LANSING - Michigan companies in Ann Arbor, Grand Rapids, Holland, Kalamazoo and Saline have been selected to receive a total of $530,000 in the latest round of funding under the state's Company Formation and Growth Fund, an initiative aimed at retaining Pfizer assets and talent for advancing life sciences technologies in Michigan. "Today's action is
ANN ARBOR - Merit Network announced Tuesday the award of federal stimulus funding to construct 1,270 miles of fiber-optic infrastructure in the Northern Lower and Upper Peninsulas of Michigan. The fiber, which enables access to high-performance broadband, will benefit rural and underserved communities across 29 Michigan counties, helping students with their school work and businesses
ANN ARBOR ? Great Lakes Entrepreneur's Quest, a decade-long business-plan competition in Michigan, could get a big boost from the $1 million international business-plan competition announced Tuesday by the Business Accelerator Network for Southeast Michigan. Winners of the GLEQ competition, in future years, will automatically become semi finalists for the Accelerate Michigan Innovation Competition, said
LANSING - Republican gubernatorial candidate Rick Snyder is expected to announce his choice for lieutenant governor Wednesday, and sources said Tuesday night that he had chosen Rep. Brian Calley of Portland. Calley did not return messages and the Snyder campaign would only say that Snyder had a town hall planned for Wednesday in Grand Rapids.
SAN FRANCISCO - When I read the news Thursday that Intel is buying McAfee for $7.68 billion, I was stunned by its national security implications. Intel has had a cozy relationship with the Russian government and its Federal Security Service (FSB) since 2002 with its sponsorship of a laboratory on wireless technology at Nizhny Novgorod
PLEASANT RIDGE ? ePrize, the worldwide leader of interactive promotions, is hiring again. The company has already hired about a dozen people and still has opening for eight. Headquartered in Detroit, ePrize also has offices in Atlanta, Chicago, Dallas, Los Angeles, and New York. OPEN POSITIONS Team Lead, Engineering ? Detroit The ePrize Team Lead
SAN JOSE - Intel plans to buy security company McAfee for $7.68 billion. The chipmaker said Thursday it has entered into a definitive agreement to buy all of McAfee's common stock at $48 per share in cash. McAfee's stock closed Wednesday at $29.93, making Intel's offer a 60 percent premium. The boards of both companies
ANN ARBOR ? A press conference on Aug. 24 at the Michigan Information Technology Center will announce that Merit Network, Michigan State University, and Bloomingdale Communications have won more than $80 Million in Broadband and Computing Stimulus Grants for rural Michigan. Merit Network will receive $69.6 million from ARRA to construct over 1,000 miles of
LANSING - Rep. Brian Calley of Portland is under serious consideration to be Republican gubernatorial candidate Rick Snyder's running mate as lieutenant governor, sources with knowledge of the situation told Gongwer News Service. Calley declined to comment when reached by Gongwer. However, sources speaking on condition of anonymity said he had interviewed for the position.
LANSING - The University of Michigan and Michigan State University are still considered among the top 100 universities in the United States, according to the latest rankings by U.S. News and World Report. U-M topped the list for Michigan at 29th, coming just behind Tufts of Medford, Massachusetts. MSU was tied for 79th with American