Accenture completed its acquisition of Wayne-based Octagon Research Solutions late last month. I spoke with David Boath, North American managing director for Accenture’s Life Sciences industry group, about its post-acquisition plans for Octagon. With the completion of the deal, I updated Philly Tech News' "Young Companies to Watch", replacing Octagon with Wayne-based SkillSurvey.
SAP announced on Monday it had completed its $4.5 billion acquisition of Ariba, after announcing on Friday the deal had received Justice Department clearance.
Lockheed, which employs 9200 in the Philly area according to the Philadelphia Business Journal, got caught up (perhaps unavoidably) in a heated political controversey over whether employees should be issued layoff warnings under the WARN Act due to the threat of massive defense budget cuts that could occur by year end without a budget deal.
This past Sunday was the 60th anniversary of the awarding of a patent for the barcode
to two Drexel graduate students.
In news from other sources, the Inquirer wrote about the end of Sunoco as an independent entity, and its legacy in Philadelphia. Redbox announced it would begin selling tickets from kiosks, beginning in Philadelphia, and partnering with Comcast-Spectacor's New Era Tickets. Exton-based iPipeline hired Philly native and former SAP and Ariba executive Paul Melchiorre as President.
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