Friday - March 14, 2025
State Tipoffs Involving Massachusetts Newsletter for Wednesday February 12, 2025 ( 18 items )  

Anthos Therapeutics to Be Acquired by Novartis for Up to $3.1 Billion
BOSTON, Massachusetts, Feb. 12 -- Goodwin, a law firm, issued the following news release: * * * Anthos Therapeutics To Be Acquired by Novartis For Up To $3.1 Billion The Life Sciences and M&A teams advised Anthos Therapeutics in its agreement to be acquired by Novartis for up to $3.1 billion. Anthos was founded by Blackstone Life Sciences and Novartis in 2019 with the exclusive global rights from Novartis to develop, manufacture, and commercialize abelacimab, a novel factor XI inhibitor that   more

Arrests in Connection with the Death of Justina Steffy in Keene, New Hampshire
CONCORD, New Hampshire, Feb. 11 -- New Hampshire Attorney General John Formella issued the following news release: * * * Arrests in Connection with the Death of Justina Steffy in Keene, New Hampshire Concord, NH - Attorney General John M. Formella and Keene Police Chief Steven M. Stewart announce that arrests have been made in connection with the investigation into the death of Justina Steffy (age 31), whose body was recovered in Warwick, Massachusetts, on October 23, 2024. Investigators de  more

Audax Private Equity Completes Exit of Proud Moments
BOSTON, Massachusetts, Feb. 12 -- Ropes and Gray, a law firm, issued the following news: * * * Audax Private Equity Completes Exit of Proud Moments Ropes & Gray represented Audax Private Equity in its completed sale of Proud Moments ABA, a provider of applied behavioral analysis (ABA) therapy to children with autism, to Providence-based private equity firm Nautic Partners. The completed deal was announced in a February 10 press release. Headquartered in Boston, with offices in San Francisco  more

Capital Markets Group Guides Butterfly Network on $86.9 Million Public Offering
BOSTON, Massachusetts, Feb. 12 -- Foley Hoag, a law firm, issued the following news: Foley Hoag's Capital Markets group advised Butterfly Network, Inc. (NYSE: BFLY), a digital health company, in the registered offering of 27.6 million shares of its Class A common stock at a public offering price of $3.15 per share, inclusive of the underwriters' option to purchase additional shares. The gross proceeds to Butterfly Network from the offering, before deducting underwriting discounts and commissio  more

GE Vernova CEO Scott Strazik to speak at Citi and Barclays conferences in Miami
CAMBRIDGE, Massachusetts, Feb. 12 [Category: BizEnergy] -- G.E. Vernova, an energy company, issued the following news release: * * * GE Vernova CEO Scott Strazik to speak at Citi and Barclays conferences in Miami CAMBRIDGE, Mass. (February 11, 2025) - GE Vernova Inc. (NYSE: GEV) Chief Executive Officer Scott Strazik will present at two upcoming sell-side hosted conferences in Miami, Florida to discuss how the company is a uniquely positioned industry leader, delivering on growing demand and c  more

Goodwin Advises Harness on Merger With Traceable to Shape the Future of AI-Driven Software Delivery
BOSTON, Massachusetts, Feb. 12 -- Goodwin, a law firm, issued the following news release: * * * Goodwin Advises Harness on Merger with Traceable to Shape the Future of AI-Driven Software Delivery The Technology M&A team advised Harness on its entrance into a definitive merger agreement with Traceable, the next-generation API Security Platform, creating the world's most advanced AI-native DevSecOps platform. Together, Harness and Traceable will enable software teams to seamlessly develop, depl  more

Grid Power Converting Systems: Powering the Renewable Energy Transition
DEDHAM, Massachusetts, Feb. 12 -- The Arc Advisory Group issued the following news release: * * * Grid Power Converting Systems: Powering the Renewable Energy Transition ARC Advisory Group research unravels the explosive growth and technical evolution of Grid Power Converting Systems (PCS). PCS are at the heart of the renewable energy transition. Modern PCS have many advanced control features that make renewable power efficient, safe, and capable of stabilizing electric grids. The solar and w  more

India's Smartphone Market Grew 4% in 2024 to 151 Million Units
NEEDHAM, Massachusetts, Feb. 12 [Category: BizConsulting] -- International Data Corp., a provider of market intelligence and advisory services, posted the following news release: * * * India's Smartphone Market Grew 4% in 2024 to 151 million Units INDIA, February 10, 2025 - According to International Data Corporation 's (IDC) Worldwide Quarterly Mobile Phone Tracker, India's smartphone market grew 4% year-over-year (YoY), with shipments reaching 151 million units. A strong first half with 7%   more

Indonesia's Smartphone Market Posts Strong Recovery With 15.5% Growth in 2024, IDC Reports
NEEDHAM, Massachusetts, Feb. 12 [Category: BizConsulting] -- International Data Corp., a provider of market intelligence and advisory services, posted the following news release: * * * Indonesia's Smartphone Market Posts Strong Recovery with 15.5% Growth in 2024, IDC Reports Indonesia's Smartphone Market Year-over-Year Growth in 2024 is Driven by Ultra Low-End Segment and Affordable 5G Offerings JAKARTA, 11 February 2025 -- Indonesia's smartphone market grew by 15.5% YoY to nearly 40 million  more

Maine PUC Approves Limited Exemption for Portland Natural Gas Transmission System
AUGUSTA, Maine, Feb. 12 -- The Maine Public Utilities Commission (PUC) has approved a limited exemption from reorganization requirements for the Portland Natural Gas Transmission System (PNGTS). The decision, issued February 11, 2025, grants PNGTS a partial reprieve from the stringent regulations outlined in 35-A M.R.S. Sec.708, while still maintaining oversight over key transactions. PNGTS, which operates a 295-mile interstate pipeline, transports natural gas across Maine, New Hampshire, and M  more

Methuen Digital Equity Study
WATERTOWN, Massachusetts, Feb. 12 -- Vanasse Hangen Brustlin Inc., a provider of transportation planning, engineering, design, land development and environmental services, issued the following news: * * * Methuen Digital Equity Study Methuen, MA The journey towards digital equity is transformative for communities seeking to thrive in today's digital age. Digital equity means providing everyone with access to reliable broadband, digital devices, and training opportunities to access social and  more

Mintz Advises Searchlight Cyber on Acquisition of Assetnote
BOSTON, Massachusetts, Feb. 12 -- Mintz, a law firm, issued the following news release: * * * Mintz Advises Searchlight Cyber on Acquisition of Assetnote Mintz advised Searchlight Cyber, a portfolio company of Charlesbank Capital Partners, on the acquisition of Assetnote, an Australian-based Attack Surface Management (ASM) platform provider. This acquisition will combine Assetnote's industry-leading ASM solution with its dark web intelligence and monitoring capabilities, creating a Continuo  more

Philippines Smartphone Market Sees Continued Growth for the Second Consecutive Year in 2024, Says IDC
NEEDHAM, Massachusetts, Feb. 12 [Category: BizConsulting] -- International Data Corp., a provider of market intelligence and advisory services, posted the following news release: * * * Philippines Smartphone Market Sees Continued Growth for the Second Consecutive Year in 2024, says IDC MANILA, 11 February 2025 - According to International Data Corporation's (IDC) Quarterly Mobile Phone Tracker, the Philippines smartphone market registered 6.1% year-over-year (YoY) growth to almost 18 million   more

Sionna Therapeutics Closes $219.2 Million Upsized IPO
BOSTON, Massachusetts, Feb. 12 -- Ropes and Gray, a law firm, issued the following news: * * * Sionna Therapeutics Closes $219.2 Million Upsized IPO Ropes & Gray represented the underwriters in Sionna Therapeutics' initial public offering of 12,176,467 shares of its common stock at $18 per share. The closing of the upsized offering was announced on Feb.10. Sionna Therapeutics is the first Massachusetts-headquartered company to close its IPO in 2025. Sionna is a clinical-stage biopharmaceutic  more

Temporary Restraining Order Issued in AG Nessel Challenge on Medical and Public Health Research Funding Cuts
LANSING, Michigan, Feb. 10 -- Michigan Attorney General Dana Nessel issued the following news release: * * * Temporary Restraining Order Issued in AG Nessel Challenge on Medical and Public Health Research Funding Cuts LANSING - Judge Angel Kelley of the United States District Court for the District of Massachusetts granted Michigan Attorney General Dana Nessel's request for a Temporary Restraining Order after a coalition of 22 attorneys general filed a challenge to the Trump Administration's   more

Thailand's Smartphone Market Grew 17.1% in 2024 to 16.9 Million Units, Says IDC
NEEDHAM, Massachusetts, Feb. 12 [Category: BizConsulting] -- International Data Corp., a provider of market intelligence and advisory services, posted the following news release: * * * Thailand's Smartphone Market Grew 17.1% in 2024 to 16.9 Million Units, Says IDC Thailand's remarkable smartphone market year-on-year growth in 2024 is driven by entry-level models and a significant boost from mass-market offerings and financing programs. BANGKOK, 11 February 2025 - According to International D  more

Vecino Group Earns Two National Grid Economic Development Incentives for Projects in Canton and Potsdam
WALTHAM, Massachusetts, Feb. 12 -- National Grid, an electricity and natural gas delivery company, issued the following news release: * * * Vecino Group Earns Two National Grid Economic Development Incentives for Projects in Canton and Potsdam POTSDAM, N.Y. -- National Grid continues its role as a partner in growing the Northern New York economy by awarding a pair of grants to The Vecino Group to revitalize properties in the neighboring villages of Canton and Potsdam. "The energy sector play  more

VHB Welcomes Jay Jenkins as Georgia Real Estate & Institutions Market Leader
WATERTOWN, Massachusetts, Feb. 12 -- Vanasse Hangen Brustlin Inc., a provider of transportation planning, engineering, design, land development and environmental services, issued the following news: * * * VHB Welcomes Jay Jenkins as Georgia Real Estate & Institutions Market Leader Enhancing Atlanta's Real Estate and Institutional Market Footprint. VHB is pleased to announce that Jay Jenkins has joined our team as Georgia Real Estate & Institutions Market Leader. With a career spanning more t  more