Posted Nov. 8, 2011 at 6:38 a.m.

Premium Lock Tekelec: Company will stay based in NC; other changes are coming

Published: 2011-11-08 06:38:39
Updated: 2011-11-08 06:38:39

Tekelec Tekelec

In a filing with the SEC, Tekelec spells out to its employees the changes that are coming as the company goes private in a $780 million deal with Siris, a private equity firm. While the management team will remain in place, a reorganization and layoffs announced in May will continue, the company says....

Read More
Read More

Copyright 2014 WRAL TechWire. All rights reserved.
Editor's Blog

Editor's Blog

The latest blog posts from our WRAL TechWire and WRAL editors. Read more articles…

Please Log In to add a comment.

Best of TechWire Insider

Techwire Inside Partners

OUR INSIDERS

Vivek Wadhwa
Commentary
Dr. Mike Walden
Tech economy
Frank Vinluan
Life science
Scroll