Archive for December 2019
Private equity will keep on scooping up tech firms in 2020, say experts
Private equity’s deep pockets will continue to provide cash-rich exits for local tech companies in 2020, as they did in six-figure deals such as Acquia and LogMeIn, experts say. Read More
Read MoreMassive South Station air-rights tower to start construction
A deal, closed just before Christmas, will kickstart a project that’s been in the works for nearly two decades. Read More
Read MoreGillette parent P&G’s 2019 by the numbers
Procter & Gamble Co. logged some eye-catching numbers this year, including a continuing surge in organic sales and an all-time high for the value of the company’s stock in December. Read More
Read MoreMass. logistics company acquires 900,000 sq. ft. Memphis facility
A Massachusetts-based terminals and logistics infrastructure company is expanding its Memphis operations. Read More
Read MoreCarbonite’s former general counsel lands role at NH software firm
The longtime general counsel of Carbonite, who left a few weeks before the Boston-based tech company was acquired in a $1.45 billion deal, has landed the same role at another public software firm. Read More
Read MoreCompromise allows rail Chinese-owned car company to keep seeking new U.S. work
The 122 production employees at CRRC MA’s mammoth rail car factory celebrated Washington compromise that allows the company to seek new contracts despite opposition to the Chinese-owned manufacturer. Read More
Read MoreWPI financing new building through $114M bond
Worcester Polytechnic Institute is planning a five-story, 100,000-square-foot academic building. Read More
Read MoreMilestone reached on Verizon tower at Hub on Causeway
The 31-story office tower celebrated its topping-off ceremony last week, a milestone in a construction project when a structure has reached its highest point. Read More
Read MoreCheck out the state cannabis commission’s new Worcester headquarters
The Cannabis Control Commission moved into new offices starting Nov. 26, marking its official relocation of its headquarters to the “Heart of the Commonwealth.” Read More
Read MoreBeacon Hill plans jobs bill in 2020
There’s hope as 2019 ends for a new North American trade deal in 2020 and advancement of an election-year federal infrastructure bill, but a jobs bill will also come into play on Beacon Hill next year and its roots have already been planted. Read More
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