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NEW ENGLAND TECH WIRE -- Feb. 26, 2009
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Softletter's SaaS University: Marketing/Sales/Infrastructure/Finances
http://www.acteva.com/booking.cfm?bevaID=174043
o Beverly-based Axcelis Technologies to Sell Japan Biz Interest for $133 Million
o Danvers-based Babcock Power and ThermoEnergy Form Joint Venture
o Wellesley Hills-based Bessemer Venture Partners Raises $350M for 7th Fund
o Newton-based Clinical Data Raises $50 Million in Convertible Debt
o Billerica-based Millipore Acquires Epitome’s Drug Discovery Technology
o Briefly Noted: Ze-gen, Mzinga, INVO Bioscience
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JOB LISTINGS (full listings at bottom of newsletter):
--IT Professionals
--Social Media Marketing Associate
--Advertising Manager - The Harbus News Corporation
--Marketing and Sales Support Analyst
--Public Relations Account Executive – Boston
EVENT AND TECH MARKETPLACE LISTINGS (full listings at bottom):
--Softletter's SaaS University: Marketing/Sales/Infrastructure/Finances
--Upstate NY's Largest Venture Forum: Call for Entreprenuers
--MIT Enterprise Forum presents "Paint It Black"
--Advertise on New England Tech Wire and Reach More than 9,000 Subscribers
Ad Descriptions Below Briefly Noted Section
Post an Ad: http://www.newenglandtechwire.com
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o Beverly-based Axcelis Technologies to Sell Japan Biz Interest for $133 Million
Beverly, Mass. – Axcelis Technologies, a Beverly-based provider of equipment for the semiconductor industry, announced on Thursday that it will sell its 50% joint venture interest in Japan-based SEN Corp. to Sumitomo Heavy Industries for about $133 million. As part of the transaction, Axcelis and SEN will enter into cross licenses that will allow the two companies to continue to use certain patents and technical information owned by the other to make and sell ion implant systems on a royalty-free, perpetual basis. “This transaction serves the best interests of Axcelis shareholders as it enables us to fulfill our senior debt obligations and gives us greater financial flexibility during this difficult economic climate and semiconductor industry downturn,” said Mary Puma, chairman and CEO of Axcelis.
http://biz.yahoo.com/pz/090226/160405.html
http://www.axcelis.com
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o Danvers-based Babcock Power and ThermoEnergy Form Joint Venture
Danvers, Mass. -- Babcock Power, a Danvers-based supplier of technology to the power generation industry, announced on Thursday that it has formed a new company with Arkansas-based ThermoEnergy that will develop and commercialize a new carbon capture power plant design. Based on high pressure oxy-fuel chemistry, ThermoEnergy’s “TIPS” technology combines the combustion of carbonaceous fuels, including coal, oil, natural gas, municipal waste and biomass, into energy with near-zero air emissions and no smoke stack. It effectively captures carbon dioxide (“CO2”) in clean, pressurized liquid form ready for sequestration or beneficial reuse, such as enhanced oil recovery, according to the announcement. “The progression of the TIPS technology coincides well with the timeline of anticipated forthcoming CO2 legislation,” stated James F. Wood, President and CEO of Babcock Power Inc. “As we evolve TIPS into a commercial scale product utilizing pilot plant results, Babcock-Thermo Carbon Capture will be well positioned to compete in the multi-billion dollar CO2 capture market.”
http://www.babcockpower.com/index.php?option=news&task=viewnews&coid=9&sid=125
http://www.thermoenergy.com/
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o Wellesley Hills-based Bessemer Venture Partners Raises $350M for 7th Fund
Wellesley Hills, Mass. -- Bessemer Venture Partners, an international venture capital firm with offices in Wellesley Hills, announced on Thursday that it has raised $350 million in supplemental capital for its seventh fund, which closed in June 2007 with more than $1 billion. Founded in 1911, Bessemer specializes in venture capital investments, but also participates in late-stage financings and sometimes makes small, seed-stage investments below $1 million. More typically, the firm makes investments in the range of $4 million to $10 million, in a range of industries.
http://biz.yahoo.com/prnews/090226/3846102en_public.html?.v=1
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o Newton-based Clinical Data Raises $50 Million in Convertible Debt
Newton, Mass. -- Clinical Data, a Newton-based biotechnology company, announced on Thursday that it has raised $50 million in convertible debt financing with New River Management and another affiliate of Randal J. Kirk, chairman of Clinical Data’s board of directors. The company said it will use the capital primarily to advance its two late-stage therapeutic programs through key milestone events anticipated this year. These include the completion of its second Phase III registration trial and planned new drug application filing for vilazodone, a drug candidate for the treatment of depression; and the initiation of its Phase III clinical program for Stedivaze, a potential cardiac stress agent.
http://investor.clda.com/releases.cfm
http://www.clda.com
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o Billerica-based Millipore Acquires Epitome’s Drug Discovery Technology
Billerica, Mass. – Millipore, a Billerica-based provider of technologies to the life sciences industry, announced on Thursday that it has acquired the assets associated with Epitome Biosystems’ “EpiTag” technology. Millipore said that the technology acquisition will allow it to expand its presence in the “fast growing multiplex immunoassay market by offering scientists a broader portfolio of cell signaling assays.”
The purchase price was not disclosed.
http://www.businesswire.com/news/home/20090226005138/en
http://www.millipore.com/
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o Briefly Noted:
(Boston) Ze-gen, a Boston-based provider of technology that converts waste streams into synthesis gas, has named Mark Prendergast as its vice president and controller. Prendergast previously served as senior director of financial planning and analysis at GSI Group in Bedford, Mass.
http://www.ze-gen.com
(Burlington, Mass.) Mzinga, a Burlington-based provider of social software for the workplace, marketplace, and extended enterprise, has named Lisa Mastrangelo as its CFO. Mastrangelo previously served as CFO at Centive, which was acquired by Xactly.
http://www.mzinga.com
(Beverly, Mass.) INVO Bioscience, a Beverly-based medical device company, announced on Thursday it has completed a reverse merger with a shell company. Through the transaction, INVO Bioscience, formerly BioXcell becomes a public reporting company and its common stock is listed on the OTCBB under the symbol “OTC: IVOB.”
http://www.invobioscience.com
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Job Listings:
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To Post in Job/Event/Marketplace: http://www.newenglandtechwire.com
9,000 subscribers: 5 day ad: $120--10 day ad: $175--20 day - $300
> IT Professionals
Platinum Solutions, Inc. is currently staffing projects supporting Federal law enforcement in Clarksburg, WV. If you are an IT professional with a current government clearance or eligible to obtain a government clearance, please join us on: Individuals with the following expertise are needed: Configuration Management, HP Openview, Information Security, Integration Engineering, Java/J2EE, Linux Administration, Microsoft Exchange Administration, Network Engineering, Oracle DBA, Project Management, Quality Assurance, Systems Testing, Requirements Analysis, Software Engineering, System Administration (Unix), System Engineering, Technical Writing, Web Server Engineering, Marketing. Candidates must be: U.S. Citizens, Posses an active Secret clearance or have the ability to obtain a Secret clearance. To learn more, please send your confidential resume to resumes-wv@platinumsolutions.com and visit our website at www.platinumsolutions.com
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> Social Media Marketing Associate
This is a fantastic opportunity to join a team of renowned industry analysts and advisors to help us build our social media brand. Bersin & Associates is a premier provider of business research and advisory services to corporate human resources, training, and recruiting leaders. Our company is well known throughout the world and we are seeking a high-energy, internet-savvy individual to help us build our brand in the social media. Requirements and Background: An avid fan and user of social networking systems. Hard-working, looking to grow your experience in business and marketing as well as social media. Excellent writing skills and ability to summarize information and write hard-hitting business copy. Willingness to work from home in a fast-paced, highly stimulating, team-based environment. Interest and background in business, human resources, training, and recruiting. Self-starter, well organized, and highly quality focused. Some experience in publishing, marketing or customer service. This is an excellent opportunity for someone building their career in social media, marketing, and publishing. How to Apply: Please include your bio, background and several writing samples of your work. Tell us about your experiences and interest in social media and why you believe you would be an excellent candidate. For more information on Bersin & Associates, please visit http://www.bersin.com
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> Advertising Manager - The Harbus News Corporation
The Harbus News Corporation is the non-profit student news organization of Harvard Business School. Harvard Business School students contribute content to the weekly paper and provide operational oversight, while the daily operations are managed by three paid staff members, including the General Manager, Advertising Manager, and Designer. Job Description: Sell ad space in weekly and special issues. Maintain relationships with recruiters. Grow new relationships with local, national, and campus advertisers. Generate new ideas for ad campaigns throughout the year. Work Closely with newspaper Designer to ensure ads appear in the paper properly. Assisting General Manager with collection of outstanding accounts. Skills and Personality: Outgoing, driven, and organized. Excellent oral and written communication. Good sense of humor and laidback personality are important for this close working environment. Sales experience is a plus but not required. Working knowledge of Microsoft Excel and Word. Additional Info: Position is full-time in the fall semester and part-time in the spring semester. Hourly pay with commission. Process: Interviews will begin in early March. Send cover letter, resume, and references to general@harbus.org. For questions, please call Lisa Tran at 617-495-6130 or email ads@harbus.org
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> Marketing and Sales Support Analyst (Wakefield)
Primax of Wakefield, Massachusetts offers a wide range of business services that meet the credit card and debit card needs of businesses and financial institutions throughout North America and the Caribbean. Since our inception in 1981, we have prided ourselves on providing our employees a solid career path in a secure and nurturing environment. Minimum 5 – 7 years experience supporting a sales-related financial services situation. Desired experience in a comparable position internally, or specific experience in the payments industry. Ability to attain “expert” level in Microsoft products Excel, Word and PowerPoint. Exceptional understanding of preparing cost estimates and pricing comparisons. Outstanding customer service and organizational skills required. Demonstrated ability to bring projects to a successful completion. Excellent oral and written communication skills. College degree desirable but not required. Ability and willingness to work independently. Monitor and research various sales channels for new prospects. Overall proficiency and understanding of, or willingness and capability to write and prepare Requests for Proposals (RFP) and pricing comparisons. Knowledge of how to conduct general research of a prospect, products and/or competitors. Willingness to develop an understanding and improve day-to-day knowledge of current events in the payments industry. Advanced spreadsheet and word processing skills are a must. For more information on Primax, please visit us at www.primaxpayments.com Send resumes to careers@primaxpayments.com
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> Public Relations Account Executive – Boston
360 Public Relations LLC is an award-winning, full-service boutique agency with an entrepreneurial environment that inspires creative thinking at every turn. Based in Boston, 360PR is a member of a national network of leading, independent public relations agencies. We are currently seeking an Account Executive with media relations experience and social media knowledge to contribute to a portfolio of Food, Home and Family accounts. Requirements: 2-4 years of relevant experience, ideally in an agency setting. A creative pitcher, able to develop media strategies and execute accordingly. Possessing a strong social media savvy. Drills down as well as juggles multiple projects simultaneously. Takes initiative and demonstrates strong follow through. Provides clear and accurate reports documenting program results. Team-oriented and comfortable working in a fast-growing environment. 360 Public Relations offers highly competitive compensation and benefits, a commitment to career advancement and professional development, and a team-oriented culture. To apply, please send resume and brief cover letter to careers@360publicrelations.com or fax to 617-589-5789, attention Anguelina Anguelova, Human Resources Manager. For more on 360PR, visit www.360publicrelations.com and read our blog, www.360prblog.com
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Event and Tech Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.newenglandtechwire.com
9,000 subscribers: 5 day ad: $120--10 day ad: $175--20 day - $300
> Softletter's SaaS University: Marketing/Sales/Infrastructure/Finances
The leading event dedicated to enabling companies to succeed in Software as a Service (SaaS) comes to Chicago. Four keynotes, five tracks, 30 sessions, three optional workshops. Tracks include Transition to SaaS, SaaS Finances (and selling SaaS in hard times); SaaS Infrastructure with new "Cloud" computing sessions; SaaS and the Marketplace; & Marketing and Selling SaaS. Main sessions on security, sales force compensation, Cloud computing costs, SaaS platform choices, SaaS business metrics, ROI arguments for SaaS, marketing without the release cycle and much more. Two valuable free takeaways, including a copy of The Softletter 2009 SaaS Marketing Report. 500 pages, a $495 value! Complete agenda at http://www.softletter.com/pages/market_and_selling_saas_agenda.shtml Register at: http://www.acteva.com/booking.cfm?bevaID=174043
Send inquiries to rickchapman@softletter.com
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> Upstate NY's Largest Venture Forum: Call for Entreprenuers
Deadline To Apply: March 20, 2009. SmartStart UNYTECH is the premier Upstate NY venture forum where VC firms look to see the best that the state has to offer for deal flow. Now in its eighth year, SmartStart UNYTECH has to date highlighted 199 high-quality companies from throughout the state and beyond to the VC community and their success speaks the quality of deal flow we select. Of these companies, 62 have raised over $361 M in equity financing, including over $70 M directly attributable to their participation in the forum. In 2007, SmartStart was merged with UNYTECH, the Upstate University forum highlighting early-stage university spin-outs. Additionally, this forum is marketed and recognized by many East Coast and Mid-Atlantic venture funds as the place to get Upstate NY technology deal flow. We recognize each year some standout presentations with Best Business Presentation, Most Promising Technology and Most Likely to be Funded awards. Upstate New York's Largest Venture Forum, SmartStart UNYTECH. May 19-20, 2009. Albany, NY. www.smartstartvf.com Send inquiries to elenad@ceg.org
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> MIT Enterprise Forum presents "Paint It Black"
A company that is actively working on the right areas of its business will not only be able to survive the downturn, but also put itself in a position to thrive once the financial tides turn. Join the MIT Enterprise Forum for our next global broadcast where our panel of experts will focus on the following areas that will help your business: Strategies for keeping your business in the black Mistakes to avoid so you can keep your doors open and your employees happy Steps to take to be ready for the recovery The "big picture" of the economy and areas for entrepreneurs to focus on. When: Feb. 25, 2009, 6:00pm Networking, 7:00 - 8:30 pm Program. Location: MIT's Wong Auditorium at the Tang Center MIT Sloan School 70 Memorial Drive Cambridge, MA. Cost: $25 members, $35 non-members, $40 at the door Register at: http://enterpriseforum.mit.edu/network/broadcasts/200902mit/index.htmlor call Greg Wymer at 617-253-0015.
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> Advertise on New England Tech Wire and Reach More than 9,000 Subscribers
New England Tech Wire has over 9,000 subscribers who rely on it for their daily briefing of local technology news. New England Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. For more info, go to: http://www.newenglandtechwire.com
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