DETROIT – Ten retail concepts have made the semi finals of the Hatch Detroit Contest where one will win $50,000 in cash and $200,000 in pro bono support to found a brick and mortar business in Detroit, Highland Park or Hamtramck. Now the contest will turn to the public to cast their vote and help
YPSILANTI TWP. – A new study commissioned by the American Center for Mobility finds that only a “modest” number of truck driving jobs will be affected by the rise of automated vehicles. The study, led by Michigan State University and supported by the Texas A&M Transportation Instute, predicted that significant numbers of automated vehicles won’t
ROYAL OAK - Are you a Michigan entrepreneur who has grown a great company that now needs cash to take it to the next level? Then you want to apply to compete in the $1 million Accelerate Michigan business-plan competition. Martin Dober, Managing Partner of Invest Detroit Ventures, talks about this annual competition. Deadline to
ROYAL OAK - On M2 Techcast Aug. 6, Michigan Technological University Professor Guy Meadows will discuss a report his team did on the potential impact a rupture of Enbridge Line 5 in the Straits of Mackinac would have on the Great Lakes. Wildfire CEO Ken Johnson will talk about his new user growth platform for
ANN ARBOR - In the biggest tech exit in Michigan history, networking giant Cisco announced Thursday it will buy Ann Arbor-based Duo Security for $2.35 billion in cash and stock. The deal is expected to close by the end of Cisco's fiscal 2019. Duo is an authentication service that focuses on two-factor authorization, helping to
ANN ARBOR - Fifth Eye Inc., a digital health predictive analytics company, has received a $2.36 million investment from Invest Michigan, Biosciences Research and Commercialization Center, and 33 private angel investors. Fifth Eye develops real-time predictive analytic patient data software to give doctors and nurses a heads up hours in advance about impending trouble ranging
TROY - Altair is providing its simulation-driven innovation software to qualified startup companies through its newly formed Altair Startup Program offering preferential pricing for its simulation-driven design, computer-aided engineering, cloud computing and Internet of Things software solutions. The program also provides no-cost expert consulting to quickly ramp-up startup organizations with its multi-physics optimization platform, Altair HyperWorks™,
TROY – Cloud ERP developer Plex Systems announced Tuesday it has acquired Industrial Internet of Things connectivity technologies provider DATTUS. Terms were not announced. DATTUS solutions connect manufacturing equipment and sensors to the cloud, manage high-volume data streams, and analyze in-motion equipment data to optimize performance, reduce costs, and ensure uptime. The acquisition is expected
TRAVERSE CITY - Toyota on Monday unveiled the second iteration of its hydrogen fuel cell electric Class 8 truck before dozens of press and industry leaders during the first day of the Center for Automotive Research Management Briefing Seminars. The new truck, known internally as "Beta," expands on the capabilities of Toyota’s first Project Portal
ANN ARBOR - Genomic Data Search company Genomenon has been awarded a Phase 2 Small Business Innovation Research grant by the National Institutes of Health. The amount was not disclosed. The grant will be used to develop and apply machine learning and artificial intelligence algorithms to variant interpretation, the single biggest hurdle in scaling the
