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Technology
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Portland financial firm makes 7th acquisition in two years
Updated: June 9, 2021In a transaction expected to close Wednesday, Foreside Financial Group will acquire Golden Bear Consulting LLC, a boutique regulatory compliance firm based in Newport Beach, Calif.
Updated: June 9, 2021
Data center's plan for Millinocket marks milestone for mill site's redevelopment
June 7, 2021California-based Nautilus Data Technologies will build an 84,000-square-foot data center on the former Great Northern Paper mill site, becoming the anchor and first tenant for the innovation and technology campus there.
June 7, 2021
Three Maine startups get into competitive cleantech accelerator
Updated: June 4, 2021The 2021 Cleantech Open Northeast cohort consists of 52 startups from across the region and from other countries. The field is the largest in the program's history.
Updated: June 4, 2021Maine community colleges, nonprofits launch $1.2M effort to train remote workers
June 3, 2021Remote Work for ME will offer tuition-free training to help Mainers pursue remote jobs. Courses begin in January, and over three years are expected to prepare over 700 students for virtual work in fields such as medical transcription and financial
June 3, 2021
Hampden bridge reopening marks UMaine technology milestone
Updated: June 3, 2021The technology used to create the beams for the Grist Mill bridge, developed at the University of Maine Advanced Structures and Composites Center, is a major advance in maintaining and building durable less expensive bridges — and is in demand
Updated: June 3, 2021
$12M investment expected to fuel Portland-based VETRO's growth in broadband mapping
Updated: June 2, 2021The money will go toward product expansion and talent recruitment in support of the company’s growth. VETRO makes a cloud-based “internet infrastructure intelligence" software platform used to plan, map and manage fiber optic networks.
Updated: June 2, 2021WEX completes $275M acquisition of Illinois-based benefits company
June 1, 2021The deal for benefitexpress was announced in April, and will expand WEX's offerings for handling employee benefits, the company says.
June 1, 2021
Tech boom: With global reach and mission-driven values, Maine tech makes an impact
Updated: May 30, 2021The state is attracting new types of technology companies, and putting a Maine spin on their products and services. Tech businesses are forming partnerships through the Roux Institute and advancing fields such as finance and animal health.
Updated: May 30, 2021
Mass. tech startup to join growing ranks of Roux Institute residents, says hiring 'underway'
Updated: May 20, 2021Kebotix Inc., based in Cambridge, Mass., is partnering with Northeastern University's Roux Institute to establish an office and research footprint in Maine and to hire local talent.
Updated: May 20, 2021
Portland entrepreneur wins national award as growing startup readies product launch
Updated: May 19, 2021Justin Hafner, co-founder and CEO of Kinotek Inc., is the first Maine business leader to be chosen for the Front Office Sports Rising 25 Awards, which recognizes the country's top young movers and shakers in the sports industry.
Updated: May 19, 2021
Portland-based Forager raises $4M to expand tech-enabled local food sales channels
May 17, 2021The latest round of funding will help the company build sales channels and further develop its app, which connects local food producers and sellers.
May 17, 2021
Mills looks to fill 'critical' funding need in Maine career and tech ed centers
Updated: May 17, 2021Gov. Janet Mills has proposed spending $20 million on program, equipment and facility upgrades for the state’s 27 career and technical education centers as part of the Maine Jobs & Recovery Plan.
Updated: May 17, 2021
Portland building anchored by Consolidated Communications sells for $11.75M
May 9, 2021Originally developed for Northern New England Telephone Co., offers came from throughout the country. The buyer was willing to tour the property early, an important consideration for their selection.
May 9, 2021
5 finalists named for $50,000 LaunchPad contest
Updated: May 10, 2021Five finalists out of 150 applicants were selected to compete in Gorham Savings Bank's 2021 LaunchPad competition, which will take place on June 1.
Updated: May 10, 2021
WEX posts 5% drop in Q1 revenue as pandemic 'headwinds' linger
Updated: April 29, 2021First-quarter revenue decreased 5% to $410.8 million from $431.7 million a year earlier, while earnings per diluted share were 1% lower than the same period last year.
Updated: April 29, 2021
On the Record: Portland attorney-entrepreneur Krystal Williams is 'embedding equity'
Updated: May 3, 2021Every entrepreneur needs a community, says the founder of law and business advisory firm Providentia Group. Williams is working to create such a community for entrepreneurs who are Black, Indigenous and people of color.
Updated: May 3, 2021
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