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ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday. The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million.

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The Five Major Tech Trends of 2016

Xconomy

“Cognitive computing,” artificial intelligence, machine learning, and advanced data analytics are evolving companies’ understanding of their customers in game-changing ways. Where security concerns may have previously put companies off cloud, the tide may now be turning.

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Choosing Internet Platforms

SoCal CTO

The topic is: Betting Your Company On An Internet Platform? Interesting term used in a ZD Net article - Platform as a Service (PaaS) Unfortunately, Peter sells the promise and ignores the reality. VRM - his company - goal is to provide a Level 4 platform. Some other points - LAMP,Net, Java - doesn't make much difference.

Platform 150
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CallFire Bootstraps 50,000 Signups and Hires Former NetZero CEO

Tech Zulu Event

Signaling an overall shift away from costly hardware in favor of affordable cloud-based voice and text messaging services for the commercial and non-profit sectors, CallFire announced that it has surpassed 50,000 users. Company founders, led by Ravishanker, made the strategic choice early on to bypass venture capital.

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Interview: Thorsten von Eicken of RightScale

InfoChachkie

Or would you like me to sell you a story on how cloud computing is green because these large datacenters are more energy efficient than the same number of computers run in ad-hoc ways? Let me answer ‘why computing needs RightScale.’ Computing is going the way of the electric grid.

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Entrepreneurs Should Go For The Quick Buck – Then Stop - Initial Business Models Can Be Enticing But Limiting In The Long Run

InfoChachkie

Thus, entrepreneurs must decide when to stop listening to the Sirens’ song of a quick buck and position their company to take advantage of long-term, sustainable business models. They knew that price restructuring would significantly impair their gross revenues as well as their net income, which would dramatically impact their stock price.

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Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

A similar experience occurred at a cloud computing company where I acted as an addVisor. The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. Thus, when you sell a young company, you often trade an adVenture for a job.