Archive for February 2020
In unprecedented deal, Boston bank to be acquired by fintech firm
By acquiring Radius Bank, LendingClub would obtain the bank charter it’s desired. The two companies billed the deal as the first-ever acquisition of a bank by a U.S. fintech firm. Read More
Read MoreInside Raj Aggarwal’s new marketing tech startup
Boston-based Demand Sage launched just days after Localytics was acquired for $67.7 million, with Raj Aggarwal as CEO, Localytics co-founder Henry Cipolla as CTO and one of Localytics’ earliest employees as chief product officer. Read More
Read MoreTrump tweets support GE’s engine sales to China
The Wall Street Journal had reported over the weekend that the Trump administration was considering blocking such exports. Read More
Read MoreHubSpot, Kronos jump up Fortune’s ‘100 Best Companies’ list
Four Massachusetts companies were ranked among Fortune’s 100 Best Companies to Work For this year. Read More
Read MorePier 1, already closing stores in Mass., files for bankruptcy
The retailer is putting itself up for sale — and expects bids to be due by late March. Read More
Read MoreQuincy architectural firm names new president
The 24-member firm focuses on health care and medical facility design. Read More
Read MoreIpsen writes down $725M after largest-ever acquisition, trial woes
Less than one year after Ipsen SA made its largest-ever acquisition, the company has written down most of the deal’s value as a loss. Read More
Read MoreExamity’s new CEO is an edtech veteran
Examity, the Newton-based edtech company building an online proctoring platform, has a new CEO. Read More
Read MoreAmerican Family Care makes big acquisition in New England
American Family Care acquired 18 clinics in Massachusetts and Connecticut. Read More
Read MoreThese types of drugs are driving health care spending, state analysis says
State health care experts have pointed to nine types of drugs driving the majority of spending, the latest analysis of pharmaceutical industry data the state hopes can help rein in costs. In 2017, pharmacy spending was one of the largest drivers of spending, with 9.7 billion of the $61.1 billion spent on all health care…
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