MidTown Cleveland announces leadership change and Advance acquires 1010data, Inc., for $500 million: Local Business Briefs
MidTown Cleveland announces leadership change
CLEVELAND, Ohio -- MidTown Cleveland announced a change in leadership for the first time in 16 years.
Executive Director Jim Haviland will step down and Interim Director Robert Brown, former director of city planning for the City of Cleveland, will assume the organization's leadership role.
Haviland has served as executive director of MidTown Cleveland since 1999. Over his 16 years, he led a variety of initiatives and development projects, including the development of MidTown Cleveland's new headquarters at the Agora Theatre at East 50th Street and Euclid Avenue.
Brown spent nearly 30 years of his career with the City of Cleveland, including nine years as its director of city planning. In 2014, he was selected as a Fellow of the American Institute of Certified Planners. Brown prepared Cleveland's Civic Vision 2000 Citywide Plan; and he led the city's work in the Reimagining a More Sustainable Cleveland project. He has written and administered zoning and development regulations on a wide range of topics, from signs to design districts and from urban agriculture to townhouses.
Founded in 1982, MidTown Cleveland, Inc. is a 501 (c) 3 economic development corporation that serves a 2-square mile area between Downtown Cleveland and University Circle.
Advance acquires 1010data, Inc., for $500 million.
CLEVELAND, Ohio - Advance Publications/Newhouse, based in New York, acquired 1010data, Inc., also based in New York, this week for $500 million, according to a jointly written announcement by the companies. Advance is the parent company of the Plain Dealer and Northeast Ohio Media Group.
1010data is a data-sharing platform that combines cloud-based analytics with access to disruptive datasets on a single platform.
Current 1010data management will continue to lead the company, retaining a stake in the new entity. New capital will be used primarily to invest in the platform, scale sales and marketing operations, expand product offerings and grow into new industries and geographies.
During the past several years, 1010data has continued to increase its customer base, as more than 750 lead banking, retailing, manufacturing, gaming and telecommunication companies use 1010data to manage and analyze more than 21 trillion rows of data.