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Technology

Wayside Technology Group to acquire Interwork Technologies

Eatontown-based Wayside Technology Group, Inc. on Wednesday said it agreed to acquire Interwork Technologies, a technology distribution company, which will be integrated into Wayside’s Lifeboat Distribution business. The transaction is expected to close during the second quarter of 2020, subject to customary closing conditions. Interwork is a Toronto based value-added specialty distributor focused on cybersecurity, ...

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Capco, Stevens Institute partner to advance digital transformation in financial services

Global management and technology consultancy Capco has entered into a three-year partnership to promote education and research to support the fast-changing technological requirements of the financial services industry with Hoboken-based Stevens Institute of Technology. Under the partnership, Capco will fund academic scholarships for Stevens’ students, help develop a certificate program in financial analytics, benefit from ...

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Video communication soars as businesses and service providers respond to COVID-19

Holmdel-based Vonage on Wednesday released “Video Communication Soars as Businesses and Service Providers Respond to Coronavirus” a report detailing rapid growth in video communications usage during the COVID-19 pandemic. The report provides unique insight into how organizations are leveraging programmable video solutions to stay connected even in a time of crisis, including a look at ...

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Edison Partners leads $10M growth investment in Bodhala

Princeton-based Edison Partners on Wednesday announced leading a $10 million investment in New York-based Bodhala, a data-intelligence and legal technology platform. The company says it will use the funds for product expansion and sales and market acceleration as it transforms and modernizes the purchasing of outside counsel services. Edison, a growth equity investment firm, has ...

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Cognizant hit by Maze ransomware attack

According to tech media website TechCrunch, this type of attack “not only spreads across a network, infecting and encrypting every computer in its path, it also exfiltrates the data to the attackers’ servers where it is held for ransom. If a ransom isn’t paid, the attackers publish the files online.”

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Modern laptop, computer and office supplies on wooden table, space for text. Designer's workplace

CLOSING ENTRY: Making better connections

Teamwork isn’t as easy as it used to be. Even before COVID-19 changed the way all of us work, more businesses were encouraging employees to work remotely, at least on a part-time basis. Dancker President and CEO Steven Lang on how to think about designing physical spaces for remote collaboration.

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