Top News

  • Tuesday, September 16, 2014

    OneSource Virtual Expands In Arizona

    Dallas-based business process outsourcing provider OneSource Virtual said this morning that it is in a big expansion in Arizona, and plans to open up a second processing facility in Phoenix, Arizona, by the end of next year. According to OneSource Virtual, the new center will create approximately 120 jobs in Phoenix. The company said it has already selected space in the area totaling around 21,182 square feet. OneSource Virtual is backed by private equity investor Halyard Capital....Continue →

     
  • Tuesday, September 16, 2014

    CLEAResult Buys PECI

    Austin-based CLEAResult, which helps utilities, governments, schools, and businesses implement energy efficiency programs, said today that it has acquired the assets of PECI, a fellow energy efficiency company. Financial terms of the buy were not disclosed. PECI was based in Portland, Oregon and was founded in 1979. CLEAResult is backed by private equity investor General Atlantic, and is led by Glenn Garland.Continue →

     
  • Tuesday, September 16, 2014

    Molecular Templates Raises $12M

    Georgetown, Texas-based Molecular Templates said Monday that it has now raised $12M in a Series C financing. The company, which is developing biopharmaceuticals, said that the funding comes via an expansion of the Series C worth $3.5M, from AJU IB Investment. That new funding comes on top of earlier Series C funds from Excel Ventures and Sante Ventures. AJU IB's Timothy Sullivan joins the company's board as part of the funding. Molecular Templates is targeting cancer with its technology....Continue →

     
  • Tuesday, September 16, 2014

    CardLab Acquired By Blackhawk Network

    Dallas-based CardLab, the online provider of custom, prepaid incentive and rewards cards, has been acquired by Blackhawk Network, the two said today. Financial terms of the buy were not disclosed. Blackhawk Network said that CardLab will become a business unit of its InteliSpend business, and will be headed up by current CEO David Jones. Blackhawk Network said it expects the acquisition to be earnings neutral to its financial results for the remainder of fiscal 2014....Continue →

     
  • Monday, September 15, 2014

    Compass Datacenters Dangles $100,000 Guarantee

    Dallas-based Compass Data Centers says that it will guarantee that it can build a new data center in six months, or it will pay customers $100,000 in cash, according to the firm this morning. According to Compass Datacenters--which builds data centers for clients--it is "putting its money where its mouth is" and will guarantee a new data center within 6 months from initial groundbreaking, on a pad-ready site....Continue →

     
  • Monday, September 15, 2014

    The Attachmate Group Merges With Micro Focus

    Houston-based The Attachmate Group, the software company owned by Francisco Partners, Golden Gate Capital, Elliott Management and Thoma Bravo, said this morning that it is merging with Micro Focus, a developer of enterprise software used for modernizing, testing, and managing software. Financial terms of the deal were not disclosed. The companies said the deal is subject to regulatory approval under the Hart-Scott-Rodino Act, as well as shareholder approvals....Continue →

     
  • Monday, September 15, 2014

    Acxiom Opens New Office In Austin, To Hire 150

    Acxiom, which develops enterprise data analytics software, said today that it is opening up a new office in Austin, and expects to hire around 150 positions at the location. According to Acxiom, the new office will employ network engineers, security engineers, systems engineers, security architects, network architects, infrastructure architects, software engineers and project managers....Continue →

     
  • Friday, September 12, 2014

    RadioShack Warns Of Bankruptcy Option

    Fort Worth-based RadioShack--citing a decline in consumer electronics and a soft mobility market--said it is potentially facing a bankruptcy filing, if it is unable to find a buyer or agree to restructuring with its lenders, bondholders, shareholders and landlords. RadioShack said it is looking at debt restructuring, cutting stores, and making "significant reductions" in its cost structure, as it saw a significant drop in sales in the second quarter....Continue →

     
  • Friday, September 12, 2014

    Alliance Data Acquires Conversant For $2.3 Billion

    Dallas-based Alliance Data said late Thursday that it has acquired online advertising company Conversant, in a deal which is worth $2.3 billion. Conversant--which until recently was known as ValueClick--runs a wide range of online marketing and advertising businesses. Alliance Data said that Conversant currently projects revenues of $670M in 2015. Conversant will join Alliance Data's Epsilon business.Continue →

     
  • Friday, September 12, 2014

    AT&T To Carry iPhone 6, iPhone 6 Plus

    Dallas-based AT&T said this morning that it will begin carrying Apple's new iPhone 6 and iPhone 6 Plus at its retail stores, starting on Friday, September 19th. AT&T said that it will offer up to $300 in trade in value for its customers trading in an iPhone for an upgrade. AT&T has carried the iPhone since it was first launched.Continue →

     
  • Friday, September 12, 2014

    Big Play Scoring Launches Fantasy Football App

    Houston-based Big Play Scoring said this morning that it has launched a new, mobile app aimed at fantasy football players. According to the developer of sports strategy games, the new title is a free-to-play, mobile games which lets users draft their favorite fantasy teams, and compete against other players, real-time. The company said the app revolves around big plays, rather than individual player stats. The new title runs on both iOS and Android....Continue →

     
  • Thursday, September 11, 2014

    PowerByProxi Sets Up US Headquarters In Austin

    Wireless power systems developer PowerbyProxi said today that it has opened up a new office and U.S. headquarters in Austin, citing the city's technology talent in the move. According to PowerByProxi, the new move will help it expand its global presence and U.S. footprint. PowerbyProxi also said it has named Robert McCOrmick as its Vice President of Product Management, to help set up the Austin location. McCormick was previously at Intel, Motorola, and Freescale....Continue →

     
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