We don’t have a lot of details yet, but San Antonio-based Rackspace stands to raise around $400M with their Initial Public Offering (IPO). They’re taking the same route as Google, in terms of using an auction-style offering to help maximize the funds raised.
The financials are pretty interesting. The company has grown revenues very rapidly in [...]
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Digby, Austin, Texas, a provider of a mobile commerce platform, which raised funding last year, was named one of the top ten company by attendees and expert panelists at Dow Jones’ Wireless Innovations conference this week. The conference, held in Redwood City, Calif., featured two days of panel presentations and keynotes by venture capital [...]
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The DEMO conference has been the launchpad for emerging technology companies for about 20 years. Skype, Slingbox, and TiVO all launched at DEMO. Chris Shipley and the folks from DEMO are coming to Austin, and they’d like to see what you’ve got. They’ll be here on May 13th, so if you think you might have [...]
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On the same day that Dell closed its acquisition of MessageOne, rumors are swirling about another potential acquisition by the computing giant. The target: Radio Shack.
Barry Shlacter at the Fort Worth Star-Telegram covered this story, linking the increase in option activity on shares of Radio Shack to the speculation that Dell would acquire the [...]
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Today’s Q&A Wednesday is Thomas Marriott, co-founder and President of GameWager. They recently relocated the company to Austin. We talked to them about their online gaming website, and the reasons for relocating to Austin.
Tell us a little bit about what you’re building at Gamewager. When will you be launching?
GameWager is an online platform that enables [...]
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With a pending deal at Microsoft, people are watching Yahoo’s Q1 numbers very closely. Thomson’s revenue estimate was $1.32B in sales for Q1, and Yahoo blew it away with $1.81B in sales. In the same quarter last year, Yahoo had $1.67B in sales. Income was $542M compared to $142M a year ago.
They say any good [...]
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ON Networks announced that five of its digital TV shows are finalists and honorees for the 12th Annual Webby Awards. “We’re honored to have the Webby Awards recognize five of ON’s Original Programs out of the large number of entries they received,” says Jen Grogono, chief content officer at ON. “These shows were created by [...]
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HelioVolt, Austin’s very own thin film photovoltaic company that recently raised just under $100 million in venture financing, scored a huge hiring win today, announcing that Louay Eldada has been hired as CTO. Eldada was previously the CTO at du Pont, and served as a director for DuPont Photonics Technologies.
Prior to his five-year tenure [...]
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Zenoss is one of the latest tech companies to open a development center in Austin. The company creates open source network and systems management software. In what might be a sign of good things to come, the company has setup shop in the same building where Tivoli was started.
In January of 2008 the company announced [...]
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The Entrepreneur Funding Symposium is today at the J.J. Pickle Center. If you’re not here right now listening to Matt Lyons of Andrews & Kurth talk about term sheets, then it’s probably a little late to attend now. But let’s just say you’re missing out.
There are breakout sessions in the afternoon where you can hear [...]
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