Posts tagged “Nortel”

February 12, 2002

Underwriters Laboratories Moving Software Unit Back to Illinois; Decision Triggers Layoffs at Cisys

UL won't say why some 20 developers are being moved or cut. Cisys lets employees go on Friday, Monday. Pay already had been cut once then restored, former Cisys employee says.

February 11, 2002

Confused by World of Wireless and Its Towering Babble of Terms and Standards? Here's Help

Local Tech Wire launches a new technology column designed to make high-tech more understandable and usable. Today, LTW examines 2G wireless.

February 8, 2002

Flextronics Picks Franklin County for Expansion, But There's No Guarantee on How Many Jobs

Contract electronics manufacturer's decision could bring up to 1,500 jobs and a $20-million investment. Governor says scope of deal is assured. Company says it's not.

Tags: Cisco, Nortel
February 8, 2002

Raleigh-Based Alcatel Executive Faces a Tough Challenge: Taking Over as Struggling Firm's CTO

Analyst says Niel Ransom will need to develop revised strategy for the company as the telecommunications sector continues to struggle. "What he needs to do is lay out a new vision for Alcatel -- and that will be difficult to do," analyst says.

February 5, 2002

Cuts Continue at Alcatel; Raleigh Workforce Has Been Slashed by More than Half

Latest reductions leave 700 or so on payroll, down from a total of 1,600. After $4 billion loss in 2001, company CEO promised layoffs. Monday, he delivered.

January 29, 2002

Rumors Now Stilled, Red Hat Focusing on New Security, Large Enterprise System Opportunities

CFO says company will unveil new partnerships and initiatives this week at Linuxworld. As red Hat prepares for move to Centennial Campus, Kevin Thompson says, 'Everyone knows who we are.'

January 23, 2002

Powerful BioGrid Could Give a Huge Boost to North Carolina's Genomics Effort

Can NC keep its lead as a center for genomics and bioinformatics research? The NC Genomics and Bioinformatics Consortium explains its first project aimed at doing just that - an advanced computing network called the NC Bioinformatics Grid.

January 21, 2002

GAMEProducer Follows Conservative Road to Becoming Cash Positive

Chapel Hill company stays small but still finds success in matching game developers with publishers.

January 15, 2002

LVL7 Has Big Plans for 2002 in Telecom Market, Sets Sights on More Venture Funding

Cary-based software company anticipates getting major financing based on strong performance

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