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Technology

Virtusa reports 32% revenue bump, but $7.4M in Q1 losses

Southborough global IT firm Virtusa is facing a $7.4-million loss in its first quarter despite its revenues jumping 32 percent year-over-year and 6.6 percent sequentially.

Boston Scientific eyes reintroducing recalled, remade product

Boston Scientific will soon submit the final technical module to the U.S. Food and Drug Administration for a heart valve product.

Acacia expecting normal Q3 operations with ZTE back

Zachary Comeau |

Shares of Acacia Communications have jumped nearly 20 percent since it said the business will get back on track with its largest customer allowed back into U.S. commerce.

Boston Scientific acquires Calif. firm for up to $160M

Zachary Comeau |

Boston Scientific is showing no signs of slowing its aggressive acquisition strategy as the medical device giant is set to acquire a privately held obstructive disease firm for up to $160 million.

Framingham State SAT-optional on pilot basis

Grant Welker |

Framingham State University is giving students an option of not providing their SAT or ACT scores when applying to the school as part of a state pilot program.

101: Tech transitions

SUSAN SHALHOUB |

Cycles of transitions to new workplace technology is inevitable. With changes in industries, innovation and individual companies – or all three at the same time – teams can expect to have...

Internet sales tax law changing

MICHAEL P. DUFFY |

The U.S. Supreme Court has opened the door for states to impose a sales tax collection obligation on large and medium-sized out-of-state retailers operating over the internet.

B&Bs vs. Airbnbs

Grant Welker |

Bed-and-breakfasts used to be the little guys on the block in hospitality before anyone could rent their place on Airbnb. But in Central Mass., at least, they're holding their own.

SeaChange hopes to rebound with Netflix

Grant Welker |

In the fast-changing world of streaming video, Acton software company SeaChange International was for a while not predicting correctly where the market was leading.

Hologic appoints Oberton as CFO as McMahon leaves for Calif. firm

Zachary Comeau |

Hologic has appointed company veteran Karleen Oberton to chief financial officer to replace Bob McMahon, who is leaving the company for the same post of a California medical device firm.

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