Acton

Two months after it reported a third-quarter loss and revenue that fell short of expectations, video software manufacturer SeaChange International of Acton said it's cutting about 10 percent of its global workforce in an effort to save $11 million in its current fiscal year.

Wind River Environmental, a group of septic services companies based in Hudson, has bought a similar company in Pennsylvania that will boost business about 30 percent, Wind River's co-founder and top executive said Friday.

The average viewer has little concept of how the content they're watching on television—and, increasingly, on a tablet or iPhone—is delivered. But they expect a seamless viewing experience. That's the paradigm of media consumption today, and it's one that SeaChange International of Acton is counting on as it positions itself to maintain an edge delivering custom video software to video content producers all over the world.

Video software manufacturer SeaChange International of Acton will acquire a California-based company that helps broadcast news organizations manage and analyze social media content, SeaChange announced.

Multiscreen video software maker SeaChange International of Acton yesterday reported a third-quarter loss of 7 cents a share. That was a penny per share better than analysts' consensus estimate.

New business helped drug-testing company Psychemedics of Acton partially shake off sluggish business due to a lackluster hiring and job environment reducing the number of companies needing drug testing, as it posted a modest gain for the second quarter.

Lowell-based Enterprise Bancorp Inc., the parent of Enterprise Bank that has branches in Acton, Fitchburg and Leominster, reported an increase in net income fueled by net interest income for the third quarter.

Video software manufacturer SeaChange International of Acton has hired an industry veteran as its new CEO, the company announced Tuesday.

BBC Worldwide, the commercial arm of the British Broadcasting Corp. (BBC), has turned to Acton -based video software and service provider SeaChange International's multi-screen television service to support the launch of its BBC Store.

After sidelining Gov. Deval Patrick's proposal to make alcohol licensing a purely local responsibility, the House on Monday quietly approved license requests for two licenses in Southborough.