Lilly Rockwell: Tech Capital

Open Source

3M is selling its 156-acre Austin campus

Materials company 3M, best known for its Post-it notes and Scotch tape, is selling its main 156-acre campus in Austin, the company has confirmed. Company CEO Inge Thulin told 3M's Austin employees in an email last week that the Austin site "has served...

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Four decades after co-founding National Instruments, James Truchard steps down as CEO

James Truchard, the longtime CEO and co-founder of National Instruments, is retiring in January, the company announced late Monday.  He will be replaced by Alex Davern, the company's chief operating officer and chief financial officer. Truchard, 73...

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What is Zen and why is it driving up AMD's stock price?

Right now, some investors are probably regretting their decision to not buy stock in Advanced Micro Devices at the beginning of this year.  If an investor had plunked down $10,000 on January 4 to buy 3,610 shares of AMD stock, those same shares would...

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Open Source

Austin is the No. 1 city for startups. Again. 

Austin has landed the No. 1 spot on yet another list.  For the second year in a row, Austin has the highest rate of startup activity of any metro area in the country. The Kauffman Index, which examines startup activity in 40 major metro areas, said...

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Open Source

Study: Austin is the best value for tech workers

Let's say you work as an app developer in Austin, making $87,700 a year. Life is good -- you can afford all the breakfast tacos your heart desires.  But wait! A company based in San Francisco has offered you $108,000 a year to do the same job.  It...

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Austin-based startup Loop & Tie is using technology to disrupt corporate gift-giving

When Sara Rodell worked in sales at UBS investment bank, she volunteered to be in charge of the finance company's holiday gifts, which it sent to clients and other important business contacts.  "I couldn't believe the amount of money we were spending...

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Austin's Spanning will soon get a new owner: Dell

When the news broke last October that Dell Inc. was buying data storage company EMC Corp., Jeff Erramouspe did a quick mental calculation on the impact it will have on his company.  Erramouspe runs an EMC subsidiary, Spanning by EMC, that is based...

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How an Austin company is playing a role in the fight against Zika

Austin-based biomedical company Luminex Corp. says it has received an emergency authorization from the U.S. Food and Drug Administration to sell a newly developed test for the Zika virus.  In partnership with Rockville, Md.-based GenArraytion, Luminex...

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Austin startup Great Agent aims to connect serious buyers with real estate agents

Jasper Juhl worked in business development for IBM in Houston for years, managing the tech firm's oil and gas accounts. "I managed probably $100 million in revenue," Juhl said.  But despite his business success, Denmark-born Juhl never got over that...

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Open Source

Readers: We love unlimited vacation. Or we hate it.

Last week we asked our readers to tell us what they think of unlimited vacation policies after we reported that Austin tech companies are increasingly offering this perk as a key recruitment tool.  It turns out, most of you either love or hate this...

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