Texas college officials head to Austin to make funding requests from state legislature
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The Texas State Capitol building stands in Austin, Texas, U.S., on Thursday, June 2, 2016. Steve Adler, Austin s mayor, thinks he can put his stamp on the city by burnishing its reputation as an exciting playground for experiments in urban transportation. One of his political priorities is to seek millions in federal funding to promote a so-called smart city plan based on autonomous buses, sensors that know which parking spaces are available and, yes, a culture of ridesharing. Photographer: David Williams/BloombergDavid Williams, Austin Ridesharing / Bloomberg
Texas college officials started meeting at the Texas Capitol in Austin Tuesday to make requests for funding from the state during its 87th legislative session.
Honeywell (ticker: HON) is buying New Jersey-based Sparta Systems for $1.3 billion in cash. Sparta makes quality management software solutions, enhanced with artificial intelligence, for the life science industries. The deal opens up new a new life-science end market for Honeywell.
Sparta has about 250 employees and serves more than 400 customers, including 42 of the world’s top 50 pharmaceutical companies and 33 of the top 50 medical device companies.
“Our combined offerings will make it easier for customers to gain critical insights from manufacturing and quality data that can improve their manufacturing processes while ensuring product quality, patient safety, and supply chain continuity,” said Que Dallara, president and chief executive officer of Honeywell Connected Enterprise in the company’s news release.