'Buoyed by New Financing, ChannelAdvisor Points to Profitability - and the Stars,' reads the headline on one of the very first stories published by Local Tech Wire in January 2002. Now called WRAL TechWire, our team will be taking a look back through the archives as a way to commemorate 15 years of covering tech and life science in the Triangle as well as across N.C. Scot Wingo remains a pillar of the Triangle startup community, and ChannelAdvisor became in many ways what he set out to build. Enjoy the look back in time. Words Wingo spoke then still ring true today.
Analysis: Cisco made headline news worldwide Wednesday with the announcement it was buying pre-IPO cloud tech firm AppDynamics for $3.7 billion. That's nearly double AppDynamics' valuation. So why make such an expensive deal? And what else is happening in the cloud business? A lot. Here's an analysis for our Insiders.
Founded in 2014, Seal the Seasons markets locally grown and frozen fruits and vegetables in grocery stores. The company aims to empower farmers and consumers to support each during the full year through local frozen produce.
Analysis: AT&T reports a year-to-year decline in consolidated revenue for the first time in nearly four years, reflecting its struggle to increase growth organically, says Technology Business Research analyst Steve Vachon.
Bob Young, the co-founder of Red Hat and self-publishing firm Lulu, has stepped aside as CEO of Raleigh-based drone tech firm PrecisionHawk. Replacing him is Michael Chasen, the co-founder of ed tech firm Blackboard.
Analysis: Tepid holiday phone additions keep Verizon's wireless revenue in decline as competitors' unlimited data plans limited its subscriber growth in 4Q16, says Steve Vachon, Research Analyst at Technology Business Research.
SAS continues its unbroken streak of revenue growth dating back to its founding in 1976 with $3.2 billion in sales for 2016. And in looking ahead for 2017, its top marketing officer sees big opportunities for the software giant coming through artificial intelligence as well as the hot Internet of Things.
Cree beats Wall Street expectations on revenues and earnings, sending its stock up nearly 6 percent in after-hours trading Tuesday. Meanwhile, the Durham LED giant also says it's moving closer to selling off its Wolfspeed power technology business.