Author: WTN News

Citing increased membership, the Wisconsin Biotechnology and Medical Device Association, which represents the state's bioscience industry, has moved its headquarters to University Research Park in Madison. The organization's membership had grown from 46 companies in 2001 to 225 by the end of 2007. ...

BVP, a global private equity group affiliated with Robert W. Baird & Co., raised $300 million in Baird Capital Partners IV and €350 million with its affiliate, GB Deutschland Fund. The company deployed $240 million in 19 new or follow-on investments, and realized more than...

Sluggish economic conditions in the corporate and financial services sectors is the culprit for a first quarter loss of approximately $3.5 million, or $0.10 per share, for the Madison-based Sonic Foundry. The rich media communications company, which reported quarterly revenue of approximately $2.5 million, found...

Metavante Technologies, a developer of financial software that recently was spun out of M&I Corp., has reported net income of $49.5 million, or $0.41 per share, for 2007. The profitable performance comes on full-year revenue of just under $1.6 billion, which represents a six percent...

The Vernon Hills-based CDW Corp. has reported record 2007 sales, and its 2006 acquisition of Berbee Information networks is given much of the credit. Now known as CDW Berbee, the Madsion information technology company contributed to a 20 percent annual sales surge for CDW. ...

Will the new WiMAX signal truly revolutionize high-speed wireless Internet service in Madison and beyond? That's the claim of TDS Telecommunications Corp., which launched the service this week amid much fanfare and promise. At least one broadband champion thinks the speed of the service is...

Increased investment in technology and its own regional expansion are among the reasons Rockwell Automation reported a first quarter earnings increase of 19.6 percent. The company said its earnings came with a 16 percent increase in revenue. ...

The 2007 opening of Madison's first heart hospital, an all-digital hospital within Meriter Hospital, has given Meriter more than a new care unit. The new cardiac care hospital provided an opportunity for several information technology upgrades, with the possibility of more (including a Picture Archiving...

With talk of recession reverberating around the nation, Gov. Jim Doyle's sixth State of the State address focused on economic development. The governor repeated his calls for capital gains reform and other efforts to stimulate capital formation, and announced additional spending for alternative fuel development. ...