Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

SBA adds veterans’ business outreach center near Albany
WATERVLIET, N.Y. — The U.S. Small Business Administration (SBA) has launched a veterans’ business-outreach center (VBOC) in Watervliet in the Capital region. The VBOC at
State money helping Wayne County technology firm expand R&D ops
ONTARIO — Optimax Systems Inc. is expanding its research and development operations with some help from New York state government. To encourage Optimax to expand in the Finger Lakes region, Empire State Development (ESD) offered the tech company a grant of up to $250,000 in return for job-creation commitments. The expansion will enable the optics

Rome Lab awards PAR Technology unit $3 million R&D contract
ROME, N.Y. — The U.S. Air Force has awarded PAR Government Systems Corp. a $3 million contract award for research and development. PAR Government is

Wayne County technology firm to expand R&D operations, add 35 jobs
ONTARIO, N.Y. — Optimax Systems Inc., a technology firm based in in the town of Ontario in Wayne County, is expanding its research and development

Assured Information Security acquires Maryland firm
ROME, N.Y. — Assured Information Security, Inc. (AIS) announced it has acquired Ross Technologies, Inc. (RTGX) of Maryland. AIS didn’t release any financial terms of

Genius NY expands for applicants in Internet of Things industry
SYRACUSE, N.Y. — Genius NY, a $2 million business accelerator based at the Syracuse Technology Garden, is expanding its applicant pool to accommodate startups specializing
CXtec, TERACAI local management sees Florida investment firm as the “right partner”
Committed to staying, growing in CNY SALINA — Former CXtec and TERACAI Corp. CEO William Pomeroy “was very firm” in his commitment to finding the “right partner” to help the companies expand and grow jobs in Central New York. “That was … one of our top priorities in evaluating potential partners,” says Peter Belyea, who

Florida investment firm acquires majority interest in CXtec, TERACAI
SALINA, N.Y. — An affiliate of a Miami, Florida–based investment firm has acquired a “majority interest” in CXtec and sister company TERACAI Corp. William Pomeroy,

Avalon Document Services acquires Florida firm
SYRACUSE, N.Y. — Avalon Document Services announced it has acquired Southeastern Document Services (SDS), a Tampa, Florida–based litigation support and eDiscovery provider. Syracuse–based Avalon didn’t

Upstate Medical University relocates first 170 employees to the Galleries in downtown Syracuse
SYRACUSE, N.Y. — Upstate Medical University announced it has moved 170 employees to the Galleries of Syracuse at 441 S. Salina St. in Syracuse. It’s
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.