Business in the Burbs » Consulting

PsychoGenics names scientific adviser

Jerry Gleeson — Mon, 25 Aug 2008 21:08:56 +0000

PsychoGenics Inc. of Eastview named John McCall to its Scientific Advisory Board, reflecting the companyâ€™s growth in the areas of drug discovery and development. McCall has more than 30 yearsâ€™ experience in the pharmaceutical industry including senior positions at Pfizer, Pharmacia and Upjohn, the company said. McCall is president of PharMac LLC, a consultancy in Boca Raton, Fla.

JMT Consulting agrees to acquire rival software firm

David Schepp — Fri, 01 Aug 2008 18:04:26 +0000

JMT Consulting Group of Patterson has agreed to acquire St. Louis-based NFP Consultants Inc., said the companies, which both provide consulting and software to nonprofit organizations.

Terms of the deal, announced this week, werenâ€™t disclosed.

â€œBringing these two great companies together will allow us to transcend what we have accomplished as separate businesses into one superior consultancy,â€ said Jacqueline Tiso, founder and chief executive of JMT Consulting.

The purchase is subject to customary conditions and is expected to close within 60 days, the companies said.

JMT has 25 employees, about a dozen of which work at the companyâ€™s Putnam offices, a spokeswoman said.

Tokyo stock exchange chief named to IBM board

David Schepp — Tue, 29 Jul 2008 18:39:23 +0000

IBM Corp. has elected Taizo Nishimuro to the companyâ€™s board of directors, the Armonk-based company said today.

Nishimuro, 72, is chairman of the board of the Tokyo Stock Exchange Group Inc.

Nishimuroâ€™s knowledge and insights into Asian markets will make a significant contribution to IBM, said Chairman, President and Chief Executive Officer Samuel J. Palmisano.

IBM boosts investments in emerging markets

David Schepp — Mon, 28 Jul 2008 19:55:43 +0000

IBM Corp. said today it plans to accelerate investments in the developing nations of China, Mexico and India by opening centers of excellence in each nation.

These emerging-market countries, so-called because of their high economic growth potential, represented 19 percent of IBM’s geographic revenue in the second quarter, and as a group grew 21 percent, IBM said.

â€œThese results demonstrate that IBM has the ability to thrive in emerging markets,â€ said Bruno Di Leo, IBM general manager of growth markets. â€œOur continued investment give IBM a competitive edge,â€ he said.

The centers of excellence include a banking operation in China, a retail innovation center in Guadalajara, Mexico, and a management center in India, IBM said.