Startup Roundup: InfoLogix acquisition for $61.2 million, Jennelle heads to New York
Technically Philly’s Startup Roundup parses out the small pieces that make our greater Startup ecosystem thrive. We want to keep you in touch with the innovations that we can’t quite get to covering, but that deserve highlight. Follow along with the Startup Roundup’s dedicated newsletter or RSS feed. If you’ve got news to share, get in touch.
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Enterprise mobility solutions firm InfoLogix announced late last week that it will be acquired by Stanley Black & Decker for $61.2 million, according to an email. The Business Journal followed-up, noting that the acquisition will allow the local company to grow, while it provides Black and Decker’s healthcare unit with a sales channel to hospital leaders.
Startup Leaders founder Blake Jennelle is headed for New York. Not for a startup—instead, for his muse, he said in a blogpost. But it might not be long until he finds other inspirations. As he puts it the writeup, “my imagination lights up in New York. I’m drawn to create there,” he said. We’ve covered Jennelle for the past two years through a variety of projects he was involved with, including Startup Leaders, MyDunkTank and the Gigabit City Genius Grant. It’s surely a loss for Philly, but our best wishes to Jennelle.




