Tag archive: Raleigh

Philips Electronics announced today plans to acquire Digital Lifestyle Outfitters (DLO), a popular maker of accessories for devices like the Apple iPod. Financial details of the deal were not disclosed and the deal is expected to close in the second quarter of this year. DLO, with operations in Charleston, South Carolina and Raleigh/Durham, North Carolina, will be folded into the Peripherals & Accessories business unit of Philips’… Read More

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Nextel Communications Inc.'s decision earlier this week to expand its wireless broadband network trial in the Raleigh, N.C., market may have proven well founded as network testing conducted by RBCCapital Markets indicated Flarion Technologies' Flash-OFDM based technology is providing data speeds nearly three times faster than CDMA2000 1x EV-DO networks and equal to wireline-based broadbandofferings. RBC noted its testing produced… Read More

Time Warner Cable is progressing its plans to offer Voice over Internet Protocol telephone service throughout the U.S. They announced today the creation of a business unit for its residential telephone service called “Digital Phone”. From Time Warner's press release: Time Warner Cable announced the creation of a new business unit today, Time Warner Cable Voice Services, which will be responsible for overseeing the… Read More

IBM documents obtained by The Wall Street Journal said about 4,700 programming jobs could be shifted overseas to save costs, a growing high-tech industry trend known as “offshoring.” More than 900 people are already scheduled to be told of the move in the first half of 2004, while another 3,700 jobs have been identified as having the “potential to move offshore,” the Journal said. IBM already has hired 500 engineers… Read More