Business

Local Cambridge Area business news. Who’s hiring, coming and leaving. Best of Lists and More…

A123 Hoping to Cash In With an IPO

Filed in Business by on September 11, 2009 0 Comments
A123 Hoping to Cash In With an IPO

MIT grads Dr. Yet-Ming Chiang and Ric Fulop are hoping that the environment for IPOs goes their way soon.  According to BBJ A123 Systems has filed for an offering of 25 million shares of common stock.  They are hoping to raise up to about $240 million based on the price of between $8 and $9.50 […]

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Cambridge’s Harmonix Releases Beatles Rock Band

Filed in Business by on September 9, 2009 1 Comment
Cambridge’s Harmonix Releases Beatles Rock Band

I continue to be amazed at the innovation that comes out of Cambridge based companies and universities.  Harmonix’s new release of The Beatles:  Rock Band is another example how ideas that come out of the MIT Media Lab have the ability to create products and companies with staying power. Harmonix is a subsidiary of MTV […]

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Cool iPhone Apps from Cambridge

Filed in Business by on September 4, 2009 0 Comments
Cool iPhone Apps from Cambridge

Many innovations come out of Cambridge based companies and universities. Two iPhone apps were recently released both from Cambridge developers. The first was the MassTransit app that was developed by a company here in Cambridge. Sparkfish Creative made use of the recently released APIs for the MBTA to create an app that stores schedule information […]

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BBN To Be Bought by Raytheon

Filed in Business by on September 2, 2009 1 Comment
BBN To Be Bought by Raytheon

BBN, one of the more established companies in Cambridge,  has agreed to be bought by Raytheon.  BBN was established way back in 1948 by 2 MIT professors Richard Bolt and Leo Beranek.  They later added a former student Robert Newman.  They employ 700 across 7 locations here in the US.  Headquartered right off of Concord […]

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Fresh Pond Mall Getting a Facelift

Filed in Business by on August 24, 2009 1 Comment
Fresh Pond Mall Getting a Facelift

Let’s face it the Fresh Pond Mall really needed a facelift and finally redevelopment of the space next to the Dunkin Donuts and Circle Furniture is finally happening.  My husband and I were always commenting on why establishments like Ground Round couldn’t make a go of it in such a great location. The site finally […]

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Cambridge Area Provides Training for Future Film Makers

Filed in Business by on August 20, 2009 0 Comments
Cambridge Area Provides Training for Future Film Makers

By now you have been exposed to all the excitement and controversy about the budding Massachusetts Film Industry.  Recently the Boston Globe wrote an article highlighting the need for trained workers in the film industry and 2 companies that are playing a role here in Cambridge and Somerville.  Of course it’s exciting to see news […]

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Forsyth Institute Moving to Kendall Square

Filed in Business by on August 5, 2009 0 Comments
Forsyth Institute Moving to Kendall Square

The Forsyth Institute is moving its headquarters to Cambridge.  They took their time making a decision on where to move and appear to have benefitted from the downward prices in the Commercial Real Estate Market.  A press release was issued yesterday about the move and Dr. Stashenko seems pretty excited about moving to this high […]

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Cambridge Area Companies in the Globe 100

Filed in Business by on July 20, 2009 0 Comments
Cambridge Area Companies in the Globe 100

Each year the Boston Globe comes out with a listing of the 100 Best Massachusetts companies.  Cambridge has always been well represented and the 2009 list is no exception. The companies are ranked by the Boston Globe on the following basis: 1) Return on average equity, a measure of how effectively shareholder money is employed; […]

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Monster Expands in Kendall Square Cambridge

Filed in Business by on July 8, 2009 0 Comments
Monster Expands in Kendall Square Cambridge

Monster is opening a new technology center here in Cambridge in the Kendall Square area.  According to a press release issued today. Cambridge is a logical location for us to grow, with its world class talent and leading edge research and development infrastructure,” said Darko Dejanovic, executive vice president, global CIO and head of product […]

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EMC Expands Presence in Cambridge

Filed in Business by on June 25, 2009 1 Comment
EMC Expands Presence in Cambridge

EMC  is becoming a consortium sponsor for the MIT Media Lab in Cambridge.  EMC recently established the EMC Research Lab at 11 Cambridge Center in the Kendall Square area of Cambridge.  This is being labeled as one of their initiatives.  There role is: focused on accelerating emerging technology innovation and product development and advancing EMC’s […]

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