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Cognex to acquire Japanese optics company, in largest-ever $275M deal

Natick machine-vision company Cognex agreed to purchase Japan-based Moritex Corp., a global manufacturer of optical components.

Worcester, Framingham plaza owner to acquire Northborough Crossing owner for $2B

Retail real estate giant Kimco Realty Corp. of Jericho, New York, which owns Waverly Plaza in Framingham and Mill Street Plaza in Worcester, plans to acquire Northborough Crossing owner RPT Realty of New York City.

Cognex partners with Calif. firm to improve fulfillment robots

Natick machine-vision firm Cognex partnered up with OSARO, a California robotics company specializing in AI-driven fulfillment robots, to improve the robots’ efficiency in reading barcodes.

Natick weight loss company adds AI coach to its suite of offerings

Natick-based Allurion Technologies will add a generative AI technology to its clinical offerings in the form of an artificial intelligence-powered health coach.
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Owner of collapsed Mill St. apartment building sells stake in separate Worcester development and buys Marlborough apartments for $7.8M

Farmington Manor Apartments in Marlborough was sold to a limited liability corporation registered to Bechara Fren.

Marlborough employee-owned company to lay off 68 Holliston employees

Web Industries, a Marlborough-based manufacturer serving a variety of industries including medical, aerospace, and personal & home care, will lay off 68 people at its Holliston facility, according to a Worker Adjustment and Retraining Act report submitted to the state.

Insulet insulin pump launched in Germany as company revenue booms

Acton medical device firm Insulet Corp. has launched its flagship product, the Omnipod tubeless insulin device, in Germany a year after it received Food and Drug Administration approval for the device in the U.S. 

Family-owned Natick developer sells Franklin industrial properties to global firm for $38M

An affiliate of Natick developer Franchi Management Co. of Natick sold two industrial properties in Franklin to global investment firm Investcorp for $37.5 million.
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Founder of New England Center for Children to retire as CEO

Vincent Strully Jr., founder of The New England Center for Children and CEO of the autism education organization for 48 years, has retired from the position and will step into an advisor role.

School of Rock to open Northborough location

Music education franchise School of Rock aims to open a new location at shopping center Northborough Crossing in late 2023 or early 2024.
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