Archive for October 2019
Largest Clean Energy Companies in Massachusetts
Rank Firm/Prior rank (*unranked in 2018)/ Total Mass. employees as of Oct. 1, 2019 Total employees (all offices) Total 2018 revenue Type of clean energy products/services Top local executive(s) 1 Schneider Electric, 800 Federal St., Andover, MA 01810, 978-794-0800, schneider-electric.com.us/en, https://www.bizjournals.com/profile/company/org_ch_af6f50005ba252d48d05b9c3c82654d8 2000 144000 25000000000 Leverages EcoStruxure — its open, interoperable, IoT-enabled system architecture and platform……
Read MorePTC to buy Cambridge’s Onshape for $470M in ‘biggest acquisition ever’
In an exclusive interview, Jim Heppelmann, president and CEO of PTC, confirmed to the Boston Business Journal that Cambridge-based Onshape is the “biggest acquisition ever in PTC’s history” and shared more details about the future of the company within PTC. Read More
Read MoreConnecticut REIT sells office portfolio for $13.7M
The two buildings are 100% occupied with tenants including Virtua Health and Raymond James. Read More
Read MoreSessionM CEO mum on company’s future after acquisition by Mastercard
Mastercard Inc. (NYSE: MA) is acquiring a local marketing tech startup in a move that could help the financial service giant expand its services for retailers and other brands—but that leaves open questions about the immediate future of the Boston-based startup. Read More
Read MoreiRobot shares fall to three-year low as CEO cites China tariffs
While revenue grew 9 percent year-over-year for the three-month period from July to September, the company lowered its full-year revenue guidance for the second quarter in a row amid what CEO Colin Angle called “challenging market conditions in the United States.” Read More
Read MoreDrugmaker Alkermes cuts 160 jobs in effort to lower expenses
Alkermes CEO Richard Pops said during an earnings call that research and development staff will be included in the layoffs. Read More
Read MoreCVS signs deal with UPS’ new ‘drone airline’ subsidiary
UPS said it’s built on the company’s industry-first, hospital network-focused drone delivery program by signing new customers. Read More
Read MoreState senators developing their own health care legislation
Days after Gov. Charlie Baker proposed a wide-ranging health care bill, the president of the Massachusetts Senate said senators are working on their own health care legislation this session, one that may be proposed in parts to better chances of success. Read More
Read MoreMass. lawmakers urged to pause, regulate face recognition
Warning that facial-recognition surveillance is unreliable and could violate civil rights, dozens of speakers packed a legislative committee hearing to call for a statewide pause on government use of the technology. Read More
Read MoreRoku to acquire Boston ad-tech company for half of its reported valuation
DataXu was valued at $390 million in 2016, but the $150 million purchase price is similar to DataXu’s valuation in 2012, according to PitchBook. Read More
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