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Bluespec Completes $1.5M Offering - cbl

By Richard Rabicoff
FRAMINGHAM, Mass. -- Bluespec Inc. completed a $1.5 million offering from four investors. The electronic system level (ESL) synthesis provider previously raised $18.25 million in four financing rounds from an investor list that includes Atlas Venture and North Bridge Venture Partners. Named in the related SEC filing were CEO Charles Hauck, Jr. and directors, PaulPedevillano, VE...

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Wells Fargo Doubles Stake in Avid Technology - cbl

By Richard Rabicoff
BURLINGTON, Mass. -- Wells Fargo & Company disclosed in an SEC filing that it has more than doubled its stake in Avid Technology, Inc. (NasdaqGS: AVID) Wells Fargo now holds 2,418,783 shares or 6.27 percent of Avid's common stock, worth $23.46 million at Avid's Thursday closing price of $9.70. As of September 30, 2011, Wells Fargo owned 3.21 percent of the shares. Formed in 1987,...

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