TOP NEWS
Revere Security Taps Cryptography Expert As Exec Dallas-based Revere Security, a developer of cryptographic data security software, said late last week that it has named cryptography expert Whitfield Diffie as the firm's Chief Cryptographer. Diffie is the co-inventor of the widely used Diffie-Hellman protocol, which is used for public key cryptography. Diffie was most recently Chief Security Officer at Sun Microsystems, and also has served at Northern Telecom and Stanford....READ MORE >> posted on Monday, February 8, 2010
ACS Acquisition By Xerox Completes The acquisition of Dallas-based Affiliated Computer Services has completed, according to acquiring firm Xerox. Xerox--which originally announced the acquisition of ACS in September--said that ACS will initially be renamed as ACS, A Xerox Company, and will continue to be headed by Lynn Blodgett, current President and CEo of ACS. The deal is worth approximately $6.4 billion. Xerox said the move will make it a $22 billion company.READ MORE >> posted on Monday, February 8, 2010
The Planet Targets $7M In Network Investments Houston-based IT hosting provider The Planet said today that it plans to spend more than $7M to enhance its network in Houston and Dallas. According to The Planet, the investment in network capacity upgrades, infrastructure, new routers, and switches, will be in its core Houston and Dallas data centers....READ MORE >> posted on Monday, February 8, 2010
Convio: More Than $250M For Haiti Relief Austin-based Convio, a developer of software used by nonprofits to manage their fundraising and other efforts, announced today that the firm's customers have so far raised more than $250M for efforts to aid victims of the Haiti earthquake. The firm said that compares to $575.4M in total estimated by the Center on Philanthropy at Indiana University to have been raised so far for Haiti relief efforts....READ MORE >> posted on Monday, February 8, 2010
Match.com In Latin American Joint Venture Dallas-based online dating site Match.com, which is owned by IAC, said Thursday that it is in a joint venture extending it into Latin America. Match.com said it is in a joint venture with Meetic, to reach singles in Latin America. As part of the joint venture, Match.com said it will invest $3M in cash in Meetic, with a possible future $1.5M invested in Meetic four years into the relationship. The two said it believes the move will help the firms strengthen their presence in Latin America....READ MORE >> posted on Friday, February 5, 2010
NASA Courts Twitterverse NASA is looking to attract attention to the upcoming launch of Endeavor to the International Space Station, saying it is specifically looking to give Twitter users the ability to Twitter with the astronauts and crew on the mission....READ MORE >> posted on Friday, February 5, 2010
Wonder Bread Launches iPhone App Irving, Texas-based Hostess Brands, the bakery behind Wonder Bread and Twinkies, has jumped into the social media world, saying today that it has launched its own, free iPhone application, which also connects to social networking sites Facebook and Twitter....READ MORE >> posted on Friday, February 5, 2010
GetThere Racks Up $9 Billion In Travel Bookings Southlake-based GetThere, the business travel booking business owned by Sabre, said Thursday that the company booked more than $9 billion in business travel in 2009. The firm operates a service which allows corporate travel managers, and business travelers to book hotels, airfare, and other travel arrangements. READ MORE >> posted on Friday, February 5, 2010
Layered Technologies Raises $20M Plano-based Layered Technologies, a provider of dedicated hosting and cloud computing services, said this morning that it has raised $20M in an equity round. The round was led by private equity firm Accel-KKR, and also included prior investors Enhanced Equity Fund and Pangloss International. Layered said the funding will go towards funding growth and expansion of its services. Layered also specifically said it would fund an "aggressive" strategic acquisition program.READ MORE >> posted on Thursday, February 4, 2010 (More)
Troux Signs Cosmetics Firm Austin-based Troux said today that it has signed on Beiersdorf, a major skin and beauty care manufacturer, as a client. According to Troux, Beiersdorf is using its software to help in its IT and enterprise planning. Beiersdorf is behind brands NIVEA, Eucerin, and La Prairie. Financial details of the win were not disclosed. Beiersdorf AG is based in Hamburg, Germany.READ MORE >> posted on Thursday, February 4, 2010
ACS Wins CHP Dallas-based Affiliated Computer Systems reported today that its latest customer is the California Highway Patrol. The firm said it won a contract, potentially worth as much as $53M over nine years, to implement a computer-aided dispatch solution. READ MORE >> posted on Thursday, February 4, 2010
Interphase Links With Mindspeed On LTE Product Plano-based Interphase, a developer of networking cards and related products, is working with semiconductor supplier Mindspeed on an a new wireless base station product. According to the firms, Interphase is using Mindspeed's baseband processors on its iSPAN 36701 Wireless base Station Advanced Mezzanine Card. The firms said that the card provides LTE capability in conjunction with software from Aricent....READ MORE >> posted on Thursday, February 4, 2010
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