By Lucia Maffei Shares of HubSpot Inc. plunged in Wednesday afternoon trading after Bloomberg reported that Google parent company Alphabet put the brakes on its rumored acquisition of the Cambridge-based marketing firm. On Wednesday HubSpot’s stock (NYSE: HUBS) closed down 12.22%, giving the company a market capitalization of $25.06 billion. When rumors of a potential deal first emerged in April, the markets were valuing […]
Office space in Cambridge is always in great demand. The overall vacancy rate of office market in Cambridge declined from 10.8% in 2012 to 9.0% in 2013. According to the Greater Boston Market Viewpoint Report conducted by Colliers International, the direct asking rent for Class A and Class B office in East Cambridge have both […]
According to HubSpot CEO and co-founder Brian Halligan, location does matter for startup companies. HubSpot, a Cambridge-based marketing software firm (right down the street from ABG’s commercial office) has seen its revenue skyrocket in the past year, bringing in $52 million in 2012, 82 percent up from the previous year’s totals. The company has raised […]
