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A computer virus that presents itself as a virus scanning product is making its way around area workstations.
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If the number of billionaires in the world is any indication, it appears the economy is on the way to recovery.
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Friday might officially signal the weekend. But with SXSW 2010 opening tomorrow, San Antonio business owners and their employees are starting the weekend early by loading up their exhibits and heading to Austin.
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RadiSys Corp. on Thursday said it has acquired Pactolus Communications Software Co. in a deal aimed at bolstering the company?s offerings of Internet-based communications products. (RSYS)
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Northrop Grumman Corp., in the process of determining a new Washington area location for relocating its corporate headquarters from California, said work has slowed at one of its local operations, and that may affect dozens of employees. (NOC)
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Ralink Technology Corp. and TrendChip Technologies Corp. on Thursday announced a merger agreement.
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Honolulu resident Pierre Omidyar is among the world?s top billionaires, according to a Forbes magazine report released Wednesday.
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Telecoms gear maker UTStarcom Inc. lost $39 million in the fourth quarter and $226 million for the year 2009. (UTSI)
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VF Corp. has announced plans to establish a new centralized supply chain office to manage purchasing in the Latin America region. The office is expected to open in Panama City, Panama by October. As a result, 20 positions based in Greensboro are expected to be eliminated. Others may be offered the opportunity to relocate to Panama. The Greensboro-based apparel company will also be relocating an office currently in Plantation, Fla.
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National Semiconductor Corp. on Thursday reported third quarter net income of $53.2 million, or 22 cents a share, on sales of $362 million. (NSM)
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James Cameron?s blockbuster hit movie ?Avatar? may have won big at the 2010 Academy Awards for taking home Best Visual Effects and Best Art Direction. But NewTek Inc. officials in San Antonio can bask in the knowledge that the company played a small role in that film?s success.
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Seattle?s Evri Inc. bought Radar Networks, which runs the search engine Twine. (MSFT)
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Kansas City came in fifth among U.S. medium- and large-sized cities in terms of telecommuting, a new study says.
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If the number of billionaires in the world is any indication, it appears the economy is on the way to recovery.
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The U.S. Federal Trade Commission is reportedly preparing to oppose Google Inc.'s acquisition ofAdMob Inc.
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To submit networking meeting or event information, e-mail phoenixcalendars@bizjournals.com.
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Utility companies are ready to advance their smart grid technologies, but see financial concerns getting in the way, according to a Microsoft Corp. survey released Thursday at CERAWeek 2010. (MSFT)
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A 14-member task force is working toward developing a technology and innovation business park in Liberty.
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Permissive parents who show low levels of warmth play a role in driving their teenage children to having multiple sex partners regardless of race or ethnicity, concludes a new study by at RTI International, the Max Planck Institute for Demographic Research, and Pennsylvania State University.
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Chelsea Therapeutics International reports a loss of $6 million, or 18 cents per share, for the fourth quarter of 2009. That improves on its net loss of $9 million, or 30 cents per share, for the same period a year earlier. (CHTP)
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After winning some West Coast venture funding and a spot in Facebook Inc.?s startup incubator program, RunMyErrand Inc. is making a westward move: The company is moving its top three startup executives to a new office in San Francisco.
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A federal jury in Tampa convicted Joseph Nelson Sweet of Bradenton and Jack Lee Malone of Largo on charges related to a scheme to interfere with tax laws.
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Matrixx Software said Thursday it raised $9 million in the funding.
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The U.S. Food and Drug Administration has approved a new Boston Scientific Corp. heart-stent system designed to boost circulation in a patient?s legs. (BSX)
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Telecom company PowerNet Global said Thursday it is looking for ?complementary businesses? to acquire.
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Drug developer Synta Pharmaceuticals Corp. ended 2009 with a net profit of $79.1 million fueled by deferred revenue from a no-defunct partnership with GlaxoSmithKline.
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Complaints to the Better Business Bureau nationally grew 10 percent in 2009 as consumers dealing with a rough economy and deteriorating finances reported their frustrations to the nonprofit consumer reporting agency.
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The University of Tennessee Health Science Center at Memphis will be a part of the NetTN virtual private network, developed by AT&T for the state of Tennessee.
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Lockheed Martin has won a three-year, $36.8 million U.S. Army contract for work at its Arizona Support Center in Gilbert on advanced targeting and piloting systems used on AH-64 Apache helicopters.
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While most faced pay cuts or unemployment, the folks on Forbes' 2010 Billionaire list did quite well, even though many dropped down on the list. (NKE) (MSFT)
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PorchJam, an Austin-based technology start-up aimed at music lovers, musicians and club owners, is gearing up to launch at South By Southwest.
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Safeguard Scientifics Inc. said Thursday it lost $58.5 million in the fourth quarter of last year and has agreed to a debt swap that better aligns its obligations with expected exits from its investments. (CLRT) (SFE) (SFE)
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Advent Software Inc. bought Goya AS, a Norwegian software business. (ADVS)
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SAS Institute founder and CEO Jim Goodnight saw his net worth climb to $6.9 billion, but despite the increase he fell 31 spots on Forbes magazine?s annual ranking of the world?s billionaires.
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Apple's iPhone is a strong No. 2 in the latest rankings of smartphone market share, but the Research in Motion's Blackberry is still far ahead of iPhone in subscribers. (SCOR)
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The National Science Foundation has awarded $675,000 to the University of Wisconsin-Milwaukee and Marquette University to form an Industry & University Cooperative Research Center over the next five years focused on freshwater research, UWM said Thursday in a news release.
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Colorado's Arca BioPharma Inc. -- which is struggling to get its experimental heart-failure drug Gencaro to market -- reported a "going concern" opinion from its accountants Thursday, and said it is considering a merger or other "strategic transaction." (ABIO)
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Semiconductor maker Entorian Technologies Inc. has submitted to voluntarily delist its common stock from the Nasdaq Global Market.
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The town of Cary said Thursday that it plans to temporarily close a section of the White Oak Creek Greenway due to construction of the Triangle Expressway turnpike project.
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As Apple Inc. gets ready to stock shelves with its iPad tablet device, software developers are hurrying to get make their iPhone apps compatible with the new device. (AAPL)
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Following the repurchase of its cell phone division last year, Lenovo is planning to roll out a new smartphone with the goal of becoming China?s leading phone supplier.
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NextG Networks Inc. said Thursday a federal court in New York dismissed a lawsuit against the company by a homeowners' association.
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EastBanc Inc. is Mayor Adrian Fenty's choice to develop the West End fire station and library in D.C., city leaders announced Thursday.
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Savvis Inc. appointed Mark Smith, a former executive with Thomson Reuters in Tokyo, as managing director for North Asia. The company also said it would expand its offerings in the Asia-Pacific region.
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Open source search company Lucid Imagination Inc. said Thursday it has completed its Series B funding with $10 million in new investments.
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In its second round of venture funding, Lucid Imagination Inc. raised $10 million.
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OnLive Inc., the high profile startup that promises it can replace gaming consoles by delivering sophisticated video games live over the Internet, will start offering service on June 17, founder and CEO Steve Perlman said during a keynote speech at the Game Developers Conference in San Francisco Wednesday.
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Google has added bike directions in many cities to its Google Maps application, including in the Washington area. (GOOG)
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A three-judge, Federal Circuit Court of Appeals panel has upheld a 2008 hard disc drive patent verdict in favor of Seagate Technology over Siemens AG. (STX)
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Search and advertising giant Google Inc. added bicycling directions to its maps service. (GOOG)
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Google Inc. CEO Eric Schmidt reportedly said Wednesday that a conclusion is likely soon in negotiations with the Chinese government regarding the search company's future in that country. (GOOG) (GOOG)
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Los Alamos National Laboratory awarded a $100 million contract to TerranearPMC LLC to haul and dispose of waste produced by stimulus-funded cleanup work.
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A federal jury in Texas found that a negative pressure wound therapy product marketed and sold by Smith & Nephew infringed on two patents owned by Wake Forest University and licensed to Kinetic Concepts Inc. (KCI) (SNN)
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A St. Patrick?s Day event at de Vere?s Irish Pub in downtown Sacramento is expected to impact morning and afternoon traffic in the vicinity of L and 16th streets.
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Smartphones powered by Google Inc.'s Android operating system more than doubled their market share in the fourth quarter to 7.1 percent, a new report said. (GOOG) (RIMM) (AAPL) (MSFT) (PALM)
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CA Inc. has agreed to pay $350 million in cash to buy privately-held Nimsoft Inc., a Redwood City-company that sells information technology performance and availability monitoring products. (CA)
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CA Inc. said Wednesday it agreed to acquire Nimsoft Inc. in an all-cash transaction valued at $350 million. (CA)
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Milwaukee has thrown its hat in the ring to become a test site for the Google Fiber Network, Google?s experimental attempt to offer ?ultra high-speed? broadband Internet, according to the mayor's office.
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The former CEO of Brocade Communications Systems Inc. wants the court to declare a mistrial in his stock-options backdating case, according to reports Wednesday.
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Kansas Gov. Mark Parkinson has appointed an Overland Park banker to the board of Kansas Technology Enterprise Corp.
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Target Corp. which has 13 stores in the Raleigh-Durham area, now is offering coupons that customers can access on their mobile phones, then redeem by scanning a barcode on the phone at checkout.
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Google Inc. still dominated online searches in the United States in February, to no one?s surprise. (GOOG) (YHOO) (MSFT) (IACI)
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Rent-to-own retailer Rent-A-Center Inc. has filed a lawsuit against a Georgia-based rival, alleging that the company distributed false advertising about Rent-A-Center.
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A brain-stimulation device that Medtronic Inc. is trying to get approved to treat epilepsy in the United States ran into a road block today when the Food and Drug Administration said a clinic study for the project didn?t meet its objectives. (MDT)
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Local scientific research organizations, including Greater Boston?s renowned hospitals and bastions of higher education, collected more than $2.33 billion in project grants awarded by the National Institutes of Health last year.
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Mace Security International Inc. said Wednesday that it is exploring the sale of its digital media marketing division. (MACE)
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A North Texas survivor of the telcom bust, AppTrigger Inc., will be acquired by London?s Metaswitch Networks on undisclosed terms.
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Sprint Nextel Corp. is losing an outsourcing contract with Time Warner Cable Inc. that may be worth as much as $250 million in profits a year. (TWC) (S) (CTL) (T)
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CACI International Inc. has won a $31 million contract from the Department of Defense?s Business Transformation Agency to help defense agencies modernize financial systems and teach employees how to use the new systems. (CACI)
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Performance management software maker Reddwerks Corp. named industry veteran Alex Ramirez director of engineering.
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BioCryst Pharmaceuticals Inc. cut its net losses by 45 percent in 2009 compared to 2008 thanks in part to a 32 percent spike in revenues.
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Lockheed Martin Corp. has been awarded a $17 million contract for engineering design services for a U.S. Navy missile-launching system, the company said Wednesday. (LMT)
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Anitian Enterprise Security announced plans Wednesday for a new data center.
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Drivers using global positioning systems look for Starbucks stores more than any destination other than a Walmart store, according to a new study. (SBUX)
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Target Corp. now is offering coupons that customers can access on their mobile phones, then redeem by scanning a barcode on the phone at checkout.
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A Web cloud computing application maker is opening an Austin office as part of a national product roll-out.
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nFinanSe Inc. said it would reduce its fees to cardholders for ATM withdrawals and for electronic bill pay transactions.
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Oil and gas industry professionals in Asia Pacific are more tuned in to use social media and collaboration tools at work, according to a Microsoft Corp. and Accenture plc survey released Wednesday at CERAWeek 2010. (MSFT) (ACN)
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Systematics Inc., a provider of in-house records storage and management services for businesses, has been acquired by National Office Systems of Maryland.
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Last year proved challenging for Cognex Corp. and its executive team.
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A technology political action committee is urging legislators to renew a research and development tax credit that expired last year.
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Austin-based LibreDigital is powering newspaper content for Sony's digital reader, officials announced during a recent New York media summit.
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Florida has joined the Federal Trade Commission and 34 other states in a settlement agreement reached with LifeLock Inc., a major identity theft prevention company accused of misleading advertising practices.
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EMS Technologies Inc. fell into the red in 2009 after a goodwill impairment charge. (ELMG)
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Qwest Communications International Inc. said Wednesday that $959.9 million in notes were tendered by Tuesday's early-participation deadline in a $1.2 billion tender offer announced Feb. 24. (Q)
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The Jacksonville Economic Development Commission Wednesday unanimously approved a request by Lender Processing Services Inc. of nearly $3 million in city and state incentives to add 350 full-time jobs in Jacksonville. The city is being considered along with three other areas in the nation for the jobs. (LPS)
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Cincinnati Bell Inc. said Wednesday that it will begin a public offering of $400 million in senior subordinated notes due in 2018. (CBB)
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Smith Electric Vehicles U.S. Corp. has offered to buy its British partner for 37 million pounds ($55.2 million) in cash and a piece of any future public offering.
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The Jacksonville Economic Development Commission Wednesday unanimously approved $525,000 in incentives for an Orlando company that manages residential mortgage portfolios. The company is looking to bring 175 full-time jobs to Jacksonville in three years.
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Austin-based Valence Technology Inc. (Nasdaq: VLNC) has received written notice from Nasdaq warning the company its stock has fallen below the $1 minimum bid required for market listing.
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Apprion Inc. said Wednesday it closed a third round of funding with $8 million.
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City officials are asking Austin residents to help petition Google Inc. to pick the city as a test site for an ultra-fast Internet system.
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Baker & Taylor Inc. will offer the titles of publishing company Elsevier on its Blio service, an electronic-reader software application.
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Google Inc. unveiled a new app store Tuesday night for developers of business software to offer their apps. (GOOG) (MSFT)
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LifeLock Inc. has agreed to pay $11 million to the federal government and another $1 million to 35 states, including Hawaii, to settle charges it used false and deceptive claims to promote its identity theft protection services, the Federal Trade Commission said Tuesday.
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The Honolulu Police Department has suspended its popular Web site that would post the names and photos of drivers arrested for impaired driving, less than four months after the site was launched.
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The city of Alexandria has been indefinitely shut out of Verizon?s popular Fios television and Internet network, as the company has stopped expansion nationwide of the franchise agreements that allow it to install its fiber-optic network.
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The National Football League has benched Sprint Nextel Corp. as its official wireless partner, signing a new four-year deal with rival Verizon Wireless. (S)
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Fairfax-based government IT consulting firm ICF International Inc. reported higher fourth-quarter sales and earnings and raised its full-year forecast after completing an acquisition. (ICFI)
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Microsoft Research fellow Charles P. Thacker has been named this year's winner of the A.M. Turing Award for a lifetime of contributions to computing.
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Abbott Laboratories Inc. will buy Facet Biotech Corp. with a net value of about $450 million, the companies said Tuesday. (ABT) (FACT)
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Los Alamos National Laboratory selected two companies, Simtable and Southwest Bio Fuels, as awardees for $100,000 grants from the lab?s Venture Acceleration Fund.
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Specialty finance company Hercules Technology Growth Capital Inc. said Tuesday it invested $3 million in new capital for InfoLogix Inc. (HTGC) (IFLG)
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Zoran Corp. shares dropped Tuesday after an analyst's downgrade, closing the day down nearly 6 percent at $11.21. (ZRAN)
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Goodwill impairment charges sent TRX Inc. into the red in 2009. (TRXI)
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Optimal Solutions Integration Inc., a North Texas consulting shop specializing in software from Europe's SAP, has acquired an East Coast company called Budgetec LLC.
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Construction workers building the massive $4.2 billion GlobalFoundries chip fab in Malta, N.Y., won?t have to travel far if they forget their hard hat or safety glasses at home.
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A new title coming out of Timonium?s Big Huge Games will be published by gaming industry leader Electronic Arts. (ERTS)
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New York state will again try to auction surplus property in Glens Falls and Schenectady that didn?t sell the first time around.
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Boston is the top U.S. medium-sized or large city for telecommuting, according to a new survey of 3,600 workers in 36 markets.
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Days after Human Genome Sciences Inc.?s chief financial officer stepped down, the Rockville biotech has named a board member as his replacement, effective March 22. (HGSI)
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San Francisco-based lighting startup Lemnis Lighting has raised $35.7 million in a series D round.
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Addiction Therapeutix Inc., of Wauwatosa, and InvivoSciences, with offices in McFarland and Wauwatosa, are among the 10 Wisconsin biotechnology companies that will receive scholarships of $1,100 each to support them in attending the Biotechnology Industry Organization?s International Convention to be held May 3-6 in Chicago.
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Cisco Systems? unveiling Tuesday of a new routing system that it says will be the foundation of the new Internet drew a lukewarm response from the market as shares in the company fell by about 1 percent immediately after the announcement. (CSCO) (T)
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Ciena Corp. has sold $375 million in bonds ? $125 million more than originally planned ? because of high demand from investors. (CIEN)
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Hexion Specialty Chemicals Inc. trimmed its fourth-quarter loss to finish the year in the black despite a sales decline amid slumping demand. (HUN)
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Herndon-based Internet service provider RCN Corp., in the process of being acquired in a $1.2 billion deal, reported a smaller quarterly loss and an increase in quarterly revenue. (RCNI)
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SynapSense Corp. in Folosm hired technology industry veteran Jeff Boone as its vice president of software engineering.
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Frontier Communications Corp. spent $1.3 million to upgrade its Elk Grove data network to a state-of-the-art Internet protocol to meet needs of high-speed users in Elk Grove during peak use times.
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Arlington-based Ideal Innovations Inc., one of a dozen companies competing for nearly $500 million in Army biometrics work over the next five years, has been awarded a contract worth as much as $30.5 million with the Army?s Biometrics Task Force.
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ActiveTrack Inc., a Portland-based developer of security software for mobile devices, on Tuesday said it has received its first round of funding.
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The Kansas Bioscience Authority on Tuesday approved about $1.7 million in investments to help local entities with construction projects and personnel.
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Falls Church-based HITT Contracting Inc. will design and build a $62 million, 110,000-square-foot data center for the General Services Administration.
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Convergys Corp. said Tuesday it signed a deal with Sonda, an IT services provider, to market several Convergys software products in Mexico. (CVG)
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An Austin Web game start-up today unveiled a browser plug-in meant optimize game play through Facebook, Myspace and other social media.
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Cisco Systems Inc.'s big announcement Tuesday turned out to be about a new routing system that it says will "serve as the foundation of the next generation Internet." (CSCO) (T) (GOOG) (VZ)
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The information technology division of Falls Church-based General Dynamics Corp. has been hired to move the Federal Aviation Administration from its old phone network system to a new one. (GD)
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Roughly a week after predicting 20 percent revenue growth for the current fiscal year, network equipment maker and services provider Netezza Corp. has set hefty executive bonus targets that largely hinge on the company's top-line expansion. (NZ)
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FMC Technologies Inc. has won its second contract in two months from Statoil ASA. (FTI)
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McLean-based Science Applications International Corp. will help the Department of Energy keep an eye on biomass projects that the agency is helping fund. (SAI)
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Austin game maker WebWars LLC changed its name to Electric Bat Interactive LLC to reflect plans to diversify, officials said today.
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After two months of volleying, II-VI Inc. is withdrawing its proposal to acquire Middlefield, Conn.-based Zygo Corp, after the company rejected the offer. (IIVI) (ZIGO)
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Electronic Arts Inc. on Tuesday announced an agreement with 38 Studios LLC to publish the company?s first video game. (ERTS)
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Venture capital investments in mobile technology companies fell precipitously in 2009, according to a new report issued this week by the industry group Mobile Monday Boston. According to the report, investors put $ 338.65 million into mobile startups in 2009, down 40 percent from 2008?s total of $565.28 million.
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Glycos Biotechnologies Inc. is moving closer to worldwide commercialization of its microbial technology.
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British firm Active Navigation Ltd. has tapped Houston and Reston, Va., to serve as the locations of its new U.S. headquarters.
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The Bexar County Justice of the Peace Courts have implemented an automated case management, scheduling and document filing system that is designed to improve staff productivity and streamline workflow.
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Austin entered the race to become Google Inc.'s first test city for a super-fast fiber Internet network.
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Defense contractor Raytheon Co. said Jon C. Jones, the president of its space and airborne systems division, died this past weekend of an apparent heart attack. He was 55. (RTN)
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Intevac Inc. said Tuesday that its photonics business received a multi-year, $18 million purchasing agreement for its digital night vision module. (IVAC)
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Fabless semiconductor company SiBEAM Inc. said Tuesday it closed a fourth round of funding with $36.5 million. (CSCO)
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A day after Apple Inc. debuted its first iPad ad during the Oscars, Hewlett-Packard Co. has rolled out an ad for its Slate tablet computer.
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Harris Corp. and Jotron AS are partnering to pursue a five-year, $200 million Federal Aviation Administration contract for next-generation radios. (HRS)
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Less than a week after buying an Austin-based competitor, HomeAway Inc. today breached the South American market for the first time, acquiring a Brazilian vacation rental site.
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Adobe Systems Inc. co-founder Charles Geschke has been appointed to a newly created endowed "Chair of Entrepreneurship" at the University of San Francisco's School of Business and Professional Studies. (ADBE)
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Governor Arnold Schwarzenegger and California Health and Human Services Agency Secretary Kim Belshé said late Monday the state is naming a new nonprofit entity called Cal eConnect to oversee the development of Health Information Exchange services in the Golden State.
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YTB International Inc.?s board of directors appointed Burt Saunders as a director, as well as to the board?s investment committee, the company said in a regulatory filing Monday.
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Savvis Inc. said Monday that its Chairman James Ousley, who?s been serving as interim CEO, will serve as its chief executive, and its board has ended its search for a new CEO.
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Calix Networks Inc. said Monday it now hopes to raise from $42.5 million to $53.1 million in an initial public offering.
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Qwest Communications International Inc. is expanding its newest version of high-speed Internet to areas of the Phoenix and Tucson metros, the company announced Monday. (Q)
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Drug developer CombinatoRx Inc. said Monday it will pay its new CEO an annual salary of $450,000 and dole out $325,000 in cash bonuses to several senior executives following the U.S. Food and Drug Administration?s approval of its pain drug Exalgo.
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Charter Communications plans to partner with nonprofit One Economy on a pilot program to provide up to 1,000 St. Louis area households with free Internet service, training and affordable technology.
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Technology consulting group The Armada Group on Monday named Vasanthan Dasan chief technology officer and executive vice president of engineering.
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Mako Surgical Corp.?s revenue surged 817 percent as it narrowed its losses. (MAKO)
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Sony Ericsson, which is moving its North American headquarters to Atlanta, will remain the WTA Tour?s lead financial backer but will drop its title sponsorship of the tour under terms of a new deal that stretches through 2012.
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QuinStreet Inc., a provider of online marketing and media services, is moving its headquarters to an new office in the same city.
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Atlantic Marine Philadelphia LLC has received a nearly $12.8 million contract that could be worth almost $15.5 million if all the options on it are exercised, the Defense Department said.
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Exelixis Inc. said Monday it will cut 270 employees -- or about 40 percent -- from its work force in a restructuring. (EXEL)
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Google Inc. is reportedly working on a new service with Dish Network Corp. that searches for TV programs.
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Starkey Laboratories Inc. has announced an exclusive licensing agreement with Nickelodeon & Viacom Consumer Products (NVCP) to launch co-branded pediatric hearing aids.
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Arlington-based The HealthCentral Network Inc. has named Sastry Nanduri chief technical officer.
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Wireless telecommunications giant AT&T Inc. has launched a new campaign to warn cell phone users about the dangers of texting while driving. (T)
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Northrop Grumman Corp. will not submit a bid for the controversial KC-X U.S. Air Force refueling tanker contract, the company said Monday while still maintaining that its would-be entry was "the best value for the military and taxpayer."
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Rcadia Medical Imaging Ltd. has won European regulatory approval for its technology to detect coronary-artery disease using a coronary CT scan.
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The Kentuckiana Chapter of the Associated Builders and Contractors Inc. recently handed out its 2009 Building America Construction Awards of Excellence.
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Northrop Grumman announced Monday that it will not compete for the long-contested, $35 billion Air Force air tanker contract. (BA) (NOC)
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The Ninth Annual Winston-Salem Chamber of Commerce Technology Briefing will introduce ten promising technology firms from a variety of industry niches ranging from regenerative medicine to information security, according to an announcement from the chamber.
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Acetylon Pharmaceuticals Inc. has licensed a drug discovery platform and a group of enzyme inhibitors from Harvard University and the Dana-Farber Cancer Institute.
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The University of Texas at San Antonio has opened a new facility on campus that will offer office and laboratory space to technology entrepreneurs as a way to help them grow their companies.
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Penn National Gaming Inc. wants to establish another foothold in the Central Ohio gambling market with the purchase of Beulah Park racetrack in Grove City. (PENN)
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Postabon Ic., a developer of software that identifies local shopping deals for consumers, has raised $1 million of a planned $1.5 million round of venture capital, according to regulatory filings.
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Austin-based social networking developer Gowalla Inc. released this week an Android- and Palm-optimized version of its mobile site.
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Sony Online Entertainment LLC, which operates an Austin development office, launched its first-ever Facebook Inc. game, officials said today.
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AirStrip Technologies LP has hired a former analyst with the Harvard Risk Management Foundation to become its newest executive.
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DeltaPoint Inc. emerged as the big winner in this year?s annual Angel Oregon event hosted by the Oregon Entrepreneurs Network.
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Bernstein Research has cut its 2010 earnings estimate for Fifth Third Bancorp. (FITB)
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Round Rock could be the first to test a new Google Inc. broadband communications network.
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Microchip Technology Inc. is upping its offer again to purchase Silicon Storage Technology Inc., this time nearing $300 million, to fend off another bidder.
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SolarCity has moved into expanded facilities in Phoenix as the system installer prepares to step up work.
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Parametric Technology Corp. said shareholders last week reelected directors Paul A. Lacy, Michael E. Porter and Robert P. Schechter to the company?s board, while also endorsing a slate of compensation- and auditing-related measures.
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Taser International Inc. has sold its first computerized system for evidence collection and storage in the U.S. to a South Dakota police department.
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Ciena Corp. is raising $250 million in bonds to help pay for its $769 million purchase of part of Nortel Networks. (CIEN)
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BigPoint, a fast growing German online gaming company that is partly owned by a GE/NBC Universal venture fund, is opening a San Francisco subsidiary that executives say could employ nearly 40 people by the end of the year.
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Scottsdale could be in line for a new super high-speed broadband communications network being developed by Google Inc.
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Sonus Networks Inc. said Mohammed Shanableh, its vice president of worldwide sales, has taken steps to incrementally sell up to 456,570 shares of his common stock ? virtually his entire stake in the telecommunications-technology company, according to regulatory filings.
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Radiant Systems Inc. has expanded its relationship with Atlanta-based FOCUS Brands, adding Radiant point-of-sale terminals and software to Moe?s Southwest Grill restaurants. (RADS)
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Tilera Corp. said Monday it closed a third round of funding with $25 million.
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Ebix Inc. had a record year for earnings in 2009, propelled by a nearly 31 percent revenue spike.
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DataXu Inc., a developer of online advertising-analytics software, has raised $11 million in venture capital.
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Innovalight Inc., which sells silicon ink-based solar cell materials and technology, on Monday named Michael Johnson chief financial officer.
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ThermalTherapeutic Systems Inc., Pittsburgh, said Monday that it has received FDA clearance to market its VERATHERM Portable Hyperthermic Perfusion System. The small, lightweight, portable device heats and circulates warm, sterile fluids used in a number of medical procedures.
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Phoenix Technologies Ltd. on Monday named Robert Andersen interim chief financial officer. (PTEC)
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Digital Chocolate Inc. said Monday it launched NanoTowns on social networking site Facebook Inc.
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RF Micro Devices expects to generate quarterly revenue of $240 million to $245 million in the current quarter, according to an update the company provided for financial analysts.
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Microchip Technology Inc. said Monday it increased its offer to buy Silicon Storage Technology Inc. from $3 per share to $3.05 per share. (MCHP) (SSTI)
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Applied Materials Inc. said Monday it plans to repurchase another $2 billion of its stock. (AMAT)
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Melanie Oudin, the surprising 2009 U.S. Open quarterfinalist from Marietta, Ga., has agreed to an endorsement deal with cellular phone service provider Virgin Mobile. (AAI)
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Medical device developer Neurometrix Inc. has secured a $7.5 million line of credit with Comerica Bank.
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TiVo Inc. on Monday reported a fourth quarter loss of $10.2 million, or 9 cents a share, widened from a loss in the same period last year of $3.5 million, or 4 cents a share. (TIVO) (DISH) (SATS)
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Harris Corp. has received a $10.7 million follow-on order from the U.S. Navy for 23 shipboard terminals to help sailors stay better connected to their families and handle routine activities online. (HRS)
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The Capital Region is in the race for a better energy source.
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The green battery and fuel-cell market has a money problem. There?s not enough to go around, even with a $2.4 billion boost from the federal stimulus package.
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RALEIGH ? When snowstorms hit the Triangle in January, emergency room doctors at WakeMed Health & Hospitals noticed a spike in sled-related injuries. So in the interest of safety, the hospital got out a precautionary notice, not by press release but via social media.
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DURHAM ? Mobile phone customers who turn to their devices for data-intensive services such as video and Internet access have watched their monthly bills creep higher and higher as new services usher in additional fees.
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Less revenue. Fewer employees. Decreasing numbers of phone lines. (Q)
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Liberty Media Corp. is on the verge of controlling the assets of a second satellite radio company ? this one with a global reach ? one year after rescuing Sirius XM, the U.S.?s sole satellite radio provider. (LCAPA) (DISH)
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It?s been 15 years since online search directory Citysearch was founded, but entrepreneurs haven?t given up on tweaking the concept to develop the newest and latest versions.
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California?s Google Inc. has created a new gold rush ? not for the mineral resources of the Golden State, but for a limited number of planned super-high-speed Internet connections that would be 200 times faster than the average connection in the United States.
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A King of Prussia unit of Lockheed Martin Corp. has selected a Plymouth Meeting company to help it market technology that could ease congestion on cell-phone networks and improve call quality.
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Tom Proulx remembers when he co-founded financial software giant Intuit in 1983. Times were tight: For nine months, staff worked with no paychecks. Now the company?s worth $10 billion.
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A few years ago, 4 percent of etransmedia?s IT staff worked network security. Today, it?s 20 percent, and the number of people devoted solely to security issues will grow 15 to 20 percent over the next few years.
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A Jacksonville mobile application publisher said it?s building the first officially licensed college sports applications for more than 80 universities to bring custom mobile sports applications to iPhone, BlackBerry and Android devices.
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GlobalFoundries battled through a tumultuous first year in which it acquired a competitor, partnered with computer-chip designers and began building a $4.2 billion chip plant in Saratoga County.
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A Shawnee company is teaming up with a West Coast software developer to provide online interpreters for Kansas City-area hospitals and courts.
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A local cyber security firm has landed a $225,000 grant from the Department of Homeland Security to help detect computer hackers.
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CommuniCare Health Centers plans to go live with an electronic health records system in June, but the network of safety-net clinics has questions about the massive undertaking and projected $1 million cost.
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A recent flurry of deals and disputes involving Seattle-area companies is drawing attention to the growing role of patents in brokering peace and establishing battle lines in the technology industry.
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It was almost surreal. Signing bonuses worth thousands of dollars, new-car giveaways for employee referrals, landlords taking stock options in lieu of office rent ? and venture capitalists throwing millions of dollars at nothing more than someone?s bright ideas.
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