Cognizant Stock Jumps On Elliott Stake, Buyback Urged (Investor's Business Daily)

Samsung Is Reportedly Considering Splitting Itself in Half
(Fortune)
Also under pressure from Elliot Group.

How Philly's leading e-commerce companies take on Black Friday (Philadelphia Business Journal)


at 10:39 AM 0 comments

Philly Tech People News 11/27/2016: Former SAP exec Lucas named Marketo CEO; Relay Network expands Senior Leadership Team





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Marketo Has Enlisted This Former SAP Exec as Its New CEO (Fortune)

Concur president Elena Donio leaving company after 18 years; Mike Eberhard assumes role (GeekWire)

Relay Network Expands Senior Leadership Team to Drive Scale, Innovation

Cable giant Comcast names new regulatory point person in Washington (Washington Post)

Report: Alphabet Taps Fiber Troubleshooter (Multichannel News)

Brett Berson is now partner at First Round Capital. Previously he was VP-Platforms.


Lincoln Financial Group Named Robert Klaczak Senior Vice President of Distribution Information Technology


Kirk McPoyle Joins Clinical Ink as Chief Commercial Officer

New editors to lead Philly newsroom's digital advance (Philly.com)

TechXtend Welcomes Former NJ Commissioner of Education to Their Team

Osage University Partners Promotes Matt Cohen to Principal (Finsmes)


Apple hires CMU AI guru Russ Salakhutdinov to lure over more talent (The Register)

Benchmark Capital co-founder Andy Rachleff takes over CEO role at Wealthfront (TechCrunch)

RHR International Announces CEO Succession Plan








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Sunday highlights: Generational Change at First Round; New Jersey Tech Council looks back (and ahead) on 20th anniversary



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Moving On: Generational Change at First Round (Howard Morgan / Medium)

Executive Q & A: Five Below CEO Joel D. Anderson
(Philly.com)

Techno files: New Jersey Tech Council looks back (and ahead) on its 20th anniversary (NJBiz)

Memo to cloud providers: Stop selling pipe dreams (David Linthicum / InfoWorld)


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Dell Boomi competitor MuleSoft looking at 2017 IPO


Tom Paine



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Gartner Magic Quadrant for Enterprise Integration Platform as a Service, March 2016



San Francisco-based MuleSoft is heading towards a probable 2017 IPO, according to reports. The cloud integration software vendor exceeded $100 million in revenue in 2015, and has a valuation as of its last round of $1.5 billion. MuleSoft was able to forgo an IPO in 2015 after landing a $128 million investment round led by Salesforce, bringing its total raised to $259 million.


MuleSoft's nearest iPaaS (what Gartner refers to as Integration Platform as a Service) competitor, all things considered, is Berwyn-based Dell Boomi. I'm not sure if Dell Boomi's revenue is quite up to MuleSoft's (though revenue isn't everything), but its valuation if it were a standalone should at least be roughly in the same ballpark, though perhaps a bit less.

By all reports, Dell Boomi has continued to perform well under CEO Chris McNabb's leadership. In general, both Michael Dell personally and what is now Dell Technologies have been very supportive of Boomi since acquiring it in 2010. And with the EMC deal, bringing various cloud enabling architectures with it, completed, it should open up new intracompany opportunities for Dell Boomi. Although corporate synergies don't always work out as expected.

It was interesting to note that Pivotal, which is still majority-owned by Dell Technologies despite selling large stakes of it to Microsoft, GE and Ford, has recently entered into a strategic partnership with MuleSoft. Of course, Pivotal has an emerging IoT-centric strategy and some aspects of MuleSoft's product line may be particularly well-suited for that.



at 12:51 PM 0 comments

Saturday Highlights: Pipeline problems; Black Friday online sales to hit a record-breaking $3 billion, over $1 billion from mobil



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A Blade Strikes Steel, and the Blast Shocks a Nation’s Energy System (Bloomberg)
Worth a read.

The cloud hit escape velocity in 2016, powering an SaaS buy-up (VentureBeat)
By Jason Green of VC firm Emergence Capital Partners.

Black Friday online sales to hit a record-breaking $3 billion, over $1 billion from mobile (TechCrunch)


Monetate Analysis: A Merry Mobile U.S. Holiday Shopping Season Ahead as Average Order Values on Mobile Increase 40 Percent on Thanksgiving Day (Press Release)

State Investing to Make Connecticut More Attractive to Tech Startups (Hartford Courant)





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Links 11/25: Fortune on Radnor's Relay Network; Next week's Amazon Cloud Conference to Feature Machine Learning Bits



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This Messaging App [Relay Network] Is Helping Cox and Citizens Bank Reinvent Customer Service (Fortune)


Comcast hits record price; deals in the works?
(Philly.com)

How Verizon, Comcast, Dish, T-Mobile Figure In Telecom M&A Scenarios (Investor's Business Daily)



Customers not wall street investors is our focus: Qlik’s Björk (ETtech)

Value of Payments Provider Stripe Doubles to $9.2 Billion (NY Times)


Amazon Cloud Conference to Feature Machine Learning Bits, Says Evercore ISI (Barron's Tech Trader Daily)


Salesforce serves as training ground for SaaS startup execs (TechCrunch)



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CEO Rick Nucci on building AI and Bots into Guru



In a conversation with Bloomberg TV, Guru (and former Dell Boomi) founder & CEO Rick Nucci talks about building AI and Bots, and integrating Slack, into Guru.





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Princeton-based Invidi Technologies acquired by AT&T, Dish, and WPP; Comcast taking different path?


Tom Paine



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Invidi Technologies has been acquired by a triumvirate of AT&T, Dish, and advertising giant WPP, it was announced on Monday.

Invidi, based in Princeton and also having offices in Newtown, Bucks County, as well as other places, has been developing technology that enables addressable advertising targeted to the household or even personal (via mobile) level through pay TV systems.

Founded in 2000, Invidi has raised $132 million prior to this acquisition, according to Crunchbase. The acquisition price has not been disclosed. Comcast's NBCU had been an investor in Invidi, but is now presumably bought out.

In 2013, Invidi reportedly struck a deal to deploy its system in Comcast Cable households around the country, but at this time its not clear what happened to that initiative. Comcast seems to be relying now on another stack consisting of technologies it owns or has stakes in, including Visible World, for addressable advertising.

But the often-hyped addressable technology has been painfully slow to reach scale.

AT&T, which will have a controlling interest, seems to see Invidi as one of the keys to monetizing its DirecTV Now platform, to be officially introduced next week.


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Links 11/24: Trump’s FCC advisor wants to eliminate most of the FCC; Comcast Stock Hits All-Time High



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Trump’s FCC advisor wants to eliminate most of the FCC (Ars Technica)

Comcast Stock Hits All-Time High: Is Deregulation the Cause? (Variety)

NBCUniversal Will Take a Bigger Role in BuzzFeed's Ad Sales After Investing Another $200 Million (Adweek)

Urban Outfitters shares drop 12% after weak quarterly sales (CNBC)



PTC to integrate 3D printing and Internet of Things design in Creo 4.0 (3DPrintingIndustry)



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Links 11/23: On Veeva System's strong quarter; Vistar Enhances Out-of-Home Targeting With Brands' Own Data





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Veeva Systems Hits Buy Point, Outlook Beats On Expanding Portfolio (Investor's Business Daily)
Veeva's fiscal Q3 was the first quarter in which Vault billings surpassed the company's older CRM, or customer relationship management, products.

Veeva Surges 9%: A Turducken in the Vault, Say the Bulls (Barron's Tech Trader Daily)

Emergence Capital’s Jason Green on today’s big growth sectors (Diginomica)

Vistar Enhances Out-of-Home Targeting With Brands' Own Data (Ad Age)


TierPoint CEO Jerry Kent Talks Strategy (Data Center
Knowledge)
TierPoint has a major presence in the Philadelphia market, as Philly Tech News reported.

Tableau Cozies Up to Amazon Cloud (Fortune)

'Unique or newsworthy': How the Philadelphia Eagles approach live video (Digiday)



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Links 11/22: New Jersey Governor ends tax grab across the river; Urban Outfitters shares tank after company misses expectations



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Sunoco Logistics to merge with parent company (Philly.com)

New Jersey Governor ends tax grab across the river; will keep reciprocity agreement in place with Pennsylvania (Bucks Local News)

Urban Outfitters shares tank after company misses EPS, sales expectations (Marketwatch)


Veeva Systems Q3 Earnings, Q4 Guidance Beat; Stock Up After Hours
(Investor's Business Daily)


Once enemies, Huawei and InterDigital are now allies brought together by patents (IAM)

AT&T, Comcast, Verizon Eye Next FCC Chair, Eisenach Front-Runner? (Investor's Business Daily)

Analyst: OTT Helps Boost TV Viewership (Multichannel News)

Sling TV to Stream to Comcast’s X1 Platform (Multichannel News)



UK & Ireland SAP User Group – 48% of members have no current S/4 HANA plans (Diginomica)

Using software to track contamination (Food Engineering)




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