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The deal will see the assets of SeaChange sold for $30 million, minus the company’s cash and cash equivalents at closing.
Golf simulators harmonize well with green-grass courses, said Jesse Menachem, executive director and CEO of Mass Golf, an association of golf clubs in the state.
Local unemployment rates throughout Central Massachusetts climbed to begin 2024, although the January figures are still lower than the rate seen at that time last year.
Milford Regional Medical Center is hosting a ribbon-cutting for Milford Regional in Medway, a new community-based satellite location, on Wednesday.
A candlepin bowling alley that has operated in Spencer for 58 years has been sold to another longtime Central Massachusetts candlepin alley operator.
The unemployment rate in Massachusetts fell in January, with large job gains in the professional, scientific and business services sector.
Clark University, the Leominster East Side Community Center, and the MetroWest YMCA Regional Early Learning Center are among the 20 Central Massachusetts entities slated to benefit from $23.08 million in federal funding pending final approval by the…
As state regulators investigate nurses’ claims of unsafe conditions at Saint Vincent Hospital, a national accrediting agency has found the Worcester healthcare provider is not compliant with industry standards.
EchoStor Technologies expanded into Connecticut in 2021. It grew to 12 employees at its Windsor office in 2023 and now has 25 employees at the location, which serves as its headquarters for Connecticut, New York, and New Jersey.
Central Massachusetts businesses in Worcester, Natick, and Hudson are among those benefiting from a Gov. Maura Healey Administration grant injecting $3.14 million into the state’s manufacturing industry.
Although used in technology like Google searches for decades, the buzz around the use of artificial intelligence in business has soared in the last year, largely due to advances from the company OpenAI and its AI system ChatGPT. Companies have explored using AI to automate more processes, although fears around the technology's use are rampant, too. For example, part of the Hollywood writers' strike centered around using AI to develop scripts, and part of the new union contract included guarantees against certain uses of AI in moviemaking and television.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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