Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Wednesday, December 17, 2008 Entorian Abandons Memory Manufacturing Business Austin-based Entorian Technologies, which develops semiconductor packaging technology products, said Wednesday that it plans to close its manufacturing activities for its memory business in January. According to the firm, it will transfer its memory and stacking customers, and certain manufacturing assets to third parties, although it will continue to license its patent portfolio. Entorian said the move follows the acquisition of Augmentix and a transition away from commodity components into ver (More info...) posted on Wednesday, December 17, 2008(Full story) MetroSplash Expands Board MetroSplash Systems Group Inc., a provider of consumer reward and loyalty programs for merchants and fuel retailers, reported Wednesday that Patrick M. Cummiskey joined its board of directors last month. MetroSplash described Cummiskey as a dynamic professional who boasts more than 25 years of experience in the transaction-processing industry. Cummiskey began his career at Gasboy, now a Gilbarco subsidiary. Cummiskey later founded BUYPASS Corp., which eventually became a part of First Data Corp. (More info...) posted on Wednesday, December 17, 2008(Full story) Mavenir Systems Takes $17.5M Richardson-based Mavenir Systems, which develops mobile convergence products for the telecom industry, said today that it has raised $17.5M in a third round of funding. According to the company, the Series C round was led by a new, undisclosed investor, and also included prior investors Austin Ventures, North Bridge Venture Partners, and Alloy Ventures. The funding brings the company's total raised to $51M. The firm said the funding will go towards expanding its product offering, product impleme (More info...) posted on Wednesday, December 17, 2008 (More)(Full story) |
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