For Media Inquiries, Please Contact:
Katja Gagen, VP Marketing
Google Inc. signed a definitive agreement to acquire ITA Software Inc., the company that revolutionized air fare shopping, for $700 million in cash. The deal requires regulatory approval.
On a telephone call with analysts and reporters, Google chief executive Eric Schmidt said airline travel and search represent a “perfect opportunity for more innovation, more investment and more interesting products.”
Biofuels firm Stellenbosch Biomass Technologies (SBMT) is launching in South Africa to commercialise technology developed by Massachusetts-based Mascoma. The firm will work with Stellenbosch University to develop the technology and plans to build a demonstration-scale plant within the next two years, subject to securing investment.
If you read this, you might want to send your CV to Mike Torto at rPath.
Mike Torto has been CEO of rPath, a start up enterprise software company since May 2009. He loves his life and is conscious of the life/work balance he has created for himself.
Mike commutes from Boston, Mass to Raleigh, North Carolina where he works! When I read those words in a recent article, my first thought was “What?!! With so many people trying to reduce travel to improve balance in their lives, how is this guy claiming to have a great life balance and enjoy quality time with himself.”
I knew I had to call him to get the story of how he commutes from state to state, enjoys time with his three daughters, speaks at universities and run a start-up technology company.
Peering inside one of his company’s products, Mitch Tyson sees more than just a mesmerizing blue cloud of electrons. He also sees the type of innovation needed to cut energy use by energy-hungry industrial companies. Advanced Electron Beams Inc., based in Wilmington, is one of several local companies helping manufacturers and other industrial customers to substantially reduce their energy needs. The firm’s electron emitter is currently being used to sterilize food and beverage packaging and has a wide range of other potential applications that could save energy for industry, said Tyson, the company’s CEO.