KVH Industries Inc. posted a 34.9 percent year-over-year increase in sales in the second quarter of 2013 and saw profit more than triple over the second quarter of 2012, the company reported Wednesday.
Schneider Electric SA agreed to buy the U.K.’s Invensys Plc for 3.4 billion pounds ($5.2 billion) to add software and control systems used by chemicals makers, oil refineries, and mining companies.
By Francois de Beaupuy and Alex Pashley Bloomberg News
GreenBytes Inc., a developer of virtual desktop and cloud-scale IO-offload and data deduplication solutions, chose Chris Brandon as its new vice president of solutions architecture and technical services, the company announced.
Mike Rowan, the vice president of research and development service at Boulder, Colo.-based email delivery service SendGrid, is also the head of the Providence-based SendGrid Labs, the company’s research and development arm, which opened in Providence in the May 2012. more
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