X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WESTON, MA-Safeguard Scientifics Inc. is opening an office at 9 Riverside Rd. in what it calls “the heart of the Route 128 technology corridor.” The company develops technology-related companies and this office will serve as its software-practice base.

The office is the company’s most recent foray outside its headquarters in Wayne, PA. The company previously had an office in Palo Alto, CA, which it closed. A spokesperson for the firm tells GlobeSt.com that the operating company is interested in taking a majority position in high-tech operations and developing them.

“Boston and its surrounding areas are a major center for software development and financing the growth of software companies through acquisition of majority interests in such companies is a key focus of Safeguard’s business strategy,” says company president and chief executive officer Anthony L. Craig.

The office here will be headed by Bob Crowley, who was appointed as managing director of Safeguard’s software operations in May. He most recently was chief executive officer of Bowstreet Inc. Crowley stresses that establishing roots in the area gives the company an edge because of the “significant advancements in software development have taken place over the years.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.