September 27, 2015 |
Teva Pharmaceutical Industries Ltd., said Friday it agreed to buy Gecko Health Innovations Inc., a privately-held company that makes software and other products to remind patients to take their respiratory medicine. A Teva spokeswoman declined to reveal the price of the acquisition of the Cambridge, Mass. company. Through the deal, Teva will get Gecko's CareTRxTM, which is a hardware and software product designed to keep track of patient use of inhalers. People suffering from asthma and chronic obstructive pulmonary disease often use an inhaler to help them breath more easily.
July 25, 2015 |
SEPTA Regional Rail trains were delayed Thursday afternoon by 45 to 60 minutes following a software failure in SEPTA's control center. Trains throughout the regional network were affected, starting at about 1:20 p.m., SEPTA spokesman Manuel Smith said. The software was essential for controlling rail interlockings and passenger announcements, Smith said, and all trains were halted. The software issues "were resolved at 1:40 p.m. and they were able to get railroad running again," Smith said.
May 25, 2015 |
Maker Brad Litwin, 59, makes kinetic sculptures in his East Oak Lane studio, including a line he calls MechaniCards - intricately laser-cut paper made into tiny, greeting-generating machines. They're sold online, at MechaniCards.com, and at museum stores, including those of the Princeton Art Museum and the Massachusetts Institute of Technology. His start Litwin can't really pinpoint it: He's worked as an engineer, animator, musician, and artist. "In 2010, I was sitting in my studio and looking at some boxes I had on the shelf, CD mailers actually . . .. I was thinking it'd be neat to have a machine inside one of those.
May 7, 2015 |
PTC , a Needham, Mass., software conglomerate that has focused on the Internet of Things - sensors and software that help machines share data so people don't have to - said Tuesday it had agreed to buy Wayne-based ColdLight Solutions L.L.C. and its Neuron data-analytics software platform for $105 million. The deal follows PTC's 2014 purchase of Exton-based ThingWorx , which helps corporate clients process user data from "smart connected products" for $112 million, plus a bonus if sales rise.
March 9, 2015 |
When newly developed software works - when clients start buying it - the talk gets big fast: "We are changing the way code is built," says Chris Gali, cofounder of Enterprise Cloudworks , from the conference room past the pool table in his high-rise offices at 1818 Market St. "Right now, we are 52 people. By the end of the year, we will be 75. My belief is that in two and a half years, we'll be 350, right here on Market Street, Philadelphia," says Jim Rourke, the firm's president.
March 8, 2015 |
SAP SE, the German-based business-software company with North American headquarters in Newtown Square, says it will cut 2,200 of its 74,400 worldwide jobs as it pushes cloud-based and in-memory-database services to offset the drop in sales growth for enterprise software systems. But the company, which employs 2,500 in Newtown Square, is still hiring. SAP had 50,000 employees in 2010 and about 66,000 by the end of 2013; head count has risen since then. "We're looking for people who can contribute to growth," and who have "networks" of business contacts to whom they can sell SAP services, spokesman Andy Kendzie said.
February 10, 2015 |
At the New York Stock Exchange, which has become a theater for corporate product announcements now that most actual stock trades are done remotely by computer, Bill McDermott , Newtown Square chief executive of software-maker SAP SE , stood before stock analysts and reporters Tuesday to hype "the biggest product launch ever [by] the most global software company on the planet. " The product is an updated SAP business system called S/4 Hana, which McDermott promised would allow clients to "run your entire company, radically simplified, at a speed never before achieved, real-time, in the cloud," from a smartphone.
January 13, 2015 |
The company with the most job openings in metro Philadelpha is - Oracle Corp. ? The California-based business software giant is at the top of the regional hiring list, according to a January scan of corporate openings collected by the jobs website SimplyHired.com. Next on the list are Johnson & Johnson, Comcast, Penn Medicine , and Pricewaterhouse- Coopers . Six months ago J&J had the most local jobs open; a year ago it was Bayada , the home-health aide company.
December 30, 2014 |
It's odd what people recall, but Jeff Westphal, 53, remembers staring at a chopping block in his kitchen when an insight hit him with such force that he changed his entire approach to business. Westphal, chief executive of his family-owned, 900-employee tax software company, Vertex Inc., had come home on a Friday 18 years ago, enthusiastic about taking his family - including three kids, then all under age 6, on an impromptu family camping weekend. His wife objected. Casting her as a stick-in-the-mud, he began his usual approach - a mix of convincing and cajoling.
December 19, 2014 |
Chittaranjan "Chitu" Shantilal Shah, 66, of Norristown, an engineer and respected member of the Indian community in the Pennsylvania suburbs, died Monday, Dec. 15, of unknown causes after collapsing at his home. Born in Mumbai, India, Mr. Shah earned a bachelor's degree in engineering at the Jai Hind College of the University of Mumbai, then came to the United States seeking to better himself and provide a bright future for his family. "My father was an amazing and kind man who has been in this area for over 40 years," said daughter Megha Shah Fitzpatrick.