DETROIT - Compuware Corporation has agreed to be purchased by Thoma Bravo, a California-based private equity investment firm, for $2.5 billion. The joint press release did not say whether Compuware would remain in Detroit or what would become of its employees. But in an interview CEO Bob Paul said no layoffs were planned. ?Organizations are
GRAND RAPIDS - Dematic, a global supplier of logistics systems for factory, warehouse and distribution centers, is expanding its research and development capabilities to Waterloo, Ontario, Canada, to address customers? needs to further innovate the supply chain. Dematic?s new Vice President of Global Software Development, Pete Devenyi, a former Senior Vice President of Enterprise Software
LANSING ? The Department of Environmental Quality is offering $10,000 in grants to help Michigan institutions develop sustainable, green laboratory practices and projects. The funding is available through DEQ?s Michigan Green Labs Initiative, a collaborative grant effort to assist institutions and share best practices for minimizing the environmental impacts of their laboratory operations. The project
FARMINGTON HILLS - Beringea announced its Fund has made a $5 million investment in InContext Solutions, Inc., a Web-based company providing three dimensional virtual store research, simulations, and software to manufacturers and retailers. Beringea led the $12 million Series D round, which included a $4 million investment from Beringea?s London affiliate Beringea, LLP, and funding
SOUTHFIELD - Cranbrook Kingswood Girl?s Middle School will host the World Robot Olympiad Michigan Tournament on September 6 to select regular and open category student teams in Michigan. Opening ceremonies begin at 8:30 a.m. and the event is expected to end at 3 p.m. The public is welcome and admission is free. WRO is a
ANN ARBOR ? Sakti announced that it has produced a battery cell on fully scalable equipment with over 1100 Watt hours per liter (Wh/l) in volumetric energy density. This translates to more than double the usage time in a wearable device like a smartwatch, from 3.5 h to more than 9 h. It also translates
ANN ARBOR - The American Institute for Economic Research released their findings on the top 75 college towns in the nation. Ann Arbor made quite the showing at number two in the small metro category. The ?college experience? is about more than simply attending a top-notch university. The city or town where the school is
LANSING - Pure Michigan Tuesday launched the season?s fall $1.3 million advertising campaign with television, radio and billboard ads that feature 13 partners. The campaign will air regionally and statewide through October 1. ?Along with the fall season comes a host of unique, seasonal travel activities and a colorful new landscape to enjoy everything from
SAN MATEO, Calif. - Following a second consecutive quarter of softer than expected demand, International Data Corporation has lowered its worldwide tablet plus 2-in-1 forecast for 2014 to 233.1 million units. The new Worldwide Quarterly Tablet Tracker forecast represents a 6.5 percent year-over-year growth rate, which is well below the 12.1 percent growth rate previously
SAN FRANCISCO - Not only is the National Security Agency scooping up vast troves of data on the American public, it's also sharing that data with other US government agencies. The NSA has granted access across "nearly two dozen" agencies to data on "more than 850 billion records" that covers more than 30 different kinds