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PwC: Tech IPO value shot up to $12.3B in Q2, fueled by software | ZDNet
Software continued be one of the chief drivers for tech IPO activity during the second quarter, according to global consulting firm PricewaterhouseCoopers. According to the PwC Q2 Tech IPO Review published on Thursday, the total number of deals blossomed to 43, compared to just 17 the same time last year. The positive sentiment prolongs a continuing theme from PwC's tech deals report out earlier this month, boasting heights unseen for several years.
Multiple forces are driving opportunity and innovation in the Internet Software & Services and Software sectors. Expanding commerce in China and ASEAN emerging economies, rapidly evolving Internet-connected wearables and smart devices as the Internet of Things becomes a reality, the associated need for big data analytics and the exploding demand for software defined systems that provide agility and flexibility to companies of all sizes. The impact of innovation is far-reaching in these subsectors.
Keep on the good work John Chen.08-17-14 02:12 PMLike 10 - Sorry if this has already been posted:
http://m.huffpost.com/us/entry/56747...ushpmg00000067
Eazzy Peazzy08-17-14 05:03 PMLike 10 -
- http://online.wsj.com/article/PR-CO-...18-904575.html
BlackBerry Appoints Dr. Sandeep Chennakeshu President of BlackBerry Technology Solutions Business Unit
WATERLOO, ONTARIO--(Marketwired - Aug. 18, 2014) - BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global leader in mobile communications, announced today that it has named Dr. Sandeep Chennakeshu to lead a new business unit to be called BlackBerry Technology Solutions, or BTS. The BTS business unit comprises BlackBerry's innovative technology assets, including: QNX (embedded software), Project Ion (Internet of Things application platform), Certicom (cryptography applications), and Paratek (RF antenna tuning), as well as BlackBerry's extensive patent portfolio.
Executive Chairman and CEO John Chen said, "I am very pleased that Sandeep has joined BlackBerry to lead BTS. QNX, Certicom and Paratek are strategic and technically innovative assets with significant potential to address the much wider global markets for secure, reliable communications and embedded applications. Project Ion creates an application platform that enables secure and collaborative machine-to-machine communication required by the growing number of end-to-end, Internet of Things applications. Our broad global portfolio of 44,000 patents is of value to several industry segments. Combining all these assets into a single business unit led by Sandeep will create operational synergies and new revenue streams, furthering our turnaround strategy."
Sandeep Chennakeshu has been engaged in research, product development, IP creation/licensing and general management in the wireless, electronics and semiconductor industry for over 25 years, including serving as President of Ericsson Mobile Platforms and CTO of Sony-Ericsson. He is a named inventor on 73 patents and a Fellow of the IEEE.
Dr. Chennakeshu starts immediately.
http://investing.businessweek.com/re...icsson%20S.P.A.
Mr. Sandeep Chennakeshu, Ph.D., served as the President of LM Ericsson Telephone Co., Ericsson Spa, Ericsson Telecomunicacoes S.A. and Telefonaktiebolaget Lm Ericsson (publ). since April 29, 2006. Dr. Chennakeshu served as the President of Ericsson Mobile Platforms AB. He served as the Chief Development Officer of Freescale Semiconductor Inc., since October 2007 and its Senior Vice President since June 1, 2006. He served a General Manager of Wireless and Mobile Solutions Group of Freescale Semiconductor Inc. since June 1, 2006. He served as the Chief Development Officer of Freescale Semiconductor Holdings I, Ltd. from October 2007 to December 19, 2008 and also served as its Senior Vice President from June 1, 2006 December 19, 2008. He joined Freescale in June 2006 from Ericsson. He served as Head of Ericsson Mobile Platforms of Ericsson NV/SA. Prior to leading Ericsson Mobile Platforms, he served as the Chief Technology Officer of Sony Ericsson and President of Sony Ericsson USA and Chief Technology Officer of Ericsson Mobile Terminals. He joined Ericsson in 1994 from General Electric (GE) Corporate Research and Development where he headed a research team. Dr. Chennakeshu holds 71 patents in a career than spans more than 20 years in the wireless and mobile radio industry. During that time, he has driven technology advancements in wireless and mobile radio and developed products used by major mobile companies worldwide. Dr. Chennakeshu holds a bachelor's degree in engineering from Bangalore University, a master of science in electrical engineering from the University of Saskatchewan, and a Ph.D. degree in electrical engineering from Southern Methodist University. He also holds a postgraduate diploma in industrial management from the India Institute of Science.08-18-14 07:56 AMLike 12 - This announcement is getting a fair amount of play in the media.
The WSJ's version, just out:
BlackBerry Creating New Technology Unit - WSJ
BlackBerry Ltd. said it would create a new business unit to hold what it called its innovative technology assets, including its QNX software and Project Ion.
The Waterloo, Ontario-based company said it has hired Sandeep Chennakeshu, a former president of Ericsson's Mobile Platforms division, to lead the new unit, BlackBerry Technology Solutions. The unit will also include BlackBerry's Certicom cryptography applications, its Paratek antenna technology assets and its portfolio of 44,000 patents.
The development comes as the smartphone maker attempts to turn around its fortunes in part by positioning itself as a market leader in offering mobile security technology for governments and large enterprises.
QNX, Certicom and Paratek have the potential to address the much wider global markets for secure, reliable communications and embedded applications, while Project Ion creates a platform that enables secure machine-to-machine communication required by the growing number of end-to-end, Internet of Things applications. Combining these assets and the company's large patent portfolio in one unit "will create operational synergies and new revenue streams, furthering our turnaround strategy," BlackBerry Chief Executive John Chen said in a statement Monday.
BlackBerry has lost a number of corporate and government clients to rivals over the last several years as its new devices fell flat in the market. Mr. Chen is counting on updated software that handles security for company-issued devices to win back customers. Firms can use the technology whether employees use BlackBerrys, iPhones or other devices.
BlackBerry is also counting on the success of its QNX software to help drive its turnaround. Auto makers use the technology to allow drivers to connect with their in-car multimedia systems using their mobile devices. BlackBerry also expects this technology to play a key role in allowing businesses and people to connect to an array of machines over the Internet using mobile devices.08-18-14 09:31 AMLike 8 - This announcement is getting a fair amount of play in the media.
The WSJ's version, just out:
BlackBerry Creating New Technology Unit - WSJ
Posted while peeking and flowing on my incredible BBQ10! ?08-18-14 10:58 AMLike 7 - OT but security related!
Community Health Systems, which operates 206 hospitals across the United States, announced on Monday that hackers recently broke into its computers and stole data on 4.5 million patients.
Hackers have gained access to their names, Social Security numbers, physical addresses, birthdays and telephone numbers.
Anyone who received .....
Hospital network hacked, 4.5 million records stolen - Aug. 18, 201408-18-14 11:03 AMLike 12 - Once all the high end talent is hired and given reasonably priced options, then you will see the stock price rocket.08-18-14 11:03 AMLike 9
- OT but security related!
Community Health Systems, which operates 206 hospitals across the United States, announced on Monday that hackers recently broke into its computers and stole data on 4.5 million patients.
Hackers have gained access to their names, Social Security numbers, physical addresses, birthdays and telephone numbers.
Anyone who received .....
Hospital network hacked, 4.5 million records stolen - Aug. 18, 2014
Posted via CB1008-18-14 11:52 AMLike 0 - BTS ===== FTW!
BlackBerry Technology Solutions ===== For The WinLast edited by bungaboy; 08-18-14 at 01:02 PM.
08-18-14 12:16 PMLike 7 - OT but security related!
Community Health Systems, which operates 206 hospitals across the United States, announced on Monday that hackers recently broke into its computers and stole data on 4.5 million patients.
Hackers have gained access to their names, Social Security numbers, physical addresses, birthdays and telephone numbers.
Anyone who received .....
Hospital network hacked, 4.5 million records stolen - Aug. 18, 2014
Sucks for the CIOs that made huge investments into technologies that take security for granted.
Let the law suits begin!
Posted via CB10Last edited by theRock1975; 08-18-14 at 01:22 PM.
08-18-14 12:25 PMLike 14 -
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- 08-18-14 01:53 PMLike 6
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Outcome should be: Indestructible.
Posted via CB1008-18-14 02:03 PMLike 8 - IOT- QNX I am sure will play a huge roll in this, and if the gov mandates this, it could be huge for BlackBerry : http://www.leftlanenews.com/feds-mov...unication.html
The National Highway Traffic Safety Administration has moved to mandate integration of vehicle-to-vehicle (V2V) communications technology in future models.
The agency is promoting the technology as necessary to make a gigantic leap forward in road safety, potentially saving thousands of lives by helping prevent accidents.
"Safety is our top priority, and V2V technology represents the next great advance in saving lives," said US Transportation Secretary Anthony Foxx. "This technology could move us from helping people survive crashes to helping them avoid crashes altogether - saving lives, saving money and even saving fuel thanks to the widespread benefits it offers."
In its regulatory proposal, the NHTSA claims widespread implementation of left-turn assist and intersection-movement assist technologies, aided by V2V communications, could prevent nearly 600,000 crashes and save over 1,000 lives annually. The tech could also be used to improve forward-collision avoidance systems, blind spot monitoring, and stop light/sign warnings, among other potential applications.
The agency is calling for more research and input from the public and automotive industry as it moves forward with potential regulations.
Read more: http://www.leftlanenews.com/feds-mov...#ixzz3Am0tC8j2
CB10'n it via da Z...3008-18-14 02:26 PMLike 11 -
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