Telecom News

Wednesday, May 16, 2012

Active Broadband Networks triples office space
When Adam Dunstan and Chris Gunner co-founded Active Broadband Networks Inc. in 2005, no one believed that the future of broadband would be in managing subscribers based on their usage levels.

Thursday, April 26, 2012

Broadbrand program to woo companies to western Mass
Judy Dumont, director of the MassBroadband Institute, says that she’d like to see high-tech companies in eastern Massachusetts that want to expand to look to the west.
Radio Mobile Access lands $9.5M fundraise
A telecommunications startup based in Tewksbury has raked in $9.5 million in a Series A round of equity funding, according to federal documents filed late Wednesday.

Thursday, April 12, 2012

State grants $600K for technical training, equipment
Lt. Gov. Tim Murray, the Massachusetts Broadband Institute, and federal and state officials Thursday morning announced four grant awards from the Massachusetts Broadband Institute totaling $600,000. The grant will be used to enhance broadband adoption and support for small businesses and non-profit organizations.

Monday, April 2, 2012

Oxford Networks raises $4.8M for data center
A 112-year-old company with the word “telegraph” still in its officially-registered name has raised $4.8 million to launch a commercial data services center to offer what it says is the highest physical and infrastructure security in the state of Maine.

Monday, February 27, 2012

Ipswitch File Transfer taps former Akamai exec
Richard Kennelly has been named president of Ipswitch File Transfer’s file transfer division.

Thursday, February 23, 2012

UMass Medical uses smart phones to treat drug abuse
UMass Medical School researchers in Worcester used smartphone programming, artificial intelligence, biosensors, and wireless networks to develop a device to help treat drug abusers.

Wednesday, February 22, 2012

Tangoe taps UK’s ttMobiles for purchase
Three months, three acquisitions for Tangoe Inc., which Tuesday announced it had purchased ttMobiles Limited, a UK-based provider of mobile communications management solutions and services for undisclosed terms.

Tuesday, February 21, 2012

Ireland, BU team up on network traffic R&D
Researchers at Boston University’s Photonics Center have been tapped by Intune Networks, an early stage business in Dublin, Ireland, to be a testbed for the company’s new technology.

Wednesday, February 15, 2012

Lightower lines up $380M credit facility
Boxborough’s Lightower Fiber Networks LLC has landed a new $380 million credit facility, using GE Capital Markets of Norwalk, Conn., as joint bookrunner and joint lead arranger on the deal.

Tuesday, January 31, 2012

Silverlink socks away $2M in new funding round
Patient communications services company Silverlink Communications Inc. has landed $2 million of a planned $2.04 million Series D funding round.
Illume being bought by competitor Options Media
Illume Software Inc. is being acquired by Options Media Group Holdings Inc., a publicly traded Florida company that makes a software product similar to Illume's iZUP to prevent distracted driving.

Wednesday, January 11, 2012

Tangoe buys Montreal’s Anomalous Networks
Tangoe Inc., a Connecticut communications software company, has purchased Canadian company Anomalous Networks for an undisclosed amount, the company reported in a release.

Tuesday, December 20, 2011

Tangoe dips $23.5M into ProfitLine purchase
Fresh off its summertime IPO, Connecticut communications software company Tangoe Inc. paid $23.5 million Monday to buy ProfitLine Inc., a provider of telecom expense and mobility management services.

Monday, December 12, 2011

Acacia adds $3M from MassDevelopment for growth
Optical networking company Acacia Communications Inc. has won a $3 million credit line from MassDevelopment to expand its facilities in Maynard.

Friday, December 2, 2011

OnePIN pulls down $900K in new fundraise
Mobile social networking company OnePIN Inc. has raised $900,000 of a planned $1.3 million funding from a group of eight unnamed investors, a federal document shows.
Blog: Carrier IQ scandal proves the value of hackers
MHT News Editor Rodney Brown: The rapidly building Carrier IQ phone spyware scandal proves one thing. We need hackers...If it wasn't for the community of white-hat hackers that have been rooting smartphones since the first iPhone rolled off the assembly line, we might never have known about this invasion of our privacy.

Wednesday, October 26, 2011

Tekelec lawsuit sheds light on private VC deal
In a lawsuit that opens a rare window into the details of a merger involving a privately held target, some of the highest-profile venture capitalists in Massachusetts are fighting in court with telecommunications company Tekelec over millions of dollars in proceeds from a 2010 deal.

Friday, September 2, 2011

Zoom Telephonics presents $2.9M rights offering
Zoom Telephonics Inc. has proposed a rights offering to its shareholders through a filing with the U.S. Securities and Exchange Commission that, if completely subscribed, could bring in about $2.9 million to the Boston modem maker.

Wednesday, August 31, 2011

DOJ puts brakes on AT&T buy of T-Mobile
The planned purchase by AT&T of T-Mobile for $39 billion has hit a roadblock as the Department of Justice has filed an anti-trust suit to block the deal, saying in its filing that the sale would "remove a significant competitive force from the market."