Wisconsin Technology News

SWIB publishes white paper on Wisconsin venture capital
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A low level of venture investment in Wisconsin firms creates opportunities for investors with local connections, says a new white paper released by the State of Wisconsin Investment Board (SWIB).

Inside the deal: $125 million Mirus acquisition a Wisconsin milestone
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Swiss pharmaceutical company Roche Holdings is continuing its Madison buying spree by acquiring Madison-based Mirus Bio for $125 million. In this update: Mirus' funding model -- no venture capital -- the significance to Wisconsin's biotech industry, and Roche's possible intention to become the biggest biotech in the world.

CDW: Cost is most common barrier to green IT
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A weighty majority of IT executives believe it's important to implement green IT initiatives in their companies, and in many firms the chief executive is the biggest proponent, says a new survey by CDW corporation.

Wisconsin's Q2 venture capital small share of $7.4 billion nationally
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U.S. venture investments held steady in the second quarter at $7.4 billion invested 990 deals, the MoneyTree report has shown. But Wisconsin's share of $33 million in three deals puts it well below average.

Inside Wisconsin: The Wisconsin Water Way: Building cooperation around a vital resource
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A generation ago, then-Gov. Lee Dreyfus predicted clean water would become a global commodity -- and even suggested Wisconsin could become the "blue-eyed Arabs" of the world's emerging scramble for fresh water. The potential for state economic growth is enormous.

Roche to buy Mirus for $125 million
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Breaking News -- Madison, Wis. -- Roche announced today that it is buying Mirus Bio Corporation for $125 million, one year after acquiring NimbleGen, also a Madison-based company.

Wisconsin firm is iPipeline's first acquisition after $18 million investment
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Breaking News -- Milwaukee, Wis. -- After a fortunate meeting at a trade conference and a successful four-year partnership, a Mequon firm, COSS, is merging with iPipeline, a software-as-a-service firm flush with $18 million from a recent series-A investment round.

Wisconsin healthcare VC grows, but is still dwarfed by neighbors
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Wisconsin healthcare firms gathered more venture capital in the first half of 2008 than the first half of last year, but Wisconsin still fared poorly compared to other Midwest states, the latest survey by BioEnterprise has shown.

Wisconsin economy at a scientific crossroads, Doyle says
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Menomonie, Wis.--Defending his focus on science to propel the state's economy, Governor Jim Doyle said Wisconsin is at crossroads not unlike the one that transformed the state into America's Dairyland 100 years ago.

GE Healthcare layoffs to affect 35-40 in Madison
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Madison, Wis. -- GE Healthcare, which has around 900 employees in Dane County and more than 6,000 in southeast Wisconsin, is laying off 35-40 Madison workers, unnamed sources told The Capital Times.