WRAL Tech Wire

 Motricity slashes its plans for stock offering to $100 million

In latest SEC filing, the former Durham firm cuts its initial public offering from some $250 million.

 PocketGear acquires rival, becomes top independent mobile apps provider

Durham-based provider of global marketplace for applications to be used on smart phones buys Texas-based Handango. The deal positions PocketGear behind global giants Apple and Google in the growing apps marketplace.

PocketGear's app stores business process

 Samsung takes aim at Apple’s iPhone with PocketGear as a partner

Durham-based venture-backed startup led by Jud Bowman is providing the infrastructure and support for Samsung’s new ‘Widget Store.’ Top distributor of mobile phones in North America rolls out new phones, including touch screen Mythic.

 Noro-Moseley names veteran entrepreneur George Mackie as partner

 Nanotechnology firm Liquidia lands $7M in financing

Durham-based startup plans to develop a vaccine on its own, CEO tells Triangle Business Journal.

 'The sun will rise again,' VC firm Wakefield still in action, general partner says

Contrary to rumors and speculation about a possible demise, Wakefield Group is open for business, Steve Nelson stresses. ‘Doing great, especially all things considered,’ he says. Wakefield recently made an exit from one investment, remains active in others.

 ‘The sun will rise again’ – VC firm Wakefield still in action, general partner says

Contrary to rumors and speculation about a possible demise, Wakefield Partners is open for business, Steve Nelson stresses. ‘Doing great, especially all things considered,’ he says. Wakefield recently made an exit from one investment, remains active in others.

Steve Nelson, right, and fellow VC Mike Elliott

 Private equity firm acquires Greensboro-based APEX Analytix

 Investor forms new tech company around RTP-based Integrian assets

More than 50 employees are hired by Digital Safety Technologies, which is led by New York investor Roger Lucas. Integrian had raised some $60 million from investors.

 Unable to raise capital, Relativity Technologies sells to U.K. firm for $9.7M

Raleigh-based software modernization firm had raised more than $24 million in venture capital since 1997. CEO says he expects few layoffs, but will not stay with combined venture. Founder Vivek Wadhwa is 'disappointed' in selling price.

 Triangle-based Integrian is sold; CEO leaves; some 30 people laid off

According to sources, including a company insider, New York-based Catalyst has bought Integrian for undisclosed sum. Integrian backers include Intersouth, Wakefield Group.

 Jud Bowman’s PocketGear off to smokin’ fast start

Smartphone application firm launches site for Android apps, is already profitable and is looking to hire additional personnel. Bowman acquired PocketGear business from Motricity in June.

 PocketGear – formerly part of Motricity – off to smoking fast start

Smartphone application firm launches site for Android apps, is already profitable and is looking to hire additional personnel. Triangle entrepreneur Jud Bowman acquired PocketGear business from Motricity in June.

 RTP startup Integrian is considering buyout opportunities

CEO of high-tech video surveillance firm says ‘lot of people’ looking to buy the business. Credit Suisse, Motorola, three VC firms – including two in Triangle – have poured $65M into Integrian.

 CED opens application process for its annual venture conference

Companies from across southeast can participate. Event is set for April 22-23 next year.

 Jud Bowman buys Motricity’s smart phone division

Wakefield, Noro-Moseley provide financing for Bowman’s venture, which is called PocketGear. Bowman quits Motricity, which is moving to Washington state, will build new company in North Carolina.

 PwC’s Jeff Barber shakes MoneyTree a final time – and hopes for a safety net

Barber never lost sight of the startup entrepreneurs even as PwC focused on the big game. And in helping the little firms Barber generated good will that won’t be forgotten

 Wakefield Group, Noro-Moseley Invest in Tennessee-Based Payments Solution Firm

FrontStream Payments closes on $16M in funding, plans to use funds for acquisitions and expansion.

 Venture 2008 Preview: VCs Still Ready To Pull Triggers on Good Deals

As Council for Entrepreneurial Development’s 25th annual venture capital event nears, Wakefield’s Steve Nelson says slowing economy isn’t affecting deals or fund raising.

 Prominent Investor Panel to Discuss 'State of the Capital Markets' at CED's Venture Conference