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iTexico Doubling Their Staff in Austin
The software service company iTexico said they would be doubling the size of their staff in Austin to 24 people this year. In addition, the company intends on also doubling their staff in Guadalajara, Mexico from to 200. Mexico has a rapidly growing pool of IT professionals. [iTexico to Double Austin and Mexico Staff to Meet Demand: ABC 3340]
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Schoox raises $1M
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Abila Has a New CFO
Austin-based company Abila said Monday they had appointed Jeff Cross as their new chief financial officer. Before joining Abila Cross worked at DigitalGlobe. Abila makes software that is designed for nonprofits. [Abila Names New CFO: Texas Tech Pulse]
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Spiceworks Hired a Twitter Executive to Replace Their CFO
Software company Spiceworks has hired Amir Movafaghi, a former Twitter executive, to act as their new chief financial officer. Movafaghi was among the first 150 people hired at Twitter, and held the position of vice president of global business operations. [Spiceworks replaces CFO with Twitter executive: Austin Business Journal]
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Raytheon Buys Websense for $1.9 Billion
Raytheon, the giant defense conglomerate, has bought Austin-based Websense. The deal is aimed at making high end cyber protection available for commercial companies. Raytheon bought Websense from the private equity group Vista Equity, who will invest $335 million to maintain a minority stake in the company. [Austin cybersecurity company Websense bought for $1.9 billion: KXAN]
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Austin's Loop & Tie Is Part of REach's 2015 Accelerator Class
The Chicago-based accelerator REach said that Austin's Loop & Tie will be part of its 2015 class. In total, seven companies were accepted into the accelerator. Loop & Tie offers gift receivers the opportunity to pick the gift they really want. [Built in Austin]
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Tanis Communications to open Austin office
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