Wireless communications firm xG Technology Inc. acquired Mt. Olive, N.J.-based Integrated Microwave Technologies for $3 million. IMT’s primary market focus is broadcast with television networks and NFL, MLB and NHL sports teams, in addition to military, aerospace and government. It had $7.2 million in revenues last year, according to a…
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To say it has been a very good year for philanthropic giving to certain Florida universities would be an understatement. The $100 million gift to Florida State University, announced earlier this month from Jan Moran and The Jim Moran Foundation, topped all donations to any Florida university — in fact, to…
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A $50,000 investment by JPMorgan Chase & Co. in a Tampa Bay nonprofit could give local technology companies a stronger field of job candidates in the future. JPMorgan Chase (NYSE: JPM) is funding efforts by Tampa Bay Technology Forum to plug the local workforce skills gap, or a mismatch between growing…
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Is Tampa Bay doing a good job of supporting entrepreneurship and innovative business start-ups? A new effort may shed some critical light on how the regional "entrepreneurial ecosystem" works and whether there are some key gaps that need attention.
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The National Science Foundation has awarded a $3 million grant to the University of South Florida to continue its work improving student success in majors related to science, technology, engineering and math, or STEM.
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The Tampa company that provides the technology for online auctions by Christie’s and other firms has a new majority owner. Ritchie Bros. Auctioneers Inc. (NYSE: RBA) bought a 75 percent stake in Xcira LLC, a Tampa-based leader in simulcast auction technology. Ritchie Bros. paid $12.4 million in cash and will…
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Virtual reality on the Gulf Coast recently received a real-life million-dollar boost. It comes from Marxent Labs, which raised $1.2 million in venture capital funding in the third quarter. St. Petersburg-based Marxent specializes in augmented and virtual reality. Augmented reality is the ability to project digital content into a physical…
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Hillsborough County's board has tentatively approved a $400,000 loan for the Museum of Science and Industry, or MOSI, in Tampa, pending certain conditions the museum must meet.
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