Pfizer shifts workers to Kendall Square
Drug maker Pfizer Inc. will relocate a majority of its 530 Cambridge North workers from Alewife to Kendall Square. The company will also sell or sub-lease its buildings at 87, 200, and 35 CambridgePark Drive, and 620 Memorial Drive.
The employee shift is expected to occur early next year, but the company said it expects there will be minimal impact to the size of Pfizer's workforce in Massachusetts.
Syros takes off with $30M
Syros Pharmaceuticals, a Watertown-based company that harnesses breakthroughs in gene control for the treatment of cancer and other diseases, launched yesterday with a $30 million first round of funding.
The company was co-founded by ARCH Venture Partners and Flagship Ventures. Syros said it will use the capital to speed up the discovery and development of novel gene control medicines.
Bright Horizons acquires UK co.
Bright Horizons of Watertown has acquired kidsunlimited, a company that operates dozens of nurseries throughout England and Scotland, for more than $69 million in cash. The transaction is expected to be neutral to Bright Horizon's earnings for the rest of the year.
Murray touts transportation
Senate President Therese Murray said yesterday a $805 million transportation financing bill might grab Gov. Deval Patrick's attention as both sides have not formally met to discuss the issue in more than three weeks. Murray also chided the governor, whose own $1.9 billion plan remains stalled, for language that criticized the Legislature's proposal.
Houghton acquires Montreal co.
Boston-based Houghton Mifflin Harcourt has acquired educational technology company Tribal Nova of Montreal, Canada, for an undisclosed amount. Tribal Nova is focused on the development of digital games, products and services for preschoolers.
Microsoft to make waves in Natick
A new Microsoft retail store will open at the Natick Mall on June 8. Hit alternative rock band Weezer is expected to perform a concert to celebrate the grand opening.
TODAY
- The Specialty Coffee Association of America 2013 annual exposition is held at the Boston Convention & Exhibition Center.
THE SHUFFLE
- Dean College has promoted Dr. Dawn Poirier, left, to dean of the School of Liberal Arts, effective June 1. A member of the Dean College faculty for 14 years, Poirier most recently served as Dean's department chairman for math, science and sport fitness studies.
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