Report: Radnor's QlikTech preparing for IPO

The 451 Group blog "Inorganic Growth" says that Radnor's QlikTech, the in-memory Business Intelligence provider, is taking steps in preparation for an initial public offering. QlikTech has reportedly chosen bankers (Morgan Stanley, CitiGroup and JPMorgan) and is preparing its IPO paperwork. Revenue was $120 million in 2008, up from $80 million in 2007, and certainly appears to have grown in 2009. The company was hinting at an IPO two years ago before the market meltdown.

QlikTech looks likely to click on the market (The 451 Group: Inorganic Growth)


Daily Links 2/24/2010: Clearwire boosts subscribers, but may need more capital

Clearwire posts loss but revenue beats Street (Reuters)
Clearwire net additions soar to 87K in Q4 (FierceWireless)
Clearwire: Will It Need More Capital? (Barron's: Tech Trader Daily)

Salesforce earnings: Strong fourth quarter, outlook (ZDNet Blogs)

Comcast Plans Bond Sale to Help Pay for NBC Stake (Bloomberg via
Business Week)

Man pleads to hacking Comcast site (Philadelphia Inquirer)

Baltimore Wants To Know Why They Aren't Worthy Of FiOS
Verizon denies redlining, says their focus is simply elsewhere...
(Broadband Reports)

Pa. educator says she didn't watch student webcams (Associated Press via Washington Post)


SAP Rolls out SaaS BI for 'casual Users' (PC World)

Archonix Systems, LLC Purchases Public Safety Assets of Cross Current Corporation (PR Newswire)

InfoLogix, Hercules restructure loan agreement (Philadelphia Business Journal)

Testing the electric vehicle-to-grid connection (Ars Technica)
University of Delaware works with PJM of Norristown.

A new response to emergency workers’ needs
Lowell wireless company looks to be a market-changer
(Boston Globe)