Posts tagged “CommScope”
A pair of life science giants - and rivals - are making moves. QuintilesIMS is raising nearly $1.5 billion in capital, perhaps in part for future acquisitions. Meanwhile, LabCorp makes a buy to expand its services network.
Filings: Avadim raises another $250K; W-S biotech eyes $1.25M; CommScope founder sells $10M in shares
Amid continuing rumors about an IPO, Avadim Technologies has raised another $250,000. In other SEC filing news, a Winston-Salem biotech looks to raise money and the founder of CommScope sells $10 million in shares.
"We are pleased to deliver year-over-year revenue growth and strong bottom-line results, which exceeded our expectations," said Chief Executive Officer Eddie Edwards in a statement. "Our fiber-to-the-X and wireless technologies were catalysts for this strong performance, especially in North America."
Wasting no time in capitalizing on new FCC rules designed to free up spectrum for high-speed wireless, the Obama administration is pledging $400 million to drive 5G research. An industry consortium is lining up private sector partners for the effort.
GSK-Novartis deal OK'd; Apple's $1.92B data centers; Argos buying HQ; Dish founder bis back; CommScope earnings
In today's Bulldog wrapup of technology and life science news: The FTC approves the Novartis-GSK cancer drug deal; Apple plans new data centers in Europe; Argos is buying its new headquarters; Dish founder back as CEO; and CommScope reports a profit.
RTP pharma firm expanding; CommScope revenues surge; $15M in new business for PowerSecure; LinkedIn posts loss
In today's Bulldog wrapup of life science and technology news: RTP-based Cirrus Pharmaceuticals is expanding; CommScope revenues hit $1 billion; PowerSecure books $15 million in new business; and LinkedIn reports a loss.
Frank Drendel, founder and chairman of CommScope, and N.C. Representative Jason Saine will receive two of the top three individual awards from the North Carolina Technology Association at its annual 21 Awards program next month.
A CommScope IPO would be the company's second. It was publicly traded before private equity firm Carlyle Group took it private in a $3.9 billion deal that closed in 2011.
The chase for venture capital has always been a "chicken vs. egg" debate. But what if it's really chicken (capital) vs. egg (ideas) vs. hatchery (VCs)? Can you have a productive venture capital-sparked startup community like Silicon Valley without top-drawer VCs?
After a 15 percent surge in share price last week, investors in CommScope were hit by a 5 percent drop Tuesday after the biggest investor in the networking technology firm moved to sell 10 percent of its holdings.
Quintiles led the class of Triangle IPOs in the last year at nearly $1 billion in value, but ChannelAdvisor's stock is showing remarkable strength. So is Aerie Pharmaceuticals. With Scynexis filing to go public Thursday, WRALTechWire updates what has happened on the stock "exit route" for regional firms and how their stocks have fared since.
The Hickory-based provider of cabling and wireless related communications technology went public again Friday at $15 a share. But shares finished the day down a penny.
The Hickory-based provider of cabling and wireless related communications technology is going public again. CommScope is selling 38.4 million shares and its parent firm The Carlyle Group is selling another 7.7 million shares.