SXSL Kicks Off Monday at the Whitehouse


Salon Magazine dubbed President Obama “Commander in Cool” for launching the first SXSL: South by South Lawn festival which takes place on Monday at the White House. The day-long celebration is fashioned after Austin’s highly successful SXSW, which President Obama attended and spoke at last March. The SXSL event features a number of talks on […]

Silicon Hills News Publishes its Third Annual Life Sciences Edition

Pills on wooden table

By LAURA LOREK Founder of Silicon Hills News NarrativeDx is an Austin startup pioneering a social-based feedback system that gives hospitals and clinics timely information about their patients’ experiences. The Dell Medical School at the University of Texas at Austin selected its inaugural class of 50 students this past summer. They are working to transform […]

Open Cloud Academy Launches Cybersecurity Program for Veterans

David Gibson, a veteran enrolled in the Open Cloud Academy's first cybersecurity class.

By LAURA LOREK Reporter with Silicon Hills News David Gibson retired from the U.S. Air Force as a cryptographic specialist after 18 years in 1995 in San Antonio and then worked construction jobs until he hurt his back. Since then he’s been looking for steady work. And that’s why he enrolled in the first class […]

The Top Texas Healthcare Accelerators and Incubators

test tubes with colorful chemicals

Launching a new venture is extremely difficult. That’s why healthcare incubators and accelerators can play a vital role in a company’s success early on by connecting them with financing, work space, mentors, customers, business programs and more. Healthcare is a $5 trillion industry globally and about half that is U.S. healthcare expenditures. And it’s a […]

Austin and San Antonio Ranked Top Metros for Startups

Austin Skyline photo, licensed through iStockphoto

Austin is the top spot in the country for startup activity and San Antonio is number 13 on the Kauffman Foundation’s latest Startup Index. The five metros with the highest startup activity in the 2016 index were Austin, Miami, Los Angeles, San Francisco and Las Vegas. Austin ranked at the top spot in 2015 also. […]

Apollo Global Acquires Rackspace for $4.3 Billion


Apollo Global Management Friday announced plans to acquire San Antonio-based Rackspace for $4.3 billion. Apollo plans to acquire the company for $32 a share in cash and will take the company private in the process. As part of the deal, funds managed by Searchlight Capital Partners will make a strategic equity investment in Rackspace. The […]

Best Buy Selects San Marcos for E-Commerce Sales Operation


Best Buy has selected San Marcos as the location for its e-commerce sales operation with plans to hire 25 employees. The Greater San Marcos Partnership announced the deal Tuesday. “We’re pleased to have reached an agreement to bring this e-commerce sales operation to the City of San Marcos and Hays County,” Best Buy spokesman Shane […]

TPG Capital Buys Grande Communications for $650 Million


TPG Capital, a private equity firm, announced Monday plans to buy San Marcos-based Grande Communications Networks for $650 million. The firm also announced plans to buy RCN Telecom Services of Princeton, New Jersey for $1.6 billion. It purchased the companies from ABRY Partners in separate transactions. William Morrow founded Grande Communications in 1999 and served […]

Rackspace Sells Cloud Sites Business to Liquid Web

Rackspace Hosting, based in San Antonio, on Monday announced plans to sell its Cloud Sites business unit to Liquid Web, based in Lansing, Michigan. The financial terms of the deal were not disclosed. The business will remain in San Antonio, according to a news release. Liquid Web, a $90 million a year web hosting business, […]

Rackspace Reportedly Close to a $3.5 Billion Buyout


Rackspace Hosting, the managed hosting and cloud computing company based in San Antonio, is reportedly close to closing a $3.5 billion deal with Apollo Global, a private equity firm, to take Rackspace private, according to reports in the Wall Street Journal, Fortune and numerous other publications. In 2014, Rackspace announced it had retained Morgan Stanley […]