[Updated 4/5/17, 12:07 pm. See below.] It's time to catch up on probably the most newest happenings within the Boston tech scene:
—CarGurus, a Cambridge, MA-based enterprise that runs an online automobile industry, has hired banks to support lead an preliminary public offering, in accordance with reviews through Axios and Reuters, which quoted nameless sources. Reuters mentioned the advantage IPO may take place via the end of 2017 and price CarGurus at more than $1 billion.
CarGurus become established in 2006 through TripAdvisor co-founder Langley Steinert. He mentioned final might also that CarGurus generates greater than $one hundred million in annual salary and has been ecocnomic for years—which it accomplished with simplest $5.5 million in backyard funding.
—Akamai technologies (NASDAQ: AKAM) has agreed to purchase Soasta, a Mountain View, CA-primarily based enterprise that provides software to assist groups measure, check, and improve the efficiency of their web sites and apps. The cost of the all-cash acquisition wasn't disclosed.
—Harmonix tune systems these days laid off as a minimum 17 people as part of a restructuring, in line with a file via video game web page Gamasutra.
—ClearGov stated it closed a $1.2 million seed funding circular led via Kepha partners, with contributions from MassVentures and unnamed people. The Hopkinton, MA-based mostly enterprise makes software that local governments use to improved manage information, and extra comfortably and certainly share it with citizens.
—Tim Berners-Lee, the prominent MIT professor who invented the around the world web, gained the affiliation for Computing machinery's A.M. Turing Award. The award is corresponding to a Nobel Prize for computing, and it comes with a $1 million prize from Google.
The remaining Turing Award winner from MIT changed into Michael Stonebraker in 2014, a pc scientist who has created several organizations in keeping with his foundational work in database administration techniques.
—Russ Wilcox has joined Pillar, a new early-stage undertaking fund in Boston, as a partner. Wilcox is the former CEO of E Ink, a maker of digital displays used in the Amazon Kindle, which became bought in 2009 to a Taiwanese company for an at first announced price of $215 million. (The acquisition complete ended up being about $480 million, in accordance with Wilcox's LinkedIn profile.) Later, Wilcox helped beginning Transatomic energy and was the co-founder and CEO of Piper Therapeutics. [This paragraph updated with final E Ink sale price.]
—Database know-how firm VoltDB promoted its chief revenue officer, David Flower, to the position of president and CEO. Flower succeeds Bruce reading, who led Bedford, MA-primarily based VoltDB for five years. analyzing left the business in February, according to his LinkedIn profile.
analyzing will remain an advisor to VoltDB, a spokesperson noted.
—Asics, a Japan-based mostly maker of footwear and athletic garb, plans to open a product construction lab in Boston close South Station, the Boston company Journal said. The circulation is an expansion of the firm's local presence, following its buy of Runkeeper final year.
—GE's efforts to embed itself in the Boston area's innovation scene continued with a brand new partnership with MassRobotics. beneath the partnership, MassRobotics will assist GE find and investigate robotics startups and initiatives for advantage investments, acquisitions, partnerships, and licensing deals. GE will work with MassRobotics to host hobbies and foster talk round advanced manufacturing, 3D printing, linked gadgets, drones, and synthetic intelligence.
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