The Massachusetts Institute of Technology has just gone into the consumer electronics business — as the new majority owner of Framingham audio equipment maker Bose Corp.
Telecommunications equipment maker 3Com Corp. is based in Marlborough, Mass.
Despite slower-than-expected sales and tough competition from commercial rivals, the One Laptop Per Child Foundation of Cambridge is enjoying a surge of new orders.
In a major strategy shift, the Cambridge, Mass. foundation that plans to provide laptop computers to poor children around the globe is asking wealthy individuals and corporations to help pick up the tab by purchasing hundreds or thousands of the machines.