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Wednesday, March 17, 2010
2010 Women to Watch: Raytheon's Lauren Crews fills in gaps of defense tech R&D
Lauren Crews, technology coordinator at Raytheon Co., is a 2010 Mass High Tech Women to Watch honoree. Her work has contributed significantly to radar programs for the defense of the U.S.
Monday, March 15, 2010
Boston Scientific stock drops on heart device recall
Boston Scientific Corp. stock dropped more than 11 percent, after it announced it would temporarily halt shipments and recall inventory of several brands of implantable heart defibrillators because parts of the manufacturing process have not been approved by the U.S. FDA.
Wednesday, March 17, 2010
IBM launches business plan competition in Boston
IBM Corp. today announced the launch in Boston of a startup business-plan competition, in which the company will look to partner with five Boston-area technology companies with less than $1 million in revenue.
Monday, March 15, 2010
Northeastern professor lands NIH grants for nanotech drug delivery
The National Institutes of Health has awarded two grants to Northeastern University professor of pharmaceutical sciences Mansoor Amiji and his team of researchers to study a treatment for cancer, Alzheimer’s, schizophrenia and HIV/AIDS.
Monday, March 15, 2010
Conn. digital media startup pulls in $550,000 financing
Digital Brand Connections LLC, a Connecticut company founded earlier this year by former Clear Channel Communications Inc. executives, has raised a $550,000 angel round to build proprietary digital media players for well-known brands to stream rich media to their customers and fans.
Monday, March 15, 2010
Pegasystems pays up to $162M to buy Chordiant
Pegasystems Inc., an enterprise software company in Cambridge, has signed a deal to acquire California-based Chordiant Software Inc. for up to $161.5 million.
Tuesday, March 16, 2010
Ky. software startup Backupify moving to Boston
Back up the moving truck right here: Louisville, Ky. software startup Backupify Inc. has raised $1.1 million and is coming to Boston. The 2-year-old startup has developed software designed to back up data stored in cloud-based services like Google Inc.’s Gmail, or the photo sharing service Flickr.
Monday, March 15, 2010
Rapid7 finds $2M in VC funding
Rapid7 LLC has raised $2 million of a planned $4 million venture round, the Boston security software company reported in a regulatory filing posted last week.
Monday, March 15, 2010
UMass doles out $200K in research grants
The University of Massachusetts reports it has granted $200,000 to researchers at its Amherst, Lowell and Worcester campuses. UMass’ Commercial Ventures and Intellectual Property Technology Development Fund distributed the grants to researchers in life sciences, polymer chemistry, computer science and engineering.
Tuesday, March 16, 2010
Digital Lumens emerges with smart LED light grid
Stealthy startup Digital Lumens Inc. has decided to shine a light on itself, revealing its technology — a combination of LED lighting, wireless mesh networking and management software that the company says can reduce the electrical cost of lighting an industrial facility by as much as 90 percent.
Wednesday, March 17, 2010
Boston World Partnerships pumped 200 new jobs into city
Boston World Partnerships celebrated its one year anniversary last night at the Liberty Hotel, releasing data showing that it is responsible for creating 200 new jobs in Boston and retaining 115 jobs, resulting in an economic impact of $38 million in statewide spending.
Monday, March 15, 2010
FORMA, LLS partner on lymphoma drug development
The Leukemia & Lymphoma Society (LLS) and FORMA Therapeutics Inc., have announced they will team up to try to develop drug candidates against a promising lymphoma target.
Thursday, March 18, 2010
A123, Satcon, STR Holdings join Nasdaq cleantech index
Watertown-based A123 Systems Inc., Boston-based Satcon Technology Corp. and Enfield, Conn.’s STR Holdings Inc. will be added to the Nasdaq Clean Edge Green Energy Index, intended to track stock performance of publicly traded, clean energy companies in the U.S.
Monday, March 15, 2010
Pescatello named president of New England Biotech Association
At its annual meeting, the New England Biotech Association (NEBA) elected board member Paul Pescatello as its president for 2010. Pescatello serves as director of Connecticut United for Research Excellence (CURE).
Tuesday, March 16, 2010
Matrix Partners adds entrepreneur Rodriguez to VC firm
Serial entrepreneur Antonio Rodriguez announced on his blog this morning that he will take a general partner position at Waltham venture capital firm Matrix Partners.
Monday, March 15, 2010
Raytheon's Sanchez joins Mass. STEM Advisory Council
Raytheon Co. reports one of its engineers, Alex Sanchez, a senior principal systems engineer at Raytheon IDS, has been appointed to the Massachusetts Governor’s Science, Technology, Engineering and Math Advisory Council.
Monday, March 15, 2010
Connecticut backs diagnostics firm HistoRx
Connecticut Innovations has announced a $1.5 million loan to HistoRx Inc., a New Haven-based firm working on diagnostic solutions for cancer treatment.
Tuesday, March 16, 2010
Startup Watch: Five you should follow
As part of each week’s Startup Report, Mass High Tech highlights five startup companies, and their business goals, that are profiled in the New England Tech Directory. Included in this week’s Startup Report: Adros Energy, CheXout Systems, Desktone, Global Cycle Solutions and Raza Enterprises.
Wednesday, March 17, 2010
Women to Watch alumni offer tips for girls, advice for business and government
Three of the 2009 Women to Watch honorees offered some tips to girls who may be interested in entering a technology-based field of study and future career. They also gave their opinions on what needs to change in business, government and academia in order to help these girls fulfill their interest in tech careers.
Tuesday, March 16, 2010
Biotech, drug R&D grew in 2009
Research and development investment by pharmaceutical and biotechnology companies defied the recession in 2009, growing by more than 2 percent over the 2008 total.
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