Thank You Sponsor: Franklin Partners

sourced

Categories

It is important we recognize those who sponsor TECHdotMN because their financial reinvestment advances Minnesota’s technology industry.

Thank you Franklin Partners for reinvesting!

When and why did Franklin Partners begin?

We were founded in 1994 to provide sell-side merger and acquisition services to owners of companies. Over time, we have grown with partners who have considerable investment banking experience working in firms such as Piper Jaffray, Smith Barney, and Wessels, Arnold & Henderson.

How do you work with technology companies?

Read More »

Q&A With Doug Berg On The MyAlerts Sale To Think3

sourced

Categories

Repeat Minneota Tech entrepreneur Doug Berg has done it again — this time with the start, scale, and sale of MyAlerts to Think3, announced yesterday.

We reached out to hear more about the deal from the source:

Why the decision to sell?

It was a long time coming…we’ve been at it for nearly six years here, I mean not that it was forever, but we’ve been in perpetual fundraising and business building mode for some time…

Read More »

Doug Berg’s VC-Backed MyAlerts Purchased By Austin Firm Think3

sourced

Categories

Via News Release

“AUSTIN, Texas, June 20, 2018 /PRNewswire/ — Think3, has acquired MyAlerts Inc., an e-commerce marketing platform used by top retail and consumer sites to capture purchase intent, driving consumers back to sites at a rate of 5-10 times and converting browsers into buyers.”

Read More »

10 Questions With Flipgrid CEO Jim Leslie On The Microsoft Acquisition

sourced

Categories

Microsoft’s education division announced yesterday the acquisition of Minneapolis’ own edutech startup Flipgrid.

Charles Miller created Flipgrid with the help of Bradford Hosack inside the University of Minnesota’s Learning Technologies Media Lab in 2012.

In 2015, Miller united with CEO Jim Leslie and director Phil Soran to spin Flipgrid out of the University (originally called Vidku).  Together, they achieved an unusually large and fast fundraise to the tune of “$17 million in 17 days,” as the story goes.

After some time in market, Flipgrid made a deliberate decision that would yield the type of traction necessary to reach meaningful scale: pulling out of the enterprise video market and returning to its classroom collaboration roots.

In the 12-24 months that followed, the fledgling venture matured from some 30k users to 20 million Pre-K – PhD educators, students and families spanning 180 countries around the world.  We asked Leslie 10 relevant questions regarding the Microsoft milestone:

Read More »

St. Cloud-Based Marco Buys Another Tech Company

sourced

Categories

Via News Release

Marco, a leading technology services provider in the United States, announced today that it has purchased Prime Office Innovations, a copier/printer company located in Macomb, MI. Prime’s employees have joined Marco’s team and will be serving clients from its current location. Prime Office Innovations has been providing its clients with copier/printer solutions since 2002.”

Read More »

TT Electronics Buys 160 Person Brooklyn Center Tech Firm Precision

sourced

Categories

Via IEN

TT Electronics has acquired Precision, a designer and manufacturer of precision electromagnetic product solutions for critical applications. Based in Minneapolis, MN, Precision has around 160 employees that support customers in medical, industrial, and aerospace and defense markets.”

Read More…

[UPDATED] RedBrick Health Bought Up By Marlin, Merges With Virgin Pulse & Moves HQ To Rhode Island

Categories

Updated 5/21/2018 130 CDT: Marlin also acquired Virgin Pulse and is merging the two entities with a combined HQ to be based in Rhode Island while maintaining a Minneapolis office.

Original 5/8: Redbrick Health, a local tech darling that failed to live up to IPO aspirations, has been sold to Marlin Equity Partners from Hermosa Beach, CA.

Read More »

Post Navigation