Here’s a quick rundown of recent news from Wisconsin’s tech and innovation community:
—Wausau Financial Systems was acquired by Shoreview, MN-based Deluxe Corp. (NYSE: [[ticker:DLX]]) for $90 million, according to the Minneapolis/St. Paul Business Journal. Mosinee, WI-based Wausau Financial Systems makes accounting software for banks and big companies.
—Cover5 has raised $325,000 in debt funding and stock options, according to a new SEC document. The New Berlin, WI-based startup makes a fantasy sports mobile app that involves picking five teams each week to beat the point spread. Cover5 currently lets users pick teams in the NFL, NBA, and NCAA football and basketball.
—Verona, WI-based Epic Systems, the leading electronic health records software provider in the U.S., has officially installed its first system in the U.K. Epic’s software recently went live at Cambridge University Hospitals NHS Foundation Trust, the result of a $320 million deal signed in April 2013, according to EHealth Insider. Epic only gets 30 percent of that pot, though, with the rest going to Hewlett-Packard, which is handling the hardware and infrastructure, the online publication reported.
—Monona, WI-based Shine Medical Technologies signed its second supply agreement for the medical isotopes it intends to produce from a planned Janesville facility starting in 2018. The deal with North Billerica, MA-based Lantheus Medical Imaging follows Shine’s supply agreement with GE Healthcare signed in April. Shine, which plans to make medical isotopes without a nuclear reactor, recently announced Deerfield Management will invest up to $125 million in Shine.
—Madison, WI-based cleantech startup Virent has signed an agreement with a coalition of big brands—including Coca-Cola, Ford, H.J. Heinz Company, Nike, and Procter and Gamble—that gives the corporations an option for preferred access to Virent’s plant-based paraxylene once the startup builds its first major manufacturing facility. The paraxylene would be combined with polyethylene terephthalate (PET) to make renewable and recyclable packaging materials and polyester fibers for textiles. Coca-Cola has also separately invested in Virent.
