Business
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Main Line IT company, Syapse, expanding
Early success and access to local talent are driving forces behind plans for expansion at a Main Line IT company. Syapse, a leader in precision medicine solutions, has expanded its Philadelphia-area location in a larger office in Radnor, Pennsylvania, and announced plans to double its presence in the Delaware Valley in 2018, according to a press…
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MONTCO Market: Space-Saving Docks Add Ports to Increasingly Lighter Portable Computers
With portable computers relying more and more on cloud storage and wireless connections, the number of built-in ports has reduced drastically. This often results in only having a headphone jack and a pair of USB ports available, writes J. D. Biersdorfer for The New York Times. But while laptop manufacturers and other vendors sell cost…
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Conshohocken’s ShopRunner growing a culture, fostering talent
Talent stability is a driving force behind a local company looking to expand its hiring this year, and that’s after significant growth last year. ShopRunner, based in Conshohocken, is making a mockery of the misnomer that there is a massive ‘brain drain’ in the Philadelphia region. “When you work for a company out in the…
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Blue Bell consulting firm purchasing California company
A local internet analytics consulting firm has decided to ‘go west’ with the purchase of a California company. Anexinet, a 250-person, Blue Bell-based “digital architect” and analytics IT consulting firm, says it has agreed to buy Propelics, a San Jose, Calif.-based “enterprise-mobility strategies and applications” firm, writes Joseph DiStefano for philly.com. [uam_ad id=”54865″] “We are…
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Blue Bell consulting firm purchasing California company
A local internet analytics consulting firm has decided to ‘go west’ with the purchase of a California company. Anexinet, a 250-person, Blue Bell-based “digital architect” and analytics IT consulting firm, says it has agreed to buy Propelics, a San Jose, Calif.-based “enterprise-mobility strategies and applications” firm, writes Joseph DiStefano for philly.com. [uam_ad id=”54865″] “We are…
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Lower Pottsgrove police launch new website
Lower Pottsgrove police are attempting to take an extra bite out of crime with its new website, which is part of the Pennsylvania Crime Watch Network. A new Lower Pottsgrove police website intends to give the public more direct access to community crime- and public safety-related information, and more easily allow local residents to leave tips about…
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Conshohocken-based Saladworks ups its game with new supermarket location
With six locations in Montgomery County and based in Conshohocken, Saladworks is fairly accessible to folks in the county. But it’s even easier now to load up on those leafy greens. Saladworks entered the grocery channel with its first in-supermarket location at a local ShopRite “to prepare for omni-channel alternatives” as food industries begin to…
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Qlik to move headquarters to King of Prussia
With about 300 employees and a need for more room, the data analytics company Qlik will move from its 12,000-square foot location in RadThe company’s search for new space took it to West Conshohocken where it considered 100/200 Four Falls as well as 300 Four Falls. It ultimately decided to move to the Gulph Road…
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Main Line’s LiquidHub acquired by Paris tech firm for estimated $496 million
LiquidHub, based out of Wayne and one of the largest tech employers in the region, has been acquired by Capgemini, based in Paris, in a deal worth about $496 million, according to both companies. Capgemini, a global consulting tech firm, looking to expand its presence in North America as well as its digital consulting work…
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National Spotlight: ‘Number of the Beast’ drop in market not a true correction
For those who have been riding high for the past couple of years on a market that is handing out double-digit gains to investors and 401k holders alike, Friday’s drop that resembled the number of the Beast was a mere 2.6 percent of the market, not nearly large enough to be considered a correction. [uam_ad…
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Malvern Federal reports quarterly results, is ‘Well-positioned to advance in 2018’
Malvern Federal has reported operating results for the first fiscal quarter ended Dec. 31, 2017. Net income amounted to $403,000 or $0.06 per fully diluted common share, for the quarter ended Dec. 31, 2017, a decrease of $570,000, or 58.6 percent, as compared with net income of $973,000, or $0.15 per fully diluted common share,…
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Bryn Mawr Bank takes a loss after tax reform laws
After President Donald Trump’s corporate tax rate was lowered from 35 percent to 21 percent as part of the Tax Cuts and Jobs Act, Bryn Mawr Bank Corp. became one of the view banks in Montgomery County region to take a fourth quarter loss. Like most banks, Bryn Mawr (NYSE: BMTC) incurred fourth quarter 2017…
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Hatfield-based K’NEX put up for sale by PNC
The manufacturer of the iconic Lincoln Logs and Tinkertoy is up for bid, according to an announcement from PNC Financial Services Group. The public sale of Hatboro-based K’Nex Industries will be Monday, according to the announcement, with the opening bid set at $21 million, writes Patty Tascarella in the Philadelphia Business Journal. [uam_ad id=”54865″] The…
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Could retail branch of JPMorgan Chase be headed for Philadelphia?
There’s nothing official and nothing written in stone, but there were strong hints that JPMorgan Chase is looking at the City of Brotherly Love as a location for a retail branch. The largest U.S. bank announced that it plans to spend $20 billion over the next five years to raise employee wages, increase its small…
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Montco Leaders: Lynne Williams, Philadelphia Area Great Careers Group
By Katie Kohler “Something magical happens when you hit 500,” Lynne Williams says when she hears a LinkedIn is approaching the milestone mark. Williams, right, understands the power of the business and employment social networking service. For close to twenty-five years, she has written cover letters, resumes, value proposition letters and LinkedIn profiles as Chief Wow Office of Around the…
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Malvern Federal to Host Week-Long Meet & Mingle
Sponsored post Malvern Federal’s financial centers will host a week-long Meet & Mingle – from Monday, Jan. 22 to Saturday, Jan. 27 – with refreshments provided to introduce the managers of each location. In a dynamic industry like financial services, staff turnover is not uncommon. However, Malvern Federal knows that means it has to work…
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Comcast makes home automation tech available to all Xfinity customers
In a major move in the home automation space, Comcast is launching a connected home platform to all of its Xfinity customers for no additional cost. The Philadelphia-based media giant announced the news at CES in Las Vegas on Wednesday, saying that it will allow more than 15 millions customers to be able to connect Internet of Things, or…
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Comcast prices set to increase — again
New year, new price hikes. Once again customers of Philadelphia-based Comcast are facing bigger bills for cable and internet service as the media giant rose both its base prices and add-on fees in 2018. An Associated Press report puts the average Comcast customer increase at 2.2 percent this year, with the largest raises coming to subscribers with the popular…
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