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Compuware To Be Acquired By Investment Firm For $2.5 Billion

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

By |2014-09-02T00:00:00-04:00September 2nd, 2014|Archive, Events/Announcements|

Beringea Makes $5 Million Investment In InContext Solutions

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

By |2014-09-02T00:00:00-04:00September 2nd, 2014|Archive, Entrepreneur Corner|

Dematic Opens Ontario Research And Development Center

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

By |2014-09-02T00:00:00-04:00September 2nd, 2014|Announcements/New Products, Archive|

Smartphone Outlook Remains Strong for 2014, Up 23.8 Percent

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

By |2014-09-01T00:00:00-04:00September 1st, 2014|Announcements/New Products, Archive|

IDC Lowers Tablet Projections For 2014 As Demand In Mature Markets Levels Off

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

By |2014-09-01T00:00:00-04:00September 1st, 2014|Archive, Events/Announcements|

Google Takes Steps To Show Its Cloud Data Is Protected

SAN FRANCISCO - Google is taking unprecedented steps to show its cloud, business, and education customers that data protection is its top priority. To prove its commitment, Google is making the details of an independent security audit and of a security compliance certificate available to the public for the first time on its Google Enterprise

By |2014-09-01T00:00:00-04:00September 1st, 2014|Archive, Cyber Defense|

JPMorgan Chase Computer Attack Much Larger Than Reported

NEW YORK - The scope of last week?s computer attack against JPMorgan Chase and at least one other bank appears to be much larger than initially reported. In addition to possibly affecting seven financial organizations, instead of two as originally reported, some bank records at JPMorgan were altered and possibly deleted, reported CNN, citing unnamed

By |2014-09-01T00:00:00-04:00September 1st, 2014|Archive, Events/Announcements|