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.
June 16, 2009
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.
September 4, 2008
The North Carolina Technology Association (NCTA) announced this week that Senator Richard Burr will be a featured speaker at its annual National Leaders Symposium later this month in Washington, D.C.
Updated May 15, 2008
One tenant, albeit a big one, and 1,000 jobs pledged over a decade-long commitment at Kinston proves GTP backers right after nearly $90 million in state and federal subsidies?
May 13, 2008
Aberdeen Group report lists Red Hat 21st, SAS 30th, says demand for solutions offered by SAS is expected to grow.
Updated March 11, 2008
Updated March 9, 2008
As part of branding campaign, co-founder of data storage and technology firm also unveils new logo, Web site. The ‘whole shebang’ is changing, writes David Hitz in corporate blog. Moves come as NetApp shares give up half of value.
February 14, 2008
Network Appliance to focus less on banks as customers, according to Dan Warmenhoven. Company also continues to add employees.
Updated January 31, 2008
Long-time company president takes on role as vice chairman.