InovaWave is changing its name as it refocuses the company. “The name change from InovaWave to Hyper9, Inc. supports our mission to take advantage of wider opportunities in the virtualization software market beyond performance optimization of virtual machines,” said Chris Ostertag, president and CEO of Hyper9, Inc.
The company also announced Ben Rouse as its Chief [...]
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The rumors are swirling that Plaxo is on the auction block for around $200M, and Google’s offer is currently in the lead. With the likelihood of a democrat going into office come January, and an almost certain increase in the capital gains tax, M&A deals are going to go like wildfire in 2008. The pending [...]
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Our Guest Blogger today is Dana Douglas, who is the director of HR Solutions for vcfo. She has some great HR advice for those of you in a high tech startup situation. She can be reached at ddouglas@vcfo.com.
Technological and financial ambiguities present in high-tech start-ups, combined with the relational stresses involved in fast-growing businesses, highlight the [...]
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UGC Powered Media Inc. today launched a beta version of it’s citizen journlist website Neaju. “Neaju.com is the first site on the Internet that will allow any user to submit a news story to a world-wide audience without the editorial oversight that is often used to inject bias and spin into news reporting,” said Vadim [...]
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The Bun Run is like an institution in Austin, and it’s definitely the funnest run in town. At only 5K you could even walk it if you had to, there’s almost no reason not to participate. For the first time ever, you can vote on the T-Shirt design at www.bunrun.com. If you’ve never done a [...]
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Active Power was recognized by EQUITIES magazine as one of Ten Alternative Energy Companies on the Rise in their January 2008 issue. The company was also named an EQUITIES “pick for 2008.” “I listed Active Power as an alternative energy company worth watching in 2008 based on the company’s innovative technology and the potential for [...]
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The CoVI website is disabled except for the opening animation, and a mysterious message is on the front page. GE’s Security division issued a press release today saying that they’ve purchased certain assets and IP at CoVI, and that certain employees will stay on board in Austin and be employed by GE now. It doesn’t [...]
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Today’s Q&A Wednesday is with Wayne Snell, the Director of Marketing at Austin-based Lombardi Software. Last week, Lombardi announced year over year revenue growth of 60%, and also named Phil Gilbert as President of the company. The company is on the move, and we thought we’d get to know more about them.
Q: Give us a [...]
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Austin-based Caringo, which provides a software solution for storage clustering, announced funding from Vodaphone Ventures and Austin Ventures. The funding from AV certainly makes sense, but why Vodaphone Ventures? Vodaphone moved their venture investing group to the Silicon Valley in mid-2006 in order to get more aggressive in Web 2.0 and emerging technology deals, and [...]
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Freescale announced that it will acquire SigmaTel for $3 per share, a hefty premium to it’s typical $1.60 level, but a far cry from it’s peak of $44.70 back in 2005. That makes the value of the deal approximately $110M, which is just about how much SigmaTel has left in the bank. If this company [...]
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