4th Quarter 2009 Philly VC Investments; Not too much for IT

The PricewaterhouseCoopers/National Venture Capital Association MoneyTree detailed report on 4th quarter 2009 VC investments is out (free registration required).

Total investments in Philadelphia Metro were $142 million. But after subtracting $61 million for Biotech, $43 million for Medical Devices, and $25 million for Industrial/Energy, that only leaves about $13 million for investments that might primarily be considered IT-related, spread over 13 deals.

Most of these I have reported on before, including MobileMD, MuseAmi, PackLate, Agilence, and Timsesight Systems. Other investments revealed in the report are Core Solutions of Wayne ($500,000), which supplies electronic health record (EHR) systems for behavioral healthcare, Alphion Corporation of Princeton Junction ($1 million),which develops and manufactures integrated photonic components, and NearVerse of Philadelphia ($1 million), which provides mobile IP network application services.


Daily Links 2/5/2010: Air Products goes after Airgas

Air Products Offers to Acquire Airgas for $60.00 Per Share in Cash (PR Newswire)

USA Technologies and SAVE Announce Settlement of Proxy Contest (Business Wire)

Rich Hofmann: Technology completes the sports spectator experience (Philadelphia Daily News)

Democrats Question Comcast on NBC Deal (New York Times)

Top Issues at Comcast-NBCU Hearings: Jobs, Competition, Broadcast TV and Online Video (Comcast Voices)

DT Considers T-Mobile USA IPO, Spinoff (Telecom Ramblings)

IBM Acquires Initiate Systems: Five Key Takeaways
(Spend Matters)

Studio out of Studio Centre plan (The Reporter Online)

What Is Printmaking Today? Philadelphia Dares to Ask (New York Times)

Advanta veterans launch MultiFunding for small businesses
(Philadelphia Business Journal)
Founded by Ideablob guy Ami Kassar.

QSI: Sales Up, Profits Flat, Stock Down (Health Data Management)
Quality Systems' NextGen Healthcare Information Systems is based in Horsham.

SunGard Acquires Inmatrix (PR Newswire)

EduCon 2.2 — A ProfHacker Perspective (ProfHacker)