Technology
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Covidien’s profits drop slightly in 1Q as sales rise 5%
Medical technology maker Covidien PLC reported first-quarter earnings of $493 million, or $1.03 per diluted share, a slight decrease from the $494 million, or $1.02 per diluted share, reported for the first-quarter of its fiscal 2012. more
| 1/25/13
Digital literacy lags state’s tech infrastructure
Ninety-eight percent of Rhode Island has high-speed Internet access, an accomplishment broadband advocates point to as a stellar foundation for working on a less-impressive statistic – about one-third of adults in Rhode Island don’t go online. more

BY RHONDA MILLER
PBN Staff Writer | 1/14/13

Slater invests $250K in Care Thread
The Slater Technology Fund has committed to $250,000 in funding to a $750,000 seed round for Care Thread, a provider of secure mobile messaging and team-based collaboration solutions for the medical industry, Slater announced Tuesday. more
| 1/8/13
Lin Media rebrands RMM to Lin Digital
Lin Media has rebranded its digital media segment RMM to Lin Digital, the company announced at the 2012 Consumer Electronics Show. more
Biomedical Structures announces facility expansion, new VP
Biomedical Structures LLC, a developer of biomedical textiles for medical devices, has expanded its medical textile development and manufacturing facilities and appointed a new vice president of research and development, the company announced Tuesday. more
| 1/8/13
New England companies head to CES 2013
Nearly 100 technology companies from around New England are exhibiting their products and services at the International Consumer Electronics Show 2013. more
Boeing Helicopters C.U. upgrades to Andera platform
Ridley Park, Penn.-based Boeing Helicopters Credit Union has upgraded to Andera’s oFlows system, a paperless platform for online account opening. more
Hasbro partners with Callaway on Potato Head app
Hasbro Inc. has partnered with Callaway Digital Arts to introduce Mr. Potato Head Create & Play, an interactive application for children. more
Natus to acquire Grass Tech group from Astro-Med for $18.6M
San Carlos, Calif.-based Natus Medical Inc. has entered into a definitive agreement to acquire the Grass Technologies product group from technology manufacturer Astro-Med Inc. for $18.6 million, the companies announced Monday. more
| 1/7/13
Kopin sells assets to IQE Plc. for $75M
(Updated, 1:15 p.m.) The Kopin Corp. has announced an agreement to sell assets relating to its III-V heterojunction bipolar transistors to IQE PLC, a leading U.K. designer and supplier of advanced semiconductor wafers, for $75 million. more
| 1/10/13
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