Xconomy Report For Oct. 21, 2011

Friday, October 21, 2011   0 comments.

Oct. 21, 2011

BOSTON — A Boston-area tech company is involved in one of the most ambitious federal projects of our time. Security Innovation, based in Wilmington, makes the software behind what could be the nation’s first wireless collision avoidance system for cars. A pilot study of 3,000 cars is rolling out next year. Eventually, all cars made in the U.S. could be required to have the technology. 
 
In other innovation news:
 
Boston-based Third Rock Ventures put $35 million behind a new company, Sage Therapeutics, that aims to develop a novel class of drugs for schizophrenia, depression, and other brain disorders.
 
Cambridge-based Vertex Pharmaceuticals is seeking FDA approval for a drug that would offer a new way of treating cystic fibrosis.
 
Finally, two deals this week continue a recent trend of Boston-area tech companies being bought out by West Coast giants. Endeca Technologies, an enterprise search company in Cambridge, is being acquired by Oracle for an undisclosed sum. Boxborough-based BNI Video, a startup that makes Internet software for cable companies, is being snapped up by Cisco for $99 million.

The weekly roundup of business, technology and life science news from our partners at Xconomy.com airs every Friday on WGBH 89.7 Boston Public Radio.

Innovation Hub: Introducing Ourselves!

By Kara Miller   |   Friday, October 7, 2011   0 comments.

Welcome to Innovation Hub! Each week on this show, we’ll hear from the most inventive, creative minds around and ask: What are they thinking? Building? Creating?

We’ll talk to entrepreneurs who are trying to make medical procedures cheaper and safer, scientists making better batteries for cars, principals who have changed their schools because of the latest research on Advanced Placement tests.

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About Innovation Hub

Each week, Kara Miller talks to Boston's most innovative thinkers, examining new ideas and potential solutions to today’s many challenges. Topics range from education to health care to green energy. Join us on Saturdays at 7 a.m. and Sundays at 10 p.m.

Kara Miller
As a radio host, Kara Miller has interviewed thinkers from E.J. Dionne to Howard Gardner, Deepak Chopra to Lani Guinier. She is a panelist on WGBH-TV's "Beat the Press," as well as an Assistant Professor at the University of Massachusetts Dartmouth. Her writing has appeared in The Boston Globe, The National Journal, The Boston Herald, Boston Magazine, and The International Herald Tribune.

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