Tech firm ORBCOMM acquires Irish transportation management business

ORBCOMM Inc. has acquired Ireland-based Blue Tree Systems Ltd. Based in Rochelle Park, ORBCOMM provides machine-to-machine, or M2M, and Internet of Things, or IoT, solutions. It will take over Blue Tree’s Galway, Ireland, business, along...

Company behind A.C. turbines makes complete shift to green energy

The company that put wind turbines off the Atlantic City coastline is going green — and changing its name. DONG Energy will now be Ørsted, paying homage to Danish scientist Hans Christian Ørsted, whose discovery...

PSEG Solar Source invests $20M-$25M in deal for L.I. facility

PSEG Solar Source has acquired a 10.6 MWs-dc facility located in West Babylon, Long Island. The Newark-based subsidiary of PSEG Power takes over the facility from Solar Liberty Energy Systems Inc., at an investment of...

At NJBIA event, Army officer talks about challenges to military innovation

The U.S. military is coming to grips with the fact that it is no longer the world leader in that space. “Assumptions of the past that the United States Army, and our armed forces, will...

Developer breaks ground on Woodbridge logistics center

Construction has begun on a Transport Commerce Center that the Woodbridge mayor says will help keep the township the center of commercial development in central New Jersey. Principal Real Estate Investors broke ground Wednesday on...

Bridgewater company’s parent pays $42M for light-source business

The owner of Bridgewater’s Photonics Management Corp. announced plans to buy a developer of advanced light sources. Japan’s Hamamatsu Photonics K.K. — whose U.S. headquarters is in Bridgewater — said the consideration for the deal...

ADT buys 25-year-old Branchburg security company

Security giant ADT has bought a Branchburg-based commercial security integrator. The sale of MSE Corporate Security was finalized Wednesday. The cost was not released. “This important acquisition enhances expansion of our integrated solutions division across the...

Ferries to connect Jersey City’s Harborside with New York in October

Jersey City will soon have the most extensive ferry service of any town in the state. A ferry from the Harborside waterfront location will have commuter service to two New York locations beginning Oct. 2,...

Firms want to work with minority businesses, but finding best isn’t easy

Working with minority-owned suppliers and vendors is a focus for many large companies in the state, but there sometimes aren’t enough qualified small businesses to partner with. At the African American Chamber of Commerce of...

Ohio company buys Newark chemicals and ingredients firm

A Newark-based specialty chemicals and ingredients distributor has been acquired by an Ohio-based company in the same field, according to a recent news release. Avon, Ohio-based Maroon Group LLC, which is comprised of several regional...

Latest Articles

University Hospital awarded $182K to help enroll residents in ACA programs

University Hospital has been awarded $182,203 in state grant funding to help enroll under- and uninsured New Jersey residents in Affordable Care Act health...

1 year later, Choose says mission trip to India proving to be success

It may seem like a lifetime ago due to the COVID-19 pandemic, but Gov. Phil Murphy’s trade mission trip to India with Choose New...

Vauxhall BBQ guru named SBA’s N.J. Small Business Person of the Year

The owner of a Vauxhall barbecue restaurant is the U.S. Small Business Administration’s New Jersey Small Business Person of the Year for 2020, the...

How 2020 is this? Quest piloting drone delivery of COVID-19 tests

How’s this for the ultimate in touchless service? Secaucus-based Quest Diagnostics announced Tuesday it is teaming up with Walmart and DroneUp on a pilot program...

Investment firm hires CEO for health care portfolio company

Ignite Venture Studio, a Princeton-based investment company focused on the digital health and beauty sectors, has hired a CEO for a new portfolio company...