Morrisville.

Position:Triangle - Oracle crop will buy Tekelec inc - Brief article
 
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MORRISVILLE--Redwood Shores, Calif.-based Oracle will buy Tekelec for an undisclosed amount. The telecommunications company, which provides data management and network-signaling devices, was taken private last year by New York-based private-equity firm Siris Capital Group in a $780 million deal.

[ILLUSTRATION OMITTED]

WORKING CAPITAL | TRIANGLE

Employed: 965,180

YTD change: (4,721)

Index: 118.0

Source: Division of Employment Security, February. Figures are not seasonally...

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