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Technology

  • New year brings new resolutions for business leaders

    Renee Cordes January 7, 2019

    With the new year upon us, Mainebiz asked business and nonprofit leaders about their business resolutions for 2019, including hiring and growth plans. Here in no particular order is our roundup of new year's resolutions:

    Renee Cordes January 7, 2019

  • Redzone completes 2018 expansion, with more to come in 2019

    Staff December 31, 2018

    Redzone Wireless LLC announced completion of broadband networks in four towns across the state, and said plans to expand to another 25 towns in 2019 will be announced in January.

    Staff December 31, 2018

  • MTI reports on record funding year in 2018

    Staff December 28, 2018

    The Maine Technology Institute released its 2018 annual report highlighting a record year of financial support to Maine companies and said it will unveil a new funding approach in March.

    Staff December 28, 2018

  • MTI seeks innovative forest resource technology proposals

    Staff December 17, 2018

    The Maine Technology Institute is looking for innovative proposals for deploying forest technology in the state, with $1.5 million in grants available to winners.

    Staff December 17, 2018

  • Software company expands into Maine with Portland office

    Staff December 10, 2018

    Rapid Insight, an analytics software solutions company based in Conway, N.H., has expanded into Maine with a new office at 120 Exchange St. in Portland.

    Staff December 10, 2018

  • Coalition calls for expanding computer science education in Maine

    Staff December 7, 2018

    The Maine State Chamber of Commerce and other entities on Friday unveiled a coalition to promote computer science education for all Maine students from kindergarten through grade 12.

    Staff December 7, 2018

  • Ceramic filter maker Cerahelix opening manufacturing site in Bangor

    Staff December 3, 2018

    Cerahelix, an Orono-based innovator of ceramic filters for a wide range of industries including mining, food and beverage and pharmaceuticals, is revving up for its next phase with the opening of a manufacturing site in Bangor.

    Staff December 3, 2018

  • Go.Verizon: Portland best city in U.S. for small businesses

    Staff November 26, 2018

    Portland is the No. 1 ranked city in the newly released “Best Small Cities for Small Businesses” report issued by Go.Verizon.com, an authorized brand partner of Verizon.

    Staff November 26, 2018

  • Group eyes global ‘nanosatellite’ market as opportunity for Maine

    Staff November 26, 2018

    The Maine Space Grant Consortium is looking at the growing global nanosatellite market as an opportunity for Maine interests.

    Staff November 26, 2018

  • Parsifal Corp. relocates to Fairfield, adds jobs

    Maureen Milliken November 26, 2018

    Relocation and procurement technology firm Parsifal Corp. has moved from Waterville to Fairfield, adding two-dozen jobs with plans to add more.

    Maureen Milliken November 26, 2018

  • Athenahealth, with 950 workers in Belfast, to be sold for $5.7B cash

    Staff November 13, 2018

    Athenahealth Inc. (NASDAQ: ATHN), one of Waldo County's largest employers with 950 workers at its Belfast offices, announced Monday it had entered an agreement to be acquired by private-equity firm Veritas Capital and Elliott Management Corp. for $5

    Staff November 13, 2018

  • Deals, deals, deals: Maine companies are hot property

    Peter Van Allen November 12, 2018

    The recent acquisition of Waterboro-based Howe & Howe Technologies, maker of sophisticated off-road and robotic vehicles for the Army, is just the latest in what is shaping up as a very busy year of deals in Maine.

    Peter Van Allen November 12, 2018

  • Northern Light Health ACO partners with Boston tech firm

    Staff November 7, 2018

    Northern Light Beacon Health ACO will partner with a Boston tech firm to implement a system for coordinating patient care in real time between different health care providers throughout the state.

    Staff November 7, 2018

  • WEX beats Q3 expectations, announces partnership to bring its technology to Japan

    Staff October 31, 2018

    WEX Inc. (NYSE: WEX) reported today that it achieved its ninth consecutive quarter of double-digit top-line growth, beating expectations with total revenue for the third quarter increasing 18% to $382.7 million, up from $324.0 million for the same

    Staff October 31, 2018

  • CLYNK names new CEO, pivots into tech

    Staff October 31, 2018

    CLYNK, a national technology leader in the recycling sector based in Maine, has named Alison Vanderhoof as its president and CEO.

    Staff October 31, 2018

  • South Paris's Mingle Analytics merges with Utah's SilverVue

    Staff October 25, 2018

    Mingle Analytics in South Paris has merged with SilverVue Inc. in Sandy, Utah. Both companies will keep their respective headquarters locations.

    Staff October 25, 2018

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Today's Poll

Do you rent or own a home?
Poll Description

Maine's housing shortage is fueling the cost of buying a home. In March, Maine's median home price was $381,500, up 9% from a year ago, according to Maine Listings. In Cumberland County, including the Portland area, the median sales price was $565,000 last month. 

Higher prices are also putting pressure on the rental market. Young people, singles and families new to Maine are looking to get rentals, but so are potential home buyers who can't find a home in their price range. Higher interest rates are also an issue.

As a place to rent, Maine ranks No. 13 in the U.S., with average monthly rents reaching $1,971, according to a new Ipsos iSay survey of American renters.

With so many people shut out of buying a home, we're curious what alternatives people are finding. 

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