Latest News November 7, 2009

Mass. claims $2M for statewide broadband service

The U.S. Department of Commerce’s National Telecommunications and Information Administration has awarded about $2 million in stimulus funding to Massachusetts for the purpose of developing initial steps for setting up broadband Internet service throughout the commonwealth, including Cape Cod and western Massachusetts.

STR Holdings in IPO after 65 years

Connecticut-based STR Holdings Inc., started as a plastics research and development company in 1944 and now a manufacturer of encapsulants for photovoltaic solar panels, opened an initial public offering yesterday, offering 12.3 million shares priced at $10 per share, or about $123 million.

LogMeIn aims for $60M offering

LogMeIn Inc. is planning to raise an additional $60 million on the public markets. The company this morning filed for a secondary public offering of stock – 3 million shares worth $60.1 million at Thursday’s closing price of $20.02 per share.

Boston Scientific pays $296M to settle Guidant allegations

Medical device maker Boston Scientific Corp. plans to spend $296 million to settle a U.S. Justice Department investigation into the company’s alleged failure to report possible defibrillator defects.

Gloucester Pharmaceuticals’ lymphoma drug wins FDA OK

The U.S. Food and Drug Administration has approved a lymphoma drug developed by the privately-held Cambridge-based biotechnology firm Gloucester Pharmaceuticals Inc.

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The PITCH

Textaurant

Headquarters: Waltham
Employees: 3
Founded: 2009

The Pitch: Textaurant is seeking $50,000 to $100,000 in funding for testing its text messaging service for restaurants and businesses at additional sites, and marketing, branding, sales and product development.


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    MHT All-Star Peter Antoinette: Nanotech explorer

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    From the November 6, 2009 Print Edition

    Peter Antoinette, president and CEO of Nanocomp Technologies Inc., won a Mass High Tech All-Star award for 2009 in the field of nanotechnology. Find out how he got involved with nanotechnology.

    Read the rest of the story »

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    Signature Programs

    Women to Watch Women to Watch 2009

    Mass High Tech’s Women to Watch program honors 10 New England-based women each year who are leading the way in entrepreneurship, technological innovation and lifelong learning.

    Nominate a woman to watch »

    Read the profiles of 2009 and past winners »

    High Tech All-Stars Celebrate the Mass High Tech All Stars

    Each year, Mass High Tech honors the New England tech industry’s pioneers and leaders from such sectors as: Advanced Energy, Biotech, Electronics, Hardware, Internet, Medical Devices, Software and Telecommunications. We also recognize those in support services who make it possible for entrepreneurship to thrive in the region, including lawyers, financiers, educators, public policy makers and association representatives.

    Almost 400 members of the innovation community gathered at the Boston Park Plaza Hotel to honor the 2009 MHT All-Stars. You can read the profiles of the 15 honorees and past recipients, and learn more about the awards reception.

    Now it’s time to look ahead to 2010, and the 15th Annual MHT All-Stars program. Nominations are now open, and we encourage you to submit the names of the people that you view as the leaders of your industry sector. Who provides ideas, innovation and vision? Which executives have changed the way people do business in your industry? Who are the thought leaders in your market? Who are the trailblazers for new technologies, the market makers for New England? Help us identify these leading players by nominating them now.

    Tech Forums

    Mass High Tech hosts four tech-focused forums throughout the year that include panel discussions on issues of concern for the bio, cleantech, emerging tech and finance industries.

    Watch here for information on upcoming forums and highlights from recent forum events:

    • Finance Forum
      September 24, 2009
       
    • BIO Forum
    • CleanTech Forum
    • Emerging Technologies Forum

    Tech Citizenship Tech Citizenship: How is your company giving back to the community?

    Mass High Tech annually honors New England technology companies that use their innovation to improve their communities as part of our Tech Citizenship Awards program. Now is the time to detail how your organization has helped charities and other non-profits through financial contributions, staff time, technology or other forms of assistance. The outstanding tech citizens will be honored at an event on Nov. 20. Register for the event. See the list of this year's 24 tech citizenship award recipients.

    Read about the 22 companies honored last year for their charitable efforts. Read profiles of each company and learn how they met the criteria to be named a Tech Citizen. Their stories offer ideas from which we can all learn.
     

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    New England Tech Stock Index

    New England Tech Stock Index The New England Technology Stock Index (NETSI) provides a snapshot view of the performance of the region’s publicly traded companies. View the index »

    On the MHT blog now

    Despite World Series, local algorithm helps jobless New Yorkers

    NPR's Morning Edition reports on job counseling efforts at the state of New York's Department of Labor, and finds it's using an algorithm developed by Burning Glass Technologies, which is based in Quincy Market. Burning Glass develops algorithms that parse resume information and try to match job seekers with companies that will actually hire them. The job seeker in the story, a publishing i...

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    Startup Watch

    Five You Should Follow

    Immerz Inc.

    Founded in 2009, Immerz, has developed a chest-worn device that uses vibration to enhance immersion in a game or movie. The company is based in Cambridge. 
     

    Other startups featured in our weekly Startup Report and listed in our online directory:


    Want to be considered for the Startup Watch? Contact the     Startup Watch editor.

    Business Calendar

    Upcoming Events:


    Nov. 12th

    5th Lithium Mobile Power

    Lithium Mobile Power will guide attendees from technology and materials development, through device packaging and integration, to applications in a mobile power marketplace.

    Nov. 12th

    Angel & Venture Term Sheets Lunch Discussion

    This limited seat members-only luncheon brings some of Boston’s most experienced attorneys to provide 2 hours of deep instruction to entrepreneurs struggling to understand the complexity of high growth investments - sample terms sheets will be provided and analyzed.

    Nov. 20th

    Executive Presence - Creating Personal Power

    Executive Presence is about using specific tools skills to build and sustain relationships with executives. Research connects the use of these skills to a project’s success. This interactive seminar will help develop these skills.

    Nov. 9th

    NEDMA's 60th Birthday Celebration and Silent Auction

    Wine, dine, and sign-up to attend the New England Direct Marketing Association (NEDMA) 60th Birthday celebration. On Monday, November 9th, the region’s top marketers will be gathering to celebrate with cocktails, hors d’oeuvres, and silent auction to help support the NEDMA Foundation.

    Nov. 9th

    2009 IEEE International Conference on Technologies for Practical Robot Applications

    The 2nd Annual IEEE International Conference on Technologies for Practical Robot Applications is aimed at catalyzing the development of enabling technologies and encouraging their adoption by robot designers.

    Nov. 10th

    Board Role in Strategy: "not too big, not too small but just right"

    Association for Strategic Planning evening seminar featuring Michael Kipp, Managing Partner of GovernBest. Boards are expected to play a central role in resolving questions of identity and direction for the organizations they would govern.

    Nov. 10th

    Breakfast Seminar: The Case for Unified Information Access

    Join Attivio’s CTO, Sid Probstein, for breakfast and a discussion on improving and accelerating your return on information with unified information access (UIA). Whether you are a business leader looking for agile information to drive decisions and deeper insight, simplify ad hoc analysis and automate business processes or a technology vendor looking for innovative, differentiating capabilities for improving information delivery and user experience in your products, UIA can transform your business.

    Nov. 10th

    Get Your Foot in the Door to Close New Accounts

    Is closing new business keeping you up at night? Many business owners and sales professionals have concerns. Join us to network, dine and enjoy an informative, funny and inspirational speaker. We are eWomenNetwork - But men are always welcome at our events!

    Nov. 10th

    WPI Venture Forum Business Plan Contest

    Please join us on November 10th for the WPI Venture Forum's 16th annual Business Plan Contest. Inventors and innovators with a new product or process test their business ideas with seasoned professionals, and the judges seek new and fundable ideas.

    Nov. 10th

    Boston Cleantech Venture Day

    Welcome to the Boston Cleantech Venture Day European-American Chambers of Commerce and business groups in New England are organizing the second annual Boston Cleantech Venture Day (BCVD) to assist European Cleantech companies in exploring and taking advantage of opportunities in the U.S.

    Nov. 10th

    Secure Surroundings - An Introduction to Hazardous Locations and ATEX requirements

    Intertek, a global leader in testing, inspection and certification, will be hosting a complimentary seminar on compliance with North American Standards and ATEX requirements for qualified engineers working in electrical installation or HAZLOC inspection.

    Nov. 11th

    Interactive Software Requirements Exercise

    Developers and testers all depend on clear, unambiguous requirements to do their work. Yet, few projects have such requirements. Following a short introductory talk to review several graphical alternatives to English, we will break into small groups to work on expressing requirements using different techniques so that we can see firsthand the benefits of graphical alternatives to English...


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