In today’s Bulldog update of technology news: Credit Suisse hiring for new location in Morrisville; Align Technology to create 100 jobs in Wake; Raleigh drone developer teams with Kansas State on software research.
Credit Suisse hiring immediately for new location
The Triangle Business Journal reports that Credit Suisse has confirmed it will occupy 70,000 square feet in one of Lenovo’s Paramount Parkway buildings in Morrisville.
The company told the TBJ it plans to begin hiring immediately as part of a 25 percent headcount boost in the Triangle. The company employs 1,700 in the RTP now.
The company’s investment division and support and finance divisions are moving to the new location.
For the full story at TBJ see: http://www.bizjournals.com/triangle/blog/techflash/2015/09/credit-suisse-lenovo-building-morrisville-nc.html
Align Technology chooses Cary for East Coast expansion
Align Technology Inc. (Nasdaq:ALGN) will create more than 100 jobs in Wake County over the next five years. The San Jose company makes the Invisalign braces for teeth straightening. It also has 3D digital scanning and software products in development.
The announcement was made by Wake County Economic Development and Cary Economic Development.
LendingTree CEO: interest rate would have small impact on home buyers
LendingTree CEO Doug Lebda told CNBC in an interview that the average home buyer wouldn’t feel much impact from a quarter point interest rate hike by the Fed.
“A quarter-point move in interest rates will have a very negligible impact for consumers,” Doug Lebda said in an interview with CNBC’s Squawk Box. “It means about $30 a month on the average mortgage payment.”
Drone developer to help develop ag software
Raleigh-based PrecisionHawk, is teaming with Kansa State University to help create big data analysis software from unmanned aerial data to help improve corn production.
It’s a four-year project starting this month.
The idea is to create useful data from the aerial images of fields and crops.
