Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Friday, March 20, 2015 Last Chance For RadioShack In Bankruptcy Auction Monday It looks like bankrupt Fort Worth-based electronics retailer RadioShack has one last chance at survival Monday, as it heads to the auction block, with only one bidder--creditor Standard General--saying it is making a bid on the ailing chain. Standard General said Thursday that it is looking to bid $145.5M for RadioShack's assets, with a whopping majority of that bid in cancellatoin of debts that RadioShack already owes the company. Standard G (More info...) posted on Friday, March 20, 2015(Full story) CloudCoreo, GeoSafe In New Microsoft Accelerator Class Two, Austin area startups have just been accepted into the Microsoft Digital Work Accelerator in Seattle, according to the accelerator this week. CloudCoreo, a developer of software used to help launch reliiable application infrastructure, and GeoSafe, a developer of a communications platform and GPS tracking system for first responders, both are part of the second cohort of Microsoft's accelerator. The two st (More info...) posted on Friday, March 20, 2015(Full story) Willbros Sells UtilX For Around $40M Houston-based energy infrsatructure contractor Willbros said Thursday that it has sold its UtilX technology subsidiary to Novinium, in a deal worth between $35 to $40M. UtilX develops silicone injections for power cables, which are used to rejuvenate those cables instead of requiring complete replacement of those cables. The company's technology--and associated services--are aimed at extending the life of aging power cables used by utili (More info...) posted on Friday, March 20, 2015(Full story) Zenoss Powers BBC Austin-based Zenoss reported a win with the BBC Thursday, saying that the news broadcaster has actually been a customer of the company since 2009. Zenoss said that the BBC has been using the company's software to capture and analyze approximately 1 million data points every five minutes, to monitor availability and performance for BBC Online. Zenoss is a developer of software which is used to manage enterprise networks, servers, storage, cloud infrastr (More info...) posted on Friday, March 20, 2015(Full story) |
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