http://www.masshightech.com/latestnews.html Mass High Tech: The Journal of New England Technology : breaking news from Mass High Tech Tue, 24 Nov 2009 16:39:39 -0500 en-US http://www.masshightech.com/ http://www.masshightech.com/images/flag.gif http://www.masshightech.com/stories/2009/11/23/daily15-Avid-signs-Boston-areas-biggest-suburban-lease-of-the-year.html Tue, 24 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology Audio and video company Avid Technology Inc. has committed to a 10-year, 203,000-square-foot lease for a new company headquarters in Burlington’s Northwest Park — the Boston area’s largest suburban lease deal of 2009, according to local real estate executives. http://www.masshightech.com/stories/2009/11/23/daily10-TranSwitch-pulls-off-1-for-8-reverse-stock-split.html Tue, 24 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology As it had previously announced, TranSwitch Corp. has pulled the trigger on a planned one-for-eight reverse stock split in an effort to bring the company’s common stock in compliance with Nasdaq trading regulations. http://www.masshightech.com/stories/2009/11/23/daily3-IBasis-strikes-deal-with-KPN-on-stock-dispute.html Mon, 23 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology The five-month dispute between iBasis Inc. stockholders and KPN BV over majority owner KPN’s bid to acquire all remaining iBasis stock took a step toward resolution with the two companies announcing that KPN will increase its offer from $1.55 to $3 per share. http://www.masshightech.com/stories/2009/11/16/daily39-LiveWire-Mobile-plans-reverse-stock-split.html Thu, 19 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology In an effort to draw attention from institutional investors, LiveWire Mobile Inc., a provider of managed personalization services such as ringtones and ringback tones, will execute a one-for-ten reverse stock split of the company’s common stock next month. http://www.masshightech.com/stories/2009/11/16/daily30-American-Tower-puts-up-100M-for-196-Cincinnati-Bell-towers.html Wed, 18 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology American Tower Corp. plans to buy 196 wireless communications towers covering areas of Ohio and Kentucky from Cincinnati Bell for $100 million. After the sale, Cincinnati Bell will remain a tenant on all 196 towers, under a lease agreement. http://www.masshightech.com/stories/2009/11/16/weekly10-2009-Tech-Citizenship-honoree-Verizon-Communication-Inc.html Wed, 18 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology Verizon Communications Inc. puts its charitable efforts into three main silos in New England: education, domestic violence and assistive technologies for the disabled. The Massachusetts Department of Education and Lesley University received a second year of funding to train more teachers to use Thinkfinity.org, a curriculum resource tool from Verizon Foundations online. http://www.masshightech.com/stories/2009/11/16/daily27-Scvngr-maps-fast-path-to-doubling-staff-size.html Tue, 17 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology Scvngr Inc. is on track to make $1 million in revenue in its first year of existence, but founder and “chief ninja” Seth Priebatsch doesn’t think that’s enough of a growth curve. So the company will be doubling in size from 20 to 40 employees in the next two months. http://www.masshightech.com/stories/2009/11/16/daily15-SEC-closes-iBasis-option-practice-investigation.html Tue, 17 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology International wholesale voice-over-Internet-protocol (VoIP) provider iBasis Inc. says that the U.S. Securities and Exchange Commission has dropped its investigation into the Burlington company’s practices of granting stock options. http://www.masshightech.com/stories/2009/11/16/daily13-SEC-said-to-investigate-possible-3Com-insider-trading-.html Mon, 16 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology The pending acquisition of Marlborough-based 3Com Corp. by Hewlett Packard Co. has prompted an insider trading investigation by the U.S. Securities and Exchange Commission. A report noted that options call trading for 3Com soared just before the announcement, at one time reaching 17 times its average from the previous four weeks. http://www.masshightech.com/stories/2009/11/16/daily5-New-Brightcove-release-focuses-on-iPhone-apps-SMB-platform.html Mon, 16 Nov 2009 00:00:00 -0500 Mass High Tech: The Journal of New England Technology Brightcove Inc. today announced the release of Brightcove 4, adding features for iPhone application developers and a pared-down, $99-a-month version of the company’s web video publishing platform, aimed at small and midsize businesses.