Edutech Firm Questar Assessment Acquired For $128m By ETS

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Questar_Logo“PRINCETON, N.J. Jan. 27, 2017 /PRNewswire-USNewswire/ — Educational Testing Service (ETS) today announced that it has signed a definitive agreement to acquire Questar Assessment Inc., a leading K–12 assessment solutions provider focused on building a bridge between learning and accountability. Subject to regulatory approval and customary closing conditions, Questar will become a separate, for-profit subsidiary of ETS.”

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Augeo Acquires Edo Interactive

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Augeo_Logo“ST. PAUL, Minn., Jan. 18, 2017 — Augeo, a leader in consumer and employee engagement and incentive programs across all industries, today announced the acquisition of Edo Interactive, a leader in the card-linked offer industry.”

Based in Nashville, Edo Interactive is the pioneer in card-linked offers, providing a premier software platform connecting targeted merchant offers to credit and debit cardholders in both the US and Europe.”

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DIGI Makes Its Third IoT Acquisition In 15 Months

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digi-smarttemps“MINNETONKA, Minn.,Jan. 9, 2017 — Digi International, a leading global provider of machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services, today announced that it has acquired SMART Temps, a provider of real-time foodservice temperature management for restaurant, grocery, education and hospital settings as well as real-time temperature management for pharmacy, blood bank and laboratory environments. Terms of the transaction were not disclosed.”

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Artech Buys Minneapolis IT Firm Tech-Pro

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screen-shot-2017-01-05-at-12-23-41-pmArtech Information Systems LLC (“Artech”) is pleased to announce that it has signed a definitive agreement to acquire Tech-Pro, Inc. (“Tech-Pro”) a Minneapolis, MN-based information technology solutions company. Tech-Pro provides IT, Engineering, and Business Strategies for a large variety of clients ranging from start-up businesses to Fortune 1000 organizations.”

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HelpSystems Acquires TeamQuest

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“Minneapolis, MN, December 16, 2016—HelpSystems announced today the acquisition of TeamQuest, whose IT infrastructure optimization products help organizations maximize the value of both present and future IT investments. The acquisition broadens HelpSystems’ hallmark IT operations management portfolio with solutions that fit regardless of operating system.”

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Perforce Hires New VP / General Counsel From Fredrikson & Byron

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screen-shot-2016-12-12-at-9-17-08-am“MINNEAPOLIS, Dec. 12, 2016 — Perforce Software, a leader in software change and application lifecycle management solutions, today announced the appointment of Sara Kilian as Vice President and General Counsel.  With more than 11 years of corporate legal experience, Kilian comes to Perforce from Fredrikson & Byron, P.A., where she was a partner, and represented private equity companies, closely-held companies, and family-owned companies in various stages of a company’s life cycle.”

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3M Sells Off 450 Person Biometric Tech Unit To Gemalto For $850m

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screen-shot-2016-12-08-at-5-06-32-pmVia News Release

“ST. PAUL, Minn.–(BUSINESS WIRE)–3M announced today that it has entered into agreements to sell the identity management business within its Traffic Safety and Security Division, to Gemalto, the world leader in digital security, for $850 million, subject to closing and other adjustments.”

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As Digi Draws Bids, CEO Seeks More Time To Work Strategy

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screen-shot-2016-12-04-at-3-59-04-pmBy Neal St. Anthony, Star Tribune

“Since he was hired two years ago, Digi International CEO Ron Konezny has received good marks for streamlining the company, jettisoning a business that didn’t fit, putting resources behind fast-growing products and widening the operating profit margin.

The stock price at the Minnetonka connected device maker rose from about $7 per share two years ago to more than $12 at times.”

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