Angel investors took advantage of Connecticut's revised tax credit aimed at boosting investment in startup technology ventures to the tune of $8.6 million in the first half of this year, authorities say.
Fairfield household-, school- and office-cutting/measuring tools maker Acme United Corp. purchased assets of Bloomfield's C-Thru Ruler Co. for about $1.5 million to expand its line of drawing and drafting wares.
Britain's Rolls-Royce said it would buy out partner Goodrich Corp., which is being bought by Hartford's United Technologies Corp., in its engine controls joint venture, gaining full ownership of its fuel pumps and metering units business, Reuters reports.
West Hartford's St. Joseph College is now a “university,'' with its doctoral pharmacy and autism and behavior studies added to its list of post-graduate offerings.
Ohio State University announced plans Friday to lease school parking operations for $483 million to a Hartford's LAZ Parking-Australian firm partnership over a 50-year contract the university says will raise billions in investment earnings to support its academic programs, The Associated Press reports.
Bristol sports programmer ESPN is selling its half stake in an Asian sports network to partner billionaire media mogul Rupert Murdoch's News Corp., ending their 16-year joint venture.
Pratt & Whitney Canada – a unit of the East Hartford jet-engine builder -- is selling its maintenance, repair and overhaul facility in Australia for PT6A turboprop engines to Vector Aerospace Corp., Upi.com reports.