Hyland Software Inc. acquires software firm Hershey Systems
The deal doubles the number of colleges and universities Hyland serves with document management software.
September 1, 2010, 3:34 pm
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Lorain County Community College receives $5.5 million state sensors grant
The money will finance the acquisition of equipment and technical support to help develop sensor technology.
September 1, 2010, 10:25 am
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Involta LLC to build $20 million enterprise data center in Akron
The Iowa-based company expects the facility to be operating by the fourth quarter of 2011.
August 30, 2010, 2:07 pm
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Local flavor lies in acquisition of Nutek
A Chagrin Falls company that sells soy-based cleaning products through several major retailers has been bought by the Hoover unit of TTI Floor Care North America in Glenwillow.
August 30, 2010, 4:30 am
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Northeast Ohio IT companies display moderate decrease in business optimism
A survey also suggests hiring might be slowing among information technology firms.
August 27, 2010, 12:57 pm
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University of Akron secures $6 million for new program dealing with corrosion
The money will be used to train students to understand the impact of corrosion on equipment and infrastructure.
August 26, 2010, 1:37 pm
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ViewRay Inc. secures $20 million investment led by Siemens Venture Capital
The company in Oakwood Village is developing a technology that uses magnetic resonance imaging to improve the accuracy of radiation used to kill cancerous tissue.
August 25, 2010, 12:38 pm
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Local ophthalmologist, mother endow professorship at Case Western Reserve
The professorship in memory of Dr. Peter Asseff will bring a new organic chemistry faculty member to the university's School of Engineering.
August 25, 2010, 10:15 am
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Irish eyes see green in local software maker
The Irish company, FleetMatics Ltd. of Dublin, that now owns SageQuest LLC plans to make sure the Beachwood firm remains one of Northeast Ohio's biggest software companies.
August 23, 2010, 4:30 am
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Irish eyes see green in local software maker
The Irish company, FleetMatics Ltd. of Dublin, that now owns SageQuest LLC plans to make sure the Beachwood firm remains one of Northeast Ohio's biggest software companies.
August 23, 2010, 4:30 am
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CWRU builds a formidable structure
Case Western Reserve University in April opened a new infrastructure laboratory, and some big projects already are under way.
August 23, 2010, 4:30 am
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Bioforum Applied Knowledge Center to start offering courses come October
The Israeli bioscience training company says the courses will take place at Corporate College East in Warrensville Heights.
August 20, 2010, 1:51 pm
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NASA Glenn Research Center awards $50M contract extension to ASRC Aerospace
The Maryland-based company provides engineering and scientific support services to NASA Glenn's Brook Park campus as well as to its Plum Brook Station, near Sandusky.
August 19, 2010, 10:36 am
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OneCommunity awarded $44.8 million federal grant to expand broadband access
The money will help finance almost two-thirds of a nearly $70 million fiber optic construction project targeting Northeast Ohio.
August 18, 2010, 9:56 am
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Fund for Our Economic Future head named to Ohio Venture Capital Authority
Gov. Ted Strickland has appointed Brad Whitehead as one of three members of the authority.
August 17, 2010, 1:35 pm
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EARNINGS
Datatrak International Inc. reports second-quarter profit vs. year-ago loss
The provider of software for analyzing clinical trial data saw its bottom line improve on a small increase in revenue.
August 12, 2010, 8:45 am
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Manufacturers, other large users in the dark about new rider on electricity bills
Too few businesses are aware of a new charge they'll soon be seeing on their electric bills -- and those that are aware of it often are still confused over just how to avoid the so-called DSE-II...
August 9, 2010, 4:30 am
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JumpStart Inc. to invest $250,000 in Garfield Heights startup ChanRx
The company, which two years ago spun out from drug development services provider ChanTest Corp., will use the money to complete development of an intravenous version of a drug called Vanoxerine.
August 5, 2010, 9:51 am
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Bold manufacturers buck fears
Fear and loathing be damned -- from buying land to investing in new equipment and workers, some of the area's strongest manufacturers are plugging money back into their businesses.
August 5, 2010, 4:30 am
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GE spins off new turbine for lake use
GE is finalizing the development of a gearless offshore wind turbine that will be bigger and easier to maintain than land-based turbines.
August 4, 2010, 4:30 am
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EARNINGS
Steris Corp. swings to a first-quarter loss on costs of System 1 rebate program
Without the charge for the rebate program, which encourages customers to replace the System 1 with other Steris products, the medical equipment maker would have earned a profit of $27.
August 3, 2010, 9:32 am
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Solon firm starts pilot project to clean up water
Look out, mercury. Mar Systems LLC late last month set up a pilot manufacturing line to produce more of the proprietary compound the Solon company uses to pull toxic heavy metals from water.
August 3, 2010, 4:30 am
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Health data technology firm Explorys Inc. secures a $2.55 million investment
The Cleveland company is commercializing software that the Cleveland Clinic developed to study its own patient records.
August 2, 2010, 10:09 am
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Bold manufacturers buck fears
Fear and loathing be damned -- from buying land to investing in new equipment and workers, some of the area's strongest manufacturers are plugging money back into their businesses.
August 2, 2010, 4:30 am
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GE spins off new turbine for lake use
GE is finalizing the development of a gearless offshore wind turbine that will be bigger and easier to maintain than land-based turbines.
August 2, 2010, 4:30 am
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Polar Products' Cool Max vest pretty hot
An executive turned entrepreneur, Bill Graessle took a small company in Akron that was helping health care providers increase patient comfort and reduce swelling and turned it into a bigger company...
August 2, 2010, 4:30 am
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Solon firm starts pilot to clean up water
Look out, mercury. Mar Systems LLC late last month set up a pilot manufacturing line to produce more of the proprietary compound the Solon company uses to pull toxic heavy metals from water.
August 2, 2010, 4:30 am
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EARNINGS
Keithley Instruments Inc. reports third-quarter profit vs. year-ago loss
The maker of electrical test instruments said the improvement came on a solid increase in sales.
July 28, 2010, 8:46 am
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Bird Technologies Group acquires X-Com Systems
The Solon-based supplier of radio frequency equipment has bought a similar company in Reston, Va.
July 27, 2010, 8:38 am
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Steris foes eye piece of market
A few of Mentor medical device maker Steris' competitors are clamoring to win over some of the many hospitals that for years have used its flagship product to clean endoscopes and other medical...
July 26, 2010, 4:30 am
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Department of Energy grant could be worth up to $24 million to Phycal LLC
The Highland Heights company, which is working on a more efficient way to turn algae into energy, will use the money to help finance the construction and operation of a plant in Hawaii.
July 23, 2010, 10:59 am
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Search engine adviser's growth easy to fathom
In the midst of the recession, search engine marketing company Fathom SEO posted record sales in 2009 after several years of growth, and so far 2010 sales have been even better, said CEO Scot Lowry.
July 23, 2010, 4:30 am
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Professor helps University of Akron become leader in clean coal technology
Only now is Steven Chuang confident enough to say that he expects the University of Akron -- with help from FirstEnergy Corp.
July 22, 2010, 4:30 am
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AxioMed Spine Corp. raises $14.5 million
The Garfield Heights startup will use the funding to advance its patient studies and to expand sales in Europe.
July 22, 2010, 10:37 am
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Easy2 Technologies co-founder John Bukovnik Jr. dies suddenly
The software entrepreneur, who was 46, collapsed last Friday, July 16, at his company's downtown Cleveland headquarters.
July 20, 2010, 4:44 pm
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Search engine adviser's growth easy to fathom
In the midst of the recession, search engine marketing company Fathom SEO posted record sales in 2009 after several years of growth, and so far 2010 sales have been even better, said CEO Scot Lowry.
July 19, 2010, 4:30 am
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Search engine adviser's growth easy to fathom
In the midst of the recession, search engine marketing company Fathom SEO posted record sales in 2009 after several years of growth, and so far 2010 sales have been even better, said CEO Scot Lowry.
July 19, 2010, 4:30 am
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UA prof confident in clean coal technique
Only now is Steven Chuang confident enough to say that he expects the University of Akron -- with help from FirstEnergy Corp.
July 19, 2010, 4:30 am
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NASA Glenn mobilizes moon power grid plans
To figure out the best way to build a power grid on the moon, two NASA Glenn officials want to build a similar one that will help power the western portion of NASA Glenn Research Center in Brook Park.
July 12, 2010, 4:30 am
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Federal, state agencies entice doctors to sign on to e-record systems
The federal government is using stimulus money to give bigger Medicare and Medicaid payments to doctors who install electronic record systems over the next few years.
July 12, 2010, 4:30 am
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Call center sub boosts suburb
Middleburg Heights has lured Professional Recovery Services Inc. of Voorhees, N.J., to take over the 8,000 square feet of office space on Engle Road that CollectCorp Corp.
July 12, 2010, 4:30 am
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NASA to remove 'acting' from title of Glenn Research Center head Ray Lugo
Mr. Lugo has been the research center's acting director since March.
July 9, 2010, 12:48 pm
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JumpStart Inc. makes investments in CoverMyMeds, Echogen Power Systems
The venture development group's latest capital infusions brought its investments for fiscal 2010 to its highest one-year total ever.
July 7, 2010, 9:49 am
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AT&T plans initial investment of $120 million in Akron data center
The center will process information sent via mobile phones and will serve Ohio and states to the east.
July 7, 2010, 11:05 am
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Datatrak International announces private stock placement to company insiders
The provider of software for analyzing clinical trial data raised about $190,000 through the sale of stock to members of its board and management.
July 7, 2010, 9:13 am
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