Daily Links 6/17/2011: More cuts coming at Digitas Health?

Digitas Health: Cuts Coming (MediaBistro: AgencySpy)

Genetic technology company moves to San Diego (San Diego Union-Tribune)
A bit more detail on why BioNanomatrix is moving its headquarters out of Philadelphia (because of a stronger genetic technology ecosystem in San Diego, the company says), and what will remain behind in Philadelphia.

SAP’s Conflicted Relationship with Customer Choice (ASUG News)

SAP's strategy shaped by 3 megatrends
Mobile, big data, cloud drive opportunities for SAP
(Washington Technology)

Under Pressure, Salesforce Steps Up Acquisitions (Dow Jones VentureWire)
Quotes local startup Visibiz's Chief Executive Ami Assayag.

Falcone’s LightSquared in Deal With Sprint (Bloomberg)

Blackboard Shareholders Seen Losing 50% Gain With Private Equity: Real M&A (Bloomberg)

Angelo Gordon Makes A Take-Private Play For Battery Maker [Blue Bell's C&D Technologies] (Dow Jones LBO Wire)



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What will ING Direct USA's acquisition by Capital One mean for its future?

               ING Direct Cafe in Philadelphia (Source: ING Direct)



Capital One to buy ING's U.S. online bank (Reuters)
ING Press Release

Will this acquisition be a net plus or minus for Wilmington over time? ING Direct has been a very innovative, well run, and consumer friendly business. Will Capital One screw it up?


Capital One to buy ING Direct for $9 billion
(Wilmington News Journal)

Capital One plans $90M cost cuts at ING Direct: Update (Philly.com: Philly Deals)

Capital One Buys ING Direct, and Customers Start to Freak Out (Time: Moneyland)



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