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Raleigh Triangle Local and Business News

  • Q&A: Red Hat's Chief People Officer on hiring Millennials

    Triangle businesses will need to do more than revamp their interior design to attract the Millennial work force.

    According to DeLisa Alexander, executive vice president and chief people officer at Red Hat, they will also need to listen to their employees in a different way. And perhaps trying not to see them as Millennials could help avoid the pitfalls of stereotyping, she says.

    While Red Hat got the jump on the Millennial mentality due to dealing with online open source software communities, Alexander…

  • SBA honors two Durham drug companies

    Two Durham companies, both in the pharmaceutical space, received a Tibbetts award from the U.S. Small Business Administration.

    The award honors “outstanding small businesses and individuals who participate in the SBA’s Small Business Innovation Research (SBIR) and Small Business Techology Transfer (STTR) programs.”

    Winning the awards were Novan Therapeutics, which is developing products related to dermatology, and Parion Sciences, which is developing products to fight respiratory and ophthalmology…

  • AT&T trumps Google with first gigabit internet in Raleigh

    It’s official: Raleigh is getting fiber internet – with or without Google Fiber.

    The City has ratified an agreement with AT&T to bring in its ultra-fast “GigaPower” service – an extension of AT&T U-Verse. The service operates over a fiber network and has speeds that can reach 1 gigabit per second.

    Specifically, the agreement stems from a North Carolina Next Generation Network initiative. AT&T’s proposal is the only plan to come from the initiative thus far – though officials tell me they’re still…

  • Red Hat acquires French concern for $95M

    On the eve of its first quarter earnings call, Raleigh open source giant Red Hat (NYSE: RHT) discloses it’s acquiring French cloud firm eNovance.

    eNovance has 110 employees and specializes in OpenStack, particularly Ceph, now a Red Hat technology via the $175 million InkTank deal.

    Its customers include Alcatel Lucent and Cisco (Nasdaq: CSCO). The plan, according to a statement from Red Hat, is to integrate eNovance’s products with Red Hat technology.

    Red Hat and eNovance have partnered before,…

  • ​Yoga in the workplace may be a twisted ideal

    Mid-morning meditation and stretching sounds like the supreme stress-reliever — but all the recent hype about bringing yoga to the corporate environment overshadows the challenges of such a venture.

    Take, for example, N.C. Mobile Yoga Instructor Teresa Ferlotti, who teaches in the Triangle and found that garnering employee enthusiasm toward yoga has been somewhat of a downward-facing dog. In many office spaces there are space constraints such as conference rooms that limit the amount of people…