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    Wednesday, December 12, 2012
    Drilling Info Acquires Assets From Wellstorm Development
    Austin-based Drilling Info, the venture backed provider of software-as-a-service for the oil and gas business, said today that it has acquired the assets of Wellstorm Development, Inc., an information management and development company in Dripping Springs. Financial terms of the buy were not disclosed. Drilling Info said that the technology acquired in the buy will help it bridge its solutions with the data behind it's clients' firewalls. W (More info...)

    posted on Wednesday, December 12, 2012(Full story)

    Caringo Reports Sales Surge
    Austin-based Caringo, the developer of object-based storage software, reported today that it has seen a 10x jump in its sales this year compared with last year. The firm--which did not include any financial details--said it was its "most successful year ever". Caringo develops object based storage software used in enterprises to manage their data storage. The firm is led by Mark Goros, and is backed by Austin Ventures and Vodafone.

    posted on Wednesday, December 12, 2012(Full story)

    Alpheus Communications Acquires Net Star
    Houston-based Alpheus, the provider of metro area fiber and networking, said today that it has acquired fellow Houston firm Net Star Telecommunications. Financial terms of the buy were not announced. Net Star Telecommunications provides network and data center services. Alpheus said the acquisition will help it gain operational scale and additional services.

    posted on Wednesday, December 12, 2012(Full story)

    Austin's Co-op Scores Mobile Award
    The University Co-op has scored an award as one of the top 10 best mobile retailers, according to Austin-based mobile website developer Digby. Digby said the Co-op's mobile app--which it developed--was one of the 10 best mobile retailers ranked as part of Internet Retailer's recently issued list. Digby helped develop the first app for the University Co-op back in August of 2011. Internet Retailer apparently cited the effective use of packaged RSS (More info...)

    posted on Wednesday, December 12, 2012(Full story)

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