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Under the renewed repurchase program approved by the company's board of directors this week, WEX may repurchase up to $150 million worth of common stock between now and Sept. 30, 2025.
Husson University on Thursday officially inaugurated the new Harold Alfond Hall, its new College of Business building in Bangor. The building features virtual-reality learning facilities that are unique to New England, the school says.
The managing director for the incubator and innovation hub, now being organized by the Central Maine Growth Council, comes from a Portland tech startup and has long experience with the Top Gun program.
Ed Karabec, CEO of Lanco Integrated, had hoped to step down earlier but the pandemic changed that plan. Now, Lanco’s board of directors has named Karabec’s successor, Bob Kuniega.
Pumpspotting plans to use the investment to fuel growth in the business-to-business channel. Meanwhile, the company was accepted into the state's new Early Adopter Program, with a roll-out to 31,000 employees.
The Waterville school will launch a new major in Esports and Gaming Administration in fall 2022, to prepare graduates for jobs in an industry projected to reach $3 billion by 2022.
A co-founder of high-flying HighByte talks with Mainebiz about the company's goals for recruiting, the skills that are needed, and why Portland is a good fit for this entrepreneur from Ohio.
Leaders from two Maine businesses were the only winners outside metro Boston in the New England competition for the EY Entrepreneur of the Year.
The Westbrook-based maker of veterinary diagnostic tools, practice software and water microbiology tests said earnings per share grew by 36%. Much of the increase was driven by IDEXX's Companion Animals Group.
Since launching six years ago, the digital health therapeutics company has now raised $34 million in private financing, is actively hiring and is expanding its product pipeline.
"These exceptional results reflect strong execution from the WEX team, positive trends across the business and strong demand for our platform and services as volumes continue to recover," said WEX Chair and CEO Melissa Smith.
The money is expected to support critical infrastructure improvements, create 20 jobs, retain 120 jobs and generate $3.5 million in private investment. TechPlace opened in 2015 and now houses 35 early-stage businesses.
The quasi-public independent agency represents an ambitious push to address broadband infrastructure and affordability, and a different approach than what the state has taken in its 15-year effort to expand service in Maine under the ConnectME
Companies that have been operating remotely are now exploring hybrid models, with physical space for people to meet while allowing them to keep working from home if they can and want to. No size, it appears, fits all.
RockStep Solutions, whose software is designed to help biomedical research labs in the life sciences industry, expects to double its staff of 13 by April.
Microwave Techniques LLC has acquired all the assets and intellectual property of Raleigh, N.C.-based Industrial Microwave Systems LLC for an undisclosed amount.