Information Technology News

Monday, January 9, 2012

SimpliVity, formerly SimpliVT, raises $5.75M
Stealthy IT software startup SimpliVT Corp. has a new name - SimpliVity Corp. - and a new $5.75 million fundraise, federal documents show.

Tuesday, December 6, 2011

GlassHouse to withdraw planned $75M IPO
GlassHouse Technologies Inc. has, for a second time, announced plans to withdraw its initial public offering. Similar to its 2009 IPO withdrawal, the Framingham data center infrastructure consulting firm cited market conditions as the reason.

Thursday, December 1, 2011

FusionStorm alters IPO plans with aim to garner $1M more
FusionStorm Global, a Woburn-based IT services firm seeking an IPO, increased the number of shares it’s offering but lowered its pricing estimate for the shares, by $1 a share. That means the IPO could actually raise about $1 million more than expected – $188.4 million – under the prior scenario.

Monday, November 21, 2011

GlassHouse moves Patrick Scannell Jr. to CEO role
GlassHouse Technologies Inc., the Framingham data center infrastructure consulting firm that has been on the verge of going public for the last couple of years, has named Patrick Scannell Jr. as the new CEO, taking over from co-founder Mark Shirman who resigned from the position.

Friday, November 11, 2011

DRC wins $15M contract with Veterans Affairs dept.
The Department of Veterans Affairs’ Office of Information and Technology has awarded a $14.7 million contract to the High Performance Technologies Group of Dynamics Research Corp., a consulting, engineering and IT firm in Andover.

Friday, October 28, 2011

Bill Gates didn’t plan on being “super rich”
Bill Gates opened up to the public and shared his thoughts on a broad range of topics in a speech at the University of Washington yesterday, discussing the future of technology, how computers can address global challenges, his support for higher taxes on the wealthy and his own riches.

Tuesday, September 27, 2011

Media caching firm PeerApp rounds up $8M
PeerApp Ltd., the Newton firm making caching systems for Internet video and multimedia content, has secured an $8 million funding round, according to a regulatory filing.

Friday, September 9, 2011

Blog: IT still the little big man in Mass.
MHT's James Connolly blogs: Even though the sprawling campuses of computer hardware companies are long gone, IT still means jobs in the Bay State. The fact that IT spending is stable may not be the best news, but it can provide some degree of comfort for all of the people in these varied companies, particularly when you drill down into the numbers.

Thursday, September 1, 2011

Life sciences IT firm Dotmatics grows in Woburn
Dotmatics Ltd., a privately held company that provides Web-based database integration and visualization tools for the life sciences industry, said it has moved to larger facilities in Woburn.

Tuesday, August 30, 2011

Blog: A message from Irene for the get-a-lifers
MHT's James Connolly blogs: We're spoiled; just ask Hurricane Irene. We think that by throwing a bunch of technology at a problem it not only will be fixed, but it will be flawless. Then, when the solution isn't perfect, we gripe.

Monday, August 29, 2011

Hurricane Irene's gone; get back to work
Hurricane Irene did her thing yesterday, even if the damage wasn't as bad as it could have been. Now, the business community has to get back to work, electricity permitting.

Monday, August 15, 2011

FusionStorm aims for $175M IPO
FusionStorm Global Inc., an information technology and cloud computing company, plans to sell up to $175 million of common stock to help pay for prospective mergers and pay off debt.

Friday, July 22, 2011

Halamka to resign from Harvard Med School CIO post
John Halamka, chief information officer at both Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical School (HMS), is stepping down from his post at HMS.

Tuesday, July 19, 2011

State Street 'IT transformation' impacts 800-plus
Financial services firm State Street Corp. today provided an update on the multi-year "IT transformation," that it announced in 2010.

Tuesday, July 5, 2011

Virtusa buys ALaS Consulting for $28M
Westborough information technology services firm Virtusa Corp. acquired nearly all of the assets of ALaS Consulting LLC for $27.8 million in cash, and has made ALaS the capital markets services division of Virtusa.

Tuesday, June 28, 2011

Bill Gates-backed startup Nimbus Discovery closes $24M funding
Nimbus Discovery LLC, a computational technology-based drug discovery firm in Cambridge, has closed a $24 million Series A funding round, co-led by Atlas Venture, SR One and Lilly Ventures. Microsoft Corp. founder Bill Gates returned to participate in funding as well.

Friday, June 24, 2011

MHT's Emerging Technology Forum looks at Superhero tech
From tabletop collaboration tools to brain control of remote devices and a powerful exoskeleton, innovators provided a glimpse into the future today during Mass High Tech's Emerging Technology Forum at Microsoft's NERD Center in Cambridge.

Wednesday, June 22, 2011

How I See It: Matching supply with IT demand
Winter, Wyman & Co. Partner and GM Tracy Cashman: In order to fill the voids left by the reductions of the last recession, as well as to support growth, companies desperately need to hire technical talent. In fact, one of the biggest challenges that companies face today is bringing on talented developers, especially in entry and mid-level roles.

Thursday, June 16, 2011

CIOs getting the message: Innovation is about the business
Innovation in information technology is not about making systems run faster; It's about understanding the business and matching technology to opportunities to move that business ahead, attendees heard from speakers at the New England CIO Innovation Summit, presented by Mass High Tech and Boston SIM, today.

Wednesday, June 8, 2011

New England CIO Innovation Awards: New England CIOs' innovation driving company success
In connection with the New England CIO Innovation Summit at the Babson Executive Education Center, MHT and SIM will honor the seven finalists in the New England CIO Innovation Awards program, and will announce the winners in each of three categories: Enterprise, Mid-sized Company and Public Sector/Education.