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German Firm Acquires Baltimore-based PaRaBaL

TECHNOLOGY In a deal that was recently finalized, Baltimore-based enterprise mobility company PaRaBaL was acquired by global service provider ISEC7. With the deal, Hamburg, Germany–based ISEC7 is continuing to grow its presence at offices within the same downtown...

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How Diversity Fuels Maryland’s Workforce

CORPORATE CULTURE When the perspectives and experiences of a diverse group come together in the workplace, they help drive an organization forward in a big way. Research shows that diversity drives innovation, creativity, and business success. … 85 percent of large...

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Dignitas Esports Team Raises $3 Million

ENTERTAINMENT Dignitas, an esports team owned by Camden-based Harris Blitzer Sports and Entertainment, raised $3 million in a private stock sale. The equity financing was disclosed in documents Dignitas, which operates out of the Philadelphia 76ers training facility...

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Industry City’s Massive Rezoning Proposal

DEVELOPMENT In 2017, Industry City, a collection of 16 massive warehouses located on the neighborhood’s western edge, announced a proposal to rezone its campus, which at six million square feet is already the largest privately-owned industrial complex in New York...

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Newell Brands Sells Jostens for $1.3 Billion

RETAIL Jostens Inc., the Minnesota maker of school memorabilia and class and championship rings, will be sold by owner Newell Brands to private equity firm Platinum Equity, the companies said Wednesday. Hoboken, N.J.-based Newell said the Jostens sale would generate...

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Foldable Screens: The Next Innovation in Smartphones

TECHNOLOGY For the past few years, the smartphone industry has been searching for a breakthrough to revive a market mired in an innovation lull and a sales slump. A potential catalyst is on the horizon in the form of flexible screens that can be folded in half without...

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