Technology
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KVH appoints Greek distributor
KVH Industries Inc. has appointed Athens-based KB Impuls Hellas as its new marine distributor in Greece. more
Oshean launches Beacon 2.0
Using a federal grant of $27 million and $10 million in private investment, Oshean and Cox Business have been installing a high-capacity, high-speed fiber optic network across the state. more
GTECH signs extension with Finnish lottery
GTECH Corp. has signed a five-year contract extension with Veikkaus Oy, the operator of the Finnish National Lottery. more
Merchant Data Systems enters R.I.
Merchant Data Systems – a payment processing company that provides full-time services – is expanding its brand to states across the U.S., including Rhode Island. more
Amgen gets high court review of class-action stock fraud suit
The U.S. Supreme Court will decide whether investors must prove that misinformation from Amgen Inc. propped up its stock price before they can pursue a class-action stock-fraud suit against the world’s largest biotechnology company. more
Google hosts day-long business program in R.I.
All day Monday, Google is leading Rhode Island Get Your Business Online event at the Convention Center. more
| 6/11/12
Schilling’s 38 Studios declares bankruptcy; investigation begins
PROVIDENCE – Beleaguered video game company 38 Studios LLC last week declared Chapter 7 bankruptcy, as a formal investigation of the company began. more
6/11/12
KVH to sell TracPhone in South America
MIDDLETOWN – KVH Industries Inc. – the world’s leading maritime VSAT provider – will offer its mini-VSAT broadband service and TracPhone satellite-communications terminals to maritime customers throughout South America through a partnership with Tesacom. more
6/11/12
Utilidata open for business
Scott DePasquale, executive chairman of Utilidata and a partner with Braemar Energy Ventures, speaks during the June 5 opening of the former’s Providence headquarters. The firm provides advanced automated energy-conservation and management technology services. It moved from Spokane, Wash., after receiving venture-capital financing from Braemar and a $500,000 loan from the Rhode Island Renewable Energy Fund. The firm has created eight jobs locally and expects a total of 47 high-paying, new jobs created by 2015. more
6/11/12
KVH lands $35.6M order from Saudi Arabian National Guard
KVH Industries Inc. landed a record $35.6 million contract from the Office of the Program Manager for the Saudi Arabian National Guard. more
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