Raytheon BBN to create 'largest network research center in U.S.'

Raytheon BBN Technologies has won an $81 million deal from the Army Research Laboratory to establish a collaborative alliance and what the company calls “the nation’s largest network science research center.”The company will create the Interdisciplinary Research Center at its headquarters in Cambridge, which will host network research, as well as Department of Defense technology developments.Called the ARL Network Science Collaborative Technology Alliance, the consortium will use the five-year contract to pull together more than 30 university and industrial labs to address the commone features of communication, information, social and cognitive networks.Raytheon BBN is a Cambridge-based subsidiary of Waltham-based Raytheon Co., which completed its $350 million purchase of BBN in October.Raytheon reported a net income of $490 million on revenue of $6.2 billion for the quarter ended Sept. 27.

Well now, very interesting given BBN was home of the ARPAnet years ago. This sounds like an awesome project. I will be sure to be on the look out for jobs at Raytheon BBN!

Comcast to Buy NBC Universal

CNBC is reporting that that the deal for GE to sell NBC Universal to Comcast is done.
While we’ve been anticipating a possible deal since rumors started circulating in late September, yesterday’s move by GE (the parent company of NBC) to buy Vivendi’s stake in NBC for $5.8 billion cleared the way for the Comcast deal...

What Will Comcast-NBC Mean for Hulu?