New Hampshire Business Review - March 25 2011

Bottomline buys Conn. software firm

Portsmouth-based Bottomline Technologies has acquired Allegient Systems of Wilton, Conn., a legal billing software firm that mainly services insurance companies, for $48 million in cash, the company announced Wednesday morning.The financial software firm - which has been reaching into the…

$25k Start-Up Challenge semi-finalists named

The five semi-finalists who will participate in this year's edition of the Manchester Young Professionals Network New Hampshire Start Up Challenge business plan competition have been named by the organization.The semi-finalists will compete for $25,000 to help with their business…

Shareholders OK CPEX buyout

It looks like CPEX Pharmaceuticals will be no more, at least as an independent entity.Shareholders last week approved the sale of the Exeter-based alternative drug delivery firm to the subsidiary of a bankrupt shoe company, despite a heated challenge to…

Passenger rail a boondoggle for taxpayers

It is critical that we abolish the New Hampshire Rail Transit Authority before it can saddle state taxpayers with millions in new burdens each year.This government bureaucracy was established with the goal of bringing passenger rail service to New Hampshire.…

We want a high-quality education

Fourteen years ago, starting with the Claremont II lawsuit, New Hampshire began a process in funding local education that can best be described as a cycle of chaos. The result has been an untenable reality that has pitted communities against…

Part of the problem

Lucrative incentives for executives at the nation's top banks encouraged them to take excessive risks prior to the financial meltdown that the country still is digging itself out of three years later, according to a study from the University of…