MetroWest495 Biz

MetroWest495 Biz | February 2015 7 ize the technology. The BioGenera- tor employs BioSurfaces' patented technology and stem cells derived from adult bone marrow at WPI. The device is a capsule that can be stitched into the heart-muscle wall or injected. The encased stem cells release proteins and growth factors, stimulating tissue growth and damage repair. Firm joins Fletcher Tilton The law firm of Fletcher Tilton, with offices in Worcester and Fram- ingham, began 2015 by absorbing Hudson-based Yates Law Offices into its operations. The merger took effect Jan. 1, with the move expanding the reach of both firms, according to a statement by Fletcher Tilton. Yates, founded in 2002, offers services in ar- eas that include real estate, civil litiga- tion, immigration, business formation and commercial real estate matters. Fletcher Tilton was established nearly 200 years ago. The lawyers from the Yates office will primarily work out of Fletcher Tilton's Framingham office, although they will maintain a pres- ence in Hudson, according to Fletcher Tilton. Staples, delivery firm extend contract Office products retailer Staples of Framingham has reached agreement on a multi-year contract extension with CommerceHub of Albany, N.Y., which helps companies deliver their orders, according to a state- ment from Staples. Staples, which has worked with CommerceHub for nearly 10 years, is boosting its online retail presence while scaling back its brick-and-mortar presence. It has also launched an online marketplace, Staples Exchange, which invites vendors to sell their wares through Staples' web site. Solomon Pond Park sold Solomon Pond Park in Marlbor- ough has been sold for $34 million to Burlington-based Nordblom Co., ac- cording to the Massachusetts Registry of Deeds. The sale was recorded Dec. 18. The park, adjacent to the Solomon Pond shopping mall, was sold by BGI Holdings III LLC. The 163-acre site includes seven properties built in the 1980s ranging from 150 to 500 Don- ald J. Lynch Blvd. The site has nearly 500,000 square feet of office, flex, lab and research and development space,. United Bank to close two branches United Bank has announced it will close branches in Northborough and Whitinsville as part of a restructuring that will save it approximately $3 mil- lion annually, the Connecticut-based bank said. United will close locations at 701 Church St., Whitinsville and 6 Church St., Northborough, but did not specify when. The bank will also close two sites in Northampton and another in Broad Brook, Conn. The bank will eliminate all positions at these five branches. These closings will be added to the four Connecticut branches the bank closed in October following its 2013 merger with Rockville Bank. Marlborough business park sold The Brigham Business Park in Marlborough has been sold for $14.5 million, according to commercial real estate f irm Avison Young. First Colony Development sold the park to an aff iliate of Ivy Realty, a Green- wich, Conn.-based company. The park is made up of 169,230 square feet of off ice, research and develop- ment, industrial, warehouse distri- bution and manufacturing space, according to Avison Young, which is headquartered in Toronto, Canada, and brokered the deal while repre- senting First Colony Development. The park houses 31 tenants, includ- ing AT&T, Carquest Auto Parts and Fastenal Co. n Roundup Worcester • West Yarmouth • Framingham • milFord Accounting and Tax Services | Business Consulting Services | Business Transition / Exit Planning Financial Services and Retirement Planning It's Tough to See ings Clearly ese Days Knowledge, experience, and expertise to help you see more clearly. S&G's best practice business solutions provide greater profitability today and greater business value tomorrow. call curt Feldman, cPa at 508-875-2552 to set up a no obligation meeting. Services Delivered with Fanatical Customer Focus... Guaranteed! (508) 875-2552 • www.sgllp.com Acquisition done for SeaChange Acton-based video software maker SeaChange International said it has com- pleted its acquisition of Timeline Labs, a California-based social media analyt- ics developer. SeaChange officials say it will expand its customer base and extend its expertise to television broadcasting and online video. According to a state- ment, SeaChange has retained the former Timeline Labs employees and facilities in Los Angeles and San Francisco; the former CEO, Malcom CasSelle, has been ap- pointed senior vice president and general manager at SeaChange's new digital media business unit. In addition, SeaChange said Timeline Labs co-founder and executive chairman Ed Wilson has been appointed to its board of directors. SeacChange CEO Jay Samit: Timeline platform 'well established.'

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