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  • Wednesday, March 4, 2015

    Triune Systems Acquired By Semtech For $45M

    Plano-based Triune Systems, a developer of wireless charging and power management products, has been acquired by semiconductor maker Semtech. California-based Semtech said it paid approximately $45M for Triune, split between $35M in cash upfront plus $10M in six months, in addition to additional contingent consideration. Semtech said it will hire 35 employees from Triune, with the majority at its Plano site....Continue →

     
  • Wednesday, March 4, 2015

    OrgSync Acquired By iModules

    Dallas-based OrgSync, which develops community management software for the higher education market, has been acquired by iModules Software, a developer of software for managing alumni at educational institutions. Financial terms of the buy were not disclosed. iModules is based in Kansas. The two said the combined solution will offer up a broader range of solutions for higher education insitutions. OrgSync is led by founder and CEO Eric Fortenberry, who will continue to lead OrgSync's team....Continue →

     
  • Wednesday, March 4, 2015

    Tradentrix Opens Data Center In Carrollton

    Houston-based cloud data service provider Tradentrix said Tuesday that it has opened up a new, cloud services data center, in Carollton, Texas. According to Tradentrix, its new data center is located in the CyrusOne data center in Carollton, and will offer up cloud-based disaster recovery services to its clients. The center offers up both primary and disaster recovery sites for Tradentrix' customers. Tradentrix focuses on the mid market, with a focus on cloud-based disaster recovery consulting....Continue →

     
  • Wednesday, March 4, 2015

    RentEval Acquired By Rapoport Investments

    Dallas-based RentEval, a developer of smartphone software used for property evaluations, has been acquired by Rapoport Investment, the investment firm of angel investor Neal Rapoport, the two said today. Financial terms of the buy were not disclosed, although the companies said it was a "six figure" deal. RentEval--which was backed by Code Authority and Tech Wildcatters--develops mobile property evaluation applications used by property management groups....Continue →

     
  • Wednesday, March 4, 2015

    GENBAND Wins Deal In Czech Republic

    Frisco-based GENBAND reported late last night that it has scored a win in the Czech Republic, with T-Mobile Czech Republic. Financial details of the sale were not announced. GENBAND said T-Mobile is using its QUANTiX Session Border Controller (SBC) for a SIP trunking application at its two Czech data centers.Continue →

     
  • Tuesday, March 3, 2015

    Comfy Launches New App To Help Split Bills

    Austin-based Comfy, the startup which runs a student rental marketplace, said this morning that it has rolled out a new mobile app to help those same students split bills and expenses. Comfy said its new Unbill mobile app runs on Android and iOs, and helps roommates process and evenly split bills. Comfy says its app works with credit and debit cards, and helps roommates split their bills and automatically pay providers....Continue →

     
  • Tuesday, March 3, 2015

    GetixHealth Gets Investment Funding

    Houston-based GetixHealth, a provider of business process outsourcing (BPO) to healthcare providers, has received an investment as part of a recapitalizatin by private equity company Trivest Partners. Financial details of the recap and investment were not announced. GetixHealth helps healthcare providers with outsource collection and management of payments from patients and insurance companies.Continue →

     
  • Tuesday, March 3, 2015

    Freescale Backs Software Defined Networking Standard

    Austin-based semiconductor maker Freescale said this morning that it is backing the OpenDataPlane (ODP) standard, which focuses on a programming model for software-defined networks (SDN). Freescale said its QorIQ platforms will support the standard, which makes it easier for developers to access such functions as IPSEC and traffic management. Freescale said its QorIQ processors handle all of those functions....Continue →

     
  • Monday, March 2, 2015

    Silicon Labs Wins Patent Ruling At ITC

    Austin-based Silicon Labs reported this morning that it has scored a patent ruling win at the U.S. international Trade Commission (ITC), after an Administrative Law Judge rules that all of the patent asserted against the company's products are either invalid or not infringed. Silicon Labs had been sued by Cresta Technology in February of 2014, over alleged patent infringement related to television tuners.Continue →

     
  • Monday, March 2, 2015

    Krystallize Technologies Finds $1.2M For Cloud Monitoring

    Austin-based Krystallize Technologies said this morning that it has raised $1.2M in a seed funding round, and launched its real time, cloud performance monitoring product. Krystallize said the funding came from a number of un-named angel investors. The company's flagship product is CloudQoS, which it launched today, is a cloud-based performance management and monitoring system aimed at enterprises, hosting providers, cloud service providers and system integrators....Continue →

     
  • Monday, March 2, 2015

    Mavenir Acquired By Mitel In $560M Deal

    Richardson, Texas-based Mavenir Systems, the developer of products for the unified communications market, is being acquired by Mitel, Mitel said today. Mitel said it will pay $560M in cash and stock for Mavenir. The deal is worth $17.94 per share of Mavenir. Mitel said it will pay $11.08 plus 0.675 of a Mitel common share for each share of Mavenir common stock. Mitel said the buy would significant expand its addressable market.Continue →

     
  • Friday, February 27, 2015

    UTSA Gets $9M For Cloud Computing Institute

    The University of Texas at San Antonio (UTSA) has received $9M in an investment to create a new, Open Cloud Institute, focused on creating degree programs around cloud computing and big data, the school said Thursday afternoon. According to UTSA, the effort is being funded by a total of $9M in initial gifts and in-kind investments, with donations from Rackspace, AMD, Intel, Mellanox Technologies, Seagate, and the Open Compute Project and the OpenStack Foundation. $4....Continue →

     
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