-plant software deal (Reuters)
Baltimore software firm eOriginal lands $25.6 million investment from LLR Partners (Baltimore Business Journal)
Trump spells doom for set-top box reforms at FCC, observers say (Philly.com)
Comcast takes $70 gigabit offer away from cities near Chicago (Ars Technica)
Former VMware and Akamai exec to head cloud startup's new Cambridge office (Boston Business Journal)
Siemens plans IPO for its Healthineers unit, with US headquarters in Malvern
Tom Paine
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Siemens announced during its earnings call last week that it is planning a partial spinoff of its healthcare unit through an IPO, though a time frame wasn't specified and and one analyst said it might not happen for a couple of years.
Some in the Philadelphia area may have thought Siemens was gone from Malvern after it sold its Health Services unit (originally Shared Medical Systems) to Cerner for $1.3 billion in early 2015, but Malvern is still US headquarters for what Siemens rebranded earlier this year as Siemens Healthineers, with about 1,000 employees based there, Siemens told me in response to an email. Its a $15 billion annual business worldwide.
Strengths are in systems for medical imaging, laboratory diagnostics, and point of care testing, as well as hearing instruments, though it's weaker in some segments than in others.
Siemens CEO Joe Kaeser indicated that Siemens would definitely retain a significant stake, but I heard differing messages to whether or not it would be a controlling stake. Siemens had determined that healthcare was not a core business, but wanted to keep a
hand in it while allowing independence to become more entrepreneurial.
David Pacitti, President of Siemens Medical Solutions USA, Inc. and Head of Siemens
 |
| David Pacitti |
This year, Siemens Healthineers and IBM Watson Health formed a Global Alliance for Population Health Management. Siemens Healthineers also introduced a new business line in the US, known as Enterprise Services (ES), aimed at helping to improve the overall hospital environment.
Having shed some of its consumer businesses and refocusing on industrial markets, Siemens may be showing more aggressiveness after a period of relative retrenchment. Last week's announcement of an equity investment and joint development initiative with Exton-based Bentley Systems was significant, though not huge by Siemens standards. And just today Siemens announced a $4.5 billion acquisition of Oregon-based Mentor Graphics, whose software helps companies design computer chips.
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