Bedford on 93South



RSS_OverloadI guess this is one of those “it’s been awhile” posts that often end up on too many blogs around the web but nevertheless…it’s been awhile. It’s not that I have been busy with a new house, new baby and a new job but the real reason for the break was…I just needed a break from all the media shoved into my brain each and every moment of the day. You can only read so many RSS feeds, friend invites, press releases, Digg stories and so on before it all turns into white noise and you just need to tune it out.

I thought I had built an excellent system between the Web 2.0 Toolbar (shameless plug) and Google Reader to quickly filter my daily intake but there is only so much time in the day for all of the media that one person can consume. I have only so much attention to give and, at some point in late 2007, I hung up the RSS reader, clicked off the iPhone RSS (sort-of) and took a much needed siesta. However, I’m hooked and I just can’t get enough. I need to start consuming content once again and writing (with caution). My original title for the post was going to be “Hello, My Name is is David and I am a SocialMediaholic“.

The Boston area has been active after all with DrupalCon8 and the launch of Acquia, Compete’s acquisition by TNS and Yahoo’s acquisition of Maven all happening in the first quarter of the year. There is still a lot to talk about including why our area seems to be the incubator and not the center for any major web corporations (note the 2 acquisitions previously listed). Acquia may have a chance at becoming a big story for open source techies but we still do not have our whale just yet.

I also have to apologize to the PR agencies and startups that have sent me recent releases including Gal Arav who recently launched NewsFlashr - a Bedford based startup that, very appropriately, is designed to be a faster way to track headline news !

Even with the break, It’s good to see that 93south is on top of Boston Web 2.0…at least according to Google.

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Upadte: Yes…I had to take the pic of the baby down! Also, while we are on the topic of cliche blog posts…the “baby” says hello. My wife will most likely make me take the picture down the same way I was forced to take down her MySpace page before she was born.

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Megasoft NOT Megatron!Just got the announcement that a local mobile outifit is being scooped up for $65M in cash.  The move comes after the company announce a 30% reduction of it’s domestic workforce in March. 

Indian firm Megasoft will acquire Boston Communications Group, Inc., for $3.60 per share of bcgi common stock, in cash, for an expected aggregate purchase price of approximately $65 million. The $3.60 per share price represents a premium of approximately 120 percent over bcgi’s average closing share price during the 30 days ended July 6, 2007.

Founded in 1988 and listed on the NASDAQ, bcgi was an early entrant in providing servies to wireless and MVNO space.  Based on the description of Megasoft (no relation to any large robots currently on the big screen), they appear to be an intellectual property shop that provides telco services under the Xius brand name.

I may have just been looking to include something about the Transformers on the site and jumped at name of the acquiring company.  On that note…I did not notice it when I was 12 and watching the show but is Megatron packing serious heat? Megatron…what ya’ gonna do with all that junk?

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Comcast Jobs

Not exactly web but still good news for the area, Comcast announced it will add more than 400 new employees to its local workforce over the next 90 days to keep pace with robust customer demand for its cable television, high- speed Internet and voice products.

The jobs will be primarily be in installation and customer support.

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Are they ill tempered technology companies?Not exactly a web technology or start-ups but it is big news anyway. Local technology giant EMC (Hopkinton) has agreed to acquire Bedford-based RSA for 2.1 BILLION dollars. I just love the sound of the $2.1 BILLION dollars. The deal amounts to about $28 Dollars per share for RSA stakeholders.

A quick look around the web has some bloggers and reporters wondering if the deals was a bit too rich.

Who else is blogging on this subject?

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93South is a blog covering Boston and New England area start-ups, technology, web 2.0 and funding news, announcements and news.