Not many CEOs of publicly traded companies tell Wall Street that they are willing to sacrifice profits for the next few quarters to preserve the long-term health of their R&D operations. So I was eager to hear Rob Friel, CEO of Waltham, MA-based PerkinElmer, explain why he thinks this strategy makes sense for his company, … Continue reading “PerkinElmer Sacrifices Short-Term Profit to Preserve R&D, Buy Technologies on the Cheap”
FetchDog Receives $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6c52e112-6219-460e-a9e2-182be7a005f5&Preview=1 Date 2/10/2009 Company Name FetchDog Mailing Address 100 Fore St Portland, ME 04101 Company Description FetchDog began as the dream of a bunch of dog-crazy friends with a common complaint—why was there no great place online to shop for our dogs or to connect with dog experts and other dog lovers? … Continue reading “FetchDog Receives $4,000,000 New Funding Round”
Mpex Pharmaceuticals Secures $27,500,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=35207a8e-9411-41ab-8fe3-fad09213ff40&Preview=1 Date 2/10/2009 Company Name Mpex Pharmaceuticals Mailing Address 11535 Sorrento Valley Road San Diego, CA 92121 Company Description Mpex Pharmaceuticals is focused on the discovery and development of new anti-bacterial drugs that meet the growing clinical need created by multi-drug resistant bacterial pathogens. Website http://www.mpexpharma.com/ Transaction Type Venture Equity Transaction Amount … Continue reading “Mpex Pharmaceuticals Secures $27,500,000 Series D Round”
Black Duck Software Inc. Secures $5,000,000 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=069746fe-c80a-4491-b843-4d63e2bb4c25&Preview=1 Date 2/10/2009 Company Name Black Duck Software Inc. Mailing Address 265 Winter Street, North Entrance Waltham, MA 02451 Company Description Black Duck Software(TM) is the leading provider of automated software compliance management solutions that help companies govern how software assets are created, managed and licensed. Website http://www.blackducksoftware.com Transaction Type Venture Equity … Continue reading “Black Duck Software Inc. Secures $5,000,000 Series D Financing Round”
PivotLink Corporation Receives $10,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b8b73cf-1526-498e-a464-f688bd895c01&Preview=1 Date 2/10/2009 Company Name PivotLink Corporation Mailing Address 15325 SE 30th Place Bellevue, WA 98007 Company Description PivotLink is the provider of business intelligence solutions that meet the needs of organizations in a variety of industries. Our PivotLink Solutions™ and the PivotLink Framework™ data platform put the full power of business … Continue reading “PivotLink Corporation Receives $10,000,000 Series C Round”
Outright Garners $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54bf0bd5-4bee-4a4c-af14-3e7764495b04&Preview=1 Date 2/10/2009 Company Name Outright Mailing Address 393 E Campbell Ave Campbell, CA 95008 Company Description Outright was created after watching a number of small businesses like ourselves struggle to capture all of their business deductions, often piecing together a number of different solutions. Whether it was sticking every possible receipt … Continue reading “Outright Garners $2,000,000 New Funding”
Omni-ID Secures $15,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=338f141f-5d04-4d4e-b1d3-401f0b811da6&Preview=1 Date 2/10/2009 Company Name Omni-ID Mailing Address 1065 East Hillsdale Boulevard Foster City, CA 94404 Company Description At Omni-ID, innovation is everything. It’s what separates us from the world of conventional RFID thinking. It’s what enables our products to meet the real-world challenges of asset tracking, supply chain management, and other … Continue reading “Omni-ID Secures $15,000,000 New Funding Round”
HX Diagnostics Secures $3,120,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=910f7642-d60a-4512-853a-b300a8cb90d6&Preview=1 Date 2/10/2009 Company Name HX Diagnostics Mailing Address 5980 Horton Street Emeryville, CA 94608 Company Description HX Diagnostics, Inc. is a San Francisco Bay Area diagnostics company with a mission to be a global leader in rapid diagnostics for seasonal and emerging infectious diseases. The company is focused on the development … Continue reading “HX Diagnostics Secures $3,120,000 Series A Funding Round”
Zoom Systems Secures $20,000,000 Series E Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30dc3bfc-4ae2-46f9-aa88-c9278af7798f&Preview=1 Date 2/10/2009 Company Name Zoom Systems Mailing Address 625 Second Street San Francisco, CA 94107 Company Description The San Francisco company runs “robotic stores” — essentially fancy vending machines selling high-end products like iPods or pre-paid cell phones — in high traffic retail areas Website http://www.zoomsystems.com Transaction Type Venture Equity Transaction … Continue reading “Zoom Systems Secures $20,000,000 Series E Round”
Valu Valu, Led by Ex-Microsofties, Wants to Find You the Right Price for Anything
Among the current crop of ex-Microsofties building software startups, Emmanuel Marot is unique. Not just because he hails from Niort, a town in western France, by way of Paris (or for his impeccable fashion sense), but because he is trying to do something fundamentally new with Internet commerce. It’s called scientific pricing, and it works … Continue reading “Valu Valu, Led by Ex-Microsofties, Wants to Find You the Right Price for Anything”
Black Duck Raises $9.5M
Waltham, MA-based Black Duck Software, which makes systems that help software makers track the open-source and third-party code going into their products and assure that the proper licenses are in place, said today that it has closed a $9.5 million Series D funding round. The round began in November with a $3 million first tranche; … Continue reading “Black Duck Raises $9.5M”
Puget Energy Goes Private for $7.4B
Bellevue, WA-based Puget Energy announced the completion of its $7.4 billion acquisition by Puget Holdings, a syndicate of Macquarie Infrastructure Partners, Macquarie Capital Group, CPP Investment Board, British Columbia Investment Management, Alberta Investment Management, and Macquarie-FSS Infrastructure Trust. Puget Energy has been de-listed from the New York Stock Exchange.
Countdown to Physics for Future Presidents—See You This Afternoon!
We’re looking forward to seeing you today at Xconomy’s San Diego premiere, an entertaining and eye-opening presentation on Physics for Future Presidents by UC Berkeley’s Richard A. Muller. Online registration for the event, which is here, closes at noon and walk-in registrations begin at 3:30 pm The presentation begins at 4 pm—hope to see you … Continue reading “Countdown to Physics for Future Presidents—See You This Afternoon!”
Indevus: Mixed Results with HIV Blocker
Indevus Pharmaceuticals (NASDAQ:[[ticker:IDEV]]) says that a clinical study of its anti-HIV microbicide sponsored by the National Institutes of Health showed the treatment was safe but did not show statistically significant benefits. The 3,100-patient study showed that the drug—a vaginal gel applied before intercourse—lowered the risk of infection by 30 percent, shy of the study’s goal … Continue reading “Indevus: Mixed Results with HIV Blocker”
Auth, O’Donnell Join Academy
Two University of Washington professors, Matthew O’Donnell and David Auth, have been elected to the National Academy of Engineering. Auth, an affiliate University of Washington professor (and Xconomist) developed a minimally invasive drill for clearing out clogged coronary arteries that led to the founding of Redmond, WA-based Heart Technology. O’Donnell came to UW in 2006 … Continue reading “Auth, O’Donnell Join Academy”
TTM Cuts 369 Jobs in Redmond
TTM Technologies, a Santa Ana, CA-based maker of printed circuit boards for electronics, is closing its facility in Redmond, WA, according to the Washington State Employment Security Department. The closure affects 369 workers, and is effective March 16, 2009. TTM has about 4,000 employees, spread among its facilities in California, Washington, Utah, Connecticut, Wisconsin, and … Continue reading “TTM Cuts 369 Jobs in Redmond”
Amazon Launches Kindle 2
At a press conference this morning in New York City, Amazon CEO Jeff Bezos officially unveiled the Kindle 2, the second version of the Seattle-based e-retailer’s popular e-book reading device. Like its predecessor, the Kindle 2 features an electronic-paper screen devised by Cambridge, MA-based E Ink. But Bezos detailed a number of new features, including … Continue reading “Amazon Launches Kindle 2”
GI Dynamics Gains $15 Million to Help Patients Lose Weight
GI Dynamics has tapped previous investors to add $15 million to its third round of venture capital, giving the Lexington, MA-based firm more cash to develop its intestinal liner for the treatment of obesity and Type 2 diabetes. The company confirmed news of the financing, which was reported this morning by PE Hub. The new … Continue reading “GI Dynamics Gains $15 Million to Help Patients Lose Weight”
Atlanta TV Group is Backchannelmedia’s First Paying Customer
Boston’s Backchannelmedia, whose “clickable TV” system embeds links in broadcast TV signals that consumers can activate with their remote controls to receive information about a program or a product via e-mail, said today that Gray Television (NYSE: [[ticker:GTN]]) of Atlanta will roll out the Backchannelmedia system to its 36 local broadcast stations. That brings the … Continue reading “Atlanta TV Group is Backchannelmedia’s First Paying Customer”
IRobot Co-Founder Greiner Launches Stealth Robotics Company, The Droid Works
Massachusetts’ growing robotics cluster just got bigger. For the second time in less than six months, an iRobot co-founder has launched a robotics startup. Helen Greiner told me in an e-mail yesterday that she has formed a stealth company called The Droid Works. “Our first project is in the UAV [unmanned aerial vehicle] space, and … Continue reading “IRobot Co-Founder Greiner Launches Stealth Robotics Company, The Droid Works”
Washington State Should Flex Software Muscle to Grab Lead in Cleantech, Says Michael Butler
How will President Obama’s proposed economic stimulus package affect the energy and cleantech industry in the Northwest? We’ve been hearing a lot of rumblings on this front lately. To help sort it all out, I spoke with Michael Butler, chairman and CEO of the Seattle investment bank Cascadia Capital, which is heavily involved with energy … Continue reading “Washington State Should Flex Software Muscle to Grab Lead in Cleantech, Says Michael Butler”
The Greater Boston Diabetes Cluster
More than one of our readers has noted recently that the Boston area is home to a mighty cluster of companies dedicated to providing new treatments and devices for diabetics. So, after a bit of investigation, we’ve compiled a list of local firms that represent some of the most promising advances in diabetes care. Of … Continue reading “The Greater Boston Diabetes Cluster”
Two Simple Ways to Revitalize Seattle Biotech
Seattle’s biotech community used to be among the top-ranked in the nation. But as some 2,500 layoffs have piled up in the local biotech sector since 2002, Seattle has tumbled in the rankings. We need to face up to this fact first, before we can think seriously about how to get back on our feet … Continue reading “Two Simple Ways to Revitalize Seattle Biotech”
Behind the Prize at the X Prize: A New Model For Venture Capital
At a time when many people are saying the traditional venture capital model is broken, an influential Internet pioneer has developed a fundamentally different concept for investing in innovation. San Diego resident Lee Stein explained his concept to me in a long conversation last week. He already has given shape to his idea in the … Continue reading “Behind the Prize at the X Prize: A New Model For Venture Capital”
Hey, Don’t Forget the Puget Sound Life Sciences Universe!
Techies, with their cool iPhone apps and Internet software, get all the attention. So a couple of Seattle biotechies squawked at me a couple weeks ago when the Washington Technology Industry Association unveiled an academic study that traced the origins of the “Puget Sound Tech Universe” over the past three decades. The WTIA study examined … Continue reading “Hey, Don’t Forget the Puget Sound Life Sciences Universe!”
SynergEyes Gets $13.3M, Carl Icahn Aims to Shake Up BiogenIdec Board, Layoffs Mount, & More San Diego BizTech News
San Diego’s biotech executives may be hearing billionaire investor Carl Icahn’s name more often than they care to. We begin our roundup today with Icahn, who has been increasing his stake in and demanding changes at San Diego’s Amylin Pharmaceuticals (NASDAQ: [[ticker:AMLN]]), also wants to shake up management at Biogen Idec, which is based in Cambridge, … Continue reading “SynergEyes Gets $13.3M, Carl Icahn Aims to Shake Up BiogenIdec Board, Layoffs Mount, & More San Diego BizTech News”
Clean Energy Council Expands Executive Retraining Program
Breaking into the cleantech business brings lots of unique challenges—and to equip more entrepreneurs to handle them, the New England Clean Energy Council (NECEC) launched a fellowship program last April aimed at retraining CEOs from the information technology, life sciences, and telecom worlds. A dozen former CEOs spent the summer of 2008 learning the energy-industry … Continue reading “Clean Energy Council Expands Executive Retraining Program”
GI Dynamics Garners $15,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=004d6a54-32e5-464c-9506-59cd771aa1dc&Preview=1 Date 2/9/2009 Company Name GI Dynamics Mailing Address One Maguire Road Lexington, MA 02421 Company Description GI Dynamics has developed novel devices that are delivered into the gastrointestinal tract using minimally invasive techniques. Website http://www.gidynamics.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series C Proceeds Purposes Proceeds purposes were … Continue reading “GI Dynamics Garners $15,000,000 Series C Funding Round”
Sendio, Inc. Receives $3,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a0043da4-c2b7-42cd-a6ba-375938ce01fa&Preview=1 Date 2/9/2009 Company Name Sendio, Inc. Mailing Address 1176 Main Street Irvine, CA 92614 Company Description Sendio builds a box that kills unwanted emails with Sender Address Verification , which empowers users by transparently accepting messages based on who sent them, rather than relying on filters to reject unwanted messages. Unwanted … Continue reading “Sendio, Inc. Receives $3,000,000 Series B Funding”
SolFocus Lands $19,280,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e94df74-6ccf-4704-b69c-0146cc03fd50&Preview=1 Date 2/9/2009 Company Name SolFocus Mailing Address 510 Logue Avenue Mountain View, CA 94043 Company Description SolFocus develops and markets products that generate electricity using concentrator solar photovoltaics. Website http://www.solfocus.com Transaction Type Venture Equity Transaction Amount $19,280,000 Transaction Round Series C Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “SolFocus Lands $19,280,000 Series C Funding”
Alios BioPharma Garners $8,400,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a993878-260f-4a78-b278-251349bd3046&Preview=1 Date 2/9/2009 Company Name Alios BioPharma Mailing Address 101 A Hickey Boulevard South San Francisco, CA 94080 Company Description Alios is discovering and developing novel therapeutic agents based on three platform technologies including: small molecule activators of innate immunity antiviral pathways (RNase L activation), phosphate protected nucleotide prodrug chemistry, and glycoprotein-engineering … Continue reading “Alios BioPharma Garners $8,400,000 Series A Financing”
diaDexus Obtains $9,200,000 Series F Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce3b3cdc-60d5-4a69-83b2-4e5918e8996c&Preview=1 Date 2/9/2009 Company Name diaDexus Mailing Address 343 Oyster Point Boulevard South San Francisco, CA 94080-1913 Company Description diaDexus was formed in 1997 as a joint venture by SmithKline Beecham and Incyte. SmithKline Beecham granted diaDexus an exclusive license to certain diagnostic intellectual property, and Incyte contributed free access to its … Continue reading “diaDexus Obtains $9,200,000 Series F Financing Round”
Enquisite Obtains $8,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a49f7a87-bf81-4479-9062-61292ab4f555&Preview=1 Date 2/9/2009 Company Name Enquisite Mailing Address 649 Mission Street 5th floor San Francisco, CA 94105 Company Description Enquisite Inc. is a search marketing analytics and metrics provider with offices in San Francisco, CA and Victoria, British Columbia. Founded in 2006, Enquisite offers search marketers unparalleled insights into visitor behavior from … Continue reading “Enquisite Obtains $8,000,000 New Funding”
Cake Financial Garners $1,260,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f263860-3c14-4e51-bd4e-b34b86dece5f&Preview=1 Date 2/9/2009 Company Name Cake Financial Mailing Address 500 Third Street San Francisco, CA 94107 Company Description Cake Financial is the next way to invest. It’s an investing website that gives you the kind of portfolio information your broker can’t or won’t. And it gives you new investment ideas based on … Continue reading “Cake Financial Garners $1,260,000 Series A Funding”
Golden Gateway Financial Lands $5,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0831a7e5-bc36-42d7-a363-c94aa1ef70cb&Preview=1 Date 2/9/2009 Company Name Golden Gateway Financial Mailing Address 484 9th Street Oakland, CA 94607 Company Description Golden Gateway Financial offers you the power of the Internet with a personalized hands-on approach to service. Our process is solely designed for you to compare, choose and get the right reverse mortgage. Website … Continue reading “Golden Gateway Financial Lands $5,000,000 Series A Funding”
M-Factor Secures Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6065cb7-1dff-4ab2-9c22-dddf0cb967c4&Preview=1 Date 2/9/2009 Company Name M-Factor Mailing Address 1400 Fashion Island Boulevard San Mateo, CA 94404 Company Description M-Factor provides marketing investment management solutions that keep analysis up to date and reveal choices with the best bottom-line results. Website http://www.m-factor.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series D Proceeds … Continue reading “M-Factor Secures Series D Financing Round”
Cohu Eliminates 60 Jobs
San Diego’s Cohu (NASDAQ: [[ticker:COHU]]), which makes test-handling equipment for semiconductor manufacturers, disclosed some “headcount reductions,” without being more specific, when it reported its fourth-quarter financial results on Thursday. This afternoon, I tracked down Cohu chief financial officer Jeffrey Jones, who said the company laid off 60 employees, which consisted of roughly 40 workers in … Continue reading “Cohu Eliminates 60 Jobs”
SiOnyx Expands to Oregon
Beverly, MA-based SiOnyx, the developer of “black silicon” solar and imaging devices that we profiled when it came out of stealth mode back in October, said last week that it has opened a West Coast engineering center in Beaverton, OR. Leading the Oregon office will be Homayoon Haddad, SiOnyx’s new vice president of device engineering, … Continue reading “SiOnyx Expands to Oregon”
Amazon to Put E-Books on Phones
Seattle-based Amazon is planning to make its Kindle e-books available on mobile phones, according to the New York Times, which cited an Amazon spokesman. Yesterday, Google said it had made 1.5 million books available to read on the iPhone, T-Mobile G1, and other devices. Amazon is expected to roll out a new version of its … Continue reading “Amazon to Put E-Books on Phones”
Razorfish Cuts 70 West Coast Jobs
Seattle-based Razorfish, an online advertising company, has confirmed it has laid off about 70 people in Seattle, Portland, San Francisco, and Los Angeles, according to the Seattle Times. Razorfish is an independent subsidiary of Microsoft, acquired in the Redmond firm’s 2007 deal for aQuantive.
Gaming Guru Alex St. John on Amazon, Business Models, and the Future of Casual Games
It’s always interesting when a huge player dives into an established market. Will they radically shift the dynamics and displace their competitors? Or will they be too slow to innovate, and sink to the bottom like a bloated whale? Earlier this week, when Amazon officially entered the downloadable casual games market (offering games for $9.99 … Continue reading “Gaming Guru Alex St. John on Amazon, Business Models, and the Future of Casual Games”
Hybrid Contact Lens-Maker SynergEyes Gets $13.3M in Venture Round
During a recent discussion on the outlook in San Diego for venture funding in biotech, Sofinnova Ventures’ David Kabakoff noted that one way VCs are coping with the downturn is by broadening the syndication of their deals. That’s apparent in the $13.3 million in Series C funding announced today by SynergEyes, a Carlsbad, CA, startup that’s … Continue reading “Hybrid Contact Lens-Maker SynergEyes Gets $13.3M in Venture Round”
FDA Approves First Drug Made From Bioengineered Goats
Who says the FDA isn’t open to new ideas? The U.S. drug agency has given the green-light to GTC Biotherapeutics, a small biotech company in Framingham, MA, to market the first drug in the U.S. ever derived from genetically modified animals. GTC Biotherapeutics (NASDAQ: [[ticker:GTCB]]) and partner Ovation Pharmaceuticals of Deerfield, IL, said today that … Continue reading “FDA Approves First Drug Made From Bioengineered Goats”
Physics For Presidents—And the Voters Who Elect Them! Get Ready for Xconomy’s First San Diego Event
If President Obama ever has a question about the asteroid that killed the dinosaurs, he can just pick up his Presidential Blackberry and call or e-mail Secretary of Energy Steven Chu, the Nobel Prize-winning physicist. Of course, the President of the United States could just as easily call Richard A. Muller—the U.C. Berkeley professor who … Continue reading “Physics For Presidents—And the Voters Who Elect Them! Get Ready for Xconomy’s First San Diego Event”
Carl Icahn Aims to Stick “For Sale” Sign on Biogen Idec Lawn Again
Billionaire investor Carl Icahn is making another move to gain influence over Biogen Idec. Icahn told the Cambridge, MA-based biotech company he is nominating a slate of four new directors for election to the company board at this year’s annual meeting, and he wants to increase the size of the board from 12 to 13 … Continue reading “Carl Icahn Aims to Stick “For Sale” Sign on Biogen Idec Lawn Again”
Idenix Inks HIV-Drug Deal with GSK Worth up to $450M
Shares of Idenix Pharmaceuticals (NASDAQ: [[ticker:IDIX]]) jumped in pre-market trading this morning on the news that the Cambridge, MA-based developer of treatments for infectious diseases has inked a deal with pharma giant GlaxoSmithKline potentially worth some $450 million. GSK will pay Idenix $34 million upfront—half as cash and half via a purchase of its stock … Continue reading “Idenix Inks HIV-Drug Deal with GSK Worth up to $450M”
City’s Study of Solar Permit Fees Sets Off Cleantech Alarms
Earlier this week, I got an e-mail from an indignant solar panel installer who had heard the City of San Diego is planning to raise its fees for solar permits and inspections. “This is outrageous at a time when city, state and federal leaders are doing everything possible to increase the deployment of solar energy.” … Continue reading “City’s Study of Solar Permit Fees Sets Off Cleantech Alarms”
How I Declared E-Mail Bankruptcy, and Discovered the Bliss of an Empty Inbox
I’m not one of those people who thinks you can measure a person’s power, talent, or importance by the number of e-mails or phone calls they get every day. So it’s not a boast—indeed, it’s more like an embarrassed confession—when I say that by early January, my Gmail inbox had swelled to almost 15,000 messages. … Continue reading “How I Declared E-Mail Bankruptcy, and Discovered the Bliss of an Empty Inbox”
Sticking it to the VC Man: Johnny Stine Builds Biotech Startup on a Shoestring
The lone entrepreneur in a garage, driven to change the world, is one of the most powerful archetypical characters of American capitalism. It may still work today in isolated cases for iPhone apps or Internet software, but in biotech, it’s a laughable idea. This is an industry where it takes a decade of sustained work, … Continue reading “Sticking it to the VC Man: Johnny Stine Builds Biotech Startup on a Shoestring”
Biogen and Dyax Expand Relationship, Nuance Persists in Zi Pursuit, Draper Lab Locks In On $146M From the Navy, & More Boston-Area Deals News
The flow of deals from New England’s tech and life sciences companies was sluggish this week but not completely frozen. Acquisition news predominated. —Cambridge, MA-based Charles Stark Draper Laboratory won a $146 million contract from the U.S. Navy to work on guidance systems for the Trident II nuclear missile. —Burlington, MA-based speech technology giant Nuance … Continue reading “Biogen and Dyax Expand Relationship, Nuance Persists in Zi Pursuit, Draper Lab Locks In On $146M From the Navy, & More Boston-Area Deals News”