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Professional services

  • Kepware to be bought by Massachusetts firm for $100M

    December 23, 2015

    PTC (NASDAQ: PTC), an Internet of Things technology company based in Needham, Mass., announced today it has signed a definitive agreement to acquire Kepware, a Portland-based software development company, for approximately $100 million.

    December 23, 2015
  • Tech support firm that promised 300 jobs in Maine sued for allegedly scamming customers

    Paul Koenig December 17, 2015

    Washington state sued an India-based tech support company that announced over the summer it would bring 300 jobs to Lewiston, saying the firm routinely scams customers into buying unneeded software and services.

    Paul Koenig December 17, 2015
  • Auburn firm earns two-year free pass from OSHA inspections

    December 11, 2015

    Maine Oxy's Auburn plant has earned the Safety and Health Achievement Recognition Program Award in recognition of its rigorous safety achievement program.

    December 11, 2015
  • Falmouth ergonomics company buys Swedish rival

    December 4, 2015

    Falmouth-based ergonomic equipment provider Southworth International Group has acquired a Swedish manufacturer of similar equipment, expected to allow the company to expand into European and Asian markets more quickly.

    December 4, 2015
  • Lewiston financial services firm acquired by Wisconsin software company

    December 4, 2015

    The acquisition of Lewiston-based FISC Solutions by a Wisconsin software firm could lead to a doubling of the Lewiston firm's workforce in the next two years.

    December 4, 2015
  • HR firm Career Management Associates acquires Dale Carnegie Maine

    November 18, 2015

    Portland-based Career Management Associates, one of the largest HR services firms in the state, has acquired Dale Carnegie Maine, the local franchise of workforce training provider Dale Carnegie Training.

    November 18, 2015
  • Vets First Choice LLC

    November 16, 2015

    Read more Shad’s Custom Countertops Inc.InterSpec Inc.

    November 16, 2015
  • InterSpec Inc.

    November 16, 2015

    Read more Shad’s Custom Countertops Inc.Putney Inc.

    November 16, 2015
  • BerryDunn

    November 16, 2015

    Read more Shad’s Custom Countertops Inc.InterSpec Inc.

    November 16, 2015
  • WEX to lose about 25 positions in IT restructuring

    Paul Koenig November 12, 2015

    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.

    Paul Koenig November 12, 2015
  • WEX names Revlon executive as its next CFO

    November 6, 2015

    South Portland-based WEX Inc. will appoint a new chief financial officer and move its current CFO, Steve Elder, to the newly created position of senior vice president of investor relations.

    November 6, 2015
  • Accounting firm Baker Newman Noyes completes another merger

    November 3, 2015

    Baker Newman Noyes, an accounting firm founded in Portland in 1995, has completed its merger with Portsmouth-based accounting firm Albert P. Stowe , CPA, PLLC.

    November 3, 2015
  • Construction engineering and planning firm opens Eliot office

    October 28, 2015

    A global engineering and planning firm, WSP | Parsons Brinckerhoff, has opened a new office in Eliot to serve public- and private-sector clients throughout the state of Maine.

    October 28, 2015
  • WEX's third quarter earnings fall despite increased revenues

    James McCarthy October 28, 2015

    Lower fuel prices and volatility in foreign currency markets continue to plague WEX Inc. (NYSE: WEX), which reported today that its third quarter net earnings were $32.2 million, compared with $74.4 million for the same period a year ago.

    James McCarthy October 28, 2015
  • WEX to acquire fleet card provider for $1.1B cash plus shares

    October 19, 2015

    South Portland corporate payment company WEX Inc. said Monday it has agreed to acquire Electronic Funds Source LLC, a fleet card provider, for about $1.1 billion in cash plus stock.

    October 19, 2015
  • Protect sensitive data used by third-party vendors

    Josh Silver October 19, 2015

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

    Josh Silver October 19, 2015

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Today's Poll

Do you support an increase in Portland's minimum wage?
Choices
Poll Description

The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.

The proposal would increase the minimum wage from $15.50 per hour to $19 per hour by 2028. (The statewide hourly minimum wage is $14.65.)

The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour. 

While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins.