Under Armour Acquires MapMyFitness

Under Armour announced Thursday it has acquired Austin-based MapMyFitness for $150 million. The deal is expected to close by the end of the year. The acquisition gives Under Armour, based in Baltimore, more digital products and solutions to help athletes train and perform. MapMyFitness’ 100 employees will remain in Austin. The company has more than […]

Dell to Buy Quest Software for $2.4 billion

To strengthen its software business, Dell announced plans to acquire Quest Software for $2.4 billion. Round Rock-based Dell, which started out as a PC company in 1984, has recently begun to diversify into more software and solutions products. Dell recently launched its software group. Quest’s software products and technology will only strengthen Dell’s move to […]

Avnet Acquires Austin-based Ascendant Technology

Avnet announced Monday its plans to acquire Ascendant Technology, based in Austin. Phoenix-based Avnet, an electronics component maker, did not disclose terms of the deal. Ascendant Technology, an information technology consulting firm, helps businesses create ecommerce, web content management, cloud computing and other solutions. It had revenue of approximately $90 million in 2011. Founded in […]