Needham Local Business
Friday May 8 | via SouthCoastToday.com
A Region C casino license should be granted and strong demographics show it should go to the Somerset applicant, a 126-page marketing analysis released by an industry firm maintains. Consultants for Somerset selectmen released to The Herald News an April 14 report by WhiteSand Gaming calling Somerset “the ideal location” for Massachusetts to slow gaming revenues leaving the state and draw from the widest audience to this region. Comment?
Wednesday May 6 | via Philly.com
PTC , a Needham, Mass., software conglomerate that has focused on the Internet of Things - sensors and software that help machines share data so people don't have to - said Tuesday it had agreed to buy Wayne-based ColdLight Solutions L.L.C. and its Neuron data-analytics software platform for $105 million. The deal follows PTC's 2014 purchase of Exton-based ThingWorx , which helps corporate clients process user data from "smart connected products" for $112 million, plus a bonus if sales rise. Comment?
Tuesday May 5 | via Business Journal
Massachusetts software company PTC Inc. said Tuesday that it has agreed to acquire ColdLight , a Pennsylvania-based maker of software that uses analytics to evaluate data from connected devices, for approximately $105 million. PTC said the acquisition of ColdLight's automated predictive analytics software will bolster PTC's technology portfolio and extend PTC's venture into the Internet of Things market. Comment?
Sunday May 3 | via AmericanBankingNews.com
's stock had its "sell" rating reaffirmed by Zacks in a research report issued to clients and investors on Friday. Zacks' analyst wrote, "PTC Inc. develops, markets, and supports software solutions. Comment?
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