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Marquette Group history
Marquette Group company history timeline
Founded in 1965, Marquette Electronics, Inc., has grown in harmony with the rise of computer technology to become a leading manufacturer of medical electronic equipment and systems for the diagnosis and monitoring of patients requiring critical care.
When Michael J. Cudahy and Warren B. Cozzens set out to establish an electronics company in 1965, they initially explored the manufacture of a wide range of electronic equipment.
In late 1965 Marquette delivered its first successful product: a centralized electrocardiograph (ECG) system, to Northwestern University Medical School in Chicago.
In 1982, for example, the company acquired a patient-monitoring equipment line from General Electric Corp.
In 1987 the company gained a new line of defibrillators through the purchase of 89 percent of the shares of TemTech Ltd., of Northern Ireland, which was renamed Marquette N. Ireland Ltd.
By 1990, Marquette's more than 1000 employees could hardly approach the accessible president on a regular basis, nor could they be expected to know each other on a first-name basis.
Cudahy also had a vested interest in redeemable shares; by 1990, he owned 46 percent of the company's Class A stock and 100 percent of its Class C stock, while Marquette's ESOP owned roughly another 20 percent.
These deliberations came to a head in the fall of 1991, when Marquette sold 15 percent of its shares to outsiders, making its stock available on the over-the-counter market.
In July 1992, Marquette and Optical Sensors (OSM) announced an exclusive, worldwide joint manufacturing and distribution agreement for a system combining OSM's fiber optic blood gas sensors with Marquette's patient monitoring hardware and software.
Madison Marquette is founded in 1992, focused on retail/mixed use and urban revitalization.
In September 1994, the company expanded on its joint venture with Gambro Engstrom AB by renewing the development agreement with that company's parent, Instrumentarium Corp., of Helsinki, Finland.
In 1994 alone, sales of Marquette's products in Korea doubled, according to that year's annual report.
Roseview is founded in 2001, enter capital markets advisory and corporate services.
Marquette ranks 84th in the 2020 edition of America's Best Colleges, released by United States News & World Report.
In 2021, Customs House condos is featured on TV6 News as construction begins.
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Marquette Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Location3 | 1999 | $2.2M | 50 | 5 |
| TMP Directional Marketing | 1967 | $17.0M | 141 | - |
| Local Launch | 2012 | $200,000 | 3 | - |
| Star Tribune | 1867 | $540.0M | 2,764 | 5 |
| Imperial Marketing | - | $470,000 | 50 | - |
| Gannett | 1906 | $3.2B | 21,255 | 141 |
| Direct Media | - | $2.0M | 20 | - |
| Dominion Enterprises | 1991 | $1.1B | 3,100 | 75 |
| The Clarion-Ledger | 1837 | $4.0M | 106 | - |
| Naylor Association Solutions | 1969 | $29.0M | 440 | 7 |
Marquette Group history FAQs
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