Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Tuesday, May 30, 2017 Tyler Technologies Buys Modria Plano-based Tyler Technologies said Tuesday afternoon that it has acquired Silicon Valley-based Modria, a developer of software used for online dispute resolution (ODR) for government and commercial entities. Financial details of the buy were not disclosed. Modria was founded in 2011 and is headquartered in San Jose, California. Modria becomes part of Tyler's Courts & Justice Division. posted on Tuesday, May 30, 2017(Full story) Uber, Lyft Back In Austin Ridesharing services Uber and Lyft are back in Austin, after House Bill 100 was signed by Governor Greg Abbott on Monday. The deal comes a year after both Uber and Lyft pulled out of Austin after the failure of Prop 1, in a battle w (More info...) posted on Tuesday, May 30, 2017(Full story) Blue Star Sports Buys Krossover Intelligence Dallas-based sports management software developer Blue Star Sports said last week that it has acquired Krossover Intelligence, a New Yor-based company developing sports film breakdown and statistics tools. Financial terms of the acquisition were not announced. Blue Star Sports said Krossover's tools are used by both amateur and professional sports teams, with more than 20,000 sports teams in more tha (More info...) posted on Tuesday, May 30, 2017(Full story) Vista Equity Partners Acquires Xactly For $564M Austin-based private equity investor Vista Equity Partners is acquiring another big cloud-based software developer this morning. Vista Equity Partners is buying Silicon Valley-based Xactly, a developer of cloud-based software used for incentive compensation management. According to Xactly, affiliates of Vita Equity will acquire all of its outstanding shares for a value of approximately $564M, or $15.65 in cash per share. The companies said that X (More info...) posted on Tuesday, May 30, 2017(Full story) Pelican Energy Partners Invests In in Johnson Specialty Tools Houston-based private equity investor Pelican Energy Partners announced this morning that it has made a "significant" growth equity investment in Johnson Specialty Tools, LLC (JST). JST develops fluid management systems for drilling rigs including specialized pumps, mixing equipment, tanks, and other related equipment that contains, controls, and manages both oil and water based mud on drilling locations. Size of the investment was not announced. Pelican Energy focuses on investme (More info...) posted on Tuesday, May 30, 2017(Full story) |
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