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November 19th, 2014

November 19th, 2014


3 Ways to Increase the Number of Women in Computer Science
The American Genius
It is well known that a gender gap remains in the tech sector, and while it is narrowing, computer science continues to see one of the largest gender gaps. There are plenty of people doing their share to change this, however. People like Sammy Lowdermilk is program director for Tennessee Code Academy, a program of Launch Tennessee business accelerator The Biz Foundry, in Tennessee.

California Company Buys OnFocus Healthcare
Nashville Business Journal
Brentwood-based OnFocus Healthcare has been purchased by Emeryville, Calif.-based MedeAnalytics, according to a news release. OnFocus offers a technology workflow tool, currently in use by more than 300 hospitals, which analytics company MedeAnalytics plans to integrate into its existing tools.

Chattanooga-based Bellhops Moving Up; $6 Million Raised from Investors
Chattanooga Times Free Press
Chattanooga-based Bellhops has raised $6.1 million from California and New York investors, including those who’ve pushed forward big tech names such as Facebook, Twitter and Paypal. Also on the list of investors: the rapper Nas. Bellhops, a 3-year-old business that provides help for people to move, got the lion’s share of funding from a $5.1 million investment by Binary Capital.

Emdeon to Buy Change Healthcare for $135 Million
Nashville Business Journal
Emdeon, a Nashville-based revenue cycle management and health IT solutions company, will purchase Brentwood-based Change Healthcare for $135 million, the companies announced today. The deal, expected to close later this month, also includes additional contingent payments of up to $50 million based upon Change’s attainment of financial performance objectives by the end of 2017, according to a news release.

Global Entrepreneurship Week Offers Events for Local Innovators
High Ground News
Global Entrepreneurship Week is this week, and Start Co., Memphis Bioworks Foundation and other local startup groups and business accelerators will facilitate several events this week to celebrate innovation and entrepreneurship. “We know firsthand Memphis has the resources and ecosystem that makes it a great place in which to start a business,” says Allan Daisley, Start Co. Director of Entrepreneurship and Sustainability. “In fact, we’d argue there’s no better place in the world to build a medical device business than Memphis.”

‘That Means the Internet will be 10 times Faster’
The Jackson Sun
Jackson Energy Authority plans to upgrade its optical infrastructure and make its Internet speed 10 times faster, officials said Tuesday. “We’ll upgrade to 1,000 megabits per second,” said Ben Lovins, senior vice president of JEA’s Telecommunications Division. “Most of our customers are at 75 megabits, but let’s round that up to 100. That means the Internet will be 10 times faster.”

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