Friday, May 6, 2011

Daily Business Update from the Boston Globe

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Friday, May 6, 2011

Sophos agrees to buy Astaro
Sophos, a security and data protection company with operations in Burlington, said it has agreed to buy Astaro, a privately held provider of network security solutions.

Comcast unveils mobile hotspot device
Comcast Corp. announced the launch of its personal 4G/3G Mobile Hotspot, a pocket-sized Wi-Fi device that allows users to simultaneously connect up to five Wi-Fi-enabled devices to the Internet while on-the-go.

TSA plans 'Trusted Traveler' program
The Transportation Security Administration is considering a "trusted travelers'' program that would allow certain passengers to speed through security checkpoints without having to shed their shoes, show their laptops, or undergo a body scan.

Pyramid Research: Smartphone sales on the rise
Total handsets sold to end users globally will reach 1.46 billion in 2011, and smartphone sales will account for 27 percent of total handset sell-through, according to a new report from Pyramid Research.

BC launches effort to cut electricity use
Boston College is working with NStar to launch a three-year initiative to sharply cut its use of electricity, NStar said in a press release.

Liberty Mutual unit to be a World Cup sponsor
Liberty Mutual said that Liberty Seguros, its insurance subsidiary in Brazil, has signed an agreement to become a FIFA World Cup National Supporter for the 2014 FIFA World Cup Brazil and the FIFA Confederation Cup 2013.

Nurses strike averted at Tufts
Negotiators for Tufts Medical Center and the Massachusetts Nurses Association agreed on an 18-month contract extension early this morning, only hours before 1,100 registered nurses were set to walk off their jobs at the Boston teaching hospital.

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