Wednesday, December 9, 2009 KPN gives iBasis shareholders 10 more days to sell
Associated Press Dutch telecommunications company KPN NV said today that it has extended its cash offer of $3 per share for stock of iBasis Inc., a Burlington-based wholesale international long distance carrier, until Dec. 18. The tender offer for the... Protalix seeks FDA approval for Gaucher drug
By Robert Weisman, Globe Staff Israel's Protalix Biotherapeutics Inc. said today that it is seeking approval from the Food and Drug Administration for a Gaucher disease treatment that will compete with Cerezyme, the top-selling drug of Cambridge biotechnology company Genzyme... FairPoint hearing on customer rebates put on hold
Associated Press PORTLAND, Maine -- A bankruptcy court hearing has been put on hold on a motion by FairPoint Communications asking that it not be forced to give rebates to its Maine customers. The hearing in US Bankruptcy Court in... PlumChoice announces bank financing
Globe Staff PlumChoice Inc. announced the closing of $10 million in bank financing with Silicon Valley Bank, adding to $14.7 million in equity financing that was closed during the third quarter of 2009. Billerica-based PlumChoice is a remote technical services... Repligen imaging agent misses main study goal
Associated Press WALTHAM -- Repligen Corp. said today that its pancreas imaging agent RG1068 did not meet its main goal in a late-stage clinical study. Shares plunged 81 cents, or 17.4 percent, to $3.86 in morning trading. The stock has... Mobile Internet use is exploding, IDC says
Globe Staff There were more than 450 million mobile Internet users worldwide in 2009, and that number is expected to more than double by the end of 2013, said IDC, a market intelligence firm headquartered in Framingham. Mobile Internet use... Include a receipt with that holiday gift
Globe Staff Alert the followers of Emily Post. And tell other authors of famous etiquette books that it's time to update some of the rules: Including a sales receipt with a holiday gift is no longer as gauche as eating... EnerNOC buys Cogent Energy
Globe Staff EnerNOC Inc., a Boston company that helps utilities manage electricity consumption, said it has acquired Cogent Energy Inc. so it can provide energy-efficiency services to a wider range of businesses and institutions. EnerNOC is not disclosing the purchase... PerkinElmer unveils product safety systems
Globe Staff PerkinElmer Inc., a Waltham life sciences company, said it has developed new detection solutions designed to evaluate the safety of toys and other consumer products. In a press release, the company said its new phthalate detection solutions will... New RI economic development head recommended
Associated Press PROVIDENCE - The Rhode Island Economic Development Corp. approved a new leader yesterday as part of an overhaul of the quasi-governmental agency, which has been criticized as ineffective in a state with a struggling economy and whose 12.9... Goggans is named Conversion president
Globe Staff Conversion Associates, a digital analytics company based in Boston, said it has promoted Nick Goggans to the position of president. Goggans was formerly the firm's executive vice president of consulting and analytics. "Nick has clearly shown to our... Today in Globe Business
Stimulus projects head for the fast track Criticized for being slow to spend stimulus money on transportation improvements, Governor Deval Patrick is pledging to fast-track more than two dozen projects, from Boston to Pittsfield, and will have committed all of... Tuesday, December 8, 2009 Suspect, prosecutors reach plea deal in data theft
Albert Gonzalez, the Miami man accused of helping to orchestrate the largest computer hacking crime in US history, has agreed to plead guilty in a deal with federal prosecutors, according to court documents filed this week. Gonzalez, 28, had already... Vermont Pure Spring Water leases Canton space
Globe Staff Vermont Pure Spring Water, a bottled water provider, will occupy 23,966 square feet of space at 95 Shawmut Rd. in Canton, said a broker involved in the transaction. Vermont Pure Spring Water plans to use the space for... Team led by Abt is awarded $121m contract
Globe Staff A team of research firms led by Abt Associates has been awarded a $121 million contract to implement and evaluate a program of the US Social Security Administration, Abt said. Abt is a consulting and scientific research firm... | 
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