Archives for May 2013

Dell Seeks Shareholder Approval on Buyout Offer

Dell filed papers with regulators Friday to take the company private in a buyout deal valued at $24 billion led by founder Michael Dell and investment firm Silver Lake partners. A special shareholder meeting will be held on July 18th to vote on the deal. Michael Dell and Silver Lake are offering $13.65 per share […]

First Cut Pro Wins TechCrunch Austin Pitch-Off

TechCrunch’s Jordan Crook gets more than 1,000 pitches from tech companies seeking publicity every day. So how does she sort through it all and find the stuff she likes to write about? “It’s all about the person. When I can find an app that I love that I can share with other people that’s what […]

Austin-based DeckPresenter Chosen for gener8tor Startup Accelerator

This summer, the team behind Austin-based DeckPresenter will be in Milwaukee, Wisconsin for 12 weeks participating in the gener8tor startup accelerator program. The company was one of five startups chosen from more than 250 applications to participate in the program, which will culminate with a Launch Day event on August 29. At that event, every […]

Tabbedout Adds Two Veteran Tech Executives

Tabbedout announced Thursday that the company has hired two veteran technology executives to lead its engineering operations. Lance Obermeyer will become its new chief technology officer and Tom Bernhardt will takeover as vice president of product and strategy. Previously Obermeyer cofounded Digby and other technology companies. He has a Ph.D. in computer sciences from the […]

Spiritcube Expands its Digital After Life Company to Austin

Want to leave a lasting legacy online long after you’ve gone to the grave? Not content to just write R.I.P. on a gravestone? Then Spiritcube has got a product for you. The Miami-based company sells a digital-after life online package that allows people to leave behind text, photos, video and more for loved ones after […]

Dell’s Evergreen Innovation Center to Focus on Data Center Efficiency

In a move that further focuses Dell on data centers, the company announced it has opened its Evergreen Innovation Center. The center will work on developing new technologies for data centers. Dell makes a modular data center for eBay that has been named one of the most energy efficient in the country. Dell and eBay […]

Patent Trolls Threaten to Bankrupt Companies and Stifle Innovation

By LAURA LOREK Founder of Silicon Hills News Without patent reform, Living Direct might have to file for bankruptcy, said Mark Baker, its general counsel. The online retailer, founded in 2000 now has 60 employees, and faces multiple “patent troll” lawsuits which threaten to drain it of all of its cash, Baker told a seven-person […]

Wisegate Raises $3 Million in Funding

Wisegate, an IT research service, announced Wednesday that is has raised $3 million in funding. The Austin-based company also appointed Jamie Lewis, former Burton Group CEO, to its board of directors. “We are seeing tremendous momentum on all fronts of the company,” Sara Gates, Founder and CEO of Wisegate, said in a news release. “Wisegate […]

Bloomfire Raises an Additional $2 Million in Funding

Bloomfire has raised $2 million, according to a U.S. Securities and Exchange Commission regulatory filing. The Austin-based company closed on $8 million in funding in March from founding partners Austin Ventures and Redpoint Ventures. The latest funding comes from Silver Creek Ventures, according to TechCrunch. Since its founding in 2010, Bloomfire, which makes content sharing […]

Mexican Startup Biovideo Spotlighted on Slice of Silicon Hills News

By ANDREW MOORE Reporter with Silicon Hills News Having a baby is incredibly special, and lots of parents want to capture those first few special moments on camera. But with the stress of having a baby, getting all the best moments on camera can be a difficult task. Founded in Mexico by Carlos Villaseñor, Biovideo […]