{"id":545578,"date":"2010-04-28T00:01:39","date_gmt":"2010-04-28T04:01:39","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=76166"},"modified":"2010-04-28T00:01:39","modified_gmt":"2010-04-28T04:01:39","slug":"warner-bros-acquires-turbine-athenahealth-taps-ibm-alkermes-reveals-diabetes-drug-royalty-more-boston-area-deals-news","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/545578","title":{"rendered":"Warner Bros. Acquires Turbine, Athenahealth Taps IBM, Alkermes Reveals Diabetes Drug Royalty, & More Boston-Area Deals News"},"content":{"rendered":"\n
Roundup<\/a>, deals<\/a>, Life Sciences<\/a><\/div>\n

\t\tErin Kutz wrote:<\/strong><\/p>\n

News of financings, partnerships, royalties, and acquisitions among New England’s video game, transportation, biotech, and energy companies have kept us buzzing in the last week.<\/p>\n

—Westwood, MA-based online games maker Turbine was purchased by the Home Entertainment Group of Warner Bros. Interactive Entertainment<\/a>, a unit of Time Warner (NYSE: TWX<\/a>). Turbine produces the massively multiplayer online game franchise Lord of the Rings Online, based on the books by J.R.R. Tolkien. Time Warner didn’t disclose the terms of the deal, but a source in a Boston Globe story<\/a> pegged the transaction at $160 million, which would represent a modest return for Turbine investors, who have put slightly more than $100 million into the 16-year-old company.<\/p>\n

—Zipcar, the Cambridge, MA-based car-sharing service, announced it had acquired Streetcar<\/a>, a U.K.-based company with a similar business model. The terms of the deal weren’t disclosed, but Zipcar said it brought the companies’ combined memberships to more than 400,000 and gives it the opportunity to further expand in Europe.<\/p>\n

—Qualtr\u00e9, a Marlborough, MA, maker of motion sensors for consumer electronics, announced it closed an $8 million Series B round of funding<\/a>, which included contributions from Matrix Partners and Pilot House Ventures. The money brings the company’s total funding pot to $13 million, and will go to operations, sales, and development of its products, which have applications in cellular handsets, navigation devices, and gaming controllers.<\/p>\n

—France-based bioM\u00e9rieux shelled out $5 million for an equity stake in Cambridge-based genomics analysis company Knome<\/a>, as part of a partnership deal in which it will use Knome’s technology to develop diagnostics. BioM\u00e9rieux appointed its CEO St\u00e9phane Bancel as a director on the Knome board as part of the deal.<\/p>\n

—I rounded up the top 10 largest venture deals inked in the first three months of 2010<\/a>, with data from Dow Jones VentureSource, CB Insights, and the MoneyTree Report. Healthcare companies took seven of the 10 top slots, with the biggest transaction going to Andover, MA-based TransMedics at $36 million.<\/p>\n

—Pluromed, a Woburn, MA-based maker of medical devices designed to stop bleeding during surgery, raised $1.1 million of a planned $3.9 million equity offering<\/a>. Last year the company received a $500,000 loan as part of a Massachusetts initiative to further the life sciences industry in the state.<\/p>\n

—Lebanon, NH-based Mascoma, a company developing methods for converting wood fiber and other non-edible plant material into ethanol, has raised $3.4 million of a planned $10 million round of convertible debt<\/a>, an SEC filing showed. The company received a $15 million grant from the Michigan Economic Development Corporation in June 2008 to build an ethanol plant in Kinross, in Chippewa County, and the state later pledged another $8.5 million toward the site. The new funding, which came from …Next Page »<\/a><\/span><\/p>\n

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Roundup, deals, Life Sciences Erin Kutz wrote: News of financings, partnerships, royalties, and acquisitions among New England’s video game, transportation, biotech, and energy companies have kept us buzzing in the last week. —Westwood, MA-based online games maker Turbine was purchased by the Home Entertainment Group of Warner Bros. Interactive Entertainment, a unit of Time Warner […]<\/p>\n","protected":false},"author":1661,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,7,10],"tags":[],"class_list":["post-545578","post","type-post","status-publish","format-standard","hentry","category-energy","category-news","category-software"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/545578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1661"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=545578"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/545578\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=545578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=545578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=545578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}