The giant cable provider said its new lease at its St. Paul office is effective through 2024, and the company is investing millions into refurbishing the space this month.
Technology
Japan-based technology company Ricoh announced Tuesday that it is buying a cloud and IT services business from Best Buy, which the Minnesota company bought for $167 million at the end of 2011.
Target recently announced plans to open new stores in Ohio, California, New Jersey, and Massachusetts; they will open shortly after Target closes locations in Illinois, Nevada, Georgia, Ohio, Tennessee, and Florida.
On the news of unexpectedly poor holiday sales, Best Buy’s stock fell nearly 30 percent Thursday and its CEO announced that the company would need to cut costs.
Grocery Shopping Network is becoming part of the “Shoptopia Network,” an online aggregator of products sold by a wide variety of retailers.
MAXIMUS, the lead vendor contracted to build Minnesota’s health insurance exchange, says MNsure officials took over its job in February, according to a report for the Legislature's oversight committee.
Acacia Research Corporation reached a settlement, the terms of which were not disclosed, after suing Enventis.
Call center rivals Stream Global Services and Convergys Corporation are expected to combine in the first quarter of 2014, which would create a company with about 125,000 employees at 135 different facilities.
Afinia is pushing back against 3D-printing giant Stratasys, which claims in a lawsuit that Afinia is infringing on four of Stratasys’ patents.
Graco, Inc., bought QED Environmental Systems and EcoQuip in December for an undisclosed sum.
Gregory Melsen, who has served as chief financial officer and as interim CEO, will leave Techne Corporation in early February to “pursue other opportunities.”
The financing efforts of Rochester firm LiquidCool are helping it gain the attention of data centers.
Target is trumpeting recent growth in its online sales, but it’s unclear exactly what impact those digital channels are having on the retailer’s bottom line.
3M released its 2014 earnings outlook and said it plans to spend between $5 billion and $10 billion on acquisitions over the next five years.
Datacard Group expects to close later this month on the acquisition of Entrust, whose software manages online security credentials.
Tom O’Neill has been promoted to president of local Web development firm The Nerdery; Mike Derheim retains the CEO title.
Skybridge Americas, which is based in the western suburbs and was previously part of Carlson Marketing, is adding jobs after landing new clients and extending a key contract.
St. Paul-based Merrill Corporation acquired Grossman & Cotter to expand its footprint throughout northern California.