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Ellsworth extends planned fiber optic route

A high-speed, fiber optic broadband project under development in Ellsworth has been extended another mile, with the plan now calling for three miles of the infrastructure.

Fairchild Semiconductor to be sold to rival chip maker

Fairchild Semiconductor, which has operations in South Portland, has agreed to be bought by a fellow chip maker, ON Semiconductor, for $2.4 billion in cash.

Redzone Wireless expands coverage to Augusta area

Redzone Wireless LLC, a Camden-based wireless Internet service provider, has expanded its 4G LTE wireless network to more than 6,500 new households in the greater Augusta area.

Carbonite to add 58 employees in Lewiston

Carbonite Inc., an online data backup service headquartered in Boston, plans to hire 58 new customer and technical support employees at its Lewiston office in the next two months.

Maine native wins $1 million TED Prize for her work in archaeology

A Bangor native has been awarded a $1 million prize from the TED Foundation to pursue her work in the field of archaeology.

WEX to lose about 25 positions in IT restructuring

Paul Koenig |

WEX Inc. plans to eliminate a total of about 25 jobs next spring in a restructuring of its information technology department, a move that will include an expanded relationship with its IT partner.

Portland pursuing city broadband network

The city of Portland is seeking proposals to build a municipal broadband network to offer affordable high-speed Internet to residents and businesses.

National park app developer Chimani raises $745,000

Chimani, a Portland-based developer of national park mobile apps, said Thursday that it raised $745,000 from the Maine Venture Fund, Maine Technology Institute, Maine Angels and individual investors,...

Communities in Downeast counties to get high-speed cell service and Internet

Verizon network operator Wireless Partners LLC announced last week that 4G LTE cellular service and high-speed Internet in all service areas in eastern Hancock and Washington counties are scheduled...

Protect sensitive data used by third-party vendors

Josh Silver |

Outsourcing to third-party vendors has become a significant cost control strategy for businesses — one that also comes with significant monetary and reputational risk.