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Movers & Shakers

The region's latest Movers & Shakers.

HP to acquire SimpliVity for $650M

California computer giant Hewlett Packard Enterprises plans to acquire Westborough data storage provider SimpliVity for $650 million, which is a significant decrease over its assessed value two years ago.

Movers & Shakers

The latest movers and shakers from the region's businesses.

NORESCO secures $22M veterans energy savings contract

Energy infrastructure solutions provider NORESCO said Wednesday it secured a contract with the U.S. Department of Veterans Affairs to provide nearly $22 million in energy upgrades at two VA hospitals.
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Feds seize TelexFree $20M hidden in Westborough bed

Federal agents seized approximately $20 million in cash hidden in a box spring in a Westborough apartment late yesterday, in connection with an alleged money laundering attempt related to the massive TelexFree pyramid scheme.

Kopin to sell $23.9 M in shares to Chinese co.

Westborough-based wearable technology maker Kopin Corporation announced it will sell roughly 10 percent of its total outstanding shares of common stock to a Chinese company, and together the two companies will jointly develop and commercialize several wearable products.

Cogmedix announces 5,000 sq. ft. facility expansion

Cogmedix, a wholly-owned subsidiary of the Westborough-based Coghlin Companies Inc., announced Tuesday it is nearly complete with a 5,000-square-foot expansion of its Worcester facility at 17 Briden St.

Nearly 12K sq. ft. in boroughs lease deals closed

Greater Boston Commercial Properties of Northborough announced three lease deals last week representing nearly 12,000 square feet...
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Westborough added 710 jobs in 2016

The Westborough Economic Development Committee has detailed the community's gains in the past year that include the addition of 710 jobs.

Westborough land sells for $7M; 700 homes to be built

Westborough selectmen voted last week to sell nearly 38 acres of the former Westborough State Hospital to developers planning to create 700 housing units.
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