March into April by staying current on news from Wisconsin’s innovation community, starting with these recent headlines:
—Telkonet, a Waukesha-based company that develops hardware and software to connect machines to the Internet, and to each other, sold one of its business divisions to Syosset, NY-based DCI-Design Communications. The price paid for the business unit, which is known as EthoStream and focuses in part on outfitting hotels with Wi-Fi, was not disclosed in a press release announcing the deal. Telkonet (OTCMKTS: TKOI) said it will use the proceeds from the sale to support the expansion of its EcoSmart product line, which encompasses wireless thermostats and other connected devices. Read the full story here.