TROY ? Weight-loss and fitness company ViSalus announced Wednesday that its Co-Founders and key stockholders have reached an agreement in principle to complete a management buyout from Blyth. The fine print on the deal is all shares of ViSalus redeemable convertible preferred stock will be exchanged for ViSalus common stock. That means ViSalus' Founders', employees'
ANN ARBOR - Fuel economy of new vehicles sold in the United States is now at an all-time high, say researchers at the University of Michigan Transportation Research Institute. Average fuel economy (window-sticker values) of cars, light trucks, vans and SUVs purchased in August was 25.8 mpg, up 0.2 mpg from July. Vehicle fuel economy
ANN ARBOR - Toyota?s Collaborative Safety Research Center announced Thursday that it is significantly expanding its mission to advance automotive safety research, with a new focus on the challenges and opportunities that evolving vehicle technologies will present over the next decade. Thanks to a new $35 million commitment that extends the center?s effort to the
DALLAS - AT&T Wednesday confirmed that it will be among the first U.S. carriers to bring you the Samsung Galaxy Note 4 and the Samsung Galaxy Note Edge smartphones ? both on the 4G LTE network. AT&T also confirmed it will offer the Samsung Gear VR, a wearable device that offers a virtual reality experience
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 - 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
FRAMINGHAM, Mass. - According to a new mobile phone forecast from the International Data Corp., more than 1.25 billion smartphones will be shipped worldwide in 2014, representing a 23.8 percent increase from the 1.01 billion units shipped in 2013. Looking ahead, total volumes are forecast to reach 1.8 billion units in 2018, resulting in a
SOUTHFIELD - Wyatt J. Istvan-Mitchell has joined the Technology and Intellectual Property Practice Group of Warner Norcross & Judd LLP. Istvan-Mitchell concentrates his practice in intellectual property law with a focus on patent preparation, prosecution and opinion work, primarily for clients in the chemical and metal arts. A chemical engineer by training, he focuses on
STAMFORD, Conn. - In the second quarter of 2014, worldwide server shipments grew 1.3 percent year-over-year, while revenue moved upward 2.8 percent from the second quarter of 2013, according to Gartner. "The second quarter of 2014 produced relatively weak growth on a global level, with mixed results by platform," said Jeffrey Hewitt, research vice president
GRAND RAPIDS - Lambert, Edwards & Associates has been named as a finalist for two PR News Platinum PR Awards. LE&A earned recognition for its ?Movers for Moms? campaign developed for Two Men and a Truck in the Community Relations category, and ?SNAK Attack? a campaign for Inventure Foods, in the Financial/Investor Relations category. LE&A