WRAL Tech Wire

Waveguide Waves Good-Bye to Telecom Market, Hello to LEDs

Charlotte optoelectronics company lines up third round of venture cash from Southeast Interactive and Academy after shifting its strategy to pursue what execs see as a more promising market.

Mi-Co Lures Barrett Joyner on Board as VP of Sales and Marketing

<b>The Daily Skinny:</b>Jim and Greg Clary's startup, which digitizes pen-and-paper writing and forms, lands one of RTP's better-known execs. Former president of SAS North America had left last job in July. Is Mi-Co ready for growth -- and more VC?

LVL7 Expands Board, Including Cree Founder

InfoTech 2002: Deals Are Going Down Despite a Gloomy VC Climate

BuildLinks will soon close on funding; Waveguide gets a deal; MindValve closes in on $3M and Synthematix on $2.5M. CipherOptics hints at news soon. And Pinpoint, fresh off closing a round, keeps getting calls.

CED's InfoTech Draws Scores of Speakers, Companies for One-Day Showcase

Annual show in RTP to feature 20 technology companies plus panel discussions and presentations about the state of the tech industry.

Quintiles Acquires Australian Clinical Research Firm

Health Research Solutions to be called Quintiles HRS. Founder agrees to stay on. Companies had already been working together.

Week in Review: Some Local Tech Companies Are Stepping Up Activity in Anticipation of Next Surge

Handful of VC deals, other news indicates new enthusiasm is bubbling up in some sectors. Maybe execs are listening to Alan Greenspan. Some signs also show 'return to the extras'.

Genomics Researcher, Former SmithKline Beecham Exec Headline Atlanta Biotech Forum

As many as 20 companies to make VC presentations at Southeastern Life Science Association conference on Dec. 5.

SAS Offers Risk Management Solution

Region Breaks Through $800M Barrier in Annual Venture Activity

After several quiet weeks, four deals worth more than $23 million are announced, including a rare funding in South Carolina. More than 100 companies in the Carolinas and Georgia have attracted cash so far this year.

N.C. Sees First Venture Fundings of October

Two new rounds and an addition to an earlier round marked the first VC deals in the Tar Heel State since September. Fifty companies have landed more than $360 million this year.

Positive FDA Letter Sends Salix Stock Soaring 80 Percent

Its new drug for diarrhea gets 'approvable letter' which, company says, means FDA is closer to endorsement. 'If you look at other companies' first actions, it's very rare to get an approvable letter,' CFO says.

Quintiles Hires Morgan Stanley To Help Review Acquisition Proposal

Founder Dennis Gillings is lining up hundreds of millions in financing for his bid to take company private. His new company says financing and capital needed for deal are committed.

Embattled NCTDA President Has No Plans To Resign His Job

"I stay here and fight because I feel TDA can be an important component of that vision for the future. Yeah, it would be easy to fold up the tent and say, 'No one loves us anymore, and it's too hard.'But what happens?" Emmett says.

No Doubt: Survey Points Out GSK Dominance of Region's Drug R&D

Pharmaceutical Research and Manufacturers of America survey says 200 diseases are targeted by 144 companies. GlaxoSmithKline has a role in two-thirds of the Triangle's drug research share.