Wednesday - October 23, 2024
State Tipoffs Involving Massachusetts Newsletter for Thursday October 17, 2024 ( 11 items )  

Akamai Adds Behavioral DDoS Engine to App & API Protector
CAMBRIDGE, Massachusetts, Oct. 17 -- Akamai Technologies, a provider of content delivery network services, issued the following news release on Oct. 16, 2024: * * * New solution leverages machine learning and global intelligence to enhance robust detection and mitigation capabilities against application-layer DDoS attacks * * * Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the availability of Behavioral DDoS Engine for its A  more

Attorney General's Office Seeks Community Feedback To Inform Drafting Of Assisted Living Residences Regulations
BOSTON, Massachusetts, Oct. 16 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release on Oct. 15, 2024: The Massachusetts Attorney General's Office (AGO) is seeking public feedback to inform drafting consumer protection regulations for assisted living residences in Massachusetts. Members of the public can provide comments to the AGO through an online form, available here (https://massgov.formstack.com/forms/community_feedback_on_ago_assisted_living_residences).   more

Healey-Driscoll Administration Announces More Than $21 Million in Tax Incentives for 19 Massachusetts Life Sciences Companies
BOSTON, Massachusetts, Oct. 16 -- Gov. Maura Healey, D-Massachusetts, issued the following news release on Oct. 15, 2024: * * * Massachusetts Life Science Center Incentives expected to create 1,155 new life sciences jobs; Since MLSC's inception, Tax Incentive Program has helped create over 18,000 jobs * * * The Healey-Driscoll Administration and the Massachusetts Life Sciences Center (MLSC) announced $21.4 million in tax incentive awards to 19 life sciences companies. The awards, provided th  more

HMH Launches New Generative AI-Powered Classroom Engagement Tool to Support Whole Class Instruction
BOSTON, Massachusetts, Oct. 17 -- Houghton Mifflin Harcourt issued the following news release on Oct. 16, 2024: * * * Response summarization tool empowers teachers to instantly assess student understanding, adapt instruction in real time * * * Adaptive learning company HMH today announced HMH Classcraft's TM AI Summarization tool, which allows teachers to quickly understand student comprehension and adapt instruction in the moment. This innovative tool, powered by generative AI, analyzes ope  more

Mass. A.G. Campbell: New Bedford Menswear Company Cited For Violating Workers' Rights
BOSTON, Massachusetts, Oct. 17 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release on Oct. 16, 2024: * * * Citations Include Over $218,300 in Restitution and Penalties * * * The Massachusetts Attorney General's Office (AGO) today announced that it has issued citations against a New Bedford-based menswear company, Joseph Abboud Manufacturing Corp., the company's President John Tighe, and Vice President Joe Bahena, for violating various state employment laws  more

Ropes & Gray Advises HarbourVest on Their Investment in Insight Partners' $1.5 Billion Continuation Fund III
BOSTON, Massachusetts, Oct. 17 -- Ropes and Gray, a law firm, issued the following news: Insight Partners announced on October 15 the successful closing of Continuation Fund III, with HarbourVest Partners leading a group of limited partners (LPs) investing in the fund. Ropes & Gray advised HarbourVest Partners on their investment in the fund, which closed with total commitments of approximately $1.5 billion. HarbourVest is an independent, global private markets firm with over 42 years of exper  more

Ropes & Gray Advises Sands Capital in $100 Million Series D Financing for Cytovale
BOSTON, Massachusetts, Oct. 17 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented Sands Capital in leading $100 million in Series D financing for Cytovale, a commercial-stage medical diagnostics company focused on advancing early detection technologies to diagnose fast-moving and immune-mediated diseases. The funding was announced in an Oct. 10 press release. Sands Capital is an active, long-term investor in leading innovative businesses globally. The firm mana  more

Ropes & Gray Advises Underwriters in $400 Million Investment-Grade Bond Offering for Blackstone Secured Lending Fund
BOSTON, Massachusetts, Oct. 17 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented the underwriters in Blackstone Secured Lending Fund's $400 million in aggregate principal amount of 5.350% notes due 2028. The transaction closed on Oct. 15. Blackstone Secured Lending Fund is a business development company that invests primarily in the debt of private U.S. companies. As of June 30, its fair value of investments is approximately $11.3 billion. The deal team was l  more

Ropes & Gray Represents BV Investment Partners in Sale of Risk International
BOSTON, Massachusetts, Oct. 17 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented BV Investment Partners its sale of insurance consulting company, Risk International, to Arthur J. Gallagher & Co. and its alternative risk and capital solutions subsidiary, Artex. The announcement was made in an Oct. 2 press release. Financial terms were not disclosed. BV Investment Partners is one of the oldest and most experienced sector-focused private equity firms in North Amer  more

Vanasse Hangen Brustlin Inc.: An Interview With Michael Petrin - Sharing Insights on Net-Zero Mobility Goals From a Land Development Perspective.
WATERTOWN, Massachusetts, Oct. 17 -- Vanasse Hangen Brustlin Inc., a provider of transportation planning, engineering, design, land development and environmental services, issued the following Q&A on Oct. 16, 2024, with land development team leader Michael Petrin: * * * Michael Petrin is a leading voice in western Massachusetts and Connecticut's land development market with 25 years of experience in civil and site engineering. As Land Development Team Leader in Springfield, MA, he brings a for  more

Vanasse Hangen Brustlin Inc.: Construction Begins for the Historic Long Bridge Project
WATERTOWN, Massachusetts, Oct. 17 -- Vanasse Hangen Brustlin Inc., a provider of transportation planning, engineering, design, land development and environmental services, issued the following news on Oct. 16, 2024: * * * Groundbreaking brings region one step closer to expanded passenger & freight rail. * * * In a significant milestone for regional transportation and infrastructure, the Long Bridge Project has officially broken ground for construction. On October 15, Secretary of Transportat  more