News listing

BBN dealt $14M DOD translation contract

Jul 28, 2009
Publisher: Mass High Tech

BBN Technologies Corp. reports it has landed $14 million from the Defense Advanced Research Projects Agency for language translation technology. The deal extends BBN’s Global Autonomous Language Exploitation (GALE) program into its fourth year out of a possible five. During the project’s first three years, BBN developed technology for the automatic Read more

Category: BBN Technologies, Mass High Tech

Pair of web play startups serve up Hub info

Jul 28, 2009
Publisher: Mass High Tech

Two new sites are offering themselves up as hubs of all things Boston. One is tracking Beantown’s Twitter memes; the other is mapping the Bay State’s high-tech economy by aggregating job postings, company profiles, news feeds and influential tech blogs in one place. Happn.in, a site based in Amherst, now tracks frequently mentioned phrases on the Read more

Category: Happn.in, Mass High Tech, VentureFizz

IBM Snaps Up Security Software Firm Ounce Labs

Jul 28, 2009
Publisher: Xconomy

IBM announced today that it has acquired Waltham, MA-based security and compliance software firm Ounce Labs for an undisclosed amount. The move could help Big Blue meet its clients’ growing need to reduce the costs and risks associated with increasingly complex security and business regulations and policies. Corporations constantly struggle with security and compliance issues, especially as enterprise systems increase in Read more

Category: IBM, Ounce Labs, Xconomy

IBM buys security software play Ounce Labs

Jul 28, 2009
Publisher: Mass High Tech

IBM Corp. (NYSE: IBM) reports it has acquired Ounce Labs Inc. for undisclosed terms. The acquisition is the Armonk, N.Y.-based computing giant’s 13th in Massachusetts since 2003. The privately held Waltham-based company makes security and compliance software. In a press release issued this morning, IBM said it plans to integrate Ounce Labs’ Read more

Category: IBM, Mass High Tech, Ounce Labs

Silverlink Makes A Science of Healthcare Communication

Jul 27, 2009
Publisher: Xconomy

When Merck recalled its arthritis drug Vioxx on September 30, 2004, Connecticut-based online pharmacy FamilyMeds wasted no time notifying customers. Within three hours after the recall was announced, an automated telephone system began calling Vioxx users to inform them about the change. But there was a twist—to comply with the federal healthcare privacy Read more

Category: Enterprise Software, Healthcare & Life Sciences, Silverlink, Xconomy

CourseAdvisor changes name, location

Jul 27, 2009
Publisher: Mass High Tech

Wakefield-based CourseAdvisor Inc. has changed its name to Avenue100 Media Solutions Inc., and is moving to a new headquarters in Woburn in order to accommodate a doubling of its current staff, planned for the coming two years. The name change is intended to reflect a broadening of the digital marketing company’s business model beyond higher Read more

Category: Avenue100 Media Solutions, CourseAdvisor, Mass High Tech

Phase Forward Acquires Maaguzi

Jul 27, 2009
Publisher: Xconomy

Phase Forward (NASDAQ: PFWD), the Waltham, MA-based maker of software used by pharmaceutical companies to manage data collection and analysis during clinical trials, said today that it has acquired Indianapolis, IN-based Maaguzi for $11 million in cash. Maaguzi operates a Web-based service used to collect data reported directly by Read more

Category: Phase Forward, Xconomy

Fantasy game may be a tough pitch | Former ace Curt Schilling needs backers to fulfill his latest ambition

Jul 26, 2009
Publisher: The Boston Globe

Five days a week, retired Red Sox pitching ace Curt Schilling drives to his new job at an old mill complex in Maynard. Schilling is the hands-on founder, chairman, and primary investor at 38 Studios, a start-up that is building an online video game code-named Project Copernicus. Instead of scouting opposing hitters and strategizing with his catcher, Schilling now recruits executives and reviews the design of characters Read more

Category: 38 Studios, Gaming, The Boston Globe

Iron Mountain’s Brennan on the information boom

Jul 24, 2009
Publisher: Mass High Tech

Since taking over for longtime CEO C. Richard Reese a year ago, Bob Brennan’s mission has been to advance his company’s digital transformation. The CEO of Iron Mountain Inc., the Boston records management giant, is also trying to navigate a slumping overall tech spending market and new competition from established IT players. To do both, Read more

Category: Iron Mountain, Mass High Tech

Matrix Partners closes $600M ninth fund

Jul 24, 2009
Publisher: Mass High Tech

Matrix Partners has closed a $600 million ninth fund, the company reports today, achieving a fundraising target that first surfaced in regulatory documents earlier this week. Documents posted by the U.S. Securities and Exchange Commission showed Matrix setting a target of $450 million for its main fund in Matrix Partners IX, and raising a supplemental fund Read more

Category: Mass High Tech, Matrix Partners, Venture Capital