LIVONIA ? Marketing company Valassis has extended the contract for Chairman and CEO Alan Schultz for three-years to January 2012. Schultz's previous contract was set to expire on Dec. 31, 2008. Under Schultz's leadership, the company has nearly quadrupled revenues and significantly diversified its customer base and product portfolio. In March of 2007, he led
PALO ALTO, Ca. - Hewlett-Packard announced Tuesday it is buying EDS - the former IT arm of General Motors Corp. - for $13.9 billion, a price that struck analysts as surprisingly high. The deal will create a computer services giant intended to rival IBM in the market for serving business customers. The deal is expected
NEW YORK - Billionaire investor Carl Icahn has amassed a stake in Yahoo and could soon launch a proxy contest to unseat at least part of Yahoo's board, The Wall Street Journal reported Tuesday. Icahn has bought roughly 50 million Yahoo shares since Microsoft Corp. on May 3 withdrew its unsolicited offer to buy Yahoo,
GRANDVILLE - Trivalent Group on Tuesday announced Tuesday it has acquired The Grand Rapids-based IT firm iQ Consulting, Inc. No terms were announced. Established in 2001, iQ Consulting is a full service technology firm specializing in Microsoft and Novell products and technology and planning, design and implementation of IT solutions. iQ Consulting�??s customer base will
DETROIT - Midwest Technology Leaders for its Corporate Commitment to Michigan, which will be awarded June 4 at the MGM Grand during the a Cocktail Reception. "MTL's speaker line-up is unrivalled - comprised of leading IT executives who offer a wealth of experience and insight...all delivered in one room,�?� said Tracy-Ann Palmer, Executive Director, Midwest
LANSING - Though no deals have been signed, Michigan stands to benefit from Microsoft Corporation's recent renewal of its Partners in Learning Program, which was worth $4 million over five years when it began in June 2004. Microsoft officials told the State Board of Education at its meeting Tuesday that the success of its programs
LANSING - Michigan Business leaders see rising healthcare expenses as their greatest concern, while fewer expect the economy to improve very much over the next five years, contends a poll released Tuesday by the Detroit Regional Chamber. The poll, traditionally released at the Chamber's Mackinac Policy Conference, but this year will be used to drive
LANSING - About a third of the increase in food prices over the last several years can be attributed to ethanol, renewable energy experts said during a Monday meeting of the Renewable Fuels Commission at Michigan State University. "We have had a recent substantial increase in food prices and there are many, many causes of
CHENGDU, China - A massive earthquake struck Western China on Monday, with its epicenter about 55 miles northwest of Chengdu, which has become one of China's top tech centers. Chengdu has attracted tech companies in part through its High-Tech Industrial Development Zone. According to the Chengdu Invest site, the zone has attracted a huge number
KALAMAZOO ? Faith Heikkila, a security practitioner who is working towards completing a PhD in Information Assurance at Nova Southeastern University, was awarded the Michigan Council of Women in Technology Foundation graduate school scholarship. Heikkila, a member of IEEE, InfraGard, and ISSA also serves on the Grand Valley State University Hall of Fame Board, and