Natick

Boston Scientific has agreed to pay rival Johnson & Johnson $600 million as part of a settlement of a lawsuit stemming from Boston Scientific's acquisition of Guidant Corp. nine years ago, the Marlborough life sciences company announced Tuesday. In the lawsuit, Johnson & Johnson alleged that Guidant broke a deal it had with Johnson & Johnson to merge with that firm, and sought $7.2 billion in damages. Guidant disputed the allegations. As part of the settlement, BSX said Johnson & Johnson has agreed to dismiss its lawsuit without acknowledgment of liability by Guidant. Also, BSX has agreed not to bring patent infringement or other claims related to three of Johnson & Johnson's stent products, the BSX statement said.

Machine sensor manufacturer Cognex Corp. of Natick experienced a “fabulous” year, according to Chairman Robert J. Shillman, with the company reporting a 22 percent increase in its fourth-quarter revenue compared with the fourth quarter of 2013.

Centage Corp., the makers of budgeting and forecasting software Budget Maestro, for small and medium-sized businesses, is...

Doctors Express, an urgent-care franchise with locations in Central Massachusetts, will offer health care to patients of physicians who belong to the Central Massachusetts Independent Physicians Association (CMIPA) under a new partnership that both organizations said will improve access to urgent care.

Several banks and a credit union with operations in to Central Massachusetts have been honored by the state's office of the U.S. Small Business Administration (SBA) for lending to businesses during the 2014 federal fiscal year, the federal agency announced.

For the second year in a row Natick-based ScrubaDub Auto Wash Centers is partnering with Community Servings' Pie in the Sky campaign to help provide home-delivered meals to individuals and families battling life-threatening illness, the company announced.

Machine sensor manufacturer Cognex Corp. of Natick reported its best quarter in its 33-year history, notching records in revenue, net income and earnings per share, thanks a more-than-double revenue gain from the factory automation market, the company reported Monday.

Centage Corp., a Natick-based provider of budgeting and forecasting software, has acquired Toronto-based financial reporting software maker BI-Metrix Inc., for an undisclosed amount.

The MetroWest Medical Center has added 14 adult beds devoted to mental health treatment in Natick with the opening of the Center for Behavioral Medicine at Leonard Morse, according to the center.

Tesla Motors can continue to sell its electric cars directly to Massachusetts customers after the state's highest court threw out a lawsuit seeking to block Tesla sales.