1c_News_9.28
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Raleigh, North Carolina Red Hat is still in negotiations with Progress Energy as they plan to move from Centennial Campus. John Wall News Editor Red Hat’s plan to move to the Prog- ress Energy building in downtown Ra- leigh is not 100 percent certain. Red Hat, currently located on Cen- tennial Campus, is in the process of negotiating with Progress Energy. For the moment, Progress Energy employ- ees occupy the building. “We have got a non-binding letter of intent. We are continuing to negoti- ate with Red Hat, but we don’t have a signed contract yet,” Mike Hughes, a spokesman for Progress Energy, said. There is no time limit on the letter of intent, according to Hughes. Red Hat can take all the time they want to negotiate the deal. “We are very optimistic that we will be able to reach an agreement,” Hughes said. “We know it is very im- portant to downtown Raleigh to have those jobs and have that office space filled, so we are doing everything we can to make that happen.” The building has 120,000 square feet of office space, Hughes said. Red Hat employs 3,700 people, and is listed on the New York Stock Ex- change. As of the market close Tues- day, the company has a market capi- talization of $9 billion, according to Forbes. Progress Energy does not own the building — they are involved in a long-term lease. With the announce- ment of a possible merger with Duke Energy, the company is scouting suit- ors to sublease the entire building. “There will be a number of jobs eliminated as part of the merger with Duke Energy in the next couple of years. We anticipate that building to be available, and we will consolidate all of our remaining employees in a single building or in some other facili- ties that we will be able to lease on a shorter timeframe,” Hughes said. Red Hat has been a staple on campus since 2002. They provide their Linux- based computer system to the campus, according to the University website. Red Hat was contacted by phone and email for comment, but did not respond. Hunter Ross, a freshman in biologi- cal sciences, said he anticipates the move will detract from the Univer- sity’s ability to recruit students. “Red Hat adds an element of busi- ness and employment to the Universi- ty. People won’t be able to find as much opportunity here, so fewer people will want to come here,” Ross said. Resources that the University will lose will also make N.C. State less ap- pealing, according to Ross. “There won’t be as many resources available, and even if there were, peo- ple would have no motivation to use them,” Ross said. Patel Kumar, a freshman in chemi- cal engineering, did not comment on whether the move would be positive for the University, but did say a move to downtown would be a positive move for Red Hat. “[The move] would publicize the company even more,” Kumar said. “A larger number of other companies would be aware of them if they were to move downtown because it’s a more popular area.” Kumar also pointed out that al- though the company may soon move off campus, the fact that they were on campus in the first place shows past, present and future students there are opportunities available in Raleigh and at the University. “It will show that N.C. State students have potential. It will also show that we have somewhere to go from here – in a positive direction,” Kumar said. Entrepreneur and land developer Val Valentine, who is taking the lead on the Hillsborough Street project be- hind Timeout, Katmandu and Pan- tana Bob’s, commented over the sum- mer that Red Hat CEO Jim Whitehurst is one of the top five smartest people in the world. Whitehurst will make the best busi- ness decision, according to Valentine. TECHNICIAN mb 8 technicianonline.com NOW OPEN LATER! Mon - Thurs 8am to 8pm Friday 8am to 6pm Saturday 10am to 4pm NEW ARRIVALS We are STATE! TODAY 10AM - 7PM LOCATED IN HARRELSON HALL ON THE BRICKYARD Red Hat’s future location uncertain LEE DANIELLO/TECHNICIAN ARCHIVE PHOTO Red Hat, a Linux software company, stands on the northeast corner of the Main Campus Drive and Varsity Drive intersection on Centenniel Campus Aug. 30, 2010. The company announced they were moving off of Centennial Campus in Aug. 2011. insidetechnician viewpoint 4 features 5 classifieds 7 sports 8 Ramsey speaks about business strategies and mistakes to an excited audience. Andrew Branch Staff Writer Pumping his fists and shouting with enthusiasm, nationally syndicated talk show host and best-selling author Dave Ramsey took the stage Tuesday at a crowded Meymandi Concert Hall in downtown Raleigh to promote the principles in his week-old book En- treLeadership. As Ramsey shared his experiences and strategies of running and building his business from his living room to a national brand, local business lead- ers and students said they found the principles practical for business and for personal life. “Businesses need more than lead- ers,” Ramsey said in an email ex- change with the Technician before the show. “They need the personal power of an entrepreneur combined with the passion to be a quali- ty leader. EntreLead- ership is the process of leading to cause a venture to grow and prosper.” The principles of being an “entre- leader” begin with practical lessons of Ramsey’s Christian faith. “My faith plays a role in every part of my life. There are many biblical principles that apply to business,” Ramsey said in an email. “Because I am Christian, I know that my company is run by someone much larger than me.” Among those principles is the Gold- en Rule from Luke 6:31, “Do to others as you would have them do to you.” “This is our HR manual,” Ramsey told the audience Tuesday. “Treat people as you would want to be treated. People matter.” Ultimately, Ramsey said, most problems go back to a weakness or a de- cision made by the leader. “When I realized the problems in my organization were my fault, it was a breakthrough,” Ramsey said. Ramsey said he has learned to rec- ognize 90 percent of his ideas are bad. “I have an idea every morning in- Dave Ramsey visits Raleigh JORDAN MOORE/TECHNICIAN Alun Lloyd, director of the biomathematics graduate program, works on his research for dengue fever in his office, Sept. 22. The Wolfpack goes rolling along Tracing its roots back to 1908, N.C. State’s fight song possesses a relatively unrecognized history. See page 8. Lizards’ genes reveal cancer clues Anolis carolinensis and other lizard spe- cies help researcher make connections with human genes. See page 6. BEN TRAN/TECHNICIAN Dave Ramsey, famous radio personality, speaks with fans at his book signing held on Tuesday in Raleigh. Ramsey spoke in Raleigh about business strategies and mistakes he has made as a business man in the past. RAMSEY continued page 3 “Treat people as you would want to be treated. People matter.” Dave Ramsey, radio personality Adios to the deadly dengue fever Researchers tag team to attack dengue fever on the microbiological and the epidemiological level. Ameya Kulkarni Correspondent Dengue fever has been prevalent in the world since the 4th century A.D., but researchers of the Eliminate Den- gue Program are looking to get rid of the historical killer in the near future. The first cases of dengue fever were observed in China, but the fever simultaneously appeared in Asia, Africa and North America. This virus claims the life of around 100 million people annually, according to the World Health Organization. But soon, this will no longer be the case. Mathematical biologist Alun Lloyd, along with other scientists from the U.S. and Australia, was involved in the Eliminate Dengue Program. FEVER continued page 5
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Red Hat, a Linux software company, stands on the northeast corner of the Main Campus Drive and Varsity Drive intersection on Centenniel Campus Aug. 30, 2010. The company announced they were moving off of Centennial Campus in Aug. 2011. Andrew Branch Ameya Kulkarni Researchers tag team to attack dengue fever on the microbiological and the epidemiological level. ramsey continuedpage3 John Wall Fever continuedpage5 Dave Ramsey, radio personality technicianonline.com NEW ARRIVALS Correspondent
Transcript of 1c_News_9.28
Raleigh, North Carolina
Red Hat is still in negotiations with Progress Energy as they plan to move from Centennial Campus.
John WallNews Editor
Red Hat’s plan to move to the Prog-ress Energy building in downtown Ra-leigh is not 100 percent certain.
Red Hat, currently located on Cen-tennial Campus, is in the process of negotiating with Progress Energy. For the moment, Progress Energy employ-ees occupy the building.
“We have got a non-binding letter of intent. We are continuing to negoti-ate with Red Hat, but we don’t have a signed contract yet,” Mike Hughes, a spokesman for Progress Energy, said.
There is no time limit on the letter of intent, according to Hughes. Red Hat can take all the time they want to negotiate the deal.
“We are very optimistic that we will be able to reach an agreement,” Hughes said. “We know it is very im-portant to downtown Raleigh to have those jobs and have that office space filled, so we are doing everything we can to make that happen.”
The building has 120,000 square feet of office space, Hughes said.
Red Hat employs 3,700 people, and is listed on the New York Stock Ex-change. As of the market close Tues-day, the company has a market capi-talization of $9 billion, according to Forbes.
Progress Energy does not own the building — they are involved in a
long-term lease. With the announce-ment of a possible merger with Duke Energy, the company is scouting suit-ors to sublease the entire building.
“There will be a number of jobs eliminated as part of the merger with Duke Energy in the next couple of years. We anticipate that building to be available, and we will consolidate
all of our remaining employees in a single building or in some other facili-ties that we will be able to lease on a shorter timeframe,” Hughes said.
Red Hat has been a staple on campus since 2002. They provide their Linux-based computer system to the campus, according to the University website.
Red Hat was contacted by phone
and email for comment, but did not respond.
Hunter Ross, a freshman in biologi-cal sciences, said he anticipates the move will detract from the Univer-sity’s ability to recruit students.
“Red Hat adds an element of busi-ness and employment to the Universi-ty. People won’t be able to find as much
opportunity here, so fewer people will want to come here,” Ross said.
Resources that the University will lose will also make N.C. State less ap-pealing, according to Ross.
“There won’t be as many resources available, and even if there were, peo-ple would have no motivation to use them,” Ross said.
Patel Kumar, a freshman in chemi-cal engineering, did not comment on whether the move would be positive for the University, but did say a move to downtown would be a positive move for Red Hat.
“[The move] would publicize the company even more,” Kumar said. “A larger number of other companies would be aware of them if they were to move downtown because it’s a more popular area.”
Kumar also pointed out that al-though the company may soon move off campus, the fact that they were on campus in the first place shows past, present and future students there are opportunities available in Raleigh and at the University.
“It will show that N.C. State students have potential. It will also show that we have somewhere to go from here – in a positive direction,” Kumar said.
Entrepreneur and land developer Val Valentine, who is taking the lead on the Hillsborough Street project be-hind Timeout, Katmandu and Pan-tana Bob’s, commented over the sum-mer that Red Hat CEO Jim Whitehurst is one of the top five smartest people in the world.
Whitehurst will make the best busi-ness decision, according to Valentine.
Technicianmb
8
technicianonline.com
NOW OPEN LATER!Mon - Thurs 8am to 8pm
Friday 8am to 6pmSaturday 10am to 4pm
NEW ARRIVALS
We are STATE!TODAY
10AM - 7PM LOCATED IN HARRELSON HALL ON THE BRICKYARD
Red Hat’s future location uncertain
lee daniello/Technician archive phoToRed Hat, a Linux software company, stands on the northeast corner of the Main Campus Drive and Varsity Drive intersection on Centenniel Campus Aug. 30, 2010. The company announced they were moving off of Centennial Campus in Aug. 2011.
insidetechnician viewpoint 4features 5classifieds 7sports 8
Ramsey speaks about business strategies and mistakes to an excited audience.
Andrew BranchStaff Writer
Pumping his fists and shouting with enthusiasm, nationally syndicated talk show host and best-selling author Dave Ramsey took the stage Tuesday at a crowded Meymandi Concert Hall in downtown Raleigh to promote the principles in his week-old book En-treLeadership.
As Ramsey shared his experiences and strategies of running and building his business from his living room to a national brand, local business lead-ers and students said they found the principles practical for business and for personal life.
“Businesses need more than lead-
ers,” Ramsey said in an email ex-change with the Technician before the show. “They need the personal power of an entrepreneur combined with the passion to be a quali-ty leader. EntreLead-ership is the process of leading to cause a venture to grow and prosper.”
The pr inc iples of being an “entre-leader” begin with practical lessons of Ramsey’s Christian faith.
“My faith plays a role in every part of my life. There are many biblical principles that apply to business,” Ramsey said in an email. “Because I am Christian, I know that my company is run by someone much larger than me.”
Among those principles is the Gold-
en Rule from Luke 6:31, “Do to others as you would have them do to you.”
“This is our HR manual,” Ramsey told the audience Tuesday. “Treat
people as you would want to be treated. People matter.”
Ultimately, Ramsey said, most problems go back to a weakness or a de-cision made by the leader.
“When I realized the problems in my organization were my fault, it was a
breakthrough,” Ramsey said.Ramsey said he has learned to rec-
ognize 90 percent of his ideas are bad.“I have an idea every morning in-
Dave Ramsey visits Raleigh
Jordan Moore/TechnicianAlun Lloyd, director of the biomathematics graduate program, works on his research for dengue fever in his office, Sept. 22.
The Wolfpack goes rolling alongTracingitsrootsbackto1908,N.C.State’sfightsongpossessesarelativelyunrecognizedhistory.Seepage8.
Lizards’ genes reveal cancer cluesAnoliscarolinensisandotherlizardspe-cieshelpresearchermakeconnectionswithhumangenes.Seepage6.
ben Tran/TechnicianDave Ramsey, famous radio personality, speaks with fans at his book signing held on Tuesday in Raleigh. Ramsey spoke in Raleigh about business strategies and mistakes he has made as a business man in the past.
ramsey continuedpage3
“Treat people as
you would want
to be treated.
People matter.”Dave Ramsey,
radio personality
Adios to the deadly dengue feverResearchers tag team to attack dengue fever on the microbiological and the epidemiological level.
Ameya KulkarniCorrespondent
Dengue fever has been prevalent in the world since the 4th century A.D., but researchers of the Eliminate Den-gue Program are looking to get rid of the historical killer in the near future.
The first cases of dengue fever were
observed in China, but the fever simultaneously appeared in Asia, Africa and North America. This virus claims the life of around 100 million people annually, according to the World Health Organization. But soon, this will no longer be the case. Mathematical biologist Alun Lloyd, along with other scientists from the U.S. and Australia, was involved in the Eliminate Dengue Program.
Fever continuedpage5
