Target Acquires Shipt For $550 Million

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By Jason Del Rey, Recode

“Another domino just fell in the wake of the Amazon – Whole Foods acquisition.  Target announced on Wednesday morning that it plans to make one of its biggest acquisitions in recent history by purchasing Shipt, a startup that delivers groceries on the same day customers place an order, for $550 million in cash.”

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Minnesota Based 3M Will Sell Fiber Optics Business Unit In $900m Cash Deal

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Via Reuters

“(Reuters) – Gorilla Glass maker Corning Inc (GLW.N) said on Monday it would buy substantially all of 3M Co’s (MMM.N) communication markets business for about $900 million in cash.

3M’s unit provides optical fiber and copper passive connectivity solutions for the telecommunications industry and has annual global sales of about $400 million. The deal is part of New-York-based Corning’s plan to invest$1 billion-$3 billion in acquisitions, Corning said.”

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~200 Person Mpls. HealthTech Firm VitalHealth Software Sold To Philips

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Via News Release

“Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has acquired VitalHealth, a leading provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Headquartered in the Netherlands, VitalHealth’s products and services are being used by more than 100 healthcare networks in various countries including the US, India, China, Sweden, Germany, Belgium and the Netherlands. The company was founded in 2006 by Mayo Clinic (US) and Noaber Foundation (the Netherlands) and employs approximately 200 employees. Financial details of the transaction were not disclosed.”

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Burnsville’s Jobview Sells ‘ATM For Jobs’ Tech To Securus

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Via News Release

Image: Jobview logo“DALLAS–(BUSINESS WIRE) — Securus Technologies, a leading provider of civil and criminal justice technology solutions for public safety, investigation, corrections and monitoring, announced today that it has acquired Jobview, a Burnsville, Minnesota-based company with a leadership position in designing, implementing, and maintaining interactive touch screen employment kiosks that help inmates find jobs post release.”

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Minnesota’s Entrust Datacard Acquires European Security Firm

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Via News Release

“MINNEAPOLIS–(BUSINESS WIRE)– Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, today announced that it has acquired Trustis Limited, a specialized managed service provider of public key infrastructure (PKI) and crypto management solutions based in Thatcham, United Kingdom (UK).”

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Marco Buys IT Services Firm BusinessWare Solutions

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Via St. Cloud Times

“Local technology services producer Marco announced Friday that it has purchased BusinessWare Solutions, an IT services and managed print company headquartered in Hutchinson.

BusinessWare Solutions has been in business for 23 years, and has locations in Owatonna, Willmar and Chanhassen.”

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Post PeopleNet Purchase, Trimble’s Local Office Tops 500 Employees

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By Neal St. Anthony, Star Tribune

The PeopleNet acquisition of 2011 has worked out for California-based Trimble Transportation, the big trucking-logistics-mobile solutions operation.

In a tip of the hat to the strong-performing PeopleNet business, Trimble held its annual meeting last week in Minnetonka. And it is home base for a growing PeopleNet.

Since 2011, PeopleNet has grown from 132 employees to nearly 800, as part of Trimble’s Mobile Solutions business segment. That includes 500 Minnesota employees.”

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SportsEngine Acquires BracketPal

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Via News Release

SportsEngine, a division of NBC Sports Group, today announced that it has acquired BracketPal, the leading beach volleyball league and tournament management software company. The BracketPal team joins forces with Advanced Event Systems (AES), which was acquired by SportsEngine in 2015, to further add to SportsEngine’s comprehensive suite of volleyball technology.”

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