Local auditor charged with stealing from his employer; NFL and Comcast reach an agreement to air the NFL Network; Randolph company recognized for leadership in international trade; Braintree store offers new line of wine made from Massachusetts-grown grapes.
Waltham company moving HQ to Calif.
WALTHAM – Greylock Partners is investing in Silicon Valley with plans to move its headquarters to Menlo Park, Calif., from Waltham. The venture capital firm has been steadily expanding its West Coast presence in the past 10 years, and plans to add positions including new partners at the Silicon Valley office. Greylock’s administrative and back office functions will relocate from Waltham to the new office. Don Sullivan, the Greylock partner who oversees the firm’s operations, will move to California and continue his role in the company. But Greylock will maintain a presence in the Boston area, where it will continue to manage its investments in local companies such as ZipCar and Constant Contact.
Company auditor charged with theft
PLYMOUTH – A former internal audit director at a local employer has been arraigned on a charge that he stole more than $50,000 from his former employer. Marc Lombardo, 40, of Mansfield pleaded innocent in Plymouth Superior Court to a larceny charge Tuesday. Attorney General Martha Coakley’s office alleges that from March 2006 through March 2008, Lombardo submitted two sets of expense reports, resulting in the company paying Lombardo twice the amount of his actual expenses. Coakley’s office didn’t identify the employer.
NFL, Comcast in pact on network offering
Comcast Corp. and the National Football League have ended their showdown in court with a new long-term agreement for offering the NFL Network to Comcast subscribers. Comcast will shift the NFL Network from the “sports entertainment” package to the “digital classic” package on Aug. 1, reaching nearly two-thirds of Comcast’s digital customers. Comcast customers will also get access to a back catalog of NFL material through Comcast’s on-demand archives. Separately, Comcast revealed that it will offer the ESPNU channel, which covers college sports, on its digital classic level of service.
Randolph company receives award for leadership
BOSTON – The Massachusetts Alliance for International Business has given its Chairman’s Award to Extrusion Technology Inc. The Randolph company, which supplies aluminum faceplates and other devices for the telecom and networking industry, was recognized for its customized designs and rapid delivery. The company has manufacturing plants in Randolph and China. The Massachusetts Alliance for International Business awards recognize companies in the state that demonstrate leadership in international trade-related activities.
Braintree store offers wine made from grapes grown in state
BRAINTREE – Bin Ends Wine has launched a series of the first-ever releases from the Travessia Urban Winery in New Bedford. The New Bedford winery, which opened in December 2007, uses only Massachusetts-grown grapes. The four wines – two Chardonnays and two Vidal Blancs – are for sale at the Bin Ends store in Braintree and through Bin Ends’ Web site.
The Patriot Ledger