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Eltek Valere reported Tuesday that it has promoted Morten Schoyen as chief marketing officer. The Richardson, Texas-based firm said Schoyen has been with the company since 2000 and previously served as vice president for industrial power. In his new role, Eltek Valere said, Schoyen will report to Knut Aven, the company's chief executive....READ MORE >>
posted on Tuesday, January 6, 2009

SolarWinds Buys Assets Of New Zealand Firm

Austin-based SolarWinds, which develops network management software, said Monday that it has acquired the technology products of New Zealand's Kiwi Enterprises. Kiwi is a developer of tools used by network engineers to manage syslog messages from network devices. Financial terms of the asset purchase deal were not disclosed. Solarwinds said that along with the products, the firm will bring on the Kiwi development team as employees....READ MORE >>
posted on Tuesday, January 6, 2009

RipCode Scores $12.5M

Dallas-based RipCode, which develops video transcoding hardware and products, announced today that it has raised more than $12.5M in a new funding round for the firm. According to RipCode, the new funding was led by Granite Ventures, in a deal which also included prior investors Hunt Ventures, El Dorado Ventures, Vesbrige Partners, and ATA VEntures. Granite Ventures' Eric Zimits joins the firm's board as part of the funding....READ MORE >>
posted on Tuesday, January 6, 2009

Silicon Labs Promotes Long-Time Exec
Integrated circuit manufacturer Silicon Laboratories Inc. reported Monday that it has promoted Mark Thompson to vice president and general manager of its microcontroller products division. Thompson, the Austin-based company said, replaces Coker, who retired before the New Year. Silicon Labs said Thompson joined the company in 2000 and served as director of marketing for its wireline products and broadcast products before being promoted to general manager of broadcast audio products in 2007....READ MORE >>
posted on Tuesday, January 6, 2009

Advanced Hydro Raises Seed Funding
Austin-based Advanced Hydro, a new startup focused on the water filtration market, said Monday afternoon that it has raised $0.5M in a seed investment round from clean technology investors Quercus Trust and 21 Ventures. According to the firm, it has licensed technology from the University of Texas which helps with alleviating fouling in membrane-based water filtration systems....READ MORE >>
posted on Monday, January 5, 2009 (More)

JourneyEd Acquires Academic Superstore
Dallas-based Journey Education Marketing Inc., a multi-channel marketer of education software, announced Monday that it has acquired Academic Superstore LLP, an Austin-based online retailer of learning-focused applications. Financial terms of the deal were not disclosed. According to JEM, Academic Superstore and its family of online stores will join JourneyEd.com's 15,000-member Academic eStore Network of online stores....READ MORE >>
posted on Monday, January 5, 2009

Ensysce Hires Kirkpatrick as President, CEO
Cancer treatment research firm Ensysce Biosciences Inc. reported Monday that Dr. D. Lynn Kirkpatrick has come aboard as president and chief executive officer. Houston-based Ensysce, which is studying the use of fullerene carbon nanotubes for therapeutic cancer applications, said Kirkpatrick has previously brought three agents to market. As the co-founder of Pro1X Pharmaceuticals, Kirkpatrick served as CEO from 1999 until its acquisition by Biomira Inc. in 2006....READ MORE >>
posted on Monday, January 5, 2009

Tyler Technologies Signs Texas County
Dallas-based Tyler Technologies, a provider of IT services and products to local governments, said today that it has won a $3.7M contract with Cameron County, Texas. The firm said it will implement its Courts & Justice software solution with the county. The software will be used the web-based product for managing the county's courts system, including case and jail management.READ MORE >>
posted on Monday, January 5, 2009

Freescale Eyes Netbook Market

Austin-based Freescale Semiconductor said this morning that it has begun to target net books--small, inexpensive laptop devices--with new processors specifically focused on the market. According to Freescale, it has created a setup of software, components, and other resources based on its i.MX515 processor specifically geared towards OEMs building sub-$200 net book devices....READ MORE >>
posted on Monday, January 5, 2009

Dell Shuffles Execs In Major Reorg
Round Rock-based Dell said Wednesday that it has made a major restructuring of the firm, which will result in the departure of its Global Operations president, Mike Cannon, and its Chief Marketing Officer, Mark Jarvis. According to Dell, the move came as part of an organization around three major customer segments, covering the large enterprise, public sector, and small and medium businesses....READ MORE >>
posted on Wednesday, December 31, 2008

Online Holiday Sales Down 3 Percent; Dell Visitors Drop
Holiday shopping on e-commerce sites declined by 3 percent, according to the latest numbers released by comScore, which tracking online spending and internet traffic. comScore reported Tuesday that spending for the holiday season, beginning November 1st and ending December 23rd, totaled $25.5 billion, down 3 percent versus 2007. The results were the first decrease for holiday seasons since 2001, when comScore began gathering e-commerce statistics....READ MORE >>
posted on Wednesday, December 31, 2008

Motion Computing Gains $6M
Austin-based Motion Computing said late last week that it has raised $6M in a new funding round. The funding came from New Enterprise Associates, Institutional Venture Partners, G-51 Capital, and other investors. According to the firm, the funding will go towards expansion into the healthcare market and towards international growth. Motion Computing develops tablet PCs to the healthcare industry and other vertical markets.
READ MORE >>
posted on Tuesday, December 30, 2008 (More)

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