5. About Research Triangle Park

    Research Triangle Park (RTP) is the largest research park in the United States.[http://www.rtp.org/main/] It is located near Durham, Raleigh, and Chapel Hill, in the Research Triangle region of North Carolina. A small part of the Park stretches into Wake County, but the majority of the land is in Durham County.

    It is one of the most prominent high-tech research and development centers in the United States and is often compared to Silicon Valley. It was created in 1959 by state and local governments, nearby universities, and local business interests. Karl Robbins bought the land where the park is now built. The Research Triangle along with the Cummings Research Park located in Huntsville, Alabama, and the [http://www.vabiotech.com/ Virginia BioTechnology Research Park] in Richmond, three of the largest research parks in the country, have made the "New South" home to three global centers of scientific leadership.

    The park is 7,000 acres (28 km²) situated in a pine forest with approximately 630 acres (2.5 km²) for development. As of 2007, there are over 130 R&D; facilities existing in RTP with more than 39,000 employees working for a total of 157 organizations. The park is adjacent to Interstate 40 and the Durham Freeway. It is managed by the Research Triangle Foundation, a private non-profit organization.

    The park is home to one of the largest IBM operations in the world; the company has around 11,000 employees in RTP. The park hosts one of GlaxoSmithKline's largest R&D; centres with approximately 5,000 employees.

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    1. Mentioned In 20 Articles

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      Explore businesswire.com (May 15 2012) Press

      ...le communications that require greater bandwidth and smarter networks. Overture is headquartered in Research Triangle Park, NC, with a technology center in Richardson, TX. For more information, visit http://www.overturenet... (Read Full Article)

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    4. Overture Extends Executive Team into Caribbean and Latin America with the Appointment of Mario Velez as Vice President of Sales, CALA

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      RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Overture strengthens International presence with the appointment of Mario V... (Read Full Article)

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    5. Overture Strengthens Canadian Presence with the Appointment of Fraser Moffatt as Regional Vice President of Sales, Canada

      Explore businesswire.com (Mar 20 2012) Press

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      Explore businesswire.com (Feb 23 2012) Press

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      Explore businesswire.com (Oct 3 2011) Press

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    10. Overture Networks Raises the Bar: Innovations Help Carriers Deliver Symmetric 200 Mbps Ethernet over Copper

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    13. Overture Networks and Hatteras Networks Announce Merger at Comptel in Las Vegas

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    15. Overture and Hatteras complete merger

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