Business
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Strategy Officer at KOP’s Radial, a Former Microsoft Exec, Discusses Challenges of E-Commerce
When Stefan Weitz, Chief Product and Strategy Officer at King of Prussia’s Radial, left Microsoft this year to join the e-commerce outfit born out of the dissolution of eBay Enterprise, many people were surprised, writes Don Tennant for IT Business Edge. However, the Microsoft veteran of 17 years had a simple explanation for the change.…
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Moody’s Says Montgomery County in Healthy Financial Position
Moody’s, one of Wall Street’s biggest ratings firms, says Montgomery County is in a healthy financial position and has given it Aa1 rating, writes Brian McCrone for NBC10. The rating by Moody’s, which is its second highest grade, comes as the county is issuing two general obligation debt bonds totaling $51 million. The issue will…
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Conshohocken Veteran Says Military Experience Helped in Becoming Successful Financial Advisor
After serving in the military, veterans who have transitioned into financial advising like Conshohocken’s Sean Pearson are finding that their Armed Forces experience really helps, writes Morey Stettner for Investor’s Business Daily. Pearson is a certified financial planner who has served in the Pennsylvania National Guard for 19 years. For him, being in the military…
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Conshohocken’s Instem, Based in the UK, Acquires France’s Notocord
United Kingdom-based Instem, which has its U.S. headquarters in Conshohocken, is continuing to grow by making its fifth acquisition in five years with no intention of slowing down, writes Joseph DiStefano for the Philadelphia Inquirer. The leading provider of IT solutions for the worldwide early development healthcare market has purchased France-based Notocord, which focuses on…
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Pair of KOP Companies Joins Forces as McKesson Health Acquires HealthQX
Two King of Prussia-based companies have joined forces with McKesson Health Solutions acquiring HealthQX, the health technology company founded three years ago, writes John George for the Philadelphia Business Journal. As part of the transaction, McKesson Health Solutions acquired HealthQX’s ClarityQX, the software platform designed to help payers and providers transition from fee-for-service payments to…
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Audubon’s Liquid Biotech Relocating to Penn’s New Technology Incubator
Liquid Biotech USA is relocating from its Audubon premises to the University of Pennsylvania’s new Pennovation Center, an incubator for business and technology, when it opens next month, writes Jacob Adelman for the Philadelphia Inquirer. “We think they will contribute to the overall ecosystem and the environment we are creating here,” said Ed Datz, executive…
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Cisco Systems Renews Contract with Blue Bell’s Strategic BCP
Cisco Systems has renewed its three-year contract with Blue Bell’s Strategic BCP for the use of its ResilienceOne platform, writes Joseph DiStefano for the Philadelphia Inquirer. ResilienceOne tracks people, facilities, and systems to speed up decision-making during disaster recovery and business interruption. The maker of computer networking equipment first decided to use Strategic BCP three…
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Fort Washington’s Velis4 Wins Prestigious Award in Telecommunications Industry
Velis4 – a Fort Washington company that focuses on the needs of businesses looking to consolidate, improve, and streamline communications and technology by leveraging the cloud – won the award for Best Collaboration Tool at the Carriers Ball in Washington D.C. The award is voted on by peers and agents that sell or resell various…
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Blue Bell’s CoreDial Hires 72 Employees in Just 18 Months to Support Rapid Growth
CoreDial, a leading cloud communications software and services provider based in Blue Bell, has announced that its partner community has reached more than 500 Managed Service Providers (MSPs), Value Added Resellers (VARs), and IT Solution Providers. As a result of this tremendous growth, CoreDial has hired 72 employees in just 18 months, including three key…
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President of Hatboro Federal Savings Recalls Climb from Bank Teller to CEO
Linda Roehner started work as a teller at Hatboro Federal Savings two days after graduating from high school and has worked her way up to become the President and Chief Executive of the bank, writes Jane Von Bergen for the Philadelphia Inquirer. “You name it. I did it,” said Roehner. “Teller, accounting, loan servicing.” Roehner…
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CFO of Blue Bell’s Unisys to Retire; Successor Promoted from Within
The Blue Bell-based Unisys Corporation has announced that Senior Vice President and Chief Financial Officer Janet Haugen will retire on Nov. 1, 2016, after 20 years of service with the company, including the last 16 years as CFO. Unisys also announced that it has named Inder M. Singh, who currently serves the company as Chief…
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Fort Washington’s GLOBO Cream of Region’s Crop on Inc. Magazine’s Fastest Growing Firms List
Fort Washington tech company GLOBO has risen to the top of the Philadelphia-area companies included in Inc. magazine’s list of the 5,000 fastest growing companies in America this year, writes Michelle Caffrey for the Philadelphia Business Journal. GLOBO showed just how fast it is growing by moving up from 672nd last year to 118th. GLOBO,…
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Plymouth Meeting’s CRF Health Expands Offerings in Burgeoning Wireless Market
Plymouth Meeting’s CRF Health, the leading global provider of electronic Clinical Outcome Assessment (eCOA) solutions for the life-sciences industry, has acquired San Diego-based Entra Health, a giant in mobile health IT, cloud-based remote monitoring, and health data exchange. The acquisition expands CRF Health’s offerings into the burgeoning market of wireless medical and wellness devices, bringing…
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King of Prussia’s CardConnect Goes Public after Being Acquired by FinTech
FinTech Acquisition Corp. has announced the completion of its acquisition of CardConnect, a payment processing and technology solutions provider based in King of Prussia. The transaction was just approved by a vote of FinTech’s shareholders. Its Board of Directors had previously approved the transaction and recommended that the company’s stockholders vote in favor. CardConnect’s Board…
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Jenkintown’s DemandLab Recognized as Leader in Digital Marketing by CIOReview
DemandLab, a marketing technology agency in Jenkintown, has been listed as one of this year’s 25 Most Promising Digital Marketing Solution Providers by CIOReview, a magazine that highlights the way firms execute the smooth functioning of their businesses. “We are pleased to recognize DemandLab,” said Jeevan George, Managing Editor of CIOReview. “DemandLab’s proven track record…
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Ardent Credit Union Breaks Ground on New Flagship Location in Oaks
Ardent Credit Union recently held a groundbreaking ceremony at its soon-to-be flagship location, scheduled to be completed by the first quarter of next year in the Oaks Shopping Center. Distinguished guests included Pennsylvania State Representative Warren Kampf, Vice President of the Black Rock Volunteer Fire Department Matt Wanamaker, and Phoenixville Area Community Services representative Donna…
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First Priority Financial Appoints Mary Ann Messmer to Its Board
First Priority Financial Corp., parent company of First Priority Bank, recently announced that the Corporation has named Mary Ann Messmer to the board of directors for the Bank effective immediately. Messmer, who had served in a similar board capacity for the Bank from 2006-2012, is currently Executive Vice President, Private Banking of First Priority Bank,…
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Malvern Bancorp Posts Strong Third-Quarter Results
Malvern Bancorp, parent company of Malvern Federal Savings Bank, has reported strong results for the third quarter of 2016 with net income of $1.6 million or $0.25 per share for the period, an increase of 31.9 percent over the same quarter last year. In fact, for the nine months ended June 30, 2016, net income…
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