Category: Technology

NCCo agrees to take stock for $3M DBOT loan

WILMINGTON – New Castle County is preparing this month to swap its collateral in a $3 million loan made to the Delaware Board of Trade for stock in Ideanomics, a company that acquired the startup “penny-stock” market earlier this year. The New Castle County Council voted 11-1 on Tuesday, Nov. 12, to support the plan…

Buying cyber insurance? Know your liabilities

Data breaches and other cybercrimes are becoming a lot more common in today’s ever-growing digital world. If your small business falls victim to a data breach, it typically results in major fines and legal fees, not to mention unexpected expenses and down time that will occur when trying to recover. Many small businesses that encounter…

DuPont wins ‘Oscars of Innovation’ for pair of recent product rollouts

WILMINGTON – Two of DuPont’s recent products were named amongst the 100 best new scientific advancements and innovations of the past year, earning so-called “Oscars of Innovation.” The Wilmington-based specialty products company was named to the prestigious R&D 100 Awards list, sponsored by R&D World magazine for the past 56 years. “Congratulations to the DuPont…

SevOne, a Boston-based software company with a technology hub in Newark, has been acquired by Turbonomic, a cloud management firm also based in Boston. The deal closed Monday, November 4. The two companies plan to combine their respective IP and customer bases to improve their suite of software services, which now cover the gamut of…

WILMINGTON – Prelude Therapeutics announced Monday, Oct. 28, that it will expand in Delaware, adding up to 49 biotech positions by 2022 and investing $5 million in expanded lab and office space in the Wilmington area. Prelude, a privately held, clinical-stage biopharmaceutical company, conducts research focused on key drivers of cancer cell growth, survival, and…

How did NERDiT NOW do in the Shark Tank?

Markevis Gideon swam with the Sharks Sunday night, but left with only the dream of proving them wrong. Gideon and NERDiT NOW partners Jake Voorhees and Jonathan Hoxter launched into a high-energy, fast-talking explanation of their concept. They want to set up kiosks at workplaces where people would drop off their broken or damaged cellphones…

W.L. Gore marks half century of groundbreaking material 

NEWARK — Every home in America likely has some form of the landmark expanded polytetrafluoroethylene, better known by its initials ePTFE, produced by W.L. Gore & Associates in it, but the multiuse material was born out of a fluke 50 years ago this month.  It was on Oct. 28, 1969, that Bob Gore, son of…

In My Own Words: Rising from the ashes

A Middletown marketing agency was left in ruins by a cyber-attack that left more questions than answers Travis Rothstein’s Middletown-based ConnecTheDot marketing agency was cyber-attacked last fall. Before the attack, the company had $10 million in annual billings, 120 relationship-based clients (and thousands more online), and 23 employees across the country. Rothstein ran a company with…

The Better Business Bureau (BBB) Serving Delaware has helped shut down two websites with Wilmington addresses that were illegally selling prescription drugs and controlled substances. The websites, Drug Mart Pharmacy and Bluerays Pharmacy, had not obtained a necessary license from Delaware Division of Professional Regulation. In addition. the sites sold illegal drugs such as ecstasy…