Lori Hawkins: Plugged In

Open Source

Lawsuit challenges sale of Austin’s Bazaarvoice

Austin software maker Bazaarvoice is facing a lawsuit that contends the company’s planned $521 million sale undervalues the company and hurts its shareholders. The lawsuit, which was filed by a shareholder, says the sales process “was hamstrung by...

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Open Source

Thursday Tech Crawl: Do Facebook ads exclude older Americans from jobs? Plus, Romanian hackers and more tech news

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s going on: Facebook, Amazon and others are accused of using Facebook ads to exclude older Americans from jobs Three workers and a large union...

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Open Source

Austin’s Magnitude Software puts its $100 million war chest to work with another acquisition

Austin-based Magnitude Software is closing out the year with another acquisition. Magnitude said it is purchasing Innowera, an Irving-based business software startup. Financial terms of the deal were not disclosed. Magnitude was founded in 2014 through...

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Open Source

Austin’s Crossroads Systems acquires provider of affordable housing, mortgage financing

Austin-based technology company Crossroads Systems says it has acquired Capital Plus Financial, a provider of affordable housing and mortgage financing to underserved communities. As part of the deal, Erik Donnelly, CEO of Capital Plus Financial,...

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Open Source

Austin health tech startup Keet acquired by Portland company

Austin-based Keet Health, a communication platform for medical providers, has been acquired by Clinicient, a Portland-based outpatient rehabilitation software maker. Financial terms of the deal were not disclosed. Clinicient, founded in 2004, helps...

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Open Source

Thursday Tech Crawl: Disney challenges tech giants with $52B bid for 21st Century Fox. Plus the latest on net neutrality and more.

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Disney bets on streaming with $52.4B Deal for 21st Century Fox  In a deal that greatly expands its streaming services, the Walt...

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Open Source

Report: Austin to be among top cities for tech hiring in first half of 2018

Austin ranks fourth on a new list of U.S. cities where technology hiring is expected to grow the most in the first half of 2018. Twenty-five percent of chief information officers surveyed in Austin said they plan to add full-time tech professionals...

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Open Source

With $282M acquisition, Silicon Labs doubles down on Internet of Things 

Silicon Laboratories is doubling down on the “Internet of Things” market with its recent $282 million acquisition of California-based Sigma Designs. Austin-based Silicon Labs has continued to notch higher sales growth thanks in part to its efforts...

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Open Source

Planview expands its software offerings with another acquisition

Austin software maker Planview is expanding its project management offerings with the acquisition of a Tennessee-based company, the company said Monday. Financial terms of the deal were not disclosed. Planview sells software that helps companies map...

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Oracle’s big bet on Austin

For 16 months, Oracle’s new corporate campus has been quietly taking shape on prime waterfront property southeast of downtown Austin. The sleek five-story building will have more than half a million square feet of office space that initially will...

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