SpeechCycle Closes $10 Million Financing Led By M/C Venture Partners
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SpeechCycle Inc., a leading provider of on-demand, intelligent automated  agents for the cable and telecom industry, announced the completion of a  $10 million round of equity financing.
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The company's development group has been hit with layoffs.
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Start-up ClearCube pulls in funding from Focus Ventures.
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UK mobile messaging firm 'ceases trading'
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Parting is such sweet sorrow? Charles Schwab &amp; Co. (nyse: SCH - news - people ) will keep ousted Chief Executive David Pottruck on the books under a $10 million contract that also has the possibility of big stock awards.
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Biomet, a major manufacturer of artificial hips and knees, said today that it had agreed to be acquired by a private investment consortium for $10.9 billion.
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Predix Pharmaceuticals of Woburn today will reveal completion of a third round of venture capital raising $43 million. Funders included Forward Ventures, Boston Millennia Partners, CMEA Ventures, and new investors Novel Bioventures, Yamanouchi Venture Capital, Yasuda and Jafco Ventures. The company, founded in 2000, is developing treatments for anxiety, Alzheimer's disease, and pulmonary hypertension. Its lead compound for anxiety is ...
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A flash memory joint venture owned by STMicroelectronics  , Intel Corp  and Francisco Partners will get about half the debt financing originally intended and has delayed closing until March 28.
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Hynix Semiconductor wrapped up a $830 million sales deal of its non-memory unit with Citigroup Venture Capital (CVC), the worldâs second-largest memory chipmaker said Wednesday.
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CV Therapeutics out-licenses one of its technologies.
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Codon Devices, of Cambridge, has closed a second round of venture financing, worth $20 million, as it seeks to further commercialize its novel method of building DNA and genetic material from scratch.
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Wheeling-Pittsburgh Corp., a metal products company, on Wednesday it has closed a public offering of 3.65 million common shares that helped raise $100 million to be used to pay down debt.
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As expected, the chipmaker announces 10,500 layoffs as part of a strategy to cut costs and regain momentum.
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The second-largest provider of consumer voice-over-internet appears to have gone out of business. The rumor, started when SunRocket, second only to Vonage in terms of user base, stopped taking new service orders, is confirmed.
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K2 Network, Inc. (www.k2network.net),  an online game publisher, today announced that the company has closed a  $16 million Series B round of venture capital led by Intel Capital, the  investment arm of Intel Corporation.
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The company is a second-string wholesaler no more.
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Ending a streak of 10 consecutive months of growth, the U.S. manufacturing economy unexpectedly contracted in December, a private research group said.