Posts tagged “Local Firms”
OrgSpan, a three-year-old software firm focused on enterprise social communications solutions, is being acquired by Indiana-based Interactive Intelligence. The company, which is owned by the CEO of Interactive, will remain in Durham and says it expects to expand as a result of the deal.
Republic Wireless, which offers calling and data plans for as little as $5 a month, began selling the new Motorola Moto G phone on Thursday for $149 - without a contract.
IBM revenue fell 4 percent to $22.5 billion, below the $22.9 billion that analysts polled by FactSet had expected. It's the eighth consecutive quarter of revenue decline. The biggest drop was in its systems and technology unit, or hardware, where revenue tumbled 23 percent to $2.39 billion from $3.11 billion.
Analysis: IBM's first quarter financial performance outlines a company in the midst of a long-term strategic evolution, and demonstrates cloud and big data-driven disruption impacting the IT industry as a whole. Krista Macomber of Technology Business Research crunches the numbers and trends.
The drug giant issues a statement reiterating it has "zero tolerance for unethical or illegal behavior" and says 48 employees were fired in 2013. The statement comes after reports that bribery probes are underway in two more countries.
RTP-based medical device firm TransEnterix pulled off its $50 million stock offering and moved its shares to a different exchange on Tuesday. The company expects to net $46 million from the transaction.
The BBC is reporting that pharmaceutical company GlaxoSmithKline is accused of bribing doctors to prescribe medicines in Poland, making this the third country to have an investigation currently ongoing.
Worldwide shipments of PCs continue to drop. But the decline in the first quarter of the year wasn't as dramatic as in recent periods, and Lenovo - the No. 1 global sales leader - broadened its market share by 2 full points to 17 percent.
The second day of the second annual Paradoxos festival in Durham focuses on events for kids, the launching of a crowdsourced wall mural, a somewhat zany talent show - and more. WRALTechWire's Jason Parker reports.
Hundreds of people pack "Jobs Under the Big Top," a reverse job fair in which companies recruit people for open positions. One company pays $1,000 for the chance to make a pitch to the crowd at the event in Durham, which kicks off the annual Paradoxos festival. WRALTechWire's Jason Parker reports for our Insiders.
Renowned physician Dr. Russell Greenfield - a regular contributor to The Dr. Oz Show and an author - has been named the new medical director for PurThread in North Carolina.
The race to be first to bring gigabit-speed Internet access across the Triangle and Triad may be won by AT&T, not Time Warner Cable or Google Fiber. The North Carolina Next Generation Network consortium says it is recommending that six city governments approve AT&T's proposal. However, the group is not precluding other companies from the project.
The North Carolina Technology Association released a second wave of speakers this week for the organization's upcoming State of Technology conference in Durham on May 16.
The Webby game is on again at The Escapist. The Durham-based news and entertainment web site that is the self-proclaimed "mouthpiece for the gaming generation, is gunning for a fourth Webby Award. Founder and General Manager Alexander Macris is one excited exec - and he shares with WRALTechWire the five reasons why he believes the site could be giving another five-word acceptance speech - but "funner" this time.