Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Monday, August 29, 2016 Patient IO Acquired By Athenahealth Austin-based health startup Patient IO (Filament Labs), which develops a mobile software application to help healthcare providers engage with patients and caregivers, has been acquired by Athenahealth, Athenahealth said on Monday. Financial terms of the acquisition were not disclosed. Patient IO was founded in 2013, and was part of Techstars Austin; the company was founded by Jason Bornhorst, Colin Anawaty (More info...) posted on Monday, August 29, 2016(Full story) Zahroof Valves Secures Distributor In Australia, New Zealand Houston-based Zahroof Valves, the venture-backed developer of valves use in reciprocating gas compressors, has signed up a distributor in Australia and New Zealand. The company--backed by Saudi Aramco Energy Ventures and NGP Energy Technology Partners--said Drivetrain Power and Propulsion will be the sole distributor of its products in Australia and New Zealand. The company's valves are used in the oil and gas market. posted on Monday, August 29, 2016(Full story) SoftNAS Wins Fiber Provider Houston-based software-based network attached storage (NAS) provider SoftNAS says that it has been selected by fiber provider US Signal, as part of that company's cloud storage efforts. FInancial impact of the win was not announced. According to the two, US Signal was looking for a provider of S3-compatible cloud storage via a virtual appliance supporting NFS. US Signal has around 14,000 route miles of fiber in the Midwest. posted on Monday, August 29, 2016(Full story) Rackspace Acquired For $4.3B By Apollo Global San Antonio-based Rackspace said late Friday that it has agreed to be acquired by private equity investor Apollo Global Management, in a deal worth $4.3 billion. Rackspace said Apollog GLobal will pay $32.00 per share in cash for Rackspace, with an additional strategic equity investment in the company by Searchlight Capital Partners, L.P. The acquisition will take Rackspace off the public markets, and return it to private held status. The (More info...) posted on Monday, August 29, 2016(Full story) |
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