Today Verizon announced it is purchasing Hughes Telematics for $612 Million in cash (approx premium of 176% over original share price). (Read more here: http://www.bloomberg.com/news/2012-06-01/verizon-to-acquire-hughes-telematics-for-612-million-in-cash.html) The telco market is clearly starting to signal that they want to be more than a “dumb pipe” in the “connected world”. With Sprint’s offerings they are beginning to take […]
“Doors.” This is the way one of my best friends used to answer his phone at his first job after graduating with his bachelor degree in mechanical engineering . He worked for a major auto manufacturer, and he was a program manager on the door seal system for an in-production vehicle. When you think of […]
Last week Deloitte announced it will be combining its “online” and its “digital” groups in May, “to challenge both the major systems integrators and digital media agencies to develop and deploy online, social, mobile and content solutions for clients” (as reported by itwire.com). This is on the heel of a Accenture making it known that […]
We have all read the poem “The Road Not Taken” by Robert Frost, with its profound lines: “ Two roads diverged in a wood, and I — I took the one less traveled by, And that has made all the difference. ” Nothing can be truer, but so hard to recognize until you have walked […]
Last week I attended two industry conferences. Going in, I thought there would be no similarities….boy, was I wrong! The first was a “by invite only” summit hosted by a venture capital firm. It had approximately 100 entrepreneurs, advisors, and funders. Over two days the group presented to one another what their firms were focused on, […]