California-based NetSuite is planning to add jobs - a lot of them - in Durham once its $200 million acquisition of Bronto Software, says Andy Lloyd, the firm;s general manager for commerce and products. In addition to growing Bronto's work force, NetSuite will base other people in the Bull City, he says.
Zack Nelson, chief executive officer of NetSuite, was in Durham along with other executives wrapping up a $200 million deal to buy Bronto Software In his own words, he describes why he's making the buy.
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Technology is enabling a possible revolution in education. I am not talking about the much-hyped Massive Open Online Courses. To me, these are as imaginative as the first TV shows in which radio stars stood in front of a camera with a microphone in hand. I am talking about a complete transformation of the way teaching is done, with the computer taking the role of the lecturer, the teacher becoming a coach, and students taking responsibility for their own learning.
Lenovo, the world's No. 1 PC manufacturer, has expanded a recall of battery packs for ThinkPad Notebooks due to a fire hazard. It's the second recall for these batteries in the past 14 months - but this one is 10 times larger. In December, Lenovo had to recall 500,000 power cords.
GSK malaria vaccine nearer OK; Aerie not giving up on glaucoma treatment; Duke Energy's Greentech award; Novartis soars; CDC's new tech tracks listeria
In the latest wrapup of technology and life science news: GSK's malaria vaccine is closer to approval after clinical trial; Aerie Pharmaceuticals not giving up on glaucoma treatment; Duke Energy wins a Greentech award; Novartis soars in wake of GSK, Eli Lilly deals; CDC uses new tech to track listeria illnesses.
CEO Joe Colopy and his team at Bronto Software loves brontos - they are everywhere in the office - and they let out a "roar" when there's good news. Bronto reported plenty Thursday, disclosing the company had been sold to NetSuite, a cloud technology services firm, for $200 million. In a blog post, Colopy roars about the sale.
Calling themselves PairCode, a team of programmers from Raleigh-based WedPics and community organizer Magdalyn Duffie will be going to Silicon Valley in November to compete for a $100,000 prize after winning BattleHack Raleigh.
Analysis: For the first time, Internet giant Amazon breaks out its AWS cloud services financials, and the numbers are impressive with a 17 percent operating margin and a run rate of $6.3 billion. Analyst Meaghan McGrath of Technology Business Research offers her insight.
Analysis: Microsoft's latest earnings report shows that its strategy of focusing on lifetime customer value in the transition to the cloud stabilizes its performance, concludes Technology Business Research analyst Kelsey Mason.
Analysis: EMC's profitability falls as the tech giant shifts investment to new storage models. So what's next for the company, which has a major presence in the Triangle? Technology Business Research analyst Krista Macomber offers a detailed analysis for our Insiders.
Rising and established stars in technology from the Triangle to Wilmington will be recognized at the third "Full Steam Ahead Awards" from WRAL TechWire next Tuesday. We've got the finalists - and, believe it, the competition is tight with more people voting than ever before. Plus, watch out for the surprises of four "Editor's Choice" special honors.
For the second time in two years, a House committee has turned out the lights on an effort to scale back North Carolina's requirements that utilities use renewable sources to generate a specific portion of the power they provide.
Analysis: Raleigh-based ShareFile is a source of strength for Citrix, but the tech giant continues to struggle as indicated in its quarterly earnings report Wednesday despite a major restructuring. "Technology Business research believes it is critical that Citrix continues to manage costs in order to minimize negative impacts to its profitability while it weathers the transition," writes analyst Andrew Smith.
Google is offering a wireless phone service designed to pressure major carriers such as AT&T and Verizon Wireless into lowering their prices. Sprint and T-Mobile are its partners. Customers will be charged only for the data they used. Like Raleigh-based Republic Wireless, Google's service is a blend of cellular and Wi-Fi technology.
North Carolina is rolling out a second Innovation Fund, and this time it's worth even more than the first which was launched five years ago. State Treasurer Janet Cowell is targeting $250 million for North Carolina-centered firms.
If you were struck by the image of bologna frying on a conventional light bulb but not sizzling when draped over a Cree LED bulb, you weren't alone. After two years of major investing in marketing, Cree's top executive says his company's brand is becoming well known.