Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Monday, November 17, 2008 SEC Accuses Mark Cuban Of Insider Trading The Securities and Exchange Commission (SEC) said Monday morning that it has charged Dallas entrepreneur Mark Cuban with insider trading. According to the SEC, it claims that Mark Cuban sold 600,000 shares of stock of an Internet search engine company, Mamma.com, after learning that the firm would conduct a stock offering which would be dilutive to existing shareholders. The SEC said the trade occurred in June of 2004, and helped Cuban avoid losses in excess of $750,000. The SEC is looking for p (More info...) posted on Monday, November 17, 2008(Full story) The Planet Launches Cloud Storage Service Houston-based The Planet, a provider of IT hosting services, announced an expansion into the cloud storage business. The Planet said it will offer its customers the ability to access an on-demand storage cloud service powered by Nirvanix. The Planet said the new cloud storage offering will initially be offered to its existing hosting customers, with access for non-hosted, storage-only customers becoming available in the first quarter. Cloud storage allows customers to store data on the Internet (More info...) posted on Monday, November 17, 2008(Full story) nGenera Sells Talisma Assets Business intelligence software firm nGenera has sold some of the assets of Talisma Corporation, which it acquired in May, to a Florida Firm, Campus Management Corp. Financial terms of the sale were not disclosed. Campus Management Corp. said this morning that it has acquired the assets of Talisma CRM, the Talisma Higher Education business division, and Talisma Corporation Pvt. Ltd in India, which were part of the Talisma customer relationship management (CRM) software, from nGenera. nGenera acqu (More info...) posted on Monday, November 17, 2008(Full story) Mavenir Partners For Wireless Offering Richardson, Texas-based Mavenir Systems Inc. revealed Monday that it has teamed with GetLisa Information Services Inc. to develop a comprehensive messaging and data solution for the Tier 2 and Tier 3 wireless carrier markets. Mavenir said the combined offering supports the SMSC, VoIP, WAP and MMSC platforms while providing applications for premium and local content. Headquartered in Boulder, Colo., GetLisa specializes in providing applications pulling user-generate, local content onto mobile dev (More info...) posted on Monday, November 17, 2008(Full story) Quantapoint Names President, CEO Quantapoint Inc., a developer of laser-scanning technology and related software, reported Monday that it hired John Wilson as president and chief executive officer. The Houston-based company said Wilson succeeds Eric Hoffman as CEO. Hoffman, Quantapoint noted, founded the company and had a hand in Wilson’s selection. Prior to joining Quantapoint, Wilson held several senior-level management positions in the oil-and-gas service industry, including stints as executive vice president of Landmark G (More info...) posted on Monday, November 17, 2008(Full story) Mirage Networks Gets University Win Austin-based Mirage Networks Inc., a publisher of network-access control software applications, revealed Monday that a major Texas university has chosen Mirage to safeguard its residential network. Mirage said Texas State University, a public, four-year college located in San Marcos and boasting more than 29,000 students, will use Mirage's NAC solution to register devices and manage traffic. Financial impact of the win was not disclosed. Mirage said the move should help the university decrease i (More info...) posted on Monday, November 17, 2008(Full story) |
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