Medtronic’s CardioInsight Electrode Vest Maps Heart’s Electrical System

Medical device developer Medtronic has commercialized a 252-electrode vest that can map the heart’s electrical system. The device could help doctors pinpoint the locations of electrical malfunctions in the heart that cause irregular heartbeats. Doctors began using the system commercially last week after the US Food and Drug Administration (FDA) in...

CoverMyMeds’ $1.1 billion Exit Is A Big Win For Ohio Third Frontier

The coming $1.1 billion acquisition of CoverMyMeds LLC – Ohio's first tech startup " unicorn" – is a huge win for the Ohio Third Frontier program. McKesson Corp., one of the three biggest U.S. health-care products distributors, announced Wednesday it would acquire the fast-growing Columbus software maker in a deal...

Orlando Chamber Seeks Advice From Cleveland’s JumpStart

The Orlando Regional Chamber of Commerce on Thursday hosted Ray Leach, founder of Cleveland-based JumpStart Inc., a consulting group that focuses on building startup communities. Leach spoke twice to chamber members Thursday, once at a lunch for board members and again at the annual meeting later in the day. The...

CoverMyMeds Signs Definitive Agreement to Be Acquired by McKesson

This release first appeared on the CoverMyMeds blog on January 25, 2017. Today we announced that CoverMyMeds has signed a definitive agreement to be acquired by McKesson Corporation, subject to customary closing conditions. Our plan with McKesson is one of the most important steps we’ve ever taken to maximize the...

McKesson to buy CoverMyMeds for $1.1 billion

CoverMyMeds has proven that you can start a tech company in Ohio and sell it for more than a billion dollars eight years later. McKesson has agreed to acquire the medical software company for $1.1 billion, plus another $300 million if the medical software company hits its financial targets. The...

You Don’t Have To Live In Silicon Valley To Succeed In Tech

Rodney Williams' Cincinnati, Ohio-based tech company LISNR has raised over $14 million and continues to thrive Rodney Williams is not what some would deem the stereotypical, Silicon Valley entrepreneur, and this has actually worked in his favor. He is a young, black male, from Baltimore, Maryland, who initially had dreams...

Segmint’s Use Of Big Data Adds Up To Large Growth

Big data is turning into a big business in downtown Akron, where the data-mining firm Segmint just moved into new offices in the city-owned Hamlin Building. The 9-year-old company, which moved Jan. 20-21 from One Cascade Plaza, provides data analytics, primarily to banks, savings and loans, and credit unions. CEO...

Banyan Technology Announces Update To Brand Identity

Northeast Ohio-based Banyan Technology, the transportation and logistics industry leader in live carrier connectivity, has completed a brand review and update. Today the company unveiled its new website, www.banyantechnology.com, along with a suite of videos and literature to support the evolution of its brand. “The updated brand has been developed...