Daily TechFlash News for March 31, 2009
Foley & Lardner LLP invites you to attend a Foley Executive Briefing on Establishing a Comprehensive Program to Protect Trade Secrets, Confidential Information, and Goodwill. The event is scheduled for Wednesday, April 8, 2009 — Registration/Networking 8:00-8:30 a.m. Program 8:30-10:00 a.m. at Foley & Lardner's Boston office at 111 Huntington Ave, 26th Floor. To learn more about this program and to register for the event please go to Foley.com/FEBS.
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Today's Headlines

Federal stimulus gives Boston $6.5M for clean energy
Dyax trims pipeline, cuts 60 jobs to focus on DX-88
First Wind finds new president in Alvarez
Life sciences startups pitch at tech transfer conference
Google confirms bi-coastal Google Ventures, led by Maris and Miner
Defense Dept. deals Philips Healthcare $77M systems contract
Teradyne taps notes sale to raise $150M
SpaceClaim shapes up $7M in funding
Microsoft, TomTom settle IP lawsuits
EMD Serono to hire 50 in new Cambridge lab

> Mass High Tech's interactive calendar of events

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Federal stimulus gives Boston $6.5M for clean energy

Environmental activist and former vice president Al Gore joined Boston Mayor Thomas Menino to announce that the City of Boston has received $6.5 million from the federal stimulus package to create an energy efficiency organization for the city.
> Read more of this article | > Back to the top

6th Annual RoboBusiness Conference & Exposition (April 15-16, 2009 | Boston, MA)

The must-attend event for business, technology and investment professionals interested in the personal, service and mobile robotics industry. Attend RoboBusiness to understand which emerging technologies and applications represent today’s greatest opportunities for commercial development and success. New Stimulus Pricing Announced! $95 Colleague Conference Pass and $25 Expo Pass. Use Priority Code STIMULUS. Visit www.RoboBusiness.com for information and registration.

Dyax trims pipeline, cuts 60 jobs to focus on DX-88

Cambridge-based drug developer Dyax Corp. reports it is planning to eliminate 60 jobs, just days after it announced that the U.S. Food and Drug Administration is looking for more information about its lead product candidate, DX-88, before it can approve the drug.
> Read more of this article | > Back to the top

JOIN MHT for a morning of networking and lively discussion at our annual Clean Tech Forum. Panelists will offer an outlook on 2009 given our current economic situation and what the public and private sectors are doing to generate jobs and promote partnerships. Technology Showcase: Come see a selection of interesting new technologies being developed by local clean tech/alternative energy companies.

REGISTER TODAY! April 9, 2009 7:30-9:30am | Seaport Hotel

Platinum Sponsor: Bingham

First Wind finds new president in Alvarez

First Wind Inc., an independent wind developer based in Newton, has promoted executive vice president Michael Alvarez to the position of president and chief operating officer. Alvarez takes the title of president from former president and current CEO Paul Gaynor.
> Read more of this article | > Back to the top

"MHT’s work is a gift to New England and Boston. You shine a light on the great things going on around us that are otherwise out of sight."
Justin Aborn, Chief Scientist, General Compression, Dispatchable Wind

MASS HIGH TECH - Stay Connected.
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Life sciences startups pitch at tech transfer conference

Despite the hard times, a dozen medical device and biotech company executives and researchers made their pitch to raise funds to get to market at the Early Stages Life Sciences Conference on Monday.
> Read more of this article | > Back to the top

The New England Database of Technology Companies and print directory give you up-to-date contacts and in-depth information for nearly 8,000 technology and life sciences companies. Order it today to find the sales leads, suppliers and partners your business needs.
Available online at www.masshightech.com or call Lauren Casey at 617-316-3241. Be sure to also inquire about annual directory advertising opportunities.

Are you listed in the directory? For your FREE listing, complete a survey HERE

Google confirms bi-coastal Google Ventures, led by Maris and Miner

It is official: Google Inc. is launching a venture firm with offices in Cambridge and Mountain View, Calif. Google Ventures, a venture capital division of the Internet search giant, will be headed up by California-based Burlee.com founder Bill Maris and Cambridge-based Android Inc. founder Rich Miner.
> Read more of this article | > Back to the top

 
Nominations for the Green Awards

The Boston Business Journal is accepting nominations for the Green
Business Awards in the following categories: Innovation, Invention, Design and Workplace.

On May15th, the winners will be honored at the 2nd annual Green Business Summit, a gathering of top executives and thought leaders driving the “green” efforts in the community.

Nominations close on April 10th.  Nominate your company today!

 
 

Defense Dept. deals Philips Healthcare $77M systems contract

Philips Healthcare has landed $77.2 million from the Defense Logistics Agency to provide patient monitoring systems, subsystems, accessories, consumables, spare/repair parts and training for the U.S. Army, U.S. Navy, U.S. Air Force and U.S. Marine Corps, as well as federal civilian agencies.
> Read more of this article | > Back to the top

Teradyne taps notes sale to raise $150M

North Reading-based semiconductor testing equipment maker Teradyne Inc. says the company will offer $150 million worth of convertible notes in an effort to raise capital.
> Read more of this article | > Back to the top

SpaceClaim shapes up $7M in funding

Concord-based software maker SpaceClaim Corp. has pulled in $7 million in financing, from several local venture capital firms, to apply to the company’s research and development, sales and marketing, engineering analysis and simulated design.
> Read more of this article | > Back to the top

Microsoft, TomTom settle IP lawsuits

Microsoft Corp. and Netherlands-based navigation software developer TomTom NV, which has its U.S. headquarters in Concord, have settled dueling patent infringement litigation originally initiated by Microsoft last month.
> Read more of this article | > Back to the top

EMD Serono to hire 50 in new Cambridge lab

Rockland-based biopharmaceutical EMD Serono Inc. has announced plans to open a research facility in Cambridge that will accommodate up to 50 scientists. The laboratory space will be used to conduct research in neurobiology, pharmacology and chemistry.
> Read more of this article | > Back to the top



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