Skip to main content

Bloomington-based software firm sold

New Jersey-based Verisk Analytics has agreed to acquire Aspect Loss Prevention for $8 million. The Twin Cities-based software company helps companies prevent employee theft.
  • Author:
  • Updated:
    Original:

New Jersey-based Verisk Analytics has agreed to acquire Aspect Loss Prevention for $8 million. The Twin Cities-based software company helps companies prevent employee theft.

Next Up

Screen Shot 2022-08-17 at 8.31.42 PM

Flash flooding as torrential rain hammers Cambridge

Flooding and damage from a non-severe storm Wednesday evening.

Screen Shot 2022-08-17 at 4.02.18 PM

Minneapolis nonprofit celebrates anonymous donor's $1.5M gift

Appetite For Change is building sustainable, local food systems in North Minneapolis.

police lights

On the lam since 2007, suspect in MN murder case arrested in Florida

The suspect is one of three men connected to a fatal drive-by shooting on St. Paul's West Side.

Deer on road

Motorcyclist in collision with deer dies from injuries

The 55-year-old from Princeton died at a hospital a day after the crash.

U9GqW_wM

Burnsville approves measure that will make its landfill much taller

The expansion will increase the landfill's allowable height by an additional 268 feet.

michael carbo

Northern MN man found guilty in 1980s cold case murder

Nancy Daugherty was found dead in the afternoon hours of July 16, 1986.

Red Ox Cafe

Breakfast spot in Ham Lake closes after decades in business

The business posted an announcement on its front door.

Screen Shot 2022-08-17 at 1.43.04 PM

St. Paul man killed partner, himself while their 5 kids were home

St. Paul confirmed the double shooting on Tuesday evening was murder-suicide.

Kids competing in USA Mullet Championships

Minnesota, Wisconsin kids competing in USA Mullet Championships

The contest is divided into kids and teens divisions.

ATV

One killed after being trapped under UTV near Alexandria

The Douglas County Sheriff's Office says the victim died at the scene.

image

What's in the Inflation Reduction Act signed by President Biden?

How the nation's biggest climate law will reduce emissions.

Patrick Henry High School

Patrick Henry High School in Minneapolis will get new name

A school board meeting was held this week, discussing what's next going forward.

Related

Trucking software firm XRS names new chief financial officer

Mike Weber, vice president of finance at XRS Corp., is being promoted to new chief financial officer, according to the company's news release. He is replacing Scott Christian who left the Eden Prairie-based software company in June. Weber has worked at XRS since 2007.

Bloomington-based Advanced BioEnergy to sell Nebraska ethanol plant

Advanced BioEnergy, based in Bloomington, Minn., says it plans to sell its largest ethanol plant in southeast Nebraska to Flint Hills Resources, the Pioneer Press reports. The Kansas-based refiner has agreed to pay more than $170 million. Advanced BioEnergy CEO Rich Peterson told the newspaper he believes it is the highest sale price for a U.S. ethanol plant in four years.

New Brighton-based Medtox sold to competitor in North Carolina

Laboratory Corporation of America has agreed to acquire Medtox Scientific, Inc. for $241 million. The deal is expected to close in the third quarter and still must be approved by shareholders. Medtox distributes illegal-substance tests to hospitals, companies and treatment centers.

Honeywell to acquire Swiss-based energy controls firm for $130M

New Jersey-based Honeywell International Inc. has reached a deal to buy Saia Burgess Controls for $130 million, the Star Tribune reports. The Swiss-based company makes programmable heating and cooling controls for commercial buildings. It will become part of Honeywell’s Environmental and Combustion Controls business, which is based in Golden Valley.

Hitachi partnering with Microsoft on new Fargo software business

Microsoft's 1,700-employee campus in Fargo helped draw Tokyo-based Hitachi to the city. The company plans to start small, with just twenty employees but hopes to add hundreds more.

Nerd alert: IT firm looking to hire 100 in 100 days

The Nerdery, a Bloomington-based IT firm, is looking to hire 100 new employees in 100 days to prepare for projects in 2013. "The Nerd Drive" looks to the public for good referrals by offering incentives to help fill web development positions. Anyone who provides a referral will be compensated based on how far the candidate makes it in the hiring process.

3M to acquire toll road technology firm

Maplewood-based 3M Co. has agreed to pay $110 million in cash to buy Federal Signal Technologies Group, which focuses on electronic toll collection and parking management software services.