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.
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.
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
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
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
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
DETROIT ? Studies show consumers shop for cars and trucks that match their style, their favorite color, and even the best fuel economy. Increasingly, though, experts say vehicle buying decisions hinge on how well consumers? smart phones connect to a car or trucks? Infoentertainment system. ?Towing capability is a unique feature for a certain segment,?
FLINT - Kettering University has won a $200,000 grant from the Intech Energy Storage Corporation of Canada to test the critical characteristics of, and experimentally fabricate, a newly designed aluminum-based battery that is more versatile, has a longer shelf life and is made of environmentally friendly, non-toxic, low cost components. The battery concept can be
CHARLEVOIX - A new fiber-optic infrastructure agreement with Merit Network will help Charlevoix-area organizations connect to Merit's high-speed Internet service statewide. Merit is leasing strands of fiber within the community from Charlevoix Public Schools and the City of Charlevoix. Due to a lack of critical infrastructure, broadband availability has been sparse in Northern Lower Michigan,