Company Roundup: WebMD, BIO-Key, ForeFront
WebMD, which is headquartered in New York but has operations in Elmwood Park, has been acquired by Internet Brands (El Segundo, Calif.) for $2.8 billion. According to Crunchbase Daily, the price represents a premium of about 20 percent over the share price of the company before the deal was announced.
Startups Display Posters at June NJEN Meeting
Startup founders at the New Jersey Entrepreneurial Network Gathering of Angels event this June had an opportunity to “speed date” with angels serving the New Jersey tech market. They also displayed posters about their startups to the angel community and others attending. The startup deemed best in show was able to pitch to the community during its luncheon meeting.
'Master Person Index' Hopes to Ensure All NJ Patients Correctly Identified
New Jersey will soon roll out a database designed to improve patient care, reduce medical errors, and ensure that healthcare records are accessible to providers across the state, regardless of where a person has sought treatment in the past. The New Jersey Innovation Institute is creating the state's so-called Master Person Index in an effort to…
Sparta Systems Acquired by PE Firm New Mountain Capital
Sparta Systems (Hamilton), which was owned by private equity investment firm Thoma Bravo (Chicago and San Francisco), has been acquired by New Mountain Capital (New York), another private equity investor. The financial details were not disclosed. Basically, this represents an infusion of cash for Sparta.
June AITP Meeting Puts IT and Tech Careers in Focus
Panelists at the fourth annual career event of the Association of Information Technology Professionals’ Garden State Chapter were asked to consider what job hunting and career paths look like in an age when companies are not loyal to their employees and change is constantly disrupting jobs.