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Category: Technology

Technology

York fiber company co-founded by rock stars unloads assets

United Fiber & Data, a York-based fiber optics firm that once promised to bring jobs and data centers to eastern Pennsylvania, is selling “substantially all” of its assets to a New York-based company.Those assets include the signature project of United Fiber & Data, or UFD, a company founded in 2012 by former members of the […]

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Entrepreneurship

PE firm backs spinoff from York IT company

John Dolmetsch believed wireless connectivity would become a staple of modern life. He just didn’t expect it would happen so quickly.“Literally, it’s an explosion,” said Dolmetsch, who in 1992 co-founded York-based IT firm Business Information Group, aka BIG, with his brother, Scott.In a bid to take advantage of that growth, John Dolmetsch partnered this spring with […]

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Banking/Finance

Lanco financial firm merges with Denver peer

The slowdown in home lending has challenged banks and mortgage brokers over the last year. But it has created opportunities for the firms that offer them advice and technology to improve their operations.It is those opportunities that helped spur a merger for Teraverde, a financial software and consulting company based in East Hempfield Township Lancaster County. The […]

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Entrepreneurship

For Lititz VR firm, sale is path to scale

After striking a deal with ViacomCBS, now Paramount, Lititz-based MajorMega created a virtual-reality game based on popular cartoon character SpongeBob SquarePants and the undersea world of Bikini Bottom.The two-person arcade game debuted at a convention in Orlando, Florida, said Michael Bridgman, a co-founder of the gaming company. “It was really well-received and we got a […]

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Technology

Firm with Lanco ties forges $270M deal

A Massachusetts-based company has agreed to pay $270 million in cash for a London-based firm that sells anti-counterfeiting products and services.The firm is OpSec Security, which has operations at two locations in the Greenfield business park in East Lampeter Township, Lancaster County. OpSec had been on a path to go public this year by merging with […]

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Education

Edtech startup hires revenue chief

TEAMology, an education technology startup based in Chambersburg, has hired Gretchen Thompson as its first-ever chief revenue officer, where she will lead sales, business development, strategic partnerships and marketing initiatives.Thompson has held sales, marketing and leadership positions for a number of education-related startups, including ClassLink, Qwizdom and Vizzle. She worked most recently for Baltimore-based Allovue, which developed finance software for […]

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Legal

AG: “Sham” internet provider targeted rural York

A locally based company allegedly broke state law by reselling internet service in what the state attorney general described in a lawsuit as a “sham business.”The company, Davis Communications Internet Inc., subscribed to business internet plans, then advertised itself as an internet provider in its own right, specifically targeting consumers in rural York County, where internet […]

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Health Care

WellSpan eyes drone-delivery service

A regional health system is laying the groundwork for an aerial delivery service.WellSpan Health said yesterday it is partnering with San Francisco-based Zipline to offer a service that would ferry patient prescriptions, lab samples and medical products via autonomous drones.The health system offered no timeline for when service would begin.When it does, it would likely be the first […]

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Entrepreneurship

Doceo leader talks succession, expansion

When John Lewis interviews younger job applicants these days, he fields questions he did not typically hear a decade ago.Applicants are asking more pointed questions about the future of Doceo, the regional office equipment and IT services company that he leads as president and CEO.“There’s no question that, when we are talking to younger talent, […]

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