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Raleigh Triangle Local and Business News

  • Mandalay Digital: $100M deal for Durham's Appia still on track

    Mandalay Digital (Nasdaq: MNDL) has announced that, in addition to Appia CEO Jud Bowman, Appia’s Craig Forman will snag a board seat following a much-talked about $100 million acquisition.

    Forman was brought on as executive chairman of Appia in 2011. Previously, he served as an executive at Yahoo, Earthlink, Infoseek, Dow Jones and Time Warner.

    Mandalay Digital’s acquisition of Durham-based app marketer Appia is still set to close in the first quarter, according to securities filings filed Tuesday.…

  • Duke Health names new leader of medical school and health system

    Duke University tapped Dr. A. Eugene Washington as chancellor for health affairs and the president and chief executive officer of the Duke University Health System. He replaces Dr. Victor Dzau, who held the role for nearly a decade and left last summer to become the next president of the Institute of Medicine.

    “Gene Washington has a track record of outstanding leadership in every aspect of the work of an academic medical center – research, education and patient care,” said Duke President Richard…

  • Raleigh's NeoNova signs deals to expand customer base in Alaska, Michigan

    Raleigh-based NeoNova, which provides cloud-based services for regional telcos, just inked a deal with Bristol Bay Telephone Cooperative and Midwest Energy Cooperative.

    Specifically, NeoNova will provide email and subscriber management services.

    Bristol Bay Telephone Cooperative is located in King Salmon, Alaska, and supports multiple communities, as well as about 6,000 migrant fishermen each summer. Midwest Energy is located in Cassopolis, Michigan, and provides electric service to 35,000 customers…

  • Highwoods Properties launches mobile app

    Highwoods Properties (NYSE: HIW) has just gone mobile, teaming up with MobileSmith to release an app that helps manage its property portfolio.

    The partnership is for a platform that will allow Highwoods to design, build, launch and manage apps – no programmers required. The app is available for Apple and Android devices.

    The first app created through the partnership is a native app for its Alliance Center properties that will allow tenants to navigate the buildings easily, as well as to reserve…

  • N.C. boarding school ranked as one of 'most elite' in U.S.

    If you want your kid to go to one of the country’s most prestigious boarding schools, you don’t necessarily have to look outside North Carolina.

    The Asheville School is No. 39 on a new Business Insider list called “The 50 Most Elite Boarding Schools in the U.S.”

    The ranking is based on acceptance rates, endowments and average SAT scores – 40 percent, $47 million and 1905, in the Asheville School’s case. Data for the list comes from BoardingSchoolReview.com, Niche and the schools’ websites.

    The…