Taking The Pulse Of The Texas Technology Industry
|
Taking The Pulse Of The Texas Technology Industry |
|
 Monday, February 8, 2010 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. (More info...) posted on Monday, February 8, 2010(Full story) 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. posted on Monday, February 8, 2010(Full story) 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. (More info...) posted on Monday, February 8, 2010(Full story) 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. (More info...) posted on Monday, February 8, 2010(Full story) Friday, February 5, 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. (More info...) posted on Friday, February 5, 2010(Full story) 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. (More info...) posted on Friday, February 5, 2010(Full story) 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. (More info...) posted on Friday, February 5, 2010(Full story) 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. posted on Friday, February 5, 2010(Full story) Thursday, February 4, 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. posted on Thursday, February 4, 2010 (More)(Full story) 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. posted on Thursday, February 4, 2010(Full story) 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. posted on Thursday, February 4, 2010(Full story) 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. (More info...) posted on Thursday, February 4, 2010(Full story) Wednesday, February 3, 2010 MEDHOST Acquired By HealthTech Holdings Addison-based MEDHOST, a provider of patient tracking systems for emergency rooms, was acquired this week by HealthTech Holdings, Inc. Financial terms of the deal were not disclosed. According to HealthTech Holdings, the buy will help boost the firm's annual revenues to an excess of $100M in 2010. MEDHOST's emergency department software is used by medical staff to manage their patient care. (More info...) posted on Wednesday, February 3, 2010(Full story) SmarteSoft Sees Growth In 2009 Austin-based SmarteSoft, a developer of test automation software products, announced today that the firm had a record-breaking year, and grew more than 100 percent in 2009. The firm--which did not disclose financials behind the announcement--said the growth came despite the recessionary environment. posted on Wednesday, February 3, 2010(Full story) MumboJumbo: Win Over PopCap Now At $7.3M Dallas-based MumboJumbo, a publisher of casual games for the PC and console market, said Tuesday that the firm's legal win over PopCap games has been upped to $7.3M. The firm said the amount is an increase of $2.7M, covering attorneys' fees in the case. The additional funds are on top of the existing $4.6M the firm has been awarded so far in its breach of contract agreement. (More info...) posted on Wednesday, February 3, 2010(Full story) Dell Taps Firm For Cyber Security Effort Round Rock-based Dell said Tuesday that it has added a new, enhanced security service for its government customers, through a new alliance. Dell said it will provide its enhanced security service for desktop computing systems, and specifically its government customers, through an alliance with INTEGRITY Global Security, a provider of IT security products for the government, military, and commercial market. (More info...) posted on Wednesday, February 3, 2010(Full story) ProspX Trumpets Results Austin-based Prospx, a developer of software for the commercial insurance industry, is trumpeting its 2009 results. The privately held firm did not disclose financials, but said it had "record" results in 2009. The firm said it signed up over 100 new agency and carrier customers during 2009, representing $29 billion in premiums in its network. ProspX is backed by Adams Capital Management. posted on Wednesday, February 3, 2010(Full story) Bazaarvoice Lands Orvis Austin-based Bazaarvoice, a provider of ratings and review software for ecommerce web sites, said yesterday that outdoor equipment and clothing firm Orvis is adopting its software platform. Bazaarvoice did not disclose the financial impact of the deal, but said that The Orvis Company will use its Ratings & Reviews, Ask & Answer, and Stories product on its web site. Orvis sells fly fishing, outdoor clothing, hunting, travel accessories, and other products. posted on Wednesday, February 3, 2010(Full story) ACS Snags Ohio Contract Dallas-based ACS said today that it has won a contract renewal in Ohio, for the Ohio Department of Job and Family Services, worth $163M over nine years. The firm said it will process child support payments for the Ohio department, as well as provide other mission-critical functions. The firm said the contract is divided into a one year base, plus four two year options. posted on Wednesday, February 3, 2010(Full story) Tuesday, February 2, 2010 ReachForce Raises $1.7M Austin-based ReachForce has raised $1.7M in funding, according to a regulatory filing from the firm Tuesday. According to the filing, the $1.7M came as part of a $1.8M round. The firm had announced the funding last week, saying it raised a round of funding from Greenhill SAVP, but did not disclose the amount of the funding. ReachForce is a developer of sales management and lead generation software. posted on Tuesday, February 2, 2010 (More)(Full story) SailPoint: Customers Tripled In 2009 Austin-based SailPoint said today that it tripled its customer base in 2009, and had consecutive, record-breaking quarters. The privately held firm--which did not disclose financials--said the growth came due to pain its customers was feeling due to regulatory demands and security breaches. The firm said it now has 23 Global 500 companies on its customer list. SailPoint is venture backed by Austin Ventures, Lightspeed Venture Partners, Origin Partners and Silverton Partners. (More info...) posted on Tuesday, February 2, 2010(Full story) Black Sand Buys Patent Portfolio Austin-based Black Sand Technologies, a developer of power amplifiers for the wireless industry, announced today that it has acquired a patent portfolio from Silicon Laboratories. The firm said the patent portfolio is related to CMOS power amplifiers. The company explained that under the terms of the transaction, it has received both issued and pending patents from Silicon Laboratories, as well as U.S. and international patents. Financial terms of the deal were not disclosed. posted on Tuesday, February 2, 2010(Full story) Intralink-Spine Gets $750K SBIR Grant Georgetown, Texas-based Intralink-Spine, a medical device firm focused on treating degenerative disc disease and low back pain, said Monday that it has received a $750,000, Small Business Innovation Research (SBIR) Grant. The firm, which is backed by angel investors, said the award came from the National Institutes of Health, for pre-clinical studies of its technology. Intralink-Spine's technology focused on injectable tissue to reinforce the spinal disc. (More info...) posted on Tuesday, February 2, 2010(Full story) SoftLayer Deploys VMware ESX Dallas-based hosting firm SoftLayer said today that it has bgun offering VMware ESX support in its dedicated server offerings. The firm said it will support the popular server virtualization operating system, including support for VMware vSphere. The support will allow its customers the ability to run multiple operating system images on a single, dedicated server within the firm's data center. posted on Tuesday, February 2, 2010(Full story) Monday, February 1, 2010 Austin Dangles Incentives To Internet Firm The City of Austin is hoping to attract as many as 600 new jobs to Austin by luring Internet legal documents firm LegalZoom.com to the city. According to a request for comments from Austin, it has authorized its City Manager to provide $20,000 a year for ten years to LegalZoom.com to establish a regional headquarters in the city. LegalZoom.com is also receiving $1M from the Texas Enterprise Fund to encourage the move. (More info...) posted on Monday, February 1, 2010(Full story) |
|