CIT President/CEO Jobse to leave company

By Iris Dorbian — 12 months ago

Peter Jobse, president and CEO of The Center for Innovative Technology, said he will step down at the end of the year. Prior to joining CIT, Jobse worked at EDS and was a founder of ArcSight, which was later acquired by Hewlett-Packard. He first came to CIT in October 2002 as an executive vice president and chief operating officer.

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Proteus Digital Health inks $120 mln, also appoints new CFO

By Iris Dorbian — 2 years ago

Proteus Digital Health has received $120 million in funding from unnamed investors. In addition to the funding, the firm has named Steve Fieler as CFO and added Jonathan Symonds to its board of directors. Fielder is a former CFO at Hewlett-Packard while Symonds is the chairman of HSBC Bank Plc and the former CFO of Novartis AG. Headquartered in Redwood City, Calif., Proteus Digital Health is a digital medicine firm.

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HP Could Sell webOS Unit

By Reuters News — 4 years ago

(Reuters) – Hewlett-Packard Co is looking to sell Palm’s webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said. Advised by Bank of America Merrill Lynch, HP is trying to figure out how […]

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H-P Scales Back Investment Activity Amid Quarter-end Shakeup

By Jonathan Marino — 4 years ago

Listed, Calif.-based Hewlett-Packard has scaled back or eliminated several parts of its corporate venture capital investment structure, said multiple sources who spoke with peHUB. Further, our sources said, the company is likely to make an announcement within the next two weeks regarding potential M&A plans and other organizational shifts for H-P as the company tries […]

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Analysis: Google/Motorola Could Be Peak of Patent Price Spike

By Reuters News — 4 years ago

(Reuters) – The bubble in mobile phone technology patent values may just have popped.

Now that Google Inc. has agreed to a $12.5 billion deal to buy Motorola Mobility Holdings Inc. — scooping up a trove of 17,000 phone-related patents to give itself some ground to defend its Android operating system — the most motivated buyer looks to be off the market.

“The game is completely changed as a result of Google’s acquisition of Motorola Mobility. The arms race is essentially over,” said John Amster, chief executive of RPX, a company that advises customers on patent purchases. “They have basically created through acquisition what they needed.”

Google’s move was widely seen as a response to its loss in the auction of 6,000 Nortel patents to a group led by Microsoft Corp., Apple Inc. and Research in Motion, which fetched an unprecedented …

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