AUSTIN ? Dell confirmed Tuesday that CEO Michael Dell and investment firm Silver Lake are paying $13.65 per share to take the company private, in a deal valued at $24.4 billion. Dell, who owns about 14 percent of his company?s common shares, said Microsoft is also kicking in a $2 billion loan, CNET News.Com reported.
LANSING - As bills that would convert Blue Cross Blue Shield of Michigan to a mutual company continue their movement in the Legislature, the question that keeps coming up at every committee hearing is: What happens to Medigap coverage after the attorney general's rate freeze ends in July 2016. One of the biggest wins for
TROY ? Southeast Michigan is ranked at or near the top in technology employment, education and innovation according to a report issued Tuesday by Automation Alley. The report, "From Rust to Resurgence: Detroit's Regional Technology Economy," compares 15 regions across the country. The reported was compiled by Lansing-based Anderson Economic Group LLC. The Greater Detroit
TROY ? Billhighway has been named a finalist in the 7th Annual Stevie Awards in the Innovation in Customer Service category. Winners will be announced at the awards banquet on February 25th at the Paris Casino in Las Vegas, Nevada. ?We?re grateful for this recognition from the Stevie Awards, acknowledging the value our team brings
MIDLAND ? Dow Corning and IBM scientists Monday unveiled what they said was a major step in photonics, using a new type of polymer material to transmit light instead of electrical signals within supercomputers and other data systems. The company said the new silicone-based material to transmit light instead of electrical signals within supercomputers and
LANSING - The Public Service Commission on Friday released its annual report on video services competition, boasting that since the law regarding the reporting of video services competition (PA 480 of 2006) took effect, the number of municipalities reported having two or more video/cable providers offering service has more than doubled from 53 to 105.
ANN ARBOR - The Entrepreneurs Engage "unConference" brings together 250 of the region's most successful and visionary entrepreneurs and investors for free-wheeling, multisession discussions on ideas and initiatives to improve our region's ability to create and grow new technology businesses. The agenda is determined at the event by the participants themselves. This is a continuation
LANSING - Secretary of State Ruth Johnson announced Friday that the Department of State will issue driver's licenses and state identification cards to young persons brought to the United States illegally but who are now part of the federal Deferred Action for Childhood Arrivals program. The policy change is the result of recent federal guidance
LIVONIA ? Monarch Antenna, developing a smart and adaptive tunable antenna solution for Apple iPhone and Samsung Galaxy III, won first place in Emerging Company category at the fall Great Lakes Entrepreneur's Quest competition Jan. 31 at the Burton Manor. Monarch, based in Ann Arbor, received a check for $5,000. The competition was held during
ANN ARBOR - The Pure Michigan Social Entrepreneurship Challenge, the nation's first statewide social entrepreneurship competition, was announced Jan. 31 by the Michigan Economic Development Corporation, Michigan Corps and Great Lakes Entrepreneur's Quest. ?We are thrilled to propel Michigan forward as the nation?s first state to launch a public-private partnership-driven effort focused specifically on advancing