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    Tuesday, December 11, 2012
    Aurea Software Spins Out of Progress Software
    Austin-based Aurea Software said today that it has launched its operations, made up of four former businesses of Progress Software. Aurea said it completed its acquisition of Savvion, Sonic, Actional and DataXtend SI, and has launched its sales, service, and support operations. Aurea said it has 250 people, and is headed by Scott Brighton, the former President of Trilogy Enterprises. Aurea said it is looking to create a "next-generation intellige (More info...)

    posted on Tuesday, December 11, 2012(Full story)


    ZTE Invests $30M In U.S. Operations
    Smartphone manufacturer ZTE, which bases its U.S. operations out of Richardson, Texas, said today that it will invest $30M more in the U.S. market, to enhance its presence here. The firm said the move will also help create more U.S. jobs, and will go towards working with partners on technology, strengthening lab capabilities, and other infrastructure. The company did not say how or if the new investment will affect its operations in Richardson. ZTE has a n (More info...)

    posted on Tuesday, December 11, 2012(Full story)


    National Instruments Buys German Firm
    Austin-based National Instruments the developer of tools for the scientific and engineering market, said today that it has acquired Dresden, Germany-based Signalion GmbH. Financial terms of the buy were not disclosed. National Instruments said it acquired Signalion for that firm's wireless communications talent and technology. NI will use the acquisition to bolster the capabilities of its NI LabVIEW software and PXI hardware for wireless test applica (More info...)

    posted on Tuesday, December 11, 2012(Full story)


    Pernix Buys Somaxon Pharmaceuticals
    The Woodland, Texas-based Pernix Therapeutics announced this morning that it has acquired Somaxon, a developer of treatments for insomnia. The deal was worth $25M in a stock-for-stock deal. Pernix said the acquisition would help it expandits product portfolio. Somaxon has 12-month trailing revenues of approximately $11.7M, and had been seeking a buyer for the company since December of last year. The firm's l (More info...)

    posted on Tuesday, December 11, 2012(Full story)


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