Updates and news pertaining to ABG Realty
Communispace Corp.’s sale this week to Omnicom is unlikely to slow its plans to fill out 80,000 square feet of space in Boston. The deal was worth “slightly more than” $100 million, sources confirmed. The $100 million figure was first reported in Stuart Smith’s MarketingWeek blog. That’s no grand slam, but it’s a happy multiple […]
Woburn, MA D&D Electrical Contractors, Inc. along with DNET Cabling Technologies has moved into their new corporate headquarters. Douglas Lynch, president of D&D / DNET said we need to “practice what we preach and demonstrate to our clients that we are committed to do our part with green initiatives”. The new facility includes a grid […]
Patricia Simboli is not exactly the kind of person one would peg to run the family development business. Simboli, a life-long overachiever, had bigger hopes and ambitions. For nearly 10 years, Simboli stayed away from ACS Development Corp., the company her father co-founded, working instead for Wall Street giant JP Morgan in New York and […]
By Robert Weisman, Globe Staff Drug giant Pfizer Inc. today said it will add about 350 jobs in the Boston area and look for a new site to house a pair of research operations it will move from southeastern Connecticut. The news came as Pfizer, the world’s largest pharmaceutical company, unveiled a broad restructuring plan […]
February is “chocolate lovers month,” according to Dunkin’ Donuts, and it plans to celebrate the culinary festivities with “a new line of yeast raised chocolate donuts” to augment its offerings of chocolate cake style donuts. In a press release, the Canton-based coffee-and-baked-goods chain said its “renowned culinary team has worked for several years to create […]
Somerville — The move next week of Cambridge Health Alliance’s Human Resources Department into CHA’s Somerville Hospital Campus completes a major system-wide reconfiguration project that began nearly two years ago in the wake of state budget cuts that threatened the public healthcare system’s viability. “Two years ago there were concerns and even suggestions that we […]
People say that weddings and funerals bring out the best and the worst in people. Well, evidently, so does the snow. Image courtesy of Rochester Media Earlier this week, I parked my car on a street where many commuters park for the train. At the end of the day, I returned to find a very […]
Groupon Inc., an online coupon seller with numerous clients in the Sacramento region, has been approved to raise as much as $950 million, the latest chapter of the fast-growing company. Groupon, which passed on a $6 billion offer from Google Inc., could boast the biggest round of equity financing since Pixar in 1995, according to […]
nternational Business Machines Corp. on Wednesday unveiled its fifth annual “Next Five in Five” — a list of innovations that have the potential to change the way people work, live and play over the next five years. Armonk, N.Y.-based IBM predicts that technology will evolve in the following ways: You’ll beam up your friends in […]
A new report ranks the University of Massachusetts eighth in the country in generating income in 2009 from the licensing of faculty-produced discoveries and products, beating out both Harvard University and the Massachusetts Institute of Technology. The UMass system generated more than $70.5 million in “technology transfer income” in 2009 from 50 technology licenses and […]
