abiHUB buys co-working space, rebrands as Alpha Loft
Keynote speaker Dries Buytaert, founder of Drupal speaks during the Alpha Loft's (formerly abiHub) Party at Arms Park in Manchester on Thursday. (Thomas Roy/Union Leader)
At the annual Party at Arms fundraiser Thursday night in Arms Park, Mark Kaplan, the chief executive officer of abiHUB, and board chair Kyle York announced the organization has purchased the assets of Portsmouth co-working space Alpha Loft, hiring its founder and owner Joshua Cyr.
Unlike abiHUB, Kaplan said, the name will be easier to pronounce. It will also better convey the organization’s purpose.
“Alpha represents strength and starting, as the first letter of the Greek alphabet and Loft isn’t only a place,” Cyr said. “It makes us think of our New Hampshire startups really taking off.”
“In his new role with us, Joshua will continue as an evangelist in the ecosystem,” Kaplan said. “He will be working closely with me to launch our new education and accelerator programs.”
The asset purchase and name change is the latest in a series of combinations/mergers/acquisitions, starting last July, that expands the unified reach of support and resources for entrepreneurs in the state.
At the time of that merger, abi board member York, chief revenue officer for Internet Performance Company Dyn, said, “The vision of this state is going to create a lot of long-lasting large companies that headquarter here and then grow other companies beyond them years and years from now.”
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