July 14, 2009
More than 118,000 jobs have been cut since January, outplacement firm reports. However, number of layoffs did drop sharply in second quarter.
July 10, 2009
Some analysts see storage technology firm as vulnerable after it lost out to much-larger EMC in bidding for Data Domain.
July 9, 2009
A bidding war over data storage company Data Domain is over, with EMC emerging as the victor.
Updated July 8, 2009
What's The Street's view on the NetApp-Data Domain deal?
Updated July 7, 2009
Fight for storage technology dominance enters new phase just as NetApp announces government approval for its Data Domain. EMC also say it has federal clearance to merge companies.
Updated June 16, 2009
Regardless of whether EMC or NetApp wins the battle, Data Domain shareholders already have made a windfall. The firm's shares were selling under $20 when the NetApp deal was disclosed. After EMC entered the battle, shares shot as high as $34.35.
Updated June 3, 2009
Data storage company EMC Corp. is offering $30 per share, or $1.8 billion, for Data Domain Inc., one-upping a rival bid for the backup system provider from rival NetApp Inc.
Updated May 21, 2009
CEO of data storage company, which operates campus in RTP, dismisses talk that his own company is a takeover target. NetApp shares drop on earnings report, news about acquisition.
Updated April 16, 2009
Storage technology provider buys back leasing deals building in RTP, California. It also agrees to pay whopping fine after Justice Department fraud investigation.
Updated February 26, 2009
Fewer than 30 Triangle employees are affected by cost-cutting, and several could find jobs within the networking giant. Company wide, Cisco is reducing work force by around 2,000 people.
Updated February 20, 2009
Job openings plunge more than 50 percent from a year ago. 'IT job-seekers may need to brace for a tough year before jobs return,' NCTA, recruiting firm say. Economist points out world has 'glut' of high-tech products.
Updated February 10, 2009
Company doesn’t disclose locations where cuts are made; storage technology firm operates campus in RTP.
Updated January 22, 2009
Several other firms with major presences in North Carolina also crack list. Among them: NetApp, which finished first, Cisco, Novo Nordisk, Cary-based Kimley-Horn and law firm Alston & Bird.
Updated October 29, 2008
NCSU's Virtual Computing Lab, IBM team up for cloud computing initiative to make available more educational resources, computing power.