The latest blog posts from our WRAL TechWire and WRAL editors.
PrecisionHawk, a Raleigh-based developer of drones and software for analysis of aerial data, is flying high with $10 million in new funding. The company also landed a big-name New York investor, and Red Hat co-founder Bob Young invests again.
Seven startups, included two built by current Citrix employees, receive $25,000 in seed funding and will become the first firms to launch in the Raleigh-based Citrix Startup Accelerator beginning Monday.
Gigabit Internet access is becoming a reality in the Triangle, and a first-of-its-kind report about the economic impact of ultrafast networks shows that communities where fiber-optic access is deployed are enjoying a "positive impact on economic activity."
Analysts at Technology Business Research believe Oracle CEO Larry Ellison's decision to retire from that post and the changes in other executive roles will lead the software giant to "rethink how it operates."
Through its GSK China website, the drug giant formally apologized to the Chinese government and people for "illegal activities" that led to a $492 million fine and conviction of its top executive in that country. The full statement follows.
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.
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.
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.
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.
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.
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.
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.