New wireless site firm in Chapel Hill raises $80M
Eco-Site, a new venture focused on building wireless communications sites, raises $80 million from a private equity firm.
CEO: Cisco to step up acquisition pace, move more into software
"We've gone too long without any major M&A," Cisco Chairman and CEO John Chambers says. "We got too slow. You're going to see us be quicker."
Hot Off the Wire
NCSU wins $9M grant for home solar power project
The U.S. Energy Department awards N.C. State a $9 million grant for development of solar power panels that can be purchased, installed and made operational in one day.
GSK, other firm's potential childhood cancer drugs undergo review
Medicines from GlaxoSmithKline, Amgen, Threshold Pharmaceuticals and Boehringer Ingelheim GmbH have the potential to treat children with a variety of tumors and fast-spreading leukemia.
Belk adding 150 jobs in Charlotte for online sales
Belk, saying ecommerce is "the fastest growing part" of the company, will add 150 workers in Charlotte to support its online business.
Bandwidth, Yealink to provide free telecom, net services at Underground
Bandwidth, a provider of telecommunications services, and Yealink, which provides Internet Protocol-based communications, are offering complimentary services to companies located in Durham's American Underground.
RTP drug firm BioCryst cuts half its work force, VP for development
BioCryst Pharmaceuticals is laying off half its employees, or 38 people, as part of a restructuring announced early Friday. Among those being let go is the firm's vice president for strategic planning.
401(k) decision riles up IBM union debate - on both sides
Will IBM ever unionize? As a wide range of comments on both sides of the issue show, Big Blue is hardly on the verge of becoming a union shop. But that likely fact doesn't mean people will stop debating the issue.
Raleigh-based WasteZero raising $5M from investors
WasteZero, which works with governments to implement "Pay as You Throw" trash and recycling programs, has already raised some $3.2 million from 14 investors.
Samsung urges judge to avoid 'thermonculear war' in Apple patent battle
Lawyers from Apple and Samsung spar again in federal court over a jury's recent awarded of $1 billion in damages to Apple for patent infringement and Apple's request that 25 Samsung products be banned permanently.
Top wireless carriers to accelerate text-to-911 capabilities
Under an agreement announced Thursday, AT&T Inc., Verizon Wireless, Sprint Nextel Corp. and T-Mobile USA Inc. will do "major deployments" of so-called text-to-911 in the U.S. next year, the FCC says.
Chemistry among people, companies is crucial to biochemistry deals
Finding the right chemistry is crucial to biotech deals, as two major life science partnerships in the Triangle have shown this year: GSK and Liquidia; Merck and Chimerix.
Broadband in NC: Today's health care requires fast networks
12 Days of Broadband, Day 2: MCNC takes a look at health care and how the North Carolina TeleHealth Network (NCTN) is serving the high-bandwidth, low-latency network needs of health practitioners and researchers throughout North Carolina to help find the next great cure.
2013 looks to be good year for Triangle's video game industry
Even though funding remains tight, the RTP area's video game companies look to 2013 with hope as new platform technology emerges, mobile gaming grows and how to monetize titles becomes more clear, say a group of industry executives.
AT&T strikes deal with former rival Akamai for video, data delivery
AT&T, the largest U.S. phone company, plans to sell business users the Akamai service as part of its expanding Internet offering that includes data-center information storage and cloud computing.