Post Type of: Article

Imation Acquires Encryptx Corporation

Oakdale-based Imation Corporation on Thursday announced that it has acquired Encryptx Corporation, a provider of encryption software that protects data in portable storage devices. Encryptx was previously owned by a

Jobless Rate Falls to 6.7%, Lowest Since Dec. 2008

Minnesota's unemployment rate fell to 6.7 percent in January-the lowest rate recorded since December 2008-according to figures released Wednesday by the Minnesota Department of Employment and Economic Development (DEED). The

Report: Hecker, Rowan Marry by Phone

Nearly four months after the government halted the impromptu wedding plans of fallen auto mogul Denny Hecker and his girlfriend Christi Rowan, the two have reportedly made their union official.

Supplements Maker Eniva Files for Chapter 11

Eniva USA, Inc., an Anoka-based supplements manufacturer, filed for Chapter 11 bankruptcy protection in U.S. District Court in Minnesota on Tuesday. The company indicated in its bankruptcy filing that it

Medtronic Backs Struggling Bio Company

Fridley-based Medtronic, Inc., is among several investors that have entered into definitive agreements with Tengion, Inc., to help the struggling startup raise $31.4 million. Under the agreements, Norristown, Pennsylvania-based Tengion

13 MN Malls Sold as Part of $9.4B Deal

Australia-based Centro Properties has sold its retail portfolio-which includes 600 malls, 13 of which are in Minnesota-to New York-based Blackstone Group, LP, for $9.4 billion, according to a report by

Chinese Firm to Acquire Cirrus Industries

Duluth-based aircraft manufacturer Cirrus Industries, Inc., announced Monday that is has entered into an agreement to be acquired by China Aviation Industry General Aircraft Company, Ltd. (CAIGA). Cirrus manufactures aircrafts