Biz Briefs

SWK Technologies, a wholly owned subsidiary of Trey Resources in Livingston, has signed a letter of intent to acquire certain assets of DM Systems in Syracuse, N.Y., for an undisclosed amount. The agreement would involve DM Systems’ Sage Software business.

Jeffrey D. Roth, SWK’s CEO, said, "This transaction gives us critical mass,...

Global Consultants has appointed ex-Unisys executive Dominick Cavuoto as CEO to replace founder Hiten Patel, who will stay on as chairman.Cavuoto is the former president of global financial services at Unisys, a Blue Bell, Pa.-based tech

Little Falls’ mPhase Technologies today said it has extended its cooperative research agreement with Rutgers University for the development of lithium-based “micro batteries.”

Micro batteries are

Mikron Infrared in Oakland, a provider of temperature measurement products based on infrared technology, signed a definitive agreement to be acquired by LumaSense Technologies in

Two counties consider a 50-square-mile wireless hot zone for residents

CommVault today said it has signed a distribution agreement with Horizon UK to provide system integrators, resellers and mutual customers in the United Kingdom

New processes can monitor vital signs and pull oil from sand and shale

NJ Transit Executive Director George D. Warrington today proposed a 10 percent bus and train fare hike, two weeks after announcing he would step down as head of the transit agency. Warrington told NJ Transit board members that expenses would exceed revenues next year by $60 million. "Despite our actions to contain costs, basic inflation alone...

Biz Briefs

BIO-key International has made a formal tender offer to acquire all of the issued and outstanding common shares of ComnetiX, a provider of biometric identification technologies for $1.29 per share. BIO-key, based in Wall, develops

Gigante Supermarket chain, one of Mexico's largest supermarket operators, has selected KSS PriceStrat for price and promotion optimization. KSS, whose U.S. headquarters are in Florham Park, is a provider of pricing and revenue