DETROIT - Compuware Corp. high profile takeover battle with New York hedge fund Elliott Management Corp. has ended in a truce. The announcement Thursday said that under the agreement, Elliott agreed to ?a limited set of standstill and voting provisions,? including voting for Compuware?s slate of directors at the company?s upcoming, repeatedly delayed annual shareholders
ANN ARBOR - Systems In Motion Inc. says it will add 150 jobs over the next year, mostly at its software delivery center in Washtenaw County's Pittsfield Charter Township. The center already employs more than 200. SIM says it?s working with the regional economic development agency Ann Arbor Spark to recruit both recent college graduates
LANSING - The Michigan Film Office announced Thursday that the feature film Northern 48 has been approved for a film incentive of $3.9 million. The project, set in Michigan, is scheduled to film in Pointe Aux Barques and metro Detroit this spring. ?Northern 48 has made a strong commitment to hiring Michigan cast and crew
LIVONIA ? Join forward-thinking community of entrepreneurs, innovators and business leaders from around the Great Lakes region to network, learn and connect at ACE'14 Jan. 30 at Burton Manor Conference Center. The program includes business experts, elevator pitches and Consultants' Corridor, which will have more than 130 sessions open to entrepreneurs on a first-come, first-served
DETROIT - AT&T has 139 new job openings throughout Michigan, 96 of them new positions, primarily focused on call center staffing, retail opportunities and technicians. ?AT&T continues to expand its customer base in Michigan and invest in our network to ensure we are providing the high level of service customers have come to expect,? said
LAS VEGAS - Aereo, an over-the-air provider of TV channels through the Internet's cloud, Wednesday announced that it has closed a $34 million Series C round of financing. Aereo launched in Detroit in November. Aereo, in a press release, said the new round of financing will support its rapid nationwide expansion and increase its investment
DETROIT - Compuware announced it will sell three of its business units representing roughly 25 percent of its total revenues in a $160 million deal with Marline Equity Partners of Los Angeles. The transaction is expected to close later this month. The businesses are Changepoint, Uniface, and Compuware?s professional services organization. Altogether they employ about
LAS VEGAS - Google has launched a partnership with General Motors, Audi, Honda, and Hyundai, as well as with chipmaker Nvidia, to bring the Android operating system to vehicles in 2014. The group, called the Open Auto Alliance, aims to marry Android's widespread use and app support with openness and customization, according to the group's
DETROIT - SAE Detroit Section and MIT Enterprise Forum of the Great Lakes will host the 6th Annual Automotive Innovation Competition that seeks to shortcut the arduous filtering process in large organizations to bring new innovations to the industry in a time of tremendous change. Applications are due by Jan. 15. APPLICATION GUIDELINES Qualifying entries
LANSING - The rate of underutilized labor in Michigan, which includes the unemployed as well as the underemployed, improved at a faster rate in 2013 than a similar rate did nationally, a state report said. But the state rate of those not working and working part-time is still significantly higher than the national rate. The