MHTA-Involta, LLC, an industry-leading managed IT, cloud computing and data center services company, announced it has secured $50 million of equity financing. The investment was led by M/C Partners of Boston and included Morgan Stanley Alternative Investment Partners. This new round of financing will enable strategic acquisitions, provide some shareholder liquidity, and support Involta’s rapid growth providing colocation and managed services throughout the country.
DataBank Announces New High Quality Data Center & ‘Carrier Hotel’ in Minneapolis
DataBank Holdings, Ltd., a leading super-regional provider of data center colocation and managed services with facilities in Dallas, Kansas City and Minneapolis, has today released plans for development of a new, state-of-the-art, multi-tenant colocation data center facility in Eagan, MN. This will offer the entire Twin Cities area a diverse entry-point for data and telecommunications providers to serve the entire metropolitan area. Design and construction plans on the facility are currently underway.
Medica partners with RedBrick Health
MHTA – RedBrick Health, a fast-growing leader in consumer health engagement and behavior change technology, and Medica have announced a new relationship that will give Medica commercial members access to the market-leading RedBrick consumer engagement and behavior change platform. Effective January 1, Medica members will have access to a new suite of highly interactive, personalized and engaging health and wellness resources.
MTS buys Roehrig Engineering
MHTA – MTS Systems Corporation, a global supplier of high-performance test systems and position sensors, has acquired 100% of the shares of Roehrig Engineering, Inc. (REI), the leader in testing systems utilizing electric and electromagnetic actuation technology, for approximately $15 million.
Excelling in the New Economy – ITIF’s 2014 State New Economy Index
The New Economy, marked by globalization, technological innovation and entrepreneurial development, has replaced the capital-intensive, traditional manufacturing environment that dominated state economies in the second half of the 20th century. As such, old methods of measuring economic success need to be replaced with new metrics that can better analyze how states are adjusting to and thriving in the New Economy.