GRAND RAPIDS - Optimism about the economy remained high going into the third quarter among Michigan businesses surveyed by PNC Bank. In a semi-annual sentiment survey, 45 percent of the responding small and mid-market business owners and executives in Michigan said they feel optimistic about their local economy. That compares to 34 percent who said
DETROIT –Henry Ford Health System and Wayne State University announced Friday the organizations have signed a letter of intent to expand their long-term partnership and bring the two Detroit anchor institutions even closer together. This new partnership will create a collaborative model focused on achieving the highest levels of excellence in patient care, a transformational
EAST LANSING - Michigan State University, along with its partners Arizona State University, Dresser-Rand, and Saudi Aramco Energy Ventures, will receive a competitive $2 million award from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy to develop innovative designs for long-duration storage on the United States power grid. MSU’s research is part of the
LANSING - Michigan’s University Research Corridor contributed $18.7 billion to the state economy in 2017, up from $16.5 billion in 2015, a report from Anderson Economic Group reports. The impact also marks an increase of 46 percent since 2007, the year the URC was formed and began benchmarking its impact on the state of Michigan.
ANN ARBOR - MITechNews.Com is expanding its technology video news coverage by adding the first of many topic specific channels - Auto Tech. Editor Mike Brennan attended the Center for Automotive Transportation’s Management Briefing Seminars in August and shot more than a dozen videos interviews with top auto tech decision makers, CEOs, CIOs and other
WASHINGTON - Michigan ranked seventh in a review of 400 state government websites that finds 99 percent fail at least one important measure of performance for page-load speed, mobile-friendliness, security, and accessibility. According to a new report by the Information Technology and Innovation Foundation, some states have much better websites than others, but every state
NEW YORK - Carmera, a mapping and data analytics startup, has raised $20 million in a Series B funding led by GV, formerly known as Google Ventures. Carmera previously raised $6.5 million in an earlier round. The company announced the funding raise along with a few other updates, including a new feature on its autonomous mapping product
ANN ARBOR—A rechargeable battery technology developed at the University of Michigan could double the output of today’s lithium ion cells—drastically extending electric vehicle ranges and time between cell phone charges—without taking up any added space. By using a ceramic, solid-state electrolyte, engineers can harness the power of lithium metal batteries without the historic issues of
TROY - Fred Hehl has been hired as chief sales officer for Plex Systems, which develops cloud Enterprise Resource Planning and Manufacturing Execution System software. Hehl brings more than 20 years of experience in manufacturing enterprise technology and providing mission critical cloud systems to businesses around the globe. “Fred brings deep enterprise software experience, an
ANN ARBOR - In the biggest tech exit in Michigan history, networking giant Cisco announced Thursday it will buy Ann Arbor-based Duo Security for $2.35 billion in cash and stock. The deal is expected to close by the end of Cisco's fiscal 2019. Duo is an authentication service that focuses on two-factor authorization, helping to
