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 LabsDigital Reef Inc. has replaced its founding CEO, importing Bob Lentz, formerly CEO at PermissionTV Inc., into its corner office. The Boxborough-based maker of e-discovery software announced the appointment in a press release this morning. Lentz replaces founder Steve Akers, who will now take the role of CTO. Digital Reef started up quietly in 2006 Read more
Category: Digital Reef, Mass High Tech, PermissionTVBBN 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 TechTwo 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, VentureFizzWakefield-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 TechPhase 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, XconomyWhen 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, XconomyFive 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 GlobePart-time plotters brought their cherished, outlandish ideas to Betahouse last Thursday for a party — the first of many — hosted by the Awesome Foundation. The foundation’s 12 trustees each contribute about $100 a month to pay for $1,000 monthly grants to do something “awesome.” The trustees who were on hand for last Thursday’s meeting at the Cambridge Read more
Category: Awesome Foundation, Betahouse, Mass High TechVenture capital investors say a recovery is under way for the startup economy, and New England is taking part, despite reports released over the past week showing the region lagged behind the nation overall in a second-quarter reversal of venture dollars’ yearlong downward trend. Nationwide, across all sectors, venture-backed companies took in Read more
Category: Mass High Tech, Venture Capital