06 Dec Tech Digest: Norlight, Criticare, ATC, Rockwell
Norlight buys Michigan networking firm
Brookfield, Wis. — Norlight Telecommunications announced on Friday that it has acquired the customer base and business assets of the Michigan-based Netcom Group for $1.5 million. The deal was made to give Norlight’s product range, including hosted IP telephony services and security solutions, added reach into the Grand Rapids and Lansing regions.
Criticare purchasing orders for cardiac system total $1.4 million
Milwaukee — The medical hardware firm Criticare Systems announced on Thursday that it has received $1.4 million in initial purchasing orders for its cardiac monitoring system, to be released this fiscal year. Criticare recently received FDA approval to distribute the system and has a multi-year OEM development agreement in the market.
ATC first utility to apply for Green Tier program
Madison, Wis. — The American Transmission Company said on Thursday that it will apply to Wisconsin’s Green Tier system, a program that encourages protection and development of environmental resources. If accepted, ATC, which owns transmission lines in Wisconsin, Illinois and Michigan, will establish an environmental stewardship fund.
Rockwell appoints Nosbusch to chairman of the board
Milwaukee — Rockwell Automation has elected CEO Keith Nosbusch to be chairman of the board. Nosbusch, who was appointed president and CEO last February, will be replacing Don Davis, who plans to retire after 6 years as chairman and 42 years with Rockwell.