MIT
Cisco Acquires Meraki For $1.2B
Cisco is acquiring privately held Meraki. Meraki will form Cisco’s new Cloud Networking Group.
Under the terms of the agreement, Cisco will pay approximately $1.2 billion...
Affectiva Raises $12M Series C Financing
MIT Media Lab spun-off startup Affectiva has secured $12 million in Series C financing, backed by Hong Kong businessman Li Ka-shing’s Horizons Ventures and...
UC Berkeley Joins MIT-Harvard EdX Initiative
EdX, the online learning initiative founded by Harvard University and the Massachusetts Institute of Technology (MIT) and launched in May, now has the University...
Echo Nest Closes $17.3M Financing Round
The Echo Nest, a music intelligence platform, has closed a $17.3 million financing round led by Norwest Venture Partners. Prior investors Matrix Partners, Commonwealth Capital...
Researchers Design Algorithm To Let Cars Share Internet Connection
Two Wi-Fi-equipped cars sitting at a stoplight could exchange information free of charge, but if they wanted to send that information to the Internet,...