Company and tech news from the region.
Andrew Corp. buys cable maker assets
Orland Park-based Andrew Corp., a maker of global communications systems equipment, acquired selected assets of Yantai Fine Cable Co., a manufacturer of products for telecommunications and broadband cable TV infrastructure providers. The assets have become part of a new subsidiary, Andrew Broadband Telecommunication (Yantai) Co. Ltd. that will occupy the former Yantai Fine Cable manufacturing premises in Yantai, in China’s Shandong province.
Over 300 former Yantai Fine Cable Co. employees became Andrew employees. Financial details of the transaction are not disclosed.
Interface Software lauded
Oak Brook-based Interface Software given one of the first-ever recipients of the Right Award for workplace excellence. Sponsored by the Chicagoland Chamber of Commerce and Right Management Consultants, the award recognizes organizations that demonstrate a connection between innovative people practices and business success. Interface Software also said The Revere Group joined its partner program. The Revere Group will provide consulting and business analysis services to InterAction customers in the United States.
Interface Software is a provider of CRM solutions.
Vasco signs distribution deals
Oakbrook Terrace-based Vasco, a maker of enterprise-wide security products, is partnering with distributors in the United States and major European markets as the UK, Germany, France, Spain, Italy, and Ireland. Vasco’s distributors will sell Digipass Pack to resellers. Digipass Pack is a bundling of Vasco’s Digipass and VACMAN Middleware. Digipass Pack is only sold indirectly, via distributors and resellers/integrators.
Web service to speed approval of minority firms
The city of Chicago debuted a Web-based system that will allow businesses to apply for minority- and female-owned certification online. The new system will flag problems and allow applicants to check online to see what stage their applications have reached. The certification process has drawn criticism for being slow. The new system also will enable prospective vendors to submit bids online.
Krauss joins Hostway
Michael C. Krauss, vice chairman of Mayor Daley’s Council of Technology Advisors, joined Web-hosting firm Hostway Corp. as senior vice president of sales, marketing and planning. Krauss joined Hostway from Chicago-based consulting firm Diamond Cluster International, where he was partner and chief marketing officer. In his new position, Krauss will lead Hostway’s sales, marketing and planning strategies, including product development and branding.
Baker leaving tech Coalition
Lynne Baker, 41, attorney and director of partner development for the Illinois Coalition, will leave her post to join Schwartz, Cooper, Greenberger & Krauss.
During her nine-month tenure at the Coalition, Baker spearheaded TechBase, an online aggregation of technology resources that launched last week in partnership with the Chicagoland Chamber of Commerce Entrepreneurial Center.
John Maxson, president of the Coalition, said it wasn’t determined yet whether Baker’s position will be filled or broadened to encompass other responsibilities.
Online homework program praised
Some students in Indian Prairie School District 204 have shown considerable interest in a computer-based homework program. During the 2002-03 school year, 4,190 students used the program, which is called Blackboard. The students can use a home or school computer to go to the district Web site to connect to the program, sold by Blackboard Inc. During the last school year, there were 1.1 million hits to that part of the district’s Web site, up from 642,368 in 2001-02.
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