Public Offerings, Robotic Arm Aids, Automatic Ice Cream, & More

The last few days have seen a flurry of news from local tech companies. Here are a few of the items that piqued our interest—and our appetites:

—The board of India’s Megasoft Limited approved a deal to acquire Bedford, MA-based Boston Communications Group for $65 million, potentially ending what has been a rough ride for the local firm, a provider of products and services for the mobile telecom sector.

Cambridge-based Dyax and Newton-based Clinical Data each announced public stock offerings.

—Boston’s Myomo announced that it had received FDA approval for its first product, a wearable robotic aide for partially paralyzed arms.

—Taunton-based MooBella, which makes vending machines that manufacturer and dispense ice cream on the spot, closed a $25 million financing round.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.