Information Technology News

Monday, February 22, 2010

Report: Bain and Advent may buy Interactive Data
A little more than a month after it indicated it was open to hearing from buyers, Bedford’s Interactive Data Corp. is facing a possible buyout from Boston private equity firms Bain Capital Partners LLC and Advent International Corp.

Wednesday, February 17, 2010

The Mover: Akorri CEO has adapted through 40 years of tech revolutions
Allan Wallack became head of IT infrastructure-focused software firm Akorri Inc. in January. He brings the experience of having spent 40 of his 64 years in tech and a knack for adapting to new technology.

Tuesday, February 16, 2010

Staples launches 'Geek Squad'-like IT services for B2B
Staples Inc. is launching a business-to-business version of Best Buy’s Geek Squad, to be known as Staples Technology Solutions. The new unit will be under Staples Advantage, the business-to-business division of the Framingham-based office and technology supplies giant.

Friday, February 12, 2010

Mass. IT firms rebound with plans to hire
At least five of Massachusetts’ largest tech employers, from EMC Corp. to Akamai Technologies Inc., plan to boost local head count in 2010, and combined they will likely add 500 or more jobs in product management, engineering, sales and marketing, and other corporate function.
Panviva finds partners for IT standards
Startup Panviva Inc. is marketing software that helps businesses define the vital methods a company runs on and turn them into repeatable, trainable, standardized processes.

Tuesday, February 9, 2010

Gilbane Group acquired by research firm Outsell
The Gilbane Group, a Cambridge-based information technology analysis and consulting firm, has been acquired by California and London research and advisory firm Outsell Inc.
SiCortex co-founder Mucci dies of reported heart attack
John Mucci, co-founder of the recently closed high-performance computing company SiCortex Inc. of Maynard, died yesterday of an apparent heart attack, according to colleagues and news reports.

Wednesday, February 3, 2010

Policy Tracker: Mass. rep. complains of IT systems; Entrepreneurs don't plan to hire
Massachusetts Rep. Paul Donato, house chair of the Joint Committee on Municipalities and Regional Government, is pushing for regionalization of local services in cities and towns, particularly in the area of information technology systems; More than 70 percent of entrepreneurs don’t plan to hire additional employees this year, according to a survey conducted this month for the Kauffman Foundation.

Tuesday, February 2, 2010

PGP chooses ChosenSecurity as acquisition target
ChosenSecurity Inc. of Newton and its German subsidiary TC TrustCenter have been acquired by California-based encryption software company PGP Corp. The two companies provide a secure platform for electronic transactions in Internet or mobile environments.

Friday, January 29, 2010

GlassHouse narrows losses, files for $75M IPO
Less than a year after pulling the plug on a previous attempt to go public, GlassHouse Technologies Inc., a Framingham storage and virtualization consulting and services company, has filed to hold an initial public offering.

Friday, January 15, 2010

Interactive Data buys Dubai firm, said to be seeking own buyer
Just one day after acquiring a distributor of its financial market data services based in the United Arab Emirates, Bedford-based Interactive Data Corp. is looking at “strategic alternatives” for the company.

Monday, January 11, 2010

Oblicore bought by CA
Oblicore Inc., a venture capital–backed service-level management software provider, has been acquired by CA Inc., a New York IT management software company.
DRC nabs $13.6M in military IT deals
Dynamics Research Corp. has landed $13.6 million through two orders for IT services from Tricare Management Activity, the U.S. military’s health care plan.

Thursday, January 7, 2010

Carbonite brings in another $20 million
Carbonite Inc. has raised another $20 million in equity financing, the Boston-based consumer data backup company reports in a regulatory filing posted Thursday by the U.S. Securities and Exchange Commission.

Tuesday, January 5, 2010

FEMA awards IT contract to Dynamics Research
Dynamics Research Corp. reports it has landed $1.2 million from the U.S. Federal Emergency Management Agency for IT services. Under the contract, DRC will provide program and task management services and logistics, analysis and evaluation support to FEMA’s Office of External Affairs.
Gartner buys up Burton Group research firm
IT market research firm Gartner Inc. said it has acquired competitor Burton Group, based in Midvale, Utah, for $56 million in cash, in a deal finalized on December 30.

Thursday, December 31, 2009

Out after '09, In with '10
Mass High Tech staff members offered up their thoughts on which trends and technologies can fade away, or at least step back from the podium, with the passing of 2009, and what to watch for in the new year.

Thursday, December 17, 2009

Keane names Kaminsky CFO
Boston IT consulting firm Keane Inc. has named technology finance veteran David Kaminsky executive vice president and chief financial officer.

Tuesday, December 15, 2009

Samanta takes PlumChoice CTO role
Chanchal Samanta, a former executive at PatientKeeper, has joined PlumChoice as CTO, a newly created position for the Billerica-based remote help desk company.

Wednesday, December 9, 2009

PlumChoice pulls in $10M from Silicon Valley Bank
PlumChoice Inc. continues to fill its coffers, with its latest financing coming in the form of $10 million in debt funding from Silicon Valley Bank. That adds to the $14.7 million equity funding the Billerica company closed in September.