DEBT AND EQUITIES Advanced Circulatory Systems Inc., Eden Prairie, has received an additional $1.5 million in funding from the National Institutes of Health to continue a study testing two devices used in combination on those who experience cardiac arrest outside a hospital. Minneapolis and St. Paul are two of six sites included in the national study. The study involves the testing of the ResQPump, an active compression/decompression device, in combination with the ResQPOD, a device used to increase blood flow to the heart and brain during CPR.
NEW BUSINESS Compellent Technologies Inc., Eden Prairie, announced it will provide continuous, coordinated access to all data stored on Compellent SANs between remote locations with a new automated business continuity feature, Live Volume.
MERGERS AND ACQUISITIONS Capstone Publishers, a Minneapolis-based publisher of children's books for school and public libraries, has acquired the assets of the Heinemann-Raintree library reference imprints from Pearson, the international education and media company. Heinemann-Raintree, a library and classroom publisher of more than 6,000 pre-kindergarten to secondary nonfiction titles, has offices in Chicago and Oxford, England. The acquisition extends Capstone Publishers' international market as Heinemann-Raintree has a sizable presence in the United Kingdom and wide international appeal.
3M Co., Maplewood, agreed to acquire Financiere Burgienne, a provider of finished license plates under the FAAB and FABRICAUTO brands in France. Terms of the transaction were not disclosed.
The Toro Co., Bloomington, acquired certain assets from Southern Green Inc., Zachary, La., a maker of deep-tine aeration equipment. Toro acquires Southern Green's line of Soil Reliever aerators.
