July 30th, 2010
 By: Heather Dean, partner Hughes Pittman & Gupton, LLP On Thursday July 22, North Carolina Governor Beverly Perdue signed into law House Bill 1973 extending tax incentives and credits to stimulate economic growth. An important provision is a tax credit for developing interactive digital media, effective for tax years beginning on or after January 1, ...
July 29th, 2010
 By Joe Procopio I’m not saying the Droid X is a clown phone. However, there are three major breakthroughs that the Droid X either introduces or galvanizes. Design is a funny thing. It goes in cycles, like seasons — if seasons were fickle and controlled by the wants and needs of 13-year-old girls in southwestern ...
July 30th, 2010
 FORT LAUDERDALE, FL – Thomas H. Lee Partners has agreed to merge with Intermedix Corp., which sells revenue cycle management software to the emergency health care industry, from Pathenon Capital Partners and minority shareholders. The transaction, which has received early clearance under the Hart-Scott-Rodino Act, is expected to close next month. Financial terms of the ...
July 30th, 2010
 WINSTON-SALEM, MC — The U.S. health care system is broken with spiraling costs, according to Steve Feldman, founder of the physician rating Web site DrScore.com and a practicing physician. Whenever debates about health care costs surface, it includes claims that rising costs are caused by predatory, money-hungry drug companies over charging, lack of competition for ...
July 30th, 2010
 SEATTLE – On the heels of disclosing that Amazon now sells more electronic books for its Kindle e-reader than it does hardcovers, the online retailer has released a new, lower-priced Wi-Fi model of the Kindle. The new model, 23 percent smaller than the earlier versions of Kindle and sporting an improved e-ink display, will not ...
July 30th, 2010
 ATLANTA – Axion BioSystems Inc., a company developing cellular analysis technology, has raised $$2.1 million, the bulk of a $$2.5 million mixed securities offering, according to a regulatory filing. Axion Biosystems specializes in neural interfacing technologies with wide applications in research, clinical, and drug discovery markets. A graduate of Georgia Tech’s Venture Lab, the company ...
July 30th, 2010
 ATLANTA – Green Investments I, a Montgomery, Alabama environmental services company, managed by Atlanta-based GreenFirst LLC, has raised a $23.1 million round of equity, according to a regulatory filing. GreenFirst is an environmental permitting and real estate investment firm. It is retooling its web site, which is limited to the opening page. Principals listed in ...
July 29th, 2010
 ARLINGTON, VA – Exit markets have improved gradually but steadily in 2010, which is in evidence from the number of M&A deals we’ve seen and even a handful of IPOs slipping through open windows in a volatile market, boosting short-term venture capital performance in the first quarter 2010. But ten-year returns continue to decline. So ...
July 29th, 2010
 cRESTON, VA – Not much is surprising in comScore’s Media Matrix figures for online activity in June. Travel sites saw a surge in activity in June as travelers browsed hot summer deals and booked vacation getaways. Americans also turned to online gaming and teen sites to occupy themselves with online leisure pursuits as the school ...
July 29th, 2010
 ATLANTA – SolidFire, an Atlanta-based firm selling solid state storage for cloud providers, has raised $1 million from Valhalla Partners of Vienna, VA, and Novak Biddle Venture Partners of Bethesda, MD. The company says its technology is a next-generation storage platform for cloud computing providers and other enterprises that need scalable, reliable storage for thousands ...
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