News listing

AspenTech settles Honeywell lawsuit

Jul 7, 2009
Publisher: Mass High Tech

Software developer Aspen Technology Inc. said late Monday it had settled litigation and related regulatory issues surrounding a government-required sale of assets to Honeywell International Inc. Burlington-based Aspen opted to settle the matter to avoid spending any more time and resources on “issues that in our view were settled in 2004,” said the company’s Read more

Category: AspenTech, Mass High Tech

EMC raises stakes in bidding war

Jul 7, 2009
Publisher: The Boston Globe

EMC Corp. has jacked up its offer for Data Domain Inc. to more than $2.1 billion in its latest effort to win a bidding war against rival NetApp Inc. EMC yesterday increased its all-cash offer for Data Domain’s 62.9 million outstanding shares by more than 10 percent, from $30 to $33.50 per share. “Our calculus was that this was the price that would be Read more

Category: EMC, The Boston Globe

Progress Software founder gets golden parachute

Jul 7, 2009
Publisher: Boston Business Journal

Joseph Alsop, the founder and former CEO of Progress Software Corp., stands to collect roughly $5 million in stock options and other compensation tied to his recent departure from the company. In a regulatory filing late Tuesday, Progress (Nasdaq: PRGS) said it accelerated the vesting periods of Alsop’s portfolio of stock options, which total more than Read more

Category: Boston Business Journal, Progress Software

Akamai Delivers Live, High-Quality Video to the iPhone

Jul 6, 2009
Publisher: Xconomy

For a long time, watching video on the Apple iPhone meant YouTube or nothing—and it only worked if you were within range of a Wi-Fi network. But now Cambridge, MA-based content distribution firm Akamai is helping many of its customers optimize live and recorded video for direct delivery to iPhones. Which, in effect, turns Apple’s devices into mobile Read more

Category: Akamai, Xconomy

Small start-up takes an idea and runs with it

Jul 5, 2009
Publisher: The Boston Globe

Last June, Leah Busque quit her job at IBM. It was the first job she’d had since graduating from college in 2001, and she was a software developer on the fast track there. But ever since she and her husband had run out of dog food a few months earlier, Busque had become obsessed with a start-up idea: creating a network of “runners’’ around Read more

Category: Consumer Web, RunMyErrand, The Boston Globe

Airvana, Starent Networks, Acme Packet still growing in telecom

Jul 2, 2009
Publisher: Mass High Tech

It may not be sexy, but providing the backbone for mobile broadband and Internet telecommunications services is proving to be a sweet spot for several local firms. In the roughly two years since going public, Burlington-based Acme Packet Inc., Chelmsford-based Airvana Inc. and Tewksbury-based Starent Networks Inc. have all managed to remain profitable Read more

Category: Airvana, Mass High Tech, Starent Networks

How people are using social media

Jul 2, 2009
Publisher: Mass High Tech

Social media has its share of different roles, according to Forrester Research Inc., which segments users into six categories. Most people are still "spectators": 77% The number of business technology decision-makers who engage in social media on the job. 51% Business technology decision makers who feel social media doesn’t play Read more

Category: Mass High Tech, Social Media

Sapient buys N.Y. firm Nitro Group

Jul 2, 2009
Publisher: Mass High Tech

Sapient Corp. reports it has purchased New York-based advertising network Nitro Group Ltd. in a stock transaction that is valued at around $4 million. Boston-based Sapient (Nasdaq: SAPE) will issue 404,130 shares of restricted stock to ten unnamed people as part of the deal, and an additional 352,302 stock units with different restrictions that Read more

Category: Mass High Tech, Sapient

Fast pace, less funding define TechStars

Jul 2, 2009
Publisher: Mass High Tech

At 9:45 a.m. on a rainy Monday, no one at TechStars answered the doorbell. I had been warned of late starts at the Cambridge branch of this startup incubator and assumed I was the first to get there to witness a day in the life of the three-month program. It turns out, I wasn’t: At least three entrepreneurs were inside, heads down, ignoring the doorbell Read more

Category: AccelGolf, Amp Idea, Mass High Tech, OneForty, TechStars

Social media's value not measured by friend counts

Jul 2, 2009
Publisher: Mass High Tech

All marketers are striving to build customers who incorporate their products and brand experience stories into their social lives. But a look at the online social world shows that not all customers are equal in their social behavior. Influence can’t be measured by how many followers someone has on Twitter, or the number of friends they have on Facebook. Instead, Read more

Category: Andrea Harrison, Mass High Tech, Social Media, Twitter