TECHdotMN» Sourced

Digital River Acquires Journey Education Marketing

sourced — Tue, 07 Sep 2010 19:39:00 +0000

“Digital River announced that it has acquired Journey Education Marketing, Inc., (JourneyEd) a leading reseller of software and hard goods for students, faculty, educational institutions and public school districts in the U.S. K-12 and post-secondary academic markets.

Journey Education Marketing owns, markets and operates two of the leading brands in the education market, JourneyEd and Academic Superstore. Digital River acquired JourneyEd through an all cash transaction and expects the acquisition to be accretive to earnings in 2011. Other financial terms related to the transaction were not disclosed.”

GiveMN.org announces 2010 Give to the Max Day: Nov 16

sourced — Thu, 02 Sep 2010 06:55:28 +0000

Via Newsletter

“On Nov. 16, 2010, with your help, we intend to do just that. Last year, we set the single-day record for online philanthropic giving. Give to the Max Day 2009 saw more than 38,000 donors log on to GiveMN to give $14 million to 3,434 Minnesota nonprofits, whose missions range from feeding the hungry, to protecting the environment, to promoting the arts. This year’s goal is even more ambitious. We’re asking you to help us engage more than 40,000 donors to give to their favorite Minnesota charities in just 24 hours!”

Target to offer Facebook Credits gift cards

sourced — Thu, 02 Sep 2010 04:13:55 +0000

Via Businessweek

“Target customers will soon be able to buy gift cards that will allow them to purchase applications and other enhancements for social games played on the popular networking Web site Facebook.

The retailer, which will start selling the Facebook Credits gift cards on Sunday, will be the first brick-and-mortar store to offer the cards.”

Workface acquires Card.ly

sourced — Wed, 01 Sep 2010 13:50:27 +0000

By Robin Wauters, TechCrunch

“Card.ly, a Web service that allows anyone to create sweet-looking online business cards (see my personal site robinwauters.com for an example) has been acquired by Workface, the company behind digital business card creation tool BusinessCard2. Terms of the acquisition were not disclosed.”

Read the News Release…

3M Captures Attenti For $230 Million

sourced — Wed, 01 Sep 2010 06:16:16 +0000

By Alexia Tsotsis, TechCrunch

“Tel Aviv-based Attenti announced today its acquisition by 3M, most notably the makers of Post-Its, to the tune of $230 million in cash. Formerly Dmatek, Attenti is the world’s leading supplier of remote people-tracking technologies such as ankle bracelets, voice recognition devices and alcohol monitoring technologies.

The purchase, which will benefit 3M by providing the company with GPS and radio frequency technology, is the second in a line of security-related acquisitions this week; 3M bought fingerprint ID company Cogent Systems Inc. yesterday for $943 million.”

Minneapolis may get new wireless broadband player

sourced — Wed, 01 Sep 2010 06:10:05 +0000

By Katharine Grayson, Minneapolis-St.Paul Business Journal

“LightSquared, a high-speed wireless broadband startup backed by hedge fund Harbinger Capital, expects to expand its network into Minneapolis next year.

The company announced in July that it would debut its 4G wireless system in Baltimore, Denver, Phoenix and Las Vegas beginning next year. Bloomberg reported Tuesday that the company also plans to enter the Chicago and Minneapolis markets in 2011.”

Compellent stock surges on 3Par bidding war

sourced — Mon, 30 Aug 2010 05:18:42 +0000

By Katharine Grayson, Minneapolis-St.Paul Business Journal

“Compellent Technologies Inc.’s stock was up more than 14 percent in afternoon trading Friday, a surge sparked by a bidding war over one of the company’s competitors, 3Par Inc.

A Startup on FiRe – Audiofile Engineering

sourced — Mon, 30 Aug 2010 05:12:03 +0000

Via Minnov8

“Our Startup Spotlight guest this week is Matthew Foust from Audiofile Engineering in Minneapolis.

Matt and Evan Olcott (his co-founder) established Integral Studio in 2000 and Audiofile Engineering in 2004 to concentrate on Mac-based audio tools for the audio industry as well as awesome iPhone/iPad/iPod-Touch tools like FiRe (Field Recorder).”

Star Tribune adds Groupon-like deals through new “STeal” site

sourced — Thu, 26 Aug 2010 08:06:19 +0000

By Dave Brauer, MinnPost

“The Star Tribune is now aping Groupon — the online “deal a day” that delivers advertisers flash mobs of discount-seeking customers.

On Thursday, startribune.com unveiled its first STeal. Executive Director of digital Jason Erdahl isn’t coy about how much cash the online coupons should generate: $40,000 to $50,000 a month, or around half a million dollars a year.”

Five perspectives on Senator Klobuchar’s Broadband Summit

sourced — Thu, 26 Aug 2010 07:48:29 +0000

By Ann Treacy, Blandin on Broadband

“Senator Klobuchar’s Broadband Summit was a far cry from the Public FCC Hearing last week. There were a lot more suits today, although about 250 people as opposed to 700 last week. There were a number of the same people – but certainly not a complete overlap by any means. I recognized more faces today, which means these were people who have been involved with and/or have been following broadband for a while.”