Company and tech news from the region.
Tech companies anticipate ownership changes
As competition continues to increase and companies battle to win new customers, executives of technology companies are not ruling out a possible change of ownership in the next decade, reports a survey conducted by Chicago-based Grant Thornton LLP, the accounting, tax and business advisory firm.
According to the Grant Thornton Survey of U.S. Business Leaders, 42 percent of technology respondents expect a change in company ownership in the next 10 years, while only 30 percent of all companies nationally feel the same. Among those who expect this change, 39 percent believe a merger is most likely, while 30 percent anticipate a trade sale.
Additional findings from the survey include:
— Three-quarters (73 percent) report they are optimistic about the economy’s growth in the next six months.
— Almost all (95 percent) say they are optimistic about the growth of their own business.
Group Logic upgrades ExtremeZ-IP
Arlington, Va.-based Group Logic, which makes network workflow software products, released ExtremeZ-IP File Server 4.0, an upgrade of its Macintosh file connectivity software for Windows servers.
The company said the new version offers improvements in scalability, among other features.
Regal to move to Water’s Edge
The Water’s Edge Corporate Campus, a $100 million, 41-acre mixed-use campus in Belcamp in Harford County, signed technology firm Regal Decision Systems to a lease for 8,000 square feet of space.
Other tech firms, including SafeNet, G.W. Stephens, Survice Engineering, Applied Research Associates and Logistics Management Institute, have already moved to the campus.
Regal works with the General Services Administration.
Patriot Tech opens West Coast office
Frederick-based Patriot Technologies has opened a West Coast regional sales and support services office in Scotts Valley, Calif.
Patriot provides information-security services to the U.S. government and businesses around the world.
Survey: CIOs see security as job one
Technology executives now see enhancing network security as job one, a new survey shows.
Thirty-five percent of chief information officers (CIOs) polled by Menlo Park, Calif.-based Robert Half Technology said improvements to network security are their highest priority. Operating-system upgrades were the second-most frequent response, cited by 16 percent of executives.
The national poll includes responses from more than 1,400 CIOs from a stratified random sample of U.S. companies with 100 or more employees.
Among Beltway-area executives, OS upgrades were cited as the highest priority by 19 percent, followed by network security (17 percent) and database upgrades (16 percent).
Excedent now called Webmail.us Inc.
Blacksburg, Va.-based Excedent Technologies is changing its name to Webmail.us Inc. Already used by its retail subsidiary, the new name will be used by Excedent for all of its operations, including its private-label reseller division.
The company, along with its resellers, provides e-mail hosting solutions to small and geographically dispersed enterprises.
iDirect teams with California company
Reston, Va.-based iDirect Technologies, which makes bi-directional satellite-based broadband access products, announced an agreement with Pleasanton, Calif.-based Pronto Networks to incorporate the company’s Operations Support System into its product offering to deliver last-mile, wireless connectivity via satellite.
The agreement will make iDirect a preferred reseller of Pronto Networks’ solutions to the VSAT industry, and will allow new or existing iDirect customers to deploy and manage large-scale, public hotspot and hot zone networks.
ASG Security completes buys
Beltsville, Md.-based ASG Security recently completed four new acquisitions. The round of purchases includes a portfolio of accounts from two Houston, Texas-based alarm companies and a third in Dallas, Texas.
ASG also acquired ABC Security Corp., based in Annapolis, Md.
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