Red Hat reports strong revenue and earnings growth in its latest earnings report. Both figures surpassed expectations. Earlier Thursday, Red Hat announced another acquisition - this time an $82 million deal for a mobile-cloud applications firm in Ireland.
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Red Hat is acquiring Ireland-based FeedHenry in a deal worth some $82 million in cash. Feed Henry focuses on mobile enterprise application development. The deal enables Red Hat to move into the wireless space for enterprise and cloud applications.
Red Hat's $82 million acquisition of Ireland-based FeedHenry, which was announced early Thursday, enables the Hatters to accelerate its move into mobile computing, says Red Hat's Senior Vice President of Application Platform Business.
HCL Technologies will add some 1,237 jobs at its operations in Cary after signing an agreement with the state of North Carolina to includes nearly $20 million in tax incentives and grant money.
North Carolina's solar and renewable power industry is getting a big boost from the federal government. Agriculture Secretary Tom Vilsack discloses support for 39 projects in the state worth more than $55 million during a visit to Bunn today. Meanwhile, President Obama in Washington is unveiling plans to train 50,000 vets for solar jobs.
Trying to sell a B2B company your product? KnowledgeTree has a solution for that. Have multiple email and social media accounts that are hard to keep track of? AnyCloud has an app for that. Want to target your online advertising more effectively? Adzerk has tools to help. These companies and more showcased their technology at the CED Tech Venture Conference on Wednesday. WRAL TechWire's Allan Maurer has the inside story. Plus, be sure to check out the photo slideshow from WRAL's Kelly Hinchcliffe.
The next wave in healthcare is here. And Triangle firms are cashing in. From sensors loaded in earbuds to monitor your health to technology designed to ease the burdens of transcriptions on doctors to helping ailing people better control their homes - all were showcased at the CED's Tech Venture Conference in Raleigh. WRAL TechWire's Allan Maurer has the inside story. And check out the photo slideshow from WRAL's Kelly Hinchcliffe.
Funding news from EyeScribes, the first product from Scott Moody's K4Connect, IBM's picking of two Triangle firms for its Smart Camp, and a new smartphone from Republic Wireless tops the headlines made at the seconds day of the CED's Tech Venture Conference.
Jim Goodnight said what? New at Republic Wireless, IBM paycuts, and more:Get the pulse of technology in the Triangle with the best in local technology, venture, biotech, and life science news on Wednesday as curated by @WRALTechWire.
CED's Tech Venture is offering a series of "Spotlight" presentations focusing on 18 emerging startups spread across five sectors. Three startups were featured in the Advanced Materials and Manufacturing segment, as Allan Maurer reports exclusively for WRAL TechWire. One had just struck a deal with Rex Healthcare. Be sure to check out our photo slideshow of the presentations from WRAL's Kelly Hinchcliffe.
Are startups too loose with their spending? Talk of the "burn rate bubble" in Silicon Valley spreads to the Triangle where more money is now available. Are Triangle startups at risk, too? WRAL TechWire Insider Joe Procopio offers our subscribers his exclusive analysis.
SAS co-founder and billionaire Jim Goodnight steals the show at CED's Tech Venture with his cutting-edge humor, candid opinions and sage advice. Heard the joke about one refrigerator told the other over the Internet? And be sure to check out our photo slideshow from WRAL's Kelly Hinchcliffe.
A number of common themes emerged from the "Conversation with the Greats - Tech Icons Panel during the opening lunch at the CED's Tech Venture Conference today. Those included what makes the Triangle a great place for companies that grew large here, such as Red Hat, Cree, and SAS, as well as for entrepreneurs just starting out, and the need for continuing investments to keep it that way.
CED's Tech Venture is offering a series of "Spotlight" presentations focusing on 18 emerging startups spread across five sectors. In the "New Paradigms" showcase, three startups demonstrate new ways of doing business, as Allan Maurer reports exclusively for WRAL TechWire. Be sure to check out our photo slideshow of the presentations from WRAL's Kelly Hinchcliffe.
CED's Tech Venture is offering a series of "Spotlight" presentations focusing on 18 emerging startups spread across five sectors. Windsor Circle stole the headlines in the ecommerce and marketing panel with news of $1 million in new funding. But as Allan Maurer reports exclusively for WRAL TechWire, five other firms make their case to investors, too. Plus, check out our photo slideshow from WRAL's Kelly Hinchcliffe.