GRAND RAPIDS ? Startup West Michigan is offering a new class on Aug. 6 about how to formulate the 25 word investor pitch. Most entrepreneurs can speak at length about what they've made and how it works, but are lost when it comes to telling a compelling story about their startup. This class will help
BEIJING ? Hackers have succeeded in attacking a car, the Tesla Model S, Chinese security giant Qihoo 360 Security Technology announced last week. Can highly wired vehicles made by Detroit automakers be far behind? The hackers were attempting to win $10,000 in prize money at a kick-off event during the SyScan +360 security conference, which
LANSING - Speaking to the Detroit Economic Club, Governor Rick Snyder and former U.S. Treasury Secretary Henry Paulson urged Michigan economic leaders to become more globally connected. That includes Michigan companies reaching out more for international trade, and having more international companies invest in the state, the two said at the meeting at Ford Field
ANN ARBOR - Plymouth Ventures has closed Plymouth Venture Partners III, surpassing its fundraising target of $60 million. The fund will invest in growth stage businesses located in the Great Lakes region. With the close of the PVP III, Plymouth Ventures now has more than $100 million in committed capital under management. The fundraising process
JACKSON - An independent national survey has ranked Consumers Energy as the top "environmental champion" among providers of electricity and natural gas in the Midwest. The new survey results, released by Cogent Reports, a division of Market Strategies International, also rank Consumers Energy as the second-most trusted electric and natural gas provider in the Midwest,
ZEELAND - Herman Miller announced that it has entered into an agreement to acquire Design Within Reach, a Stamford, Connecticut-based marketer and seller of modern furniture, lighting and accessories, for $154 million in cash. The Company will acquire an ownership interest in DWR equal to approximately 84 percent, subject to adjustment for net debt, changes
TROY - Altair plans to acquire Visual Solutions, makers of VisSim, an innovative visual language for mathematical modeling, simulation, and model-based embedded system development used by scientists and engineers around the world. The transaction is expected to close by the end of July. Terms were not announced. "Product innovation is increasingly driven by embedded systems,
DETROIT - Almost everybody thinks that the systems that power our society are secure. Nonetheless, computer crime has officially surpassed the drug trade for profitability and God only knows what the world?s various nation states are up to when it comes to stealing each other?s secrets. So, ?What?s the problem?? The problem stems from the
LONDON - Apple and IBM announced a strategic partnership whereby IBM will sell iPhones and iPads to its business customers, and will develop cloud services optimized for Apple?s iOS. Apple will provide hardware support for devices through a dedicated large-enterprise AppleCare program. Apple?s need to develop the enterprise market for iPhones is imperative ? and
BLOOMFIELD HILLS - Great Lakes Angels announced Monday that one of its portfolio companies, Blaze Medical Devices, has been selected to present at AdvaMed 2014 in Chicago in October. The AdvaMed 2014 Business Development Committee reviewed 110 applications and selected 29 Emerging Growth Company Scholarships across 4 categories. ?We are honored to be selected to