Technology & Telecom News
- Work to begin Tuesday on Inner Loop bridge
Construction is scheduled to start Tuesday on the $5.9 million project to rehabilitate the bridge that carries the Inner Loop over the Genesee River and Brown’s Raceway.
- Exelis shareholders approve merger with Harris
Exelis Inc. announced Friday its shareholders approved the merger agreement for the acquisition of Exelis by Harris Corp. during its special meeting of shareholders. The companies expect the merger to close May 29, subject to remaining closing conditions.
- UR researchers get grant to develop app for monitoring Ebola
Researchers from the University of Rochester have received a grant to develop an app to track the spread of Ebola and other infectious diseases, officials announced Friday.
- Monro posts record profit, misses expectations
Monro Muffler Brake Inc. on Thursday reported record fourth-quarter net income, but missed Street estimates.
- Former Veramark CEO Mazzullo takes helm at Ambrell
Scottsville-based Ameritherm Inc., which does business as Ambrell, has named Anthony Mazzullo as its next president and CEO, effective May 26.
- Golisano buys 50% stake in tablet maker
- Sunnking acquires Syracuse electronics recycler
Sunnking Inc. has acquired Syracuse-based Coast 2 Coast Electronics Recyclers Inc. Brockport’s Sunnking specializes in electronics recycling, data destruction and asset management.
- L-3 Global lands $81.8 million contract from Raytheon Australia
L-3 Global Communications Solutions Inc. in Victor has been awarded an $81.8 million contract from Raytheon Australia to supply the Australian Defence Force with satellite communications equipment, additional support equipment and training.
- IT Support Firms
- Key moves herald iCardiac ramp-up
- Drone technology is taking off, but so are its regulations
- Fast Start: Redesigning a career at MediSked
- VirtualScopics reports smaller loss, jump in revenues
VirtualScopics Inc. reported a small net loss along with increased revenues in the first quarter.
- Earthlink's Q1 loss, revenues better than expected
Atlanta-based Earthlink Holdings Corp.—which has some 500 employees here—reported a net loss of $10.5 million, or 10 cents a share, in the first quarter.
- MCC to offer degree with focus on telecommunications
Monroe Community College will offer a new Information and Network Technology A.A.S. degree program through its Information and Computer Technologies Department to help address the demand for skilled workers in telecommunications.
- HoloLens inventor to be inducted into Innovation Hall of Fame
A groundbreaking inventor for Microsoft Corp., and a graduate of the Rochester Institute of Technology, is being inducted Friday into RIT’s Innovation Hall of Fame.
- Fibertech acquired for $1.9B
- Future growth as company preserves past
- Q1 results show Xerox needs to foster growth