Archive for December 2020

Boston-based PTC Inc. is paying approximately one third more than its now second-largest acquisition to date to bring another company’s tools under its umbrella of software-as-a-service services. The acquisition of California-based Arena Solutions is PTC’s biggest acquisition ever, surpassing last year’s $470 million deal with Cambridge design software startup Onshape. Read More

Boston-based machine learning startup Indico, founded in 2014 by a group of Olin College engineers, has brought in a $22 million Series B round as it wraps on its "best year ever," in the words of CEO Tom Wilde. Read More

An entity connected with Boston-based Eaton Vance Management has acquired a fully leased logistics center in north Fort Worth, according to Tarrant County deed records. Read More

The company is divesting its core product line, its brand name and most of its team members in a carveout to Braintree-based Form.com. Read More

Massachusetts hospital officials say they will begin inoculating their workforces against coronavirus on Wednesday after receiving the vaccine early this week, as part of a nationwide vaccine distribution plan. Read More

Higher education’s existential crisis, brought on by years of demographic changes as well as the crushing weight of the coronavirus pandemic, is forcing schools to rapidly adopt strategies that were long discussed but rarely implemented. Read More

The group spoke about the financial fallout Covid-19 has caused their departments, which collectively generate about $450 million in football revenue in a normal fiscal year, with total athletics revenue nearly double that amount. Read More

Bob Coughlin, a former state representative who has led the Massachusetts Biotechnology Council as CEO and president for the past 13 years, announced in an email today that he plans to step down from the role early next year. Read More

After receiving emergency authorization from the Food and Drug Administration for its Covid-19 vaccine, Pfizer plans to produce the vaccine at several locations across the world, including one in Massachusetts. Read More

Five senators and seven House lawmakers wrote a letter to the state Insurance Commissioner on Friday urging him to order auto insurance companies to deliver another round of premium relief to drivers in light of reduced travel and accidents as a result of the Covid-19 pandemic. Read More