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Technology News Archive Page 1

Lockheed buying helicopter maker Sikorsky for $7.1B; will be part of Mission Systems unit

By Eric Strauss
July 20, 2015 01:37 PM

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Equal billing: Law firms find eliminating the corner office — and old-style setups — helps them attract next generation

By DARIA MEOLIJuly 20, 2015 12:08 PM

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Several N.J. hospitals, health systems earn Most Wired honors for 2015

By Eric Strauss
July 15, 2015 11:50 AM

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Technology News

Big names welcome $50M Newark venture fund

By Joshua Burd
July 20, 2015 04:48 PM

Business leaders and public officials gathered Monday to launch Newark Venture Partners, a $50 million early-stage technology venture fund supported by some of the city's top corporate leaders. CONTINUE READING

Mikros Systems purchases software products, related assets from VSE Corp.

By Emily Bader
July 20, 2015 01:41 PM

Mikros Systems Corporation announced Monday that it has purchased software products, intellectual property and other assets from VSE Corporation. CONTINUE READING

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Lockheed buying helicopter maker Sikorsky for $7.1B; will be part of Mission Systems unit

By Eric Strauss
July 20, 2015 01:37 PM

Aerospace giant Lockheed Martin is buying Sikorsky Aircraft for about $7.1 billion and integrating the famed helicopter maker into its Mission Systems and Training business unit, it announced Monday. CONTINUE READING

Equal billing: Law firms find eliminating the corner office — and old-style setups — helps them attract next generation

By DARIA MEOLIJuly 20, 2015 12:08 PM

When Sandra Brown Sherman, Julian Wells, Anthony Sylvester and Andrew Stamelman left a well-established law firm to start their own just over a year ago, they knew they would be leaving many perks behind. One, they did willingly: The cushy corner office. The four partners at Florham Park-based Sherman Wells Sylvester & Stamelman now work in spaces the same size as the office occupied by the youngest attorney on staff. According to Sylvester, the layout makes a point, as it removes ego from the office selection process. Sherman Wells, he said, wanted to create a culture where the square footage of an office and the number of windows has no bearing on the value of that professional to the firm. “We want everyone to understand that we are all in this together,” he said. The idea is part of a growing trend in the profession that literally is getting a new look. In an industry where precedent is king and confidentiality is paramount, many firms are taking down the wood-paneled walls to create open, collaborative workspaces. Corner offices are being turned into conference rooms. Legal libraries are being consigned closets in order to make room for lounge areas. Sleek computers and ergonomically designed furniture are replacing commonly conjured images of mahogany desks littered with legal pads and accordion files stacked waist high. Today, law firms are looking more and more like Silicon Alley tech companies. For many firms, the open concept is more than a term to describe the floor plan. It’s a philosophy. At Hackensack-based Pashman Stein, an open-door policy actually means its attorneys have no doors on their offices. The partners believe this helps create a more collaborative environment. “Litigation has gotten bigger,” said Michael Stein, a founding partner of the firm. “With the electronic revolution, you can be inundated with millions of documents that can be produced relatively easily. The amount of information that is now exchanged during discovery can be overwhelming. CONTINUE READING

Konica Minolta acquires San Diego-based EMC provider

By Emily Bader
July 20, 2015 10:58 AM

Ramsey-based Konica Minolta Business Solutions U.S.A. Inc. announced Monday that it has acquired the assets of San Diego-based Hershey Technologies. CONTINUE READING

Vultr figured out how (and when) the game is played

By Andrew Sheldon
July 20, 2015 10:09 AM

To hear him tell it, it sounds as though David Aninowsky simply fell into his latest venture. And with 3,000 percent growth year over year for his cloud company, Vultr, that's not such a terrible happenstance. CONTINUE READING

Go with the flow

By Meg Fry
July 20, 2015 10:09 AM

Bill Kaufman kept a careful watch outside his industry as the construction market collapsed around him in 2008. CONTINUE READING

Honeywell earnings rise, topping estimates

By Eric Strauss
July 17, 2015 09:56 AM

Honeywell earnings rose 9 percent in the second quarter of 2015, beating analyst estimates despite slightly lower sales figures. CONTINUE READING

InterCloud awarded $2.3M worth of contracts for WiFi/DAS business

By Emily Bader
July 17, 2015 09:55 AM

InterCloud Systems Inc., a Shrewsbury-based IT and network solutions provider, announced Friday that it has been awarded $2.3 million in WiFi and DAS network projects from clients. CONTINUE READING

Certara appoints SVP of human resources

By Emily Bader
July 16, 2015 10:46 AM

Certara, a Princeton-based biosimulation technology drug development company, announced Thursday that it has appointed Tristen Herrstrom as senior vice president of human resources. CONTINUE READING

Vonage appoints chief product officer

By Emily Bader
July 16, 2015 10:36 AM

Vonage Holdings Corp., a Holmdel-based provider of cloud communications, announced Thursday it has appointed Omar Javaid as chief product officer. CONTINUE READING

Several N.J. hospitals, health systems earn Most Wired honors for 2015

By Eric Strauss
July 15, 2015 11:50 AM

Hospitals & Health Networks has come out with its 2015 Most Wired list, and a number of New Jersey hospitals and health care systems made the grade. CONTINUE READING

Traffic Plan appoints chief operating officer

By Emily Bader
July 15, 2015 10:25 AM

Farmingdale-based Traffic Plan, a traffic control service, announced Wednesday that it has appointed Jodi Jones as chief operating officer. CONTINUE READING

Solar technology company leaving Red Bank for New York state

By Eric Strauss
July 15, 2015 09:58 AM

Solar technology company Natcore Technology Inc. announced Tuesday that it is moving from Red Bank to Rochester, New York. CONTINUE READING

Haier America opens research, development center in Indiana

By Emily Bader
July 14, 2015 03:58 PM

Haier America, the U.S. subsidiary of global appliance brand Haier Group, announced Tuesday that it has opened a 30,000-square-foot research and development center in Evansville, Indiana. CONTINUE READING

Canadian firm buying Fairfield bill payment solutions company in $31M deal

By Eric Strauss
July 14, 2015 10:17 AM

A Canadian payment processor has agreed to acquire Fairfield-based bill payment solutions firm Softgate Systems Inc., the two companies announced Tuesday. CONTINUE READING

Hoboken investment management solutions firm reorganizing some operations, reducing staff

By Eric Strauss
July 13, 2015 10:59 AM

Hoboken-based investment management solutions company Liquid Holdings Group Inc. recently announced it is reorganizing its operations and support teams, including “employee and headcount reductions in the U.S., which have been implemented immediately.” CONTINUE READING

The music man: LaManna breaks into market with Vydia

By Andrew Sheldon
July 13, 2015 10:02 AM

For Roy LaManna, the “barrier to entry” isn't just an abstract concept, but something he has concrete experience with: When digital camera technology reached professional levels, LaManna took advantage of the lowered barrier to entry and started making music videos for independent artists. CONTINUE READING

Food for thought: How biotech Chromocell impacts the flavor of your meals

By Joshua Burd
July 13, 2015 10:02 AM

When Christian Kopfli helped start Chromocell Corp. in 2002, it was similar to many other biotech startups in the state: It was a small lab focusing on research. In this case, on the use of receptor cells in the human body for therapeutics and pain relief. CONTINUE READING

All about that space: TelTech Systems feels company culture starts with a modern office

By Andrew Sheldon
July 13, 2015 10:19 AM

The four executives of TelTech Systems traversed the open-floor-plan office, passing workers dressed in both business casual and simply casual attire, as they made their way to a small loft area in the corner of the space. CONTINUE READING

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