BCS Innovations in Australia recently established a sister company in San Diego, BCS Electronic Design, which is looking to transplant its reputation and establish a strong customer base in Southern California. The company has met some challenges in the marketplace, however, because their design team is not well known in the San Diego community. The … Continue reading “A Case Study: Transplanting Aussie Expertise to Southern California”
Ramifications of Patent Reform for Biomedical Companies
The most fundamental change implemented by the America Invents Act enacted earlier this year is the transition from a “first to invent” system for awarding patents to a “first inventor to file” system. This change, effective 18 months after enactment, awards priority to the first inventor to file a patent application and eliminates the ability … Continue reading “Ramifications of Patent Reform for Biomedical Companies”
Repligen Buys Novozymes Unit, Expanding Product Base and Manufacturing Capacity
After the stock market closed last night, Waltham, MA-based Repligen (NASDAQ: [[ticker:RGEN]]) announced that it will buy a Swedish unit of Novozymes A/S, the Danish maker of industrial-biotech products, for 17 million euros, or about $22.7 million cash, plus 5 million euros ($5.6 million) in potential milestone payments. The unit, called Novozymes Biopharma Sweden, makes … Continue reading “Repligen Buys Novozymes Unit, Expanding Product Base and Manufacturing Capacity”
Editor’s Picks: Xconomy Boston’s Top 20 Stories of the Third Quarter
All this talk about quarterly earnings and venture stats reminded me: I never posted my favorite stories from Xconomy Boston’s third quarter. Yes, I know it’s almost the end of October, and the third quarter ended a month ago. I must have been traumatized by the collapse of the Red Sox or something (is baseball … Continue reading “Editor’s Picks: Xconomy Boston’s Top 20 Stories of the Third Quarter”
Vinod Khosla Helps Startup Entrepreneurs Think Bigger
I had been planning to talk in today’s column about the shortcomings of the Google Chromebook, which are numerous. But I’m in too good of a mood this week to play the critic, partly because of a terrific Silicon Valley event that I attended Tuesday night called Get Bigger! With Vinod Khosla. So instead, I’m … Continue reading “Vinod Khosla Helps Startup Entrepreneurs Think Bigger”
New Genzyme CEO, Biogen Scores in 2nd MS Pill Trial, Nanotech Drug Startups Nab Funds, & More Boston-Area Life Sciences News
It was a meaty New England life sciences week, with clinical advances, new funding, CEO hires, and acquisitions headlines. —Sanofi hired David Meeker as the new CEO of its Cambridge, MA-based Genzyme unit. Meeker, who got started at the company in 1994, will move into his new role on November 1 and will lead the … Continue reading “New Genzyme CEO, Biogen Scores in 2nd MS Pill Trial, Nanotech Drug Startups Nab Funds, & More Boston-Area Life Sciences News”
Novomer Receives $10,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=702f9b73-aa87-4bcb-907c-e25ecdf92ac7&Preview=1 Date 10/28/2011 Company Name Novomer Mailing Address Reservoir Place 1601 Trapelo Rd. Waltham, MA 02451 Company Description Novomer is a new materials company pioneering a family of low-cost, high-performance, green plastics, polymers and other chemicals. A wide variety of packaging, commercial, consumer and industrial markets are looking for new, advanced materials … Continue reading “Novomer Receives $10,000,000 New Round”
OptixConnect Obtains $250,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1861975c-7e90-4ec8-a8b9-65790d182255&Preview=1 Date 10/28/2011 Company Name OptixConnect Mailing Address Undisclosed Wooster, OH 44691 Company Description OptixConnect is in the final stages of engineering a product that will transform the way businesses interact, follow, get introduced, and securely share strategic information. Website http://www.optixconnect.com Transaction Type Venture Equity Transaction Amount $250,000 Transaction Round Undisclosed Proceeds … Continue reading “OptixConnect Obtains $250,000 New Financing”
SpearFysh Secures $250,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=520a3ec9-34b5-4779-905b-979f1a8e48e9&Preview=1 Date 10/28/2011 Company Name SpearFysh Mailing Address 8987 Darrow Road Twinsburg, OH 44087 Company Description SpearFysh offers a SaaS based business intelligence platform that digitally records, indexes, and analyzes voice and written data from sales calls. Website http://www.spearfysh.com Transaction Type Venture Equity Transaction Amount $250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “SpearFysh Secures $250,000 New Funding”
Anderson Aerospace Secures $250,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e64a8985-c716-44bd-9d03-c6a6ec4c631c&Preview=1 Date 10/28/2011 Company Name Anderson Aerospace Mailing Address 277 Martinel Drive Kent, OH 44240 Company Description The company designs and manufactures advanced technology satellite antenna systems for aircraft. Its compact, high efficiency system enables in-flight, in-cabin live television viewing and internet connectivity in aircrafts too small to carry presently available systems. … Continue reading “Anderson Aerospace Secures $250,000 New Funding”
Toura Secures $3,842,160 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a148f831-9f7f-44a3-b9be-c27338fa9bf7&Preview=1 Date 10/28/2011 Company Name Toura Mailing Address 22 West 21st Street 8th Floor New York, NY 10010 Company Description Toura enables its clients to develop and globally distribute multi-media tours and guides to a variety of mobile devices in a highly efficient and cost-effective manner. Applications built using Toura Mobile App … Continue reading “Toura Secures $3,842,160 New Financing Round”
Navigating Cancer Secures $3,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c911e4de-d170-414b-8f18-699bc69f8423&Preview=1 Date 10/28/2011 Company Name Navigating Cancer Mailing Address 6 Nickerson Street Seattle, WA 98109 Company Description We understand how overwhelming a cancer diagnosis can be. Navigating Cancer will help you take control of your journey by bringing together powerful tools, relevant cancer resources, and a supportive community — all free and … Continue reading “Navigating Cancer Secures $3,000,000 Series B Financing Round”
Codecademy Garners $2,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e440676f-a754-497f-bfc3-7551efe19fb9&Preview=1 Date 10/28/2011 Company Name Codecademy Mailing Address Undisclosed San Francisco, CA 94102 Company Description Codecademy was created out of the frustrations Zach and Ryan felt with learning how to program. Tired with less effective text and video resources, Ryan and Zach teamed up to create Codecademy, a better, more interactive way … Continue reading “Codecademy Garners $2,500,000 New Financing Round”
Ask Bill Gates Anything: Being a Billionaire is Strange, Microsoft Co-Founder Tells Students
How’s the life of a billionaire? “Quite strange,” says Bill Gates, who fielded questions from University of Washington students on Thursday evening as part of a lecture on the future of computing. Gates’ talk, at a packed hall in the UW’s computer science building, focused on some areas where he thinks cheap, powerful computing will … Continue reading “Ask Bill Gates Anything: Being a Billionaire is Strange, Microsoft Co-Founder Tells Students”
PacBio Posts Flat Revenues in Q3, Names Mike Hunkapiller New Executive Chairman
Pacific Biosciences saw its sales flatten in its second quarter on the market with a new breed of DNA sequencing instrument, and now it’s shuffling things around a bit on the org chart to see if it can kickstart its growth. The Menlo Park, CA-based company (NASDAQ: [[ticker:PACB]]) said today it generated $10.5 million in … Continue reading “PacBio Posts Flat Revenues in Q3, Names Mike Hunkapiller New Executive Chairman”
Homeward Bound: Moving Health Care from Hospital to Home
A myriad of economic, political, and social forces are converging to drive the delivery of healthcare from the traditional hospital to lower-cost settings, including a relatively new concept called “the medical home.” CommNexus, San Diego’s nonprofit wireless and semiconductor industry group, has organized this session to explore the forces at work, the implications for patients, … Continue reading “Homeward Bound: Moving Health Care from Hospital to Home”
Vertex Flips Into the Black for First Time, as Hepatitis C Drug Beats Expectations Again
Vertex Pharmaceuticals has tallied up an amazing amount of red ink in its 22-year history, but now it can say that all those long R&D years have created a profitable business. The Cambridge, MA-based biotech company (NASDAQ: [[ticker:VRTX]]) said today that it generated $659 million in total revenues, and turned a profit of $221 million … Continue reading “Vertex Flips Into the Black for First Time, as Hepatitis C Drug Beats Expectations Again”
Investor Feedback Forum and Pitch Showdown
Ultra Light Startups presents an evening of startup pitches and coaching. Panelists include Andrew Cleland, venture partner at Comcast Ventures, John Frankel, partner at ff Venture Capital, and Bradley Harrison, managing partner at Brad Harrsison Ventures. The evening includes pizza and networking. Register here.
2011 Conference on Clean Energy
This day-long energy conference will feature a mix of presentations of established and startup cleantech companies, investors, and government players. Panels cover subjects from seed funding to state assistance to energy solutions in developing countries. Register here.
mHealthcon Mobile Health Conference
This full-day conference features exhibits, speeches, and workshops on the burgeoning world of applications and devices for diagnosing disease and managing healthcare. Speakers include Newark, NJ Mayor Corey Booker, Simon Samaha, CEO of Summit Medical Group, and Gopal Chopra, CEO of pingmd. Register here.
In a Detour From Device Strategy, Zogenix Edges Closer to New Drug Application
San Diego-based Zogenix, a specialty pharma that has been selling its first product (a fast-acting migraine drug in a single-dose injector) for 22 months, is getting ready to diversify its portfolio. As we reported in August, Zogenix successfully completed its late-stage safety and efficacy trials for an extended-release formulation of the painkilling drug hydrocodone bitartrate … Continue reading “In a Detour From Device Strategy, Zogenix Edges Closer to New Drug Application”
Hatch Detroit Business Contest Down to Four Finalists; Voting Ends Nov. 2
The ideas have been pitched, the public cast their votes online and through social media for the semi-finalists, and now the Hatch Detroit retail business contest is in its final stage. This is the hard part, where we choose the winner. Will it be the wine bar or the tea room? The pop-up furniture store … Continue reading “Hatch Detroit Business Contest Down to Four Finalists; Voting Ends Nov. 2”
Better Strategies for Monetizing Digital Offerings
MIT Enterprise Forum of NYC presents this panel discussion on content-related businesses such as publishing, music, and video are changing to achieve economic viability. Speakers include Betsy Morgan, president of The Blaze, Paul Smurl, vice president of NYTimes.com, and Richard Reisman, president of Teleshuttle Corp. Register here.
Fundraising Pitch Coaching Workshop
Learn how to craft an effective venture pitch in this three-hour workshop. The session will be led by pitch coach McAdory Lipscomb, former operating partner at RRE Ventures. Register here.
Redfin Adds $14.8M to Expand Online Real Estate Brokerage to New Markets
[Updated 12:20 pm Pacific with correction] Redfin, the Seattle-based online real estate brokerage, says it has raised $14.8 million led by new investor Globespan Capital Partners. Redfin says the new round of financing, which pushes its total venture tally to about $46 million, will be used for R&D spending and expansion into new markets. At … Continue reading “Redfin Adds $14.8M to Expand Online Real Estate Brokerage to New Markets”
Sencha, Subtext, Sociable Labs: Bay Area BizTech News by the Numbers
Time for our periodic, data-driven roundup of business and technology news around San Francisco Bay. $151 million—The price Google paid to acquire restaurant review aggregator Zagat back in September, according to a regulatory filing examined by Reuters. $135 million—Total financing raised to date by San Jose-based display maker Prysm, according to an announcement today. Xconomy … Continue reading “Sencha, Subtext, Sociable Labs: Bay Area BizTech News by the Numbers”
Network for Teaching Entrepreneurship Showcase
This is a meet and greet for those looking to find out who’s behind the Network for Teaching Entrepreneurship, which teaches a year-long course on entrepreneurship to low-income students. This night of networking should give attendees a better idea of what the group is doing in Boston. Sign up here.
Massachusetts Startup Investing Rose to $253.8M Last Month, Charged Up By Boston-Power’s $125M
There seems to be a theme in Massachusetts venture investing right now. Things aren’t quite as hot as they were earlier this year, but are still trumping last year’s numbers for the same period. That’s what my colleague Greg noted about the MoneyTree report for Q3 2011 venture investing. And that’s what I’ve observed here … Continue reading “Massachusetts Startup Investing Rose to $253.8M Last Month, Charged Up By Boston-Power’s $125M”
Agradis Takes Root, Illumina Cuts Back, Verenium Arranges Financing, & More San Diego Life Sciences News
It was another big week for life sciences news in San Diego, with interesting developments in agricultural biotech, industrial biotech, and genomic sequencing. This is our wrap up of what you need to know. —San Diego’s Synthetic Genomics spun out a new San Diego-based agricultural biotech, Agradis, with $20 million in Series A financing and … Continue reading “Agradis Takes Root, Illumina Cuts Back, Verenium Arranges Financing, & More San Diego Life Sciences News”
Portola Grabs $45M Upfront From Biogen Idec to Develop Autoimmune Drugs
South San Francisco-based Portola Pharmaceuticals has formed a lucrative alliance today with Biogen Idec (NASDAQ: [[ticker:BIIB]]) to co-develop drugs for autoimmune diseases, seeking to stop the immune system from attacking healthy tissues like a virus. Under the deal, Portola is granting Weston, MA-based Biogen Idec an exclusive worldwide license to co-develop oral pills that block … Continue reading “Portola Grabs $45M Upfront From Biogen Idec to Develop Autoimmune Drugs”
Sloan-Kettering Spinoff Adjuvance Gains Traction For Vaccine Tech
It’s rare to see an entrepreneur cheering for a direct rival, but that’s exactly what’s been happening over the last week or so in New York. It started on October 18, when shares of Boston-based Agenus (NASDAQ: [[ticker:AGEN]]) jumped 65 percent to $4.43 on news that a GlaxoSmithKline (NYSE: [[ticker:GSK]]) malaria vaccine containing an ingredient that … Continue reading “Sloan-Kettering Spinoff Adjuvance Gains Traction For Vaccine Tech”
BIND and Selecta Pull in $50M from Russian Fund Seeking to Advance Nano-Drugs
Two Boston-area startups—both of which emanated from the lab of MIT bioengineer and entrepreneur Bob Langer—announced today that they secured $25 million a piece in funding from Rusnano, a $10 billion Russian Federation fund that supports nanotechnology startups. The money went to Watertown, MA-based Selecta Biosciences and Cambridge, MA-based BIND Biosciences. Each company also added … Continue reading “BIND and Selecta Pull in $50M from Russian Fund Seeking to Advance Nano-Drugs”
WA Companies Raked in Nearly $32M in September Deals
Washington companies in the technology, biotech, and cleantech sectors rolled up nearly $32 million in financing in September, according to data compiled by our partners at research firm CB Insights. Leading the way was RF Surgical Systems, a Bellevue-based company that raised $12 million last month. As Luke wrote last year, the company is working … Continue reading “WA Companies Raked in Nearly $32M in September Deals”
Xconomist of the Week: Phil Libin, Evernote, and the Death of the Exit
Xconomist Phil Libin, the CEO of Mountain View, CA-based Evernote, is a little unusual among his Silicon Valley brethren. He’s on the record as saying that the online notekeeping startup doesn’t want to be acquired. “There has never been an exit strategy at Evernote,” he wrote in an FAQ-style blog post after Evernote raised $50 … Continue reading “Xconomist of the Week: Phil Libin, Evernote, and the Death of the Exit”
EquaShip, Isilon, Tippr, Zaarly: Wrapping up a Week-Plus of Seattle Headlines
A pretty busy week in Seattle business means this weekly wrap of Seattle tech headlines is a little longer than normal: —EquaShip, the upstart shipping competitor hoping to outfox UPS and FedEx by consolidating parcels from small and medium-sized businesses, finally took the covers off its service last week. The company is led by CEO … Continue reading “EquaShip, Isilon, Tippr, Zaarly: Wrapping up a Week-Plus of Seattle Headlines”
Hipmunk, OnSwipe, MC10, Appature, Mimecast, and Northrop Grumman to Headline “6×6” Big Tech Ideas Conference Dec. 1
Daily deals and flash sales, please step off. Social-local-mobile recommendations, go fly a kite. Photo-sharing sites, go take a long walk off a short pier (and send me a picture). We don’t need more companies like those. Here’s what we need. Stretchy, bendy wearable computers. New tablet publishing models. High-altitude unmanned aerial vehicles (UAVs). The … Continue reading “Hipmunk, OnSwipe, MC10, Appature, Mimecast, and Northrop Grumman to Headline “6×6” Big Tech Ideas Conference Dec. 1″
Selecta Biosciences Garners $22,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e24ff8d-2064-49bc-8de1-445dfa22d209&Preview=1 Date 10/27/2011 Company Name Selecta Biosciences Mailing Address 480 Arsenal St. Building One Watertown, MA 02472 Company Description Selecta Biosciences, Inc. is a biopharmaceutical company developing an entirely new class of targeted vaccines that induces an antigen-specific immune activation or antigen-specific immune tolerance for therapeutic and prophylactic applications. Selecta’s proprietary Synthetic … Continue reading “Selecta Biosciences Garners $22,000,000 Series D Funding”
Redfin Secures $14,800,000 Series E Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4b90046-484a-41d1-8755-915aa5c40d79&Preview=1 Date 10/27/2011 Company Name Redfin Mailing Address 2025 1st Ave Seattle, WA 98121 Company Description Redfin is the industry’s first online real estate brokerage. Unlike any other real estate site, Redfin lets you buy and sell MLS-listed homes online. You can shop for homes and browse prices using our map-driven home-shopping … Continue reading “Redfin Secures $14,800,000 Series E Financing”
Picaboo Receives $2,601,993 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cce2dd62-1b4d-4ea1-a0bb-16d1fce7ef55&Preview=1 Date 10/27/2011 Company Name Picaboo Mailing Address 654 High Street Palo Alto, CA 94301 Company Description The company provides a client-and-server system for sharing photographs. Website http://www.picaboo.com Transaction Type Venture Equity Transaction Amount $2,601,993 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor … Continue reading “Picaboo Receives $2,601,993 New Financing”
Napo Pharmaceuticals Obtains $3,087,500 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24fbc510-a9dd-46e8-a174-22782ad21809&Preview=1 Date 10/27/2011 Company Name Napo Pharmaceuticals Mailing Address 185 Berry Street San Francisco, CA 94107 Company Description Napo Pharmaceuticals focuses on the development and commercialization of proprietary pharmaceuticals for the global marketplace in collaboration with local partners. Our strategy is to focus both on higher-volume business in the emerging economies of … Continue reading “Napo Pharmaceuticals Obtains $3,087,500 New Funding Round”
Prysm Obtains New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fbb4deb2-f4ce-490c-aad3-790518704f9b&Preview=1 Date 10/27/2011 Company Name Prysm Mailing Address 180 Baytech Dr San Jose, CA 95134 Company Description LPD technology delivers breakthrough visual performance and provides innovative solutions that address the shortcomings of conventional display technologies—making this platform the most exciting, comprehensive & cost effective large format display across a variety of applications … Continue reading “Prysm Obtains New Round”
ConnectEDU Secures $10,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9d3b65a-5d66-433a-88af-3afd0f8c4208&Preview=1 Date 10/27/2011 Company Name ConnectEDU Mailing Address 600 Atlantic Ave. 20th Floor Boston, MA 02210 Company Description ConnectEDU is the nation’s leading technology firm dedicated to providing students, educators and employers with comprehensive solutions to successfully navigate education and employment transitions. Website http://www.connectedu.net Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction … Continue reading “ConnectEDU Secures $10,000,000 New Financing Round”
Hyperink Obtains $1,200,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=49897040-ace3-4b0f-b652-059c866d3dd7&Preview=1 Date 10/27/2011 Company Name Hyperink Mailing Address 333 Bryant Street San Francisco, CA 94107 Company Description Our mission is to unlock and share that knowledge by working directly with domain experts to publish beautiful, high-quality eBooks. Website http://www.hyperink.com Transaction Type Venture Equity Transaction Amount $1,200,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Hyperink Obtains $1,200,000 New Funding”
Geekli.st Secures $600,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5c464081-c16c-4e5e-98d0-3edfbe092b69&Preview=1 Date 10/27/2011 Company Name Geekli.st Mailing Address 181 Fremont San Francisco, CA 94105 Company Description Born in San Francisco, Geekli.st is an achievement-based social portfolio builder where all bad-ass code monkeys around the globe can communicate, brag, build their street cred and get found. We founded Geekli.st because it was time … Continue reading “Geekli.st Secures $600,000 New Funding Round”
4INFO Receives $14,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc4291da-3cce-4e16-8fd7-a8d6256ffeca&Preview=1 Date 10/27/2011 Company Name 4INFO Mailing Address 177 Bovet Road 4th Floor San Mateo, CA 94402 Company Description Founded in 2004, 4INFO is a diversified mobile advertising, technology and media company, with a consistent track record of innovation and reliability. 4INFO reaches millions of mobile consumers daily and interacts with them … Continue reading “4INFO Receives $14,000,000 New Round”
Future Forward 2011
Information and registration details here. The 2011 edition of the Future Forward Executive Retreat will bring together a high-level group of entrepreneurs, CIOs, CTOs, CEOs, researchers, and investors. The program will be held at the Wellesley College Club. New to Future Forward, we’re encouraging all of our entrepreneur participants to bring a laptop demo (or … Continue reading “Future Forward 2011”
Five Things I Learned at Startup School
Y Combinator has a brilliant franchise. It is called Startup School. This year it is at Stanford University on October 29 and co-hosted with BASES, the Business Association of Stanford Entrepreneurial Students. Some of Silicon Valley’s elite used to poo-poo Startup School as being too basic. I have always been in the camp supporting it. … Continue reading “Five Things I Learned at Startup School”
Atreaon and Arsenal Spinoff 480 Biomedical Nab Funds
Here are a couple of mid-week life sciences financings. —Watertown, MA-based Arsenal Medical, a developer of biomaterial-based scaffold and drug delivery products, announced it is spinning out a new company called 480 Biomedical. Both firms raised new funding ($15 million for 480 and $3 million for Arsenal) from Arsenal Medical’s return investors Polaris Venture Partners, … Continue reading “Atreaon and Arsenal Spinoff 480 Biomedical Nab Funds”
Ann Arbor’s Mobiata Opens New Offices in San Francisco, Twin Cities
Ann Arbor, MI-based startup Mobiata is growing, both in size and location. The Expedia-owned company, which develops mobile apps designed to make travel go more smoothly, just opened offices in San Francisco and the Minneapolis-St. Paul area—which is where the company started out in 2008 before relocating to Ann Arbor. Founder and General Manager Ben … Continue reading “Ann Arbor’s Mobiata Opens New Offices in San Francisco, Twin Cities”
Clearwire Shares Go for Another Ride on Word of Latest Sprint Plans
One thing you can say about having Sprint as a majority investor: It’s not boring. Shares of Kirkland, WA-based Clearwire (NASDAQ: [[ticker:CLWR]]) bounced up today after the third-quarter earnings report from Sprint (NYSE: [[ticker:S]]), particularly CEO Dan Hesse’s comments about a possible deal for Clearwire’s as-yet-unbuilt long-term evolution network. As quoted by Forbes’ Eric Savitz, … Continue reading “Clearwire Shares Go for Another Ride on Word of Latest Sprint Plans”