New Hampshire Business Review - March 17 2006

Riverstone bonus program approved

A Delaware bankruptcy judge Tuesday approved Riverstone Networks’ request to hand out as much as $5 million in performance bonuses to top executives and key employees with a few strings attached. The spinoff company of the former Cabletron Systems has…

High tech entrepreneur nominees sought

The New Hampshire High Tech Council is seeking nominations for its 18th annual Entrepreneur of the Year. The award honors individuals who have made significant contributions to the advancement of the high technology industry in New Hampshire. Any founder, owner…

Energy credit moves on to House

The New Hampshire Senate last week approved a bill to grant a one-time tax credit of half of a company’s energy costs -- capped at $500 - against the Business Enterprise Tax, sending it on to the House. Since the…

Road, bridge deterioration cited

A pair of recent transportation report cards confirm New Hampshire has neglected its roads and bridges to make many are unsafe. The American Society of Civil Engineers gave the state's roads a grade of “C” in January and its bridges…

Role of angel investors growing

The national angel investment market increased by some 3 percent during 2005, with more than $23 billion in total investments, according to the Center for Venture Research at the University of New Hampshire Whittemore School of Business and Economics. “A…

CTC Communications to buy Conversent

Some two months after merger between CTC Communications and Choice One Communications was completed, the local exchange carrier announced it will acquire Conversent Communications Inc. of Marlborough, Mass. Financial details of the deal were not provided, though the combined companies…

De Palma Group acquired by EFC Systems

Hudson-based payment transaction processors The De Palma Group has been acquired by EFC Systems of Nashville for an undisclosed about of cash and stock. The De Palma Group specializes in treasury and payment management solutions including ACH/electronic check, PIN-based debit…

Globe Manufacturing exec featured at CEO Forum

Globe Manufacturing President Don Welch will be the featured speaker at the University of New Hampshire’s CEO Forum, scheduled for Thursday, April 6, at the New England Center in Durham. “Globe Manufacturing: Combining 100 Years of Knowledge with New Technology…