SolarWinds to Test IPO Waters?

Austin-based SolarWinds, which makes network management and monitoring software, has been shoring up the board of directors lately. John Thornton of Austin Ventures was added in February, and Salesforce.com CFO Steven Cakebread was announced as another board addition in early February. It’s a pretty odd move for a private company. Unless of course you need [...]

Pluck’s Latest Customer; Hearst Digital

Austin-based Pluck announced that it has signed a deal with Hearst digital. The Pluck social media technology will power the audience participation and community features of the websites of some pretty major Hearst brands including Cosmopolitan, Good Housekeeping, and Harper’s Bazaar. Alex Ballantyne, Hearst digital’s Managing Director, says: “Based on our review, no other social [...]

Spiceworks Featured on CMP’s bMighty.com

Austin-based Spiceworks, a provide of ad supported IT management software, announced that they are releasing a co-branded version of the Spiceworks product for users of CMP’s bMight.com website. The bMighty website is a CMP community site focused on IT professionals in the small and mid-sized (SMB) category. If you visit the website, you’ll see a [...]

Dell Acquires MessageOne

Dell, which has been a buying spree these past couple of months, has acquired a company in its own backyard, MessageOne. MessageOne, a provider of services for e-mail management, archiving and business continuity, will be rolled into Dell’s Software-as-a-Service suite, for a price of about $155 million in cash. According to Steve Schuckenbrock, president, Dell [...]

Mysterious Deal with CoVI Technologies

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 [...]

Freescale Acquiring SigmaTel for Pocket Change

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 [...]

Hoovers Acquires Visible Path; Launches Social Networking Features

Austin-based Hoovers, acquired by Dunn & Bradstreet in 2002, announced it’s acquisition of Visible Path for an undisclosed sum. Visible Path had raised over $20M from high profile VCs Kleiner Perkins, Menlo Ventures, Silicon Valley Bank, and Integral Capital Partners. Hoovers had been using Visible Path’s technology for the past year to power the beta [...]

Fluid Innovation Goes Global

Austin-based Fluid Innovation, the only Austin company accepted into DEMO Fall ‘07, has expanded their global reach through a partnership with Secret Sauce, an Australian-based IP commercialization company. Tom Hochstatter, Vice President at Fluid Innovation said“after validating our model in the US we wanted to access the rich stream of innovations being developed by major [...]

Bazaarvoice Signs Office Depot

Put another major online retailer into the growing list of customers at Bazaarvoice. Office Depot joins other huge online retailers like Macy’s, Dell, Petco, and Sears on the customer list. The company has so many major names on their customer list, that’s it’s almost a shock that OfficeDepot is not already a customer.
“Office Depot is [...]

Digital Entertainment Network Provider Lands $18 million

NetStreams Inc., an Austin-based company focused on distributing high definition video and audio over standard IP networks, has raised $18 million from Austin Ventures in a Series B financing. Austin Ventures also funded the Series A found.
The Company claims that its DigiLinX™ IP Audio, Video and Control system is the first distributed A/V system [...]