http://www.masshightech.com/latestnews.html Mass High Tech: The Journal of New England Technology : breaking news from Mass High Tech Sun, 22 Nov 2009 21:08:17 -0500 en-US http://www.masshightech.com/ http://www.masshightech.com/images/flag.gif http://www.masshightech.com/stories/2009/11/16/daily61-Biogen-shareholders-CEO-pay-inconsistent-with-poor-stock-performance.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology One of Biogen Idec Inc.’s largest investors is criticizing CEO James Mullen’s compensation package and other corporate spending initiatives in an effort to goad the company into boosting its stock performance. http://www.masshightech.com/stories/2009/11/16/daily59-Agrivida-nets-2M-USDA-grant-for-biofuels-research.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology Agrivida Inc. has received a $2 million grant from the U.S. Department of Agriculture to develop genetically engineered feedstocks for biofuels production. The award is the Medford startup’s second in as many months from the federal government. http://www.masshightech.com/stories/2009/11/16/daily58-Flybridge-adds-3M-to-online-pilates-equipment-business.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology Flybridge Capital Partners has invested $3 million in a Cambridge Pilates instructor who runs a business selling exercise equipment on the home shopping network. Lighter Living Inc., an East Cambridge business run by Marjolein Brugman, will use the funds to expand its web presence and line of products. http://www.masshightech.com/stories/2009/11/16/daily57-Navy-directs-56M-to-WHOI-engineering.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology Woods Hole Oceanographic Institute has landed $5.6 million from the U.S. Navy for engineering services. Under the contract, Woods Hole will perform engineering for the Navy’s platform and payload integration department of the Naval Undersea Warfare Center in Newport, R.I. http://www.masshightech.com/stories/2009/11/16/daily55-Maine-startups-projects-land-seed-grants.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology The Maine Technology Institute reports it has given out a total of more than $111,000 in a round of seed grants to technology companies in Maine. The MTI gives up to $12,500 in awards six times a year, requiring a one-to-one match of funds, staff time, equipment or other resources from the startups. http://www.masshightech.com/stories/2009/11/16/daily54-SSC-buys-TheNextRound.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology Financial services software maker SS&C Technologies Inc. has acquired TheNextRound Inc. , a Framingham-based software maker serving private equity and other alternative investment firms. http://www.masshightech.com/stories/2009/11/16/daily53-CambridgeSofts-private-financing-worth-31M.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology CambridgeSoft Inc. has disclosed the dollar value of a private financing it announced earlier this week, reporting in a regulatory filing that the equity funding received from Health Evolution Partners and Goldman Sachs & Co. was worth $31.3 million. The value of the deal was previously undisclosed. http://www.masshightech.com/stories/2009/11/16/daily50-Highland-Capital-banks-smaller-fund-on-fewer-startups.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology With a $400 million fund closed last week, Highland Capital Partners is betting that fewer companies will launch in the coming three years, and fewer billion-dollar companies will be founded. But General Partner Bob Higgins said he believes in a post-recessionary climate, the few great ones will have much bigger opportunities. http://www.masshightech.com/stories/2009/11/16/daily49-Boston-Heart-Lab-pumped-with-new-funds-jobs-office-space.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology It's not the type of story you hear often in the life sciences — a startup raises $2.9 million over two years, then becomes profitable. But that’s what just happened to Boston Heart Lab, a Framingham-based company that makes a diagnostic test for heart disease. http://www.masshightech.com/stories/2009/11/16/daily48-Community-wind-farms-stall-with-lending-holdups.html Fri, 20 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology A year after the collapse of the equity financing market for large wind farms, state leaders and private developers are eyeing community-scale projects as an opportunity to grow the number of turbines in the state. But while communities may be good candidates for wind projects, just who will ultimately back these developments is still an unknown.