Forbes Magazine has named Swipley Inc. one of “America’s Most Promising Companies.” Swipely, which was founded in 2009, is the first Rhode Island company to make the list. more

The Small Business Web, a trade association that connects small businesses with cloud services, is now incorporated as a 501(c)(6) nonprofit organization and has named its inaugural board of directors. more

(Updated, 1:18 p.m.) Biomedical Structures LLC, the developer of biomedical textiles for medical devices, has merged with Modified Polymer Components, a Sunnyvale, Calif.-based company specializing in the design, rapid prototyping and manufacture of polymer components for medical device original equipment manufacturers. more

Sensata Technologies N.V. reported a bottom line of $177.5 million, or 98 cents per diluted share, for 2012, versus profit of $6.5 million, or 4 cents per diluted share, reported during 2011. more

University of Massachusetts Dartmouth Professor John Buck has received a $743,000 research grant from the U.S. Office of Naval Research to help improve sensor arrays for sonar systems. more

Medical technology maker Covidien PLC reported first-quarter earnings of $493 million, or $1.03 per diluted share, a slight decrease from the $494 million, or $1.02 per diluted share, reported for the first-quarter of its fiscal 2012. more

A three-year, $105 million contract to build a new IT platform connecting the state of Rhode Island’s health care technology infrastructure has been awarded to Deloitte Consulting, Gov. Lincoln D. Chafee announced Thursday. more

GTECH Corp.’s parent company Lottomatica Group SpA will change its name to GTECH SpA, pending shareholder approval, the Rome-based company announced Thursday. more

Amgen Inc., one of the world’s largest biotechnology companies, reported fourth-quarter profit that beat analyst estimates as sales of arthritis and bone drugs rose. more

Electronic Alarms, a division of American Alarm and Communications, has acquired West Greenwich-based security company P&J Alarm, the companies announced Tuesday. more