Tech Money

Analyst: Dell's moves toward EMC deal are like 'python eating the buffalo' 

Analysts say Dell Inc.'s sale of its IT services division clearly moves it a step closer to completing its planned purchase of EMC Corp. Dell Inc. agreed Monday to sell the Dell Services unit -- formerly known as Perot Systems -- to Japan-based NTT...

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Austin startup Smarthome Hero gets seed money

Austin startup SmartHome Hero has raised a round of seed funding from Digitech, a newly formed venture capital firm. Financial terms of the investment were not disclosed. Founded in 2014, SmartHome Hero is developing a service that provides energy...

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Open Source

Dell Inc. sells IT services division for $3 billion

Looking to shed debt ahead of its $67 billion acquisition of EMC Corp., Dell Inc has agreed to sell its IT services division to Japan-based NTT Data Corp. for just over $3 billion, the companies said Monday. Dell's IT services division, known as Dell...

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Austin tech salaries are on the rise, survey says

The average technology worker in the Austin metro area makes $98,672 a year, according to an online survey done in late 2015 by Dice, a career website for the tech industry. That's up nearly 6 percent from 2014.  First, a few caveats before we dig...

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Open Source

Central Texas angel group is most active in U.S.

Last year felt like a busy one for startups raising money from local angel investors.  Now a new report confirms it. The Central Texas Angel Network was the most active individual angel group in the country in 2015, according to a new Halo report...

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Austin's Asure buys Florida software maker

Asure Software, which sells workplace management software, has acquired a Florida-based company that specializes in human resources software. Austin-based Asure said the purchase of Mangrove Employer Services of Tampa enables it to expand its offerings...

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Open Source

Austin startup Bypass to acquire Philadelphia company

Austin startup Bypass, which sells sports venue software, has acquired a Philadelphia company that develops food and beverage ordering apps. Austin-based Bypass said Parametric will expand its product line of mobile transaction software and add operational...

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Open Source

Obama gig a boost for Austin courier startup Dropoff

If you're a courier startup, it's the call you hope for: Michelle Obama wants barbecue. Can you get it to her?   Austin-based Dropoff made it happen Wednesday, delivering bags of brisket from Micklethwait Craft Meats in East Austin to the First Lady's...

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Open Source

Report: Austin tech sector added 3,600 jobs in 2015

Employment in Austin’s technology sector continued its steady growth in 2015, with a growth rate of 3.4 percent and a net gain of more than 3,600 jobs, according to a new report from a tech industry group. Texas as a whole added nearly 14,000 tech...

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Austin's Pivot3 brings in $55 million in financing

Pivot3 is ready for another wave of growth with a new round of financing. The Austin-based company said it has received $55 million in equity and bank financing, which will be used to launch new products. Founded in 2002, Pivot3 develops server and...

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