PricewaterhouseCoopers MoneyTree 2009 Venture Results Out; Big Drop in Philly Area

Although there was slight improvement in the fourth quarter, venture capital investments in the Philadelphia area fell to $424 million in 2009 from $754 million in 2008, according to PricewaterhouseCoopers MoneyTree data released tioday. Fourth Quarter 2009 investments were $142 million versus $126 million in 2008.
There were 28 deals in the fourth quarter and a total of 89 for the year, compared to 149 reported last year.
Today's report provides only aggregate data; detailed deal-by-deal data is expected out on February 1.

See today's press release here.




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Daily Links 1/22/10: Comcast names new President for Cable Ops

Comcast Cable Names Neil Smit President
Former Charter CEO to Be Responsible for All Cable Operators (Multichannel News)

Comcast to fight FCC ruling on sports telecasts (Philadelphia Inquirer)


Filling the pipes (The Deal Magazine)

One Of These Venture Firms Is Not Like The Other (Wall Street Journal: Venture Capital Dispatch)
First Round Capital.

Oracle President Admits Affair After Billboards Appear (New York Times: Bits)

Java's Future Uncertain Under Oracle Grip (PCWorld)

SAP: Voice of the Customer (ZDNet Blogs)

Avencia adds support for OpenStreetMap (GIS Development)

First Round capital represented by CresaPartners New York in the leasing of their NYC office. (Cresa Partners: New York
Blog)




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Daily Links 1/20/10: FCC ends Comcast's local sports monopoly

Conan O'Brien signs deal to leave NBC (USA Today)

NBC Said to Tell Comcast of Leno Troubles Before Deal (Bloomberg via Business Week)

FCC ends Comcast's local sports monopoly (Philadelphia Inquirer)

Comcast-NBC Universal merger is focus of Senate hearing Feb. 4 (Washington Post: Post Tech)

E.U. Gives Final Clearance to Oracle-Sun Deal (New York Times)

Global CIO: Salesforce.com CEO Benioff On Beating Microsoft & SAP In The Cloud
SAP Is The Anti-Cloud (Information Week: Global CIO)

SAP and Hasso Plattner Ventures Announce Joint Strategic Investment in RIB Software (PR Newswire)

Is the SAP KPI Program Really Dead? (PC World)

January 2010 Business Outlook Survey (Federal Reserve Bank
of Philadelphia)

Heartland Payment Systems:
Lessons Learned from a Data Breach (pdf) (Federal Reserve Bank of Phildelphia)


Q&A: Health IT Czar Rethinks National Data Exchange (Information
Week)

Rowan gets contract for software project (The Gloucester County Times)

The future is online, virtual collaboration… in 3D! (Med Ad News)

City's green groundbreakers
Architects champion new views of digital design and prefab construction. (Philadelphia
Inquirer)



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Daily Links 1/20/10: FCC Requires Cable Firms to Share Local Sports Channels

FCC Set to Close Cable Program Access Loophole (Associated Press via ABC News)
FCC Votes To Close Terrestrial RSN Exemption
Count Is 4-1; McDowell Expects To See Court Challenge (Multichannel News)

Comcast Replaces McAfee, Widens Security Program (PC Magazine)


NYC Seed Launches Summer Incubator for Startups (Read Write Web via New York Times)

RES Software Continues to Drive Global Expansion with New North America (Business Wire)

SAP User Group Claims Victory In Support Battle (Information Week)

Tyco chairman: No merger mania despite big buy (Philly.com: Philly Deals)

Princeton announces plans for new research computing center at Forrestal (News at Princeton)

Zycus Receives Red Herring Global 100 Award (Business Wire)

SunTec Wins the Prestigious Red Herring Global 100 Award (Business Wire)

Presenters and keynote announced for 3rd annual Mobile Monday Mid-Atlantic DEMO Night (Mobile Monday Mid-Atlantic)

Five Consecutive Years of Growth for Portico Systems
Integrated Provider Management Solutions Position Health Plans for Competitive Advantage in a Post-reform Market (Business Wire)
Portico says it has several open positions its trying to fill.

Law Firms in Heartland Cases Criticizing Proposed Settlement (Credit Union Times)

CoPilot Live now offers almost complete nav app for free (The Unofficial
Apple Weblog)
CoPilot is based in Princeton.



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Daily Links 1/19/10: Molina to buy Unisys' health info business for $135 mln

Molina to buy Unisys' health info business for $135 mln
* All-cash deal to be completed by first half of 2010 (Reuters)

Silicon Valley Rocks Climate World With New Breed of Software
(New York Times)

Kraft facing mammoth SAP integration as it buys Cadbury for £12bn
Processes and technology under the spotlight, but what will happen to IT jobs? (Computerworld UK)

Gilroy On New SAP Job: I'm 'Jazzed' (Channel Web)

Why You Can Get Written Confirmation From Comcast Now (New York Times: Bucks)

NBC Universal’s Zucker on Life, Leno and the Comcast Deal (Wall Street Journal: Deal Journal)

Analyst: AT&T Needs to Spend US$5B to Catch up (PC World)

Emtec, Inc. Announces 1Q 2010 Results
Net income increased by 39.9%; Earnings per share increased by 28.6% (PR Newswire)

Texas school district using OnCourse Systems software (Philadelphia Business Journal: Technology Blog)



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Daily Links 1/18/10: O'Brien, NBC near deal

Source: NBC-Conan O'Brien Deal Imminent
O'Brien expected to leave 'The Tonight Show' (Broadcasting & Cable)

Verilogue hears what patients say (Philadelphia Business
Journal)

Mining for drug data flourishing (Philadelphia Business Journal via Triangle Business Journal)

Neurosurgeons going paperless at convention (Philadelphia Inquirer)

New Verizon FiOS Bundles Deliver Unprecedented Two-Way-Fast Internet Speeds and More High-Def TV Choices (PR Newswire)

The Grill: John Chen
The Sybase chief says he's excited to capture what he predicts will be double-digit growth in data-intensive mobile applications. (Computerworld)

Waiting for Flexible Displays and Flexible Devices (New York Times: Bits)
Universal Display of Ewing, NJ has been a pioneer in developing flexible displays.

Ciscorola (Light Reading: Cable Digital News)

Swiss Farms Adopts Microsoft Dynamics AX for Retail as It Prepares for Expansion (PR Newswire)

The 2nd Annual Wharton Alumni Business Plan Competition (Wharton Club of New York)




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Doctors drowning in insurance paperwork
Administrative expenses cost the U.S. health system hundreds of billions a year. The goal? A standardized, digital process. (Philadelphia Inquirer)

Ending Our Advertising Relationship With BigDeal (TechCrunch)
Michael Arrington dumps First Round Capital portfolio company.

Comcast Remote DVR Scheduling is Here! (For Some) (Zatz Not Funny!)

Verizon FiOS Mobile for Android Released (Zatz Not Funny!)

CoreTrace increases revenues 500% (Austin Business Journal)
Company had origin in Philadelpia.

Philly Tech People News 1/17/2010

SAP Strengthens Customer Focus and Brings Innovation Faster to Market through New Organizational Structure
(PR Newswire)

Channel Veteran Gilroy Joins SAP (Channel Web)

Tyco Electronics Appoints Chuck Dougherty as President, Communications & Industrial Solutions (PR Newswire)

Comcast Inks Long-term Deal With Ted Harbert
Exec to lead Comcast Entertainment Group through 2016 (Broadcasting & Cable)

CardioNet, Inc. Appoints New Chief Financial Officer (Business Wire)

Gary R. Morris Named President of The Judge Group
CEO Martin Judge promotes member of executive team to President (Business Wire)

Acsis Board of Directors Appoints Marc Friend as Chairman of the Board (Business Wire)

Herley names Thonet chairman, Pocalyko to board (Associated Press via Business Week)

Cadient Group Expands Executive Team to Focus on Future Growth
Healthcare Marketing Solutions Provider Appoints Barry Winn to Vice President of Business Development (PR Newswire)

Digitas Health Appoints Fifth Physician to Science and Medicine Department
Dr. Gautam Gulati Joins as Vice President; Brings Clinical, Public Health and Business Expertise (PR Newswire)

Archer Group adds four to its Interactive staff (Philly Ad Club News)

Wilson Legal Solutions Appoints Greg Murphy as Vice President, Information Technology (PR Newswire)

Greater Philadelphia Senior Executive Group names Hibberd chairman (Philadelphia Business Journal)

Encorium Re-Appoints Dr. Kai Lindevall as Chief Executive Officer and Appoints Current Director, Shahab Fatheazam, Chairman of the Board (PR Newswire)

ShopNBC Taps Industry Veteran Bill McGrath as Vice President of Quality Assurance (Marketwire)




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Poe descendant to select the writer's home (Associated Press via Lancaster Online)

Structure? The Flatter, the Better (New York Times: Corner Office)
Interview with Cristóbal Conde, president and C.E.O. of SunGard

SAP Blows Huge Opportunity With Timid Support Changes (Information
Week: Global CIO)

Media News Group Set for Bankrupcy, Says Operations will be Unaffected (Media Bistro: BayNewswer)

FCC looks at ways to assert authority over Web access (Washington Post)

Comcast Confidential: Pledges To Keep Stations, Online Competition In NBCU Deal
MSO Vows Not To Interfere With Online Content Access, Responds to 'Myths' About JV In Confidential Presentation (Multichannel News)


Verizon: Talk Is Cheap, Data Is Mandatory for Most (GigaOM)


Motorola set-top box unit auction slows-sources (Reuters)

SAP Business ByDesign Coming to Market at Last? (Channel Insider)

Clear releasing two new WiMAX modems with integrated VOIP functionality (Engadget)

Child porn or child's play? US appeals court mulls 'sexting' case against Pennsylvania girls (Associated Press via LA Times)

Pennsylvania cuts another $161M from budget (Philadelphia Business Journal)
Includes more technology cuts.




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Daily Links 1/14/10: SAP preliminary results beat expectations, but still questions about growth

Mr. Zucker, Comcast On Line Three (Business Week: On Media)

Innovation Battles Investment as FCC Road Show Returns to Cambridge (O'Reily Radar)


Comcast to Expand 'Xfinity' to DSL Subs (Light Reading: Cable Digital News)

As Predicted, Comcast Usage Meter Expands
Beta enters additional Pacific Northwest markets... (Broadband Reports)

SAP Announces Better-than-Expected 2009 Preliminary Results
(PR Newswire)

SAP 2009 sales drop, beat own targets
* 2009 core sales drop 5 pct, less than forecast (Reuters)

SAP Shakes up Support Structure, Executive Organization (PC World)

SAP shuffles management, maintenance decks; Analysts question 2010 prospects (ZDNet Blogs)

InstaMed Announces the Release of InstaMed Connect for Integrated Real-Time Healthcare and Payment Transactions (PR Newswire)

Q&A: Rick Hirsh, Fastech Integrated Solutions (Keystone Edge)

Greater Philadelphia Tourism Marketing launches new Web site (Philadelphia Business Journal)

Sprint hacks $10 off its monthly mobile WiMAX pricing (Engadget)

Internet Connectivity Problems and Slowdowns Throughout Philadelphia/NJ Area (Bryn Mawr Information Services Blog)





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