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New CEO at Berwyn’s Ametek

Friday, May 27th, 2016

Written by Harold Brubaker, Staff Writer

Ametek Inc. named David A. Zapico to succeed Frank S. Hermance as chief executive officer, the Berwyn manufacturer of electronic instruments and electromechanical devices said Wednesday.

Zapico, currently chief operating officer and a 26-year company veteran, was also named to Ametek’s board of directors. He takes over as CEO Thursday.

Hermance, who will be Ametek’s executive chairman, has been CEO since 1999. During his tenure, Ametek’s sales soared to $4 billion from $925 million, the company said. Much of the growth has come through relatively small acquisitions.

Since 1999, Ametek’s shares have had an annual return of nearly 20 percent, compared to 4 percent for the Standard and Poor’s 500-stock index.

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“Here are the winners of the 2016 PACT Enterprise Awards” via Technical.ly Philly

Friday, May 13th, 2016

Written by Roberto Torres, Technical.ly Philly 

The Pennsylvania Convention Center hosted a crowd of some 900 investors and stakeholders Thursday to celebrate the winners of the 2016 PACT Enterprise Awards.

Dean Miller, president and CEO of the Philadelphia Alliance for Capital and Technologies (PACT), mentioned in his opening remarks the surge in tech activity the city has recently seen.

Ten startups, companies and CEOs from the Greater Philadelphia Area were acknowledged for their work during the year, with a special accolade for investor John Martinson, who received the Enterprise Legend award for Lifetime Achievement.

The ceremony also served to remember Brenda Gavin, cofounder of Quaker Partners, who recently passed away. In Gavin’s name, friends and family started a fund that will support women-led healthcare startups, which currently holds $50,000.

Click here to read the full article.

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Greater Philadelphia Region Technology and Healthcare Leadership and Success Celebrated at 23rd Annual PACT Enterprise Awards

Friday, May 13th, 2016

In addition to honoring technology and healthcare companies, executives and entrepreneurs, PACT unveils updated vision focused on fast-growing companies, and a driver of innovation and entrepreneurship in the Philadelphia region

PHILADELPHIA, PA, May 12, 2016 – PACT, the Philadelphia Alliance for Capital and Technologies, this evening announced the winners of the 2016 Enterprise Awards. Held annually, the Enterprise Awards are the region’s most prestigious awards honoring investors, entrepreneurs, and companies that are pace-setters in innovation, leadership and advances in technology, healthcare and related fields. Additionally, PACT introduced its new brand vision and logo to the more than 900 guests in attendance.

“Today is a momentous day for PACT,” said Dianne Strunk, Vice President of PACT. “The Enterprise Awards mean so much to this community and it’s always a wonderful evening celebrating the successes our region has to offer. But we’re also excited to introduce our new vision to help propel us to further supporting entrepreneurship and innovation in the Philadelphia region for years to come,” she added.

Click the link below to read the full press release and find out which companies were named winners.

PACT Announces Winners and Results for 23rd Annual Enterprise Awards

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Penn Medicine uses data to enhance patient outcomes | #emcworld

Wednesday, May 4th, 2016

From electronic medical records to telemedicine, technology has transformed healthcare. University of Pennsylvania’s Penn Medicine, consistently recognized as a leading academic medical center, uses technology in myriad ways to improve patient care.

With five hospitals, three rehabilitation hospitals and seven regional medical centers, Penn Medicine collects a lot of data.Vasee Sivasegaran, corporate director of infrastructure at Penn Medicine, University of Pennsylvania Health System, said that although it’s a struggle to manage, it benefits the health system in the long run.

“The more data we collect, the more information we’re able to gather,” he told Stu Miniman (@stu) and Brian Gracely (@bgracely), cohosts of theCUBE, from the SiliconANGLE Media team. “We’ve had some good use-case scenarios where we’ve been able to track patient care in a positive way.”

Click here to read full article.

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Qlik Moves To Expand Partner Program Beyond License Sales To Include Services, Subscription Revenue

Wednesday, May 4th, 2016

Business intelligence software developer Qlik is expanding the scope of its partner program beyond software license sales to include working with partners to grow their service offerings and software subscription revenue.

The new partner initiatives come as Qlik itself seeks to grow beyond its roots as a developer of a single data-visualization software product into a provider of broader business analytics platforms and services.

Qlik channel and marketing executives, addressing partners at the company’s Qonnections 2016 customer and partner conference in Orlando, Fla., on Monday, also outlined additions to the company’s partner program, including new specializations and certifications, deal protection and market development funds.

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Dell rebrands Dell to Dell Technologies, Dell EMC, and Dell

Wednesday, May 4th, 2016

Written by Kelly Fiveash, ars technica 

Dell has followed in the footsteps of its rival HP by hitting the reboot button on its various brands.

“We’re a little bit late to the party, but what we’ve unveiled today puts us ahead.”

Chief Michael Dell confirmed in a letter to employees that Dell—which turned 32 years of age on Tuesday—had a new name: “our family of businesses will officially be known as Dell Technologies,” he said. The announcement will be made formally at the EMC World trade show, which kicks off today in Las Vegas.

Dell’s family of affected brands includes Dell itself, EMC, VMware, Pivotal, SecureWorks, RSA, and Virtustream—all of which now fall under the “Dell Technologies” banner.

Things got a little bit more garbled, however, when Dell (Mister Dell, that is) confirmed that Dell’s client solutions business will be branded simply “Dell.” To this, Dell said, “The brand equity in the Dell PC is irreplaceable. We have incredible momentum, gaining share in 13 straight quarters. The business is absolutely core to our vision of technology infrastructure and our ability to drive innovation at scale at the edge. And above all, it’s critically important to our customers.”

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(First Round Capital Company) This NYC Startup Just Raised To Change How You Shop

Tuesday, May 3rd, 2016

Written by ALLEYWATCH

It’s not uncommon to feel a little jealous after a nice newsfeed scrolling session on virtually any social media platform. From pants to shoes to blouses to suits you may have the impulse to self loathe when instead you should check out Project September. The company is making nearly all clothing shoppable by simply clicking on the item, and can save you the headache of going to Amazon to try to find exactly those shoes on your newsfeed. So quit having to look for what you like, and start clicking away.

We spoke with CEO and cofounder Alexis Maybank about her company’s recent fundraising as well as what she gained while working as a Gilt executive.

Who were your investors and how much did you raise?

We are thrilled to have support from investors like William Morris Endeavor (WME Ventures), Venrock, Greylock Partners, First Round Capital, Montage Ventures, among others, in our seed round. At this time, we’re not disclosing the amount raised.

Click here to read more.

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Qlik Strengthens Cloud-Based Offerings with Acquisition of Industrial CodeBox

Tuesday, May 3rd, 2016

Bolsters Qlik data preparation strategy with connectivity to Web-based data sources

ORLANDO, Fla.–(BUSINESS WIRE)–QONNECTIONS 2016 – Qlik® (NASDAQ: QLIK), a leader in visual analytics, today announced it has acquired Industrial CodeBox, the company behind QVSource, which allows Qlik Sense® and QlikView®users to include data from cloud-based sources such as social media, Software-as-a-Service (SaaS) applications, and other web-based APIs into their applications for deeper levels of insight. A Qlik partner since 2011, QVSource provides over 40 out-of-the-box connectors to specific applications within popular Web-based services such as Twitter, Facebook, and Google, as well as cloud-based applications including Microsoft Dynamics CRM, and SugarCRM. With this acquisition, Qlik enhances the time to value and ROI of the Qlik visual analytics platform by enabling customers to quickly setup and include data from cloud-based sources to gain even greater insights. The terms of the transaction were not disclosed.

Click here to read the full press release.

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Three Fox Rothschild Attorneys Win The M&A Advisor’s Emerging Leader Award

Tuesday, May 3rd, 2016

Fox Rothschild LLP is pleased to announce that JR Lanis, Sandra A. Romaszewski and Nevena Simidjiyska have been named as winners of The M&A Advisor’s Emerging Leader Award.

The M&A Advisor is a leading source of news about mergers and acquisitions, financing and turnaround professionals. It created the Emerging Leader Awards “to recognize and celebrate the achievements of young M&A, financing and turnaround professionals who had reached a significant level of success and made a notable contribution to their industry and community.”

“With the expansion of the Emerging Leaders program to the United Kingdom, and Europe earlier this year, the 2016 U.S. award winners join a truly global network of young leaders,” said David Fergusson, president and co-CEO of The M&A Advisor.

Click here to read the full press release.

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After adding Bob Moul, Cloudamize raises another $1 million

Tuesday, May 3rd, 2016

Written by Juliana Reyes, Technical.ly Philly

Cloudamize, the “Mint.com for Amazon Web Services,” raised $1 million in a round led by MissionOG. The raise comes two months after Cloudamize hired former Artisan CEO Bob Moul as its chief executive.

In the fall of 2013, Cloudamize raised a seed round of $1.2 million from all local investors including MissionOG, Gabriel Investments and Dreamit.

Click here to read the full article.

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