News

Rural needs a focus of Telecom Summit

Making sure all businesses, even the smallest in the most rural settings, can capitalize on today’s communications technologies is among the items at the top of the agenda of the Governor’s Telecommunications and Broadband Summit, set for Sept. 8 at…

Standex reports solid 2006

It should be a happy new year for Standex, as the Salem diversified manufacturer posted double-digit growth for its fiscal fourth quarter and fiscal year 2006. Salem-based Standex reported revenues of $153.4 million in the fourth quarter of fiscal 2006,…

Sharheolders OK Thermo-Fisher merger

Shareholders of Fisher Scientific International and Thermo Electron Corporation voted overwhelmingly Wednesday to approve a merger of the two firms. Formation of the new company - Thermo Fisher Scientific - is still subject to regulatory approval, but the companies expect…

Riverstone case takes another twist

Noah Mesel, president of the bankrupt shell of Riverstone Networks, resigned last Friday and agreed on Tuesday to give up more than $600,000 in compensation amid charges that he obstructed an investigation by shareholders. The controversy prompted intervention by the…

Francisco Partners to buy Vitronics Soltec

Francisco Partners, a technology-focused private equity fund, has signed a definitive agreement to acquire Vitronics Soltec from Dover Technologies International, a subsidiary of Dover Corporation. Stratham-based Vitronics Soltec, a supplier of soldering technology for the electronics manufacturing and assembly industries,…

$1.6m in stock for Bottomline execs

Bottomline Technologies gave its reshuffled executives stock worth $1,600,000, according to a Securities and Exchange Commission filing. The Portsmouth-based payroll software firm gave both Robert Eberle, chief operating officer who will become chief executive officer in November, and Joseph Mullen,…