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INNOVATION ECONOMY

Not all was lost when Apple bought Quattro

By Scott Kirsner

 |  Globe Correspondent  

  March 18, 2012

Just before Christmas in 2009, Andy Miller he told his employees that he was selling his Waltham company, Quattro Wireless, to Apple. The price: $275 million. Today, there are no Quattro or Apple employees in Waltham. What has transpired in the two years since the acquisition is a case study of what happens when out-of-state companies buy Massachusetts firms, but decide not to establish a presence here. There are positive and not-so-positive elements.

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