Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Thursday, December 18, 2008 RF Monolithics to Lay Off 37 Percent Dallas-based RF Monolithics has joined the long parade of companies laying off employees due to the economy. In its quarterly revenues report Thursday, RF Monolithics Inc., a manufacturer of embedded radio frequency devices, announced that it would slash its workforce as a result of sagging revenues and a weakening economy. David M. Kirk, RF Monolithics' president and chief executive, said his company would reduce its workforce by some 37 percent. Additionally, Kirk promised a 10 percent, across (More info...) posted on Thursday, December 18, 2008(Full story) Zilker Labs Acquired by Intersil Austin-based Zilker Labs, a manufacturer of power conversion semiconductors, has been acquired by Intersil, Intersil said Thursday. Financial terms of the buy were not disclosed. According to Intersil, the merger has been approved by the boards of both of the companies, and will add approximately $1.5M in additional operating expenses per quarter. Zilker develops digital DC power circuits, used for power conversion in electronics. The firm used mixed signal techniques to decrease board space and (More info...) posted on Thursday, December 18, 2008(Full story) Sabre Holdings Acquires EB2 International Southlake, Texas-based Sabre Holdings Corp., operators of Travelocity.com and other travel-oriented Web sites and services, announced Thursday that it has acquired EB2 International Ltd. Financial terms of the transaction were not disclosed. Headquartered in London, EB2 publishes e-commerce software for international airlines. Sabre said EB2 will become a part of Sabre Airline Solutions, a Sabre subsidiary that provides decision-support and reservations software and services to airlines. Accordi (More info...) posted on Thursday, December 18, 2008(Full story) ACS Names Healthcare Head Affiliated Computer Services Inc. reported Thursday that David Bywater has returned to the company as managing director of its Healthcare Solutions business line. Most recently, the Dallas-based business process outsourcing firm said, Bywater was president for Mediconnect Global. Before that, however, he was senior managing director for ACS' Human Resource Outsourcing Solutions business unit. ACS said he has also held many other management positions within the company, including senior vice pres (More info...) posted on Thursday, December 18, 2008(Full story) Prospx Gets $6.5M Austin-based ProspX, which develops applications for the commercial insurance industry, announced today that it has raised $6.5M in a Series A. According to the firm, the round was led by Adams Capital Management. ProspX develops a software application designed to streamline commercial insurance processes, delivered as software-as-a-service. The firm said the funding will go to expand development and marketing of its products. posted on Thursday, December 18, 2008 (More)(Full story) Perot System Expands Board Plano, Texas-based information technology consulting firm Perot Systems Corp. reported Wednesday that it has appointed Caroline S. "Caz" Matthews to its board of directors. Matthews, Perot Systems said, is currently president of WellPoint Foundation Inc. and vice president of social responsibility for WellPoint Inc. Before those positions, Perot Systems added, she was president of Blue Cross Blue Shield of Georgia. She has also served as president of Anthem Blue Cross Blue Shield's western regio (More info...) posted on Thursday, December 18, 2008(Full story) |
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