First shot fired by Oracle in cloud field service management bidding war? (Diginomica)

SunGard Announces Second Quarter 2014 Results (Business Wire)
Now consists primarily of SunGard Financial Systems.

Arris Braces For Customer Consolidation (Multichannel News)

FCC asked six more ISPs, content providers to reveal paid peering deals (Ars Technica)

Tableau revenue up 82 percent in Q2, ups 2014 guidance (Diginomica)



Tableau Software continues to grow, tops 1,500 employees (GeekWire)




French Upstart Makes Offer for T-Mobile USA (New York Times: DealBook)


SAP ties up with Apigee for API management (PC World)

Oracle buys TOA Technologies in strike against Salesforce.com (PC World)

Verizon’s Cloud Video Unit Connects With Comcast’s thePlatform (Multichannel News)

Time Warner Cable Earnings Trail Analysts’ Estimates
(Bloomberg)

Charter wants to bring cloud-based UI to all of its set-top boxes by 2015 (Gigaom)


TruePosition and Ericsson settle antitrust litigation
(Thomson Reuters One)




Heartland Payment Systems to Acquire TouchNet Information Systems, Inc. (Business Wire)
Heartland paying $375 million.

Ad Analytics And Targeting Company Dstillery Raises $24M More For Mobile Growth (TechCrunch)
Led by NewSpring Capital.

CEO Who Sold Diapers.com to Amazon Raises $55 Million to Challenge Amazon Again (Re/code)
MentorTech Ventures invests, as it did in Diapers.com. Lore is a Penn alumni.

CVC in lead to buy Epicor for more than $3 billion: sources
(Reuters)
Epicor, a tier 2 ERP vendor, has a significant presence in Bensalem.







Report: Rue La La attracts Gilt Groupe for potential sale (Fortune)
Majority owner is Michael Rubin's Conshohocken-based Kynetic LLC.


Quintiq, supply chain planning and optimization software firm with joint HQ in Radnor, acquired for $336 million






Tom Paine



 Subscribe in a reader
Subscribe to Philadelphia Tech News by Email



It must be difficult for a French firm to get a deal done just days before most of the country is readying to start its August vacation. But Dassaualt Systems managed to do just that last week when it announced the acquisition of Quintiq of Radnor and the Netherlands. Quintiq provides sophisticated supply chain planning and optimization software that solves issues for clients such as BAE, Canadian National, and the FAA. Dassault, which is an outgrowth of the aerospace firm of the same name, calls itself the ninth largest global software commpany with extensive experience in product lifecycle management software. Its American headquarters are in Waltham, MA.



Dassault paid US $336 million for privately held Quintiq, whose largest investors were
both Philadelphia area firms, LLR Partners and NewSpring Capital, which in 2011 said they had made a "significant" minority investment in the firm, with the remainder of ownership held by founders and employees. In 2013, Quintiq said it expected revenue to be in excess of
$100 million with 36% growth
. That would imply a price/sales ratio of about 3.5, which
is fairly low given its growth dynamics, and suggests to me possibly either low margins or a recent glitch in growth.

Quntiq was founded in 1997 by CEO Victor Allis, a Dutch university professor, who is currently based out of Radnor. Quintiq established its first US office in Wayne in 2005, probably since a high percentage of its customers run SAP ERP. In a letter to the Quintig community regarding the acquisition, Allis points out that Dassault also owns Apriso, with which Quintiq expects some product integration to occur.

Quintiq and Dassault are planning a world tour to introduce the combined companies and
their capabilities, including a stop in Philadelphia on October 15.

Quintiq has about 800 employees. A report from a couple of years ago said Quintiq had 70
employees in the Philadelphia area, and I am trying to get an update on that from the company.


Links 7/28/2014: Dassault to buy Quintiq for $336 million



Dassault to buy planning software provider Quintiq (Reuters)
Likely a good return for LLR Partners and NewSpring Capital, which in which in 2011 made "made a significant minority investment" in the company. Dassualt will pay about US$336 million for Quntiq, which is jointly headquartered
in Radnor and in the Netherlands, and whose software helps companies solve complex supply
chain planning problems.

MeetMe Announces Expected Second Quarter 2014 Results (Business Wire)

MeetMe Prices $10 Million Public Offering of Common Stock (Business Wire)

Comcast's charity extends to friends and potential foes (Philadelphia Inquirer)


Apple touchscreen techie now aims to help West Chester startups (Philadelpia Business Journal)


Cable Companies: Google Threatens Net Neutrality, Not Us
(National Journal)




SHOCK and AWS: The fall of Amazon's deflationary cloud (The Register)

Outside Voices: Why Google and Comcast are Headed on a Collision Course (Wall Street Journal: Blog)

Neat eyes life beyond scanners, shifts focus to software and cloud
(ZDNet)






Qlik Introduces Next-Generation Data Visualization and Discovery Application – Qlik Sense (Business Wire)

Free data visualization tool brings clarity to analytics
(Infoworld)

Chernin and AT&T Set to Buy Control of Fullscreen YouTube Network
(Re/code)
Comcast was an investor.






What do latest changes at PeopleLinx mean?






Tom Paine



 Subscribe in a reader
Subscribe to Philadelphia Tech News by Email


Philly-based PeopleLinx, which in March lost a key component of its original product offering when LinkedIn withdrew access to its API, last week announced that one cofounder,
Patrick Baynes, was leaving to pursue other entreprenuial opportunities, and the other, former CEO Nathan Egan, was reshuffeld to another position. So, as I crptically commented next to the news item the other night, "leaves some questions unanswered about company's future".

Not at all, CMO Michael Idinopulos tells me, PeopleLinx is doing quite well. Six-figure contracts have been signed with several new clients; PeopleLinx3, with a new UI and greater ease of use, is coming out soon; and the company just raised another $1.5 million in debt-based venture capital. Baynes has always been an entreprneur eager to find the next thing, and Egan remains integral to Peoplelinx' customer acquisition process.

But a key is putting more exprienced pepole in key positions, with former COO Kevin O'Nell
taking over as CEO. O'Nell, a managing partner with PepoleLinx investor MissionOG,e served as COO for Conshohocken-based eCount before and after its acquisition by Citi (Citi Prepaid), as well as having run product development for a division of Capital One.