WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector.
If you missed the Executive Exchange on Sept. 29, catch up with keynotes from SAS's Jim Davis, AT&T's Venessa Harrison and the panel discussion about local companies and researchers bringing the connected world home.
When my teammates at WRAL.com and The Skinny (A.K.A me) began planning an Internet of Things event several months ago, little did I know that IoT would play a key role in the saving of my life from a heart attack.
Frank Calderoni, a long-time financial executive and chief financial officer at Cisco, could have had his pick of tech jobs after leaving the networking giant last year. So why did he pick Raleigh-based Red Hat, which is a long way from Silicon Valley? He cites many reasons in an exclusive interview with WRAL TechWire.
U.S. job openings are at a record 5.8 million, and Duke University says a key reason is employers can't find skilled workers. As a result, they are planning to boost pay. They also continue to push for more foreign workers through high-tech visas. The risks of a workers' skills gap? A less competitive U.S. economy, and relocation overseas if firms can't find workers here, warns a Duke economics professor.
Serial entrepreneur Jeff LeRose and his Research Triangle Software team are testing a new app that adds corporate logos or individual photos to text messages as well as email on iPhones. And Apple says it's the first such app they have seen. Called UVUEME, the app is a result of "extensive interviews" and a need potential customers want addressed. So what's the story? Our Insiders get the details.
The Triangle continues to produce e-commerce and email service, marketing and advertising related powerhouses, from ChannelAdvisor to Bronto, Windsor Circle to Netsertive and more. But a new player is growing rapidly in the business of enabling B2B sales through channel marketing: Zift Solutions. WTW talks with its CEO, industry veteran Ken Romley.
Donald Trump and former tech executive Carly Fiorina are the top two presidential contenders in terms of who would be best for business, says a new survey of chief financial officers by Duke University. But none of the contenders received more than 19.4 percent of the "votes."
SAS will add more than 80 acres of land currently used by N.C. State for agricultural research under an "exchange" program through which a SAS subsidiary will acquire other properties that match or exceed the appraised $11.66 million value of the land. SAS, however, says it has no immediate plans for use of the property.
Medfusion is still wrestling with Allscripts in a lawsuit matching the Cary-based David against the Chicago-based health Goliath. But that dispute isn't keeping Medfusion from growing, says founder Steve Malik. The electronic medical records firm closed last week on $3 million in venture capital, is growing quickly, adding products, hiring more people, Malik tells WTW.
On Tuesday, Silicon Valley-based IXL, an education technology company already with global reach for its products and services, disclosed the opening of its first East Coast office, picking Raleigh. The company also is hiring with nine jobs available and more to come. Why come to Raleigh? An IXL exec explains for our Insiders.
The summer doldrums certainly didn't hit the red-hot Triangle startup scene. Seventeen deals closed, representing more than $65 million in financing. But that total doesn't include the $91 million raised for a new fund at Hatteras Venture Partners or the $25 million pulled in by Spoonflower. So quite a hot month for deal-making, eh? Compared to last two quarters, which were good, the third quarter (including $50 million in July) is sizzling.
"Wolfspeed," which is in part a tribute to research dating back to the N.C. State days of Durham-based Cree, is the name for the semiconductor and radio frequency business the company plans to spin off as a separate venture in coming months. One of Cree's founders is part of the new group which will be led by Triangle veteran tech executive Frank Plastina. And its tech will be used in the new Air Force F-35 fighter.
The news from GroundFloor on Tuesday that the startup has secured SEC approval for microlending in real estate to so-called "non-accredited investors" reflects a sea change that's coming in the business of capital raising, says a veteran Raleigh tech-focused attorney. Venture capitalists and banks are getting a lot more competition.
David Jones and Jason Caplain of Bull City Venture Partners have known Steve Malik and Vern Davenport for years. So when Bull City had a chance to invest in a new round of capital being raised by Malik and Davenport at Medfusion, they jumped in.
Lenovo, which recently lost one of its top enterprise business leaders and has so far failed to recover all sales previously produced by IBM in x86 servers, is ramping up efforts to win more business. The latest is the addition of Red Hat OpenStack. Lenovo is also offering big rebates and other software.
Its revenue has skyroccketed over the past three years; it has landed a big Boston investor and $25 million in cash - including money from Bull City Ventures. And now Durham-based Spoonflower is aiming even higher. The company wants a chief financial officer with - you guessed it - IPO experience. "Special bonuses also are available for the right candidate." They'd love to hire someone with Triangle connections, too. This is one very fascinating job description. Plus they have a host of other openings.
AT&T and CenturyLink are going to expand broadband Internet access to nearly 50,000 rural area homes and businesses over the next three years using some $42 million in funds provided by the Federal Communications Commission.
Jay Parker, one of the most familiar faces among Lenovo's executive leadership in North Carolina, has left the company, WRAL TechWire has confirmed. At one time Parker was head of Lenovo's North American operations.
Rick Osterlog, the president of Motorola, will be the leader of Lenovo's smartphone businesses under a reorganization plan the global tech giant says. However, the company will maintain two brands and Lenovo executive Chen Xudong remains leader of the Lenovo Mobile Business Group.
Chen Xudong, the recently named head of Lenovo's mobile group, uses his personal blog to make the case for the changes he's making. One company but apparently two brands. A focus on quality, not price. Regaining trust. An emphasis on an "imperative" of "three things." He asks for patience, says he is "convinced" Lenovo "has a chance to win" what he calls the "smartphone crowded market melee." Our WTW Insiders get the full story.